Industrial and logistics real estate rent per square meter in Brazil 2024, by market
The average asking rent per square meter of industrial and logistics real estate in Brazil was about 23 Brazilian reals in the first quarter of 2023, but this figure varied across different markets. São Paulo, which was the market with most inventory, had monthly rent of 25.7 Brazilian reals per square meter, making it the second most expensive market. Within São Paulo, warehouse rents reached up to 35 Brazilian reals per square meter.