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Nascent recovery in Sao Paulo's real estate market as vacancies drop

Published Thu, Jul 27, 2017 · 09:50 PM
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Sao Paulo

LOPES Supermercados, a small supermarket chain on the outskirts of Sao Paulo, has started opening stores again after enduring three years of economic malaise. Meanwhile, co-working startup WeWork Co opened its first office in the heart of Brazil's financial capital three weeks ago, with five more planned through January.

Vacancy rates for prime-quality commercial real estate in Sao Paulo started dropping in September for the first time in five years, a decline that has continued th…

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