Sao Paulo Office Market Is Worst in Decade, Engebanc Study Says

  • 6,000 square meters went vacant in the first half of the year
  • Market to scrape along bottom before recovery starts in 2017

Sao Paulo’s corporate real estate market is headed for its worst year in a decade as Brazil’s recession continues to take a toll on the nation’s financial center, according to real estate consultant Engebanc.

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