Recovery of office building market depends on vaccine
After widespread discussions about high-end office buildings being returned in droves due to working-from-home policies put in place because of the coronavirus pandemic, the segment starts 2021 expecting to resume the growth cycle driven by vaccines. In the São Paulo market of large office buildings, Brazil's largest, there are uncertainties: there is a forecast of supply of new properties and potential tenants are still wary about closing contracts. Before the pandemic, this segment of the real estate market was in full swing given the perspective of scarcity of...
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