industrialPublished on November 20 by the National Industry Confederation – CNI, the research Sondagem Industrial (Industrial Survey) showed that the industry’s performance had slight improvement in October — after 11 months, the production development indicator rated 50.8 — however, expectations of business owners for the coming six months remain negative. Items such as demand, export volume, number of employees and purchase of raw materials were rated below 50 — values range from 0 to 100 — signaling the pessimism of the sector. There is one exception though: the plastic industry is expanding due to the growing retail demand in the beverage industry. That means that, even through rough times, new opportunities may arise. It is necessary, then, to stay tuned.

Data from the last Market Beat – Industry, published by C&W in early November, confirm the perception of industry performance, which may delay expansion projects of many companies, thus suggesting greater variations to prices than to the rate of vacancy. This rate fell 0.1% in all regions of Brazil, showing certain degree of stability. However, regional differences revealed some variations.

The State of São Paulo, for example, showed a vacancy rate of 17.9% in the third quarter of 2014, with a small increase of 3% over the previous quarter. The region received a new stock of 213,760 m², representing a 3% increase over the second quarter.

As for the net absorption, the state’s territory decreased by 42% with a volume of 158,449 m², and the gross absorption totaled 252,000 m², signaling a 14% decrease against the second quarter. The largest volume was absorbed by companies in the logistics sector (48%), Food and Beverage (21%) and Technology (19.5%).

As regards the suggested price of lease, there was little increase of 3%, from R$ 20.00/m² in the second quarter to R$ 19.6/m² in the third quarter of 2014. In the MRSP East, the value increased from R$ 23.3/m² to R$ 23.9/m² and in the MRSP North, from R$ 23.9/m² to R$ 22.7 / m².

In Rio de Janeiro state, the vacancy rate was 10.2% in the third quarter with increase of 0.15% against the second quarter, reflecting slight negative net absorption of 1,027 m² over the period. Gross absorption in the regions Duque de Caxias and Dutra represents 60% and 40%, respectively, of the entire stock absorbed. Low occupation, however, was more noticeable on developments whose values were above average for the surveyed areas. The suggested average price, around R$ 23.9/m2 declined 2%.