After another quarter of negative net absorption in Rio de Janeiro’s industrial and logistics market — returns exceeded new leases — the sector is signaling a possible shift toward imbalance. Vacancy rate remained virtually stable, rising slightly from 10.2% to 10.5%. Projections for 2025 point to a more cautious market, with controlled supply and selective price adjustments depending on demand recovery and a balance between location and logistical efficiency.
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Rio de Janeiro Industrial Market Report
Leasing activity in Rio de Janeiro’s market showed slight quarterly improvement, but was not enough to offset net absorption declines, considering the volume of returns