Brazil Commercial Real Estate Sales and Rentals Continue Decline

Considering the accumulated inflation rate of 2.70 percent over the last twelve months, commercial real estate sale and rental prices have declined -6.63 percent and -6.68 percent respectively.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL – According to the latest FipeZap Commercial Index, Brazil commercial real estate prices in the four cities of Rio de Janeiro, São Paulo, Belo Horizonte, and Porto Alegre showed continued declines through October, with sale prices falling -0.67 percent, and rental prices decreasing -0.37 percent.

Among the four cities, Rio de Janeiro had the most expensive commercial real estate sale prices with an average . . .

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