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📣 2024 #Recap: The Most-Read Stories in Commercial Real Estate in BR The year 2024 was filled with significant trends, movements, and insights that shaped the commercial real estate landscape. But which topics captured the most attention? 🔎 We've curated the most-read articles of the year – the stories that industry leaders relied on for critical information and strategic insights. 👉 Dive into the full article here: https://lnkd.in/dXfYwDkS #CommercialRealEstate #RealEstateInsights #CREtrends #2024Recap #SiiLA SiiLA.br

Data from SINAPI, the National System of Costs and Indexes for Civil Construction, calculated by IBGE, show that the construction cost in Brazil today is R$ 1,786.82/m², varying by region. External factors and market fluctuations, however, are having an even greater impact on construction costs for industrial parks. In an interview with REsource, Eduardo Barbosa, Engineering Director at cy.capital and a recognized authority on industrial asset development, shared how rising prices for concrete, asphalt, steel, and imported components are presenting new challenges for the industry. Read more: https://lnkd.in/dyqjHtR9 #realestate | #industrialproperties | #Brazil | #construction

In Mexico 🇲🇽, industrial warehouses 🏭 average ceiling heights of 10 meters, though only 15% exceed that figure 📏. This trend, however, is evolving 🔄. Factors such as nearshoring 🌍, the increasing complexity of supply chains 📦, and the scarcity of industrial-zoned land 🏞️ drive innovative designs 💡, from higher ceilings ⬆️ to vertical warehouses 🏢 in key markets.  How is the industry addressing these challenges 🤔, and what strategies are shaping the sector’s future 🔮? This article explores the trends redefining Mexico’s industrial real estate landscape 📰. Read more 👉 https://lnkd.in/dmsgW4mx #realestate #CRE #SiiLA #México 

The year 2024, particularly its final quarter, has been marked by high interest rates, directly impacting the real estate sector and the performance of real estate investment funds (FIIs). The REsource team interviewed two prominent experts on FIIs: Ricardo Figueiredo, Executive Manager of Real Estate Investment Funds at Finclass and Partner at Grupo PRIMO, and Marcos Baroni, Real Estate Investment Funds Analyst at Suno Research. Read more: https://lnkd.in/d3a5RuyW #FII | #investments | #realestate | #Brazil

The commercial real estate market in Brazil proved resilient despite the disruptions of the pandemic. Since 2022, companies have been rethinking their corporate office spaces as hybrid and flexible work models gain traction. According to data from the Market Analytics platform, coworking companies currently occupy approximately 253,000 square meters in Class A+, A, and B office buildings in São Paulo monitored by SiiLA. Tiago Alves, CEO of @iwgplc in Brazil—one of the leading companies in the sector—shared insights in an exclusive interview with REsource on how flexible spaces have become an attractive solution in recent years. Read here: https://lnkd.in/dG-Azx72 #coworking | #ceo | #office | #backtooffice

Mexico’s corporate real estate market 🏢 is undergoing a profound transformation 🔄: vacant spaces 🏚️, strategic relocations 🚚, and new workplace models 🧑💼 are reshaping the industry’s dynamics ⚙️.     Why are companies abandoning specific spaces ❌ and prioritizing others ✅? How do trends like flight to quality ✈️✨ or the rise of plug-and-play spaces 🔌🏢 influence these shifts?     Read more 👉 https://lnkd.in/dnpXUe7m #realestate #CRE #SiiLA #México 

When leasing an industrial property, companies need to consider more than just the rent outlined in their contracts. Fixed costs such as property taxes (IPTU) and condominium fees are critical components of total occupancy costs and must be factored into financial planning. Read here: https://lnkd.in/dAVRmSjy #realestate | #industrialproperties | #tax | #Brazil | Retha | Marino Mário da Silva

The year 2024 stood out as a milestone for Brazil's commercial real estate market, driven by large-scale transactions and strategic moves by leading companies and real estate funds (FIIs). REsource provided in-depth coverage of the most noteworthy deals of the year, spotlighting those that reshaped the market. Read here: https://lnkd.in/dsP2utzM #recap | #2024 | #realestate | #news | #brazil

As we conclude 2024, we extend our heartfelt gratitude to our team, clients, friends, and partners for their trust and collaboration. This year has been marked by remarkable progress, reinforcing our dedication to providing top-tier data, intelligence, and content solutions for the commercial real estate market across Latin America. Looking ahead to 2025, we reaffirm our commitment to relentless innovation and unwavering focus on addressing the industry’s needs. Exciting developments are on the horizon, designed to further strengthen the market and drive growth for our clients. Wishing you a new year filled with success and accomplishments. Together, we’ll continue shaping the future of the real estate industry. Warm regards from the #SiiLA Team!

A report released by BTG Pactual reveals a sharp decline in the performance of real estate investment funds (FIIs) in Brazil. Brick-and-mortar FIIs fell by -12.1%, while the IFIX index dropped by -10.4%. Across segments, industrial properties FIIs declined by -10.4%, shopping malls by -12.9%, and corporate offices by -16.3%. According to Maria Fernanda A. Violatti, CNPI analyst and Brazilian real estate fund expert, FIIs have suffered significant losses since September, when the government announced its fiscal spending package. This announcement, she explains, triggered a wave of pessimism. Read here: https://lnkd.in/d_FdQ4ZX #FII | #Brazil | #economy | #realestate