Vacancy rate of office real estate in São Paulo, Brazil 2023, by market

Published by Statista Research Department, Oct 23, 2023

In 2023, Santo Amaro experienced the highest vacancy rate for office real estate among all the districts in São Paulo, Brazil. Approximately 75 percent of the office space in Santo Amaro was vacant in the third quarter of 2023. The districts of Faria Lima and JK, on the other hand, saw the lowest vacancy rates for office spaces, both below 10 percent. Overall, Class AA+ central business district rents in São Paulo had a vacancy rate of 24 percent. 

Vacancy rate of office real estate in São Paulo, Brazil in 3rd quarter 2023, by market

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Release date

September 2023

Region

Brazil

Survey time period

Q3 2023

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