A survey conducted by C&W confirmed the forecast: the delivery of corporate projects was proven to be a slightly slower this semester and there is a reasonable number of vacant offices in the market. The demand for new sites, mainly for those concluded from 2012 on, is boosting the sector.

Companies are taking this period to move to other places, selecting larger and better located areas – such as the districts of Vila Olimpia and Brooklin, in São Paulo – thus triggering an adjustment in rental prices.

The average rental price dropped,4% in general: it was valued R$ 121.8/m²/month in the second quarter, while during the first, prices reached R$126.9/m²/month. The region around Faria Lima Avenue, for example, presented a little negative variation: from R$163.1 to R$161.2. The trendy area around Paulista Avenue – one of the places with fewer high quality stocks – suffered a 5.7% drop: from R$133.5 to R$125.8.

In order to make a good choice, an expert should be asked. “By being supported by an advisor, it is easier to choose a new location taking into consideration all variables, such as region and infrastructure”, explains Raquel Miralles, General Manager of Agency Leasing at C&W.