The average cost of sale of commercial properties in Brazil remained stable in September (+0.04), compared to the previous month. Despite the rise, prices at establishments remain 0.17% lower this year, compared to the same period in 2021.
The data are part of the survey released this Tuesday (25) by the FipeZap Commercial Sale and Lease Index, which tracks the price of rooms and commercial suites of up to 200 square meters in ten Brazilian cities.
According to FipeZap, the decline in the average price was driven, in the first nine months of the year, by the lows recorded in Brasília (-8.78%); Rio de Janeiro (-2.41%); Belo Horizonte (-2.66%); Salvador (-1.07%), and Campinas with -0.49%.
The declines observed in the period by the survey overlapped the increases registered in Curitiba (+7.40%); Florianópolis (+2.99%); Niterói (+1.26%) and São Paulo (+0.75%).
For sale, the average price per square meter of commercial properties in Brazil, in September, was R$8,444. Among the cities surveyed, São Paulo stood out with the highest average value: R$ 9,871/m2. In second place is Rio de Janeiro, with R$ 8,884/m2.
commercial property rental
Commercial property rental prices in Brazil in September increased by 0.37% compared to the previous month. The FipeZap Index shows that, in the year, monthly rental costs grew by 3.56%.
The high in values was pulled by rents in Salvador, which had a monthly increase of 1.53% and an annual increase of 4.41%. Just behind, São Paulo and Rio de Janeiro recorded annual growth of 3.34% and 2.5%, points out FipeZap. Respectively, the two cities had an increase of 0.37% and 0.05% in September.
According to the coordinator of the MBA in Financial Management at Fundação Getúlio Vargas (FGV), Ricardo Teixeira, the rise in the value of rents is possibly related to the greater economic activity seen in recent months in the country, after the epidemiological improvement of Covid-19.
“The increase in the price of commercial real estate is possibly related to greater economic activity in Brazil, which means that companies and the sector are looking for these spaces to occupy. And with greater demand, the price naturally rises”, explained the coordinator of the MBA at FGV.
Source: CNN Brasil
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