Vitória registered a 12.7% drop in the proposed price on rental of high standard offices over 2014. In the fourth quarter, the price of the rated square meter was estimated in R$ 43.3, against R$ 49.6 in the same period in 2013. Data from the last Market Beat survey from the American advisor Cushman & Wakefield.

“The vacancy rate (vacant space) was 0.8%, the lowest across the country, which means that there is still demand for this profile of project in the region”, said Gustavo Garcia, Research Manager at Cushman & Wakefield Latam. The vacancy rate in São Paulo reached 20.2%.

The current stock of class A buildings in the city is the total amount of 94,600 square meters, and more 5,280 square meters being constructed.