By Nelson Belen, Contributing Reporter
RIO DE JANEIRO, BRAZIL - According to the latest FipeZap Commercial Index, Brazil commercial real estate prices across Rio de Janeiro, São Paulo, Belo Horizonte, and Porto Alegre declined slightly in May, with commercial sale prices falling an average of 0.43 percent, and commercial rental prices decreasing 0.49 percent.
Among the four cities in May, Rio de Janeiro had the most expensive commercial real estate sale prices with an average per square meter price of R$10,937. Subscribe to our Premium Membership Plan. Already Subscribed? Login Here