Leases of high-end industrial and logistics spaces in Rio de Janeiro picked up this quarter, and net absorption was 47 thousand m². Demand indicators show improvement compared to 2023 and 1Q24; is the best quarterly result so far this year. Year-to-date net absorption is 83 thousand m², almost as much as in the entire last year.
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Rio de Janeiro Industrial Market Report
Q2 2024
The segment of industrial and logistics condominiums in Rio de Janeiro remains challenging, with significant supply and sluggish demand.
