Office occupation at 172.000 sqm until November

Office occupation at 172.000 sqm until November

Regardless, this amount represents a 10% decrease yoy. According to Mariana Rosa, Head of Office/ Logistics Agency & Transaction Management at JLL, «within the current scenario of lack of new offices for immediate occupation, and a stock that has its availability at a minimum low (around 5%), it ends up being good news for the market that with one month to go until the end of the year the contraction is only 10% of the previous year’s take-up».

Besides that, she added, «it was only during the last quarter that the market lost some pace. This means that, even with all these constraints, activity is rather strong and demand does not seem to be slowing down, with a particularly interesting dynamic within shared services and tech companies».

According to the data compiled by the Office Flashpoint from JLL, «TMT’s & Utilities» companies and «Company Service Providers» were the most active occupants, responsible for 22% and 21% of all take-up until November, followed by «Consultants and Lawyers», with 18%.

JLL also highlights that it was responsible for 38% of the total traded area during the first 11 months of 2019, which awards it the leadership within this segment.

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