Brazil Commercial Real Estate Continues Downward Trend

Despite nationwide declines, Rio's upscale Leblon still tops Brazil, by a wide margin, in terms of commercial real estate prices, averaging R$34,791 per square meter for sales and R$138.32 per square meter for rentals.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to the latest FipeZAP Commercial Index, Brazil’s commercial real estate prices, in both sales and rental sectors, continued its downward trajectory in April 2017.

In the commercial real estate sales sector, Rio de Janeiro held on to its position as the city with the most expensive commercial real estate in Brazil: R$11,111 per square meter.

Despite numerous reports of increased criminal activity . . .

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