São Paulo
In the 3rd quarter of 2022, the total stock of industrial and/or logistics condominiums in the state of São Paulo increased to 16.4 million m², of which 590 thousand m² represented new projects delivered (new inventory). The vacancy rate in the period increased to 12.15%, which represents 1.9 million m² of vacant spaces. Construction activity in the quarter decreased to 2.27 million m². On the demand side, gross absorption decreased to 608 thousand m². The average asking price increased to R$ 21.16/m² per month.

The universe of Class A industrial and/or logistics condominiums in the state of São Paulo presented, in this 3rd quarter of 2022, a positive net absorption of 436 thousand m² and a vacancy rate that increased to 12.82%. The universe of Other Class industrial condominiums presented a positive net absorption of 40 thousand m² and the vacancy rate decreased in relation to the previous quarter, going to 10.17%.
Occupancy, vacancy rate, construction activity e new stock
Industrial and Logistical condominiums (Class A and Others)

Net Absorption and Vacancy Rate
Warehouse condominiums

Rio de Janeiro
In the 3rd quarter of 2022, the total stock of industrial and/or logistics condominiums in the state of Rio de Janeiro remained stable, at 2.8 million m² with no new projects delivered. The vacancy rate in the period decreased to 13.92%, which represents 391 thousand m² of vacant spaces. Construction activity in the quarter remained stable at 197,000 m². On the demand side, gross absorption increased compared to the previous quarter to 114 thousand m². The average asking price increased to R$ 21.94/m² per month.

The universe of Class A industrial and/or logistics condominiums in the state of Rio de Janeiro presented, in this 3rd quarter of 2022, a positive net absorption of 6.5 thousand m², and a vacancy rate that slightly decreased to 12.50%. The universe of Other Class industrial condominiums presented a negative net absorption of 3.4 thousand m² and registered an increase in the vacancy rate, which closed the quarter at 29.11%.
Occupancy, vacancy rate, construction activity e new stock
Industrial and Logistical condominiums (Class A and Others)

Net Absorption and Vacancy Rate
Warehouse condominiums

