industriasAccording to experts, the Brazilian economic scenario tends to recover from next semester on. Provided all duly measures are taken, Brazil should resume the path of development, in a sustainable pace this time.

This is also Cushman & Wakefield’s view in its Industrial Market Beat for the first half of 2015. In the medium term, the new fiscal and monetary policies – that is, inflation under control, stable currency, reasonable interest rates and well-managed tax policy — should allow sustainable growth of the country.

So, it’s expected consistent results over the next six months, with direct impact on the real estate market, with net absorption and regain of new business. The industrial sector has been suffering the effects of the current economic scenario. To illustrate, this sector marketed over 968,000 square meters in 2014 — an average of 242,000 square meters a quarter —, while the first three months of 2015 marketed just 112,000 square meters. In this period it was delivered 161,000 square meters, keeping the vacancy rate stable in 15%.

In the State of São Paulo — which represents 70% of the whole industrial ground — Campinas, Jundiaí and a number of metropolitan areas located in the east, west and north presented results below expectations, absorbing 46,000 square meters, that is, 81.4% of 56,500 square meters. Rio de Janeiro had another downturn: the 10,900 square meters were not marketed in the first quarter of 2015.

It is noteworthy that a survey conducted by C&W has shown that over 1,400,000 square meters shall be delivered this year, being 61% in São Paulo, 17% in Rio de Janeiro, 16% in Pernambuco, 4% in Paraná and 2% in Rio Grande do Sul.