SÃO PAULO. 1 st quarter 2013 OFFICE

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "SÃO PAULO. www.colliers.com.br. 1 st quarter 2013 OFFICE"

Transcription

1 1 st quarter 2013 OFFICE SÃO PAULO Market Report OFFICE CLASSES A+, A AND B OFFICE MARKET REPORT COLLIERS CHANGED ANALYSIS PARAMETERS IN 2013 Existing Inventory: 3.77 Million sqm Under Construction Inventory: 830 thousand sqm Availability: 9.0% Net Absorption: 63 thousand sqm Average Asking Price: R$ 109/sqm/month The office market changed positively in the last five years. Led by the country s economic moment, the demand increased, becoming more challenging and attentive to the market statistics. The mentioned evolution considers technical and conceptual aspects. New technologies are used in the maintenance and construction of new buildings. Part of this new constructive model refers to the sustainable buildings (Green), which changed the way of analyze the current A+ and A properties. Corridor Regions: Regions called corridor, for example, and, have now a different understanding. The main modification is about the necessity to have the building address in their corridor or in the corner of it. In order to balance and transmitting information with more accuracy, Colliers International Brazil changed the analysis parameters from the first quarter of Main Changes: Reclassification: All buildings monitored by Colliers were reclassified. Evaluate the inventory each five years provides solid and real statistics in accordance with the constructive evolution of the city, since the market is not static and suffers the effects of age. Class B: After the reclassification, some of this inventory composition migrated from class A and still have strong commercial appeal. Another reason about the increase of demand and prices, leading part of the tenants for class B properties. Changes in the Region s Perimeter and New Nomenclatures: The old Marginal region was divided and is now composed by the adjacent regions (northbound). Southbound modification is represented by regions Butantã, and.. The old region Berrini changed the nomenclature for and extended its perimeter to avenue. region was subdivided and now receive the name of between the limits of the avenues Eusébio Matoso, and Juscelino Kubitschek (odd side).

2 << Alphaville 18 km International Airport (Guarulhos) >> 22 km Rod. Castelo Branco Marginal Tietê Marginal Av. Rebouças NEW OFFICE PRIMARY REGIONS MAP 2013 Av. Bandeirantes Av. Nações Unidas Chácara Sto. Antonio Domestic Airport (Congonhas) Collies International Corporate Office SÃO PAULO Availability After the end of the first quarter, São Paulo office market presented a greatest performance if compared to the previous periods. The availability rate (classes A+, A and B) was 9.0%, a similar level that Colliers understand as a balance rate between supply and demand. Considering the class A + and A market, the 13.3% availability rate is in theory, a favorable condition for potential tenants. Approximately 70% of 341 thousand sqm available in the market are originated from areas in buildings delivered from 2012 onwards. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Origin of Available Area Thousand sqm Available Areas Remaining From Buildings Delivered in 2012 Onwards. p. 2 Colliers International

3 Among the primary regions (where there is at least one building class A + or A) monitored by Colliers, had the highest percentage, 30.7%, due to the available area in one of the buildings that compose the development Corporate Towers. The highest amount of square meters are located in the region of that although the percentage of 14.1%, has the largest inventory among primary regions. The regions, and presented the lowest availability rates. EXISTING INVENTORY X AVAILABILITY (%) BY REGION 700, , % 30.0% 500, , , , , % 20.0% 15.0% 10.0% 5.0% 0% Chácara Santo Antonio Existing Inventory (sqm) Availability (%) Net Absorption The increase in quarterly net absorption improved the perspectives about the corporate market of São Paulo. Considering the absorption among classes A +, A and B, the market absorbed 63 thousand sqm. The regions with the highest share in the total are, and Cidade Jardim, which together have a representation of 76% of total absorbed. Considering only leased areas (gross absorption), the recorded number is 115 thousand sqm. Net Absorption: 63 Thousand sqm Gross Absorption: 115 Thousand sqm NET ABSORPTION (THOUSAND SQM) BY REGION 20, , , , , , Chácara Santo Antonio Colliers International p. 3

4 Prices AVERAGE ASKING LEASE PRICES BY REGION (R$/SQM/MONTH) The average asking lease prices presented a similar situation as seen in the previous quarter. The difference is explained by the inclusion of class B properties and the reclassification as mentioned before. The highest prices are in regions of, and. Some commercial practices are now coming back to the market such as, grace period and delivery conditions. Actually, the market has more acceptance for buildings delivered with a better internal infrastructure as ceiling, floor and lighting, for example. In the case of absence, the future tenant can have its occupancy delayed up to three months. The trend throughout the year is to maintain the prices relatively stable being the increases or decreases occurring due to the delivery of new buildings Chácara Santo Antonio Statistics Table REGION TOTAL AREA PRICES (R$/SQM/MONTH) AVAILABLE AREA AVAILABILITY (%) 107,451 R$ , % i 558,601 R$ , % Chácara Santo Antonio 222,134 R$ , % 102,431 R$ , % 369,949 R$ , % 334,106 R$ , % 224,116 R$ , % 125,239 R$ , % 330,121 R$ , % 281,732 R$ , % 272,144 R$ , % 263,830 R$ , % 586,913 R$ , % total 3, R$ , % ALPHAVILLE Alphaville office market presented a net absorption above of expectations for one more consecutive quarter. The 6 thousand sqm was not enough for a significant decrease in the availability rate. The average asking lease prices are stable for a long time, a factor that does not contributes for local development. In a second analysis, it is possible to say that the Alphaville office market presents high quality buildings equal or superior to most of buildings located in the city of São Paulo, in commercial conditions more favorable for the tenant. Net absorption shall remain constant in the coming quarters, which will contribute to slow down the decrease of availability rate. Approximately 72 thousand sqm may enter in the region during the year. Statistics Table REGION TOTAL AREA PRICES (R$/SQM/MONTH) AVAILABLE AREA AVAILABILITY (%) Alphaville 469,843 R$ , % p. 4 Colliers International

5 COLLIERS OPPORTUNITIES Paramout Chácara Sto. Antônio - SP Total Area: 2,214sqm Ref: 3116 DOMO Corporate ABC São Bernardo do Campo - SP Total Area: until 1,493sqm Ref: 3109 Colliers International More than 482 offices in 62 countries in 6 continents Joseph Kryss - SP Total Area: 9,000sqm Ref: 3089 Ed. NBC Sale Barueri - SP Total Area: 3,109sqm Ref: 3063 USA: 140 Canada: 42 LATAM: 20 Asia: 38 ANZ: 157 EMEA: 85 Ed. Jabaquara Jabaquara - SP Total Area: 5,219sqm Ref: 3041 Bela Cintra Tower - SP Total Area: 3,644sqm Ref: 3106 US$ 1,95 billion in annual revenue More than 104 millions sqm under management More than 13,500 profissionals CONTACTS REAL ESTATE MARKET vocabulary Sao Paulo R. Olimpíadas, Sao Paulo SP TEL Absorption: Amount of sqm occupied in the previous period. Development Category: Real estate properties are classified as A+, A, B and C. Stock / Inventory: Amount of usable constructed area in square meters. Availability Rate: Ratio between area available area and total area. Ceilings Height: Space between the finished flooring and the 1st structure ceiling interference. Build-to-Suit: Customized construction Colliers international do brasil REAL ESTATE CONSULTANCY for INDUSTRIAL, office, retail, land, rural, HOTels, HOSPITAls and educational institutions. Real Estate Investments. Tenant and Landlord Representation - Leasing, Acquisition and Sale. Advisory and Disposals for real estate assets and/or portfolios. Build-to-Suit and Sale & back Operations. Administration and Property Management. Real Estate Valuation for Leasing, Acquisition, Sale and Guarantee. Market and Technical-Financial studies, Highest and Best use studies Rio de Janeiro Av. Almirante Barroso, Rio de Janeiro RJ TEL Recife Av.Gov. Agamenom Magalhães, Recife PE TEL Fortaleza Av. Dom Luis, Fortaleza CE TEL More information: RESEARCH AND MARKET INTELLIGENCE OFFICE Advisory for Investment Funds and Private Investors. Research and Market Intelligence. Green Consulting for LEED certification This document was prepared by Colliers International Brazil. All information in this material may be changed without prior notice. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. Accelerating success.

Office Snapshot Q4 2015

Office Snapshot Q4 2015 São Paulo SÃO PAULO OFFICE Economic Indicators GDP % -1.7% Inflation Rate 6..4% 10.7% Unemployment Rate 6.5% 7.5% Economics Stagflation. High inflation combined with increased unemployment rates and economic

More information

Economic Overview RESEARCH REPORT BRAZIL I RIO DE JANEIRO RESEARCH & FORECAST REPORT. www.colliers.com.br

Economic Overview RESEARCH REPORT BRAZIL I RIO DE JANEIRO RESEARCH & FORECAST REPORT. www.colliers.com.br 2º SEMESTRE 2010 ESCRITÓRIOS BRAZIL I RIO DE JANEIRO RESEARCH & FORECAST REPORT RESEARCH REPORT COLLIERS OFFICES IN BRASIL Economic Overview Based on consistent data and supported, especially, by the strong

More information

Leasing and investment market off to a lively start in 2016

Leasing and investment market off to a lively start in 2016 Düsseldorf Market Report Office Leasing and Investment Q1 2016 Leasing and investment market off to a lively start in 2016 Lars Zenke Director Research Düsseldorf Office Leasing The Düsseldorf office leasing

More information

INSTITUTIONAL PRESENTATION JUNE/2016

INSTITUTIONAL PRESENTATION JUNE/2016 INSTITUTIONAL PRESENTATION JUNE/2016 Agenda 01 The Company 02 Competitive Advantages 03 Track record 04 Main Achievements 2 São Carlos invests in real estate assets with a high potential of value appreciation

More information

Second Quarter Results

Second Quarter Results Hemisphere São Paulo, SP, Brazil Launched in June 2008 Second Quarter Results August 15, 2008 1 Praça das Águas São Paulo, SP, Brazil Launched in May 2008 Second Quarter 2008 Highlights for the Year Elie

More information

on.point Brazil Industrial High-End Warehouses Outlook st half 2012 Real Estate Research

on.point Brazil Industrial High-End Warehouses Outlook st half 2012 Real Estate Research on.point Real Estate Research Brazil Industrial High-End Warehouses Outlook 2016 1 st half 2012 Forecast for new stock - Brazil 13.2 million m² Forecast for delivery in 2012 - Brazil 2.8 million m² Forecast

More information

Real Estate Price Indices: methodology and use in the Brazilian economy

Real Estate Price Indices: methodology and use in the Brazilian economy Real Estate Price Indices: methodology and use in the Brazilian economy The repercussions of the Brazilian economy recent expansion on real estate demand and on the trajectory of prices applied in the

More information

Real Estate Industry in Brazil

Real Estate Industry in Brazil Real Estate Industry in Brazil 15 Th ULI Europe Annual Conference February, 2011 Agenda 1. Macro Scenario 2. The Real Estate Market in Brazil Residential Office Hospitality Industrial Shopping center 3.

More information

São Paulo Office Skyline July 2014

São Paulo Office Skyline July 2014 Office Skyline July 2014 w Office Market Overview - Global Prime Offices City Rental Clock The Jones Lang LaSalle Property Clocks SM Based on rents for Grade A space in CBD or equivalent. US positions

More information

Global Real Estate Outlook

Global Real Estate Outlook Global Real Estate Outlook August 2014 The Hierarchy of Economic Performance, 2014-2015 China Indonesia India Poland South Korea Turkey Australia Mexico United Kingdom Sweden United States Canada South

More information

JHSF Participações S.A. JHSF3

JHSF Participações S.A. JHSF3 JHSF Participações S.A. JHSF3 Disclaimer Management makes forward-looking statements concerning future events that are subject to risks and uncertainties. These statements are based on its beliefs and

More information

Office Leasing and Investment

Office Leasing and Investment MarkEt REPORT Berlin 214/215 Office Leasing and Investment Accelerating success, Office leasing Berlin STATISTICS Population 3,422, Unemployment rate 11.1 % Employees paying social security contributions

More information

1Q10 CONFERENCE CALL TRANSCRIPTION

1Q10 CONFERENCE CALL TRANSCRIPTION Good morning, welcome everyone to Camargo Corrêa Desenvolvimento Imobiliário s first quarter of 2010 results conference call, released yesterday, May 1st. Today with us we have Mr. Francisco Sciarotta

More information

A panorama of Brazil The country and the real estate market

A panorama of Brazil The country and the real estate market A panorama of Brazil The country and the real estate market Politic, economic and real estate development By Flavio Amary, Secovi-SP incoming president Real estate market opportunities By Joaquim Ribeiro,

More information

>> Industrial Starts Off 2016 With Positive Momentum

>> Industrial Starts Off 2016 With Positive Momentum Research & Forecast Report ORANGE COUNTY INDUSTRIAL Q1 2016 Accelerating success. >> Industrial Starts Off 2016 With Positive Momentum Key Takeaways > Orange County Industrial continued on a positive path

More information

Land Advisory Group Specialized Real Estate Services

Land Advisory Group Specialized Real Estate Services COLLIERS INTERNATIONAL Land Advisory Group Specialized Real Estate Services Accelerating success. Colliers International Land Advisory Group P. 1 This document has been prepared by Colliers International

More information

Earnings Presentation 4Q09

Earnings Presentation 4Q09 Earnings Presentation 4Q09 March 10, 2010 Faria Lima Square São Paulo, SP 0 CCP s Management CEO Roberto Perroni CEO & IRO Dani Ajbeszyc Commercial Properties Officer Nessim Daniel Sarfarti Shopping Malls

More information

Despite Continued Spec Development, Demand Pushes Vacancy Down

Despite Continued Spec Development, Demand Pushes Vacancy Down Research & Forecast Report CHICAGO BIG BOX Fourth Quarter 15 Despite Continued Spec Development, Demand Pushes Vacancy Down Craig Hurvitz Vice President Chicago Vacancy And Supply Four big box developments

More information

Market Report MANHATTAN OFFICE 2Q 2015. Leasing Activity MSF. Absorption SF. Availability Rate 10.1% -0.6pp -0.9pp N/A. Average Asking Rent ($/SF/YR)

Market Report MANHATTAN OFFICE 2Q 2015. Leasing Activity MSF. Absorption SF. Availability Rate 10.1% -0.6pp -0.9pp N/A. Average Asking Rent ($/SF/YR) Market Report MANHATTAN OFFICE 2Q 2015 Accelerating success. 2Q 2015 Quarter-to- Quarter Change Year-to- Year Change YTD 2015 ± % $ Leasing Activity MSF Absorption SF 8,087,659-2.8% -8.0% 16,409,154 2,890,076

More information

Absorption in Logistic Condominiums passes 1,000,000 sq.m in 2011.

Absorption in Logistic Condominiums passes 1,000,000 sq.m in 2011. 4Q INDUSTRIAL BRAZIL MARKET REPORT INDUSTRIAL INDUSTRIAL RESEARCH A and A+ Absorption in Logistic Condominiums passes 1,000,000 sq.m in. ECONOMIC OVERVIEW PRICE ABSORPTION VACANCY NEW INVENTORY INDUSTRIAL

More information

São Paulo Office Skyline July 2014

São Paulo Office Skyline July 2014 Office Skyline July 2014 w Office Market Overview - Global Prime Offices City Rental Clock The Jones Lang LaSalle Property Clocks SM Based on rents for Grade A space in CBD or equivalent. US positions

More information

Urban Office and Hotel Curitiba RESULTS 1Q13. May 14, 2013

Urban Office and Hotel Curitiba RESULTS 1Q13. May 14, 2013 Urban Office and Hotel Curitiba RESULTS May 14, 2013 Duo Concept Porto Alegre Results Introduction Elie Horn Operating Results Raphael Horn Financial Results José Florêncio Rodrigues Highlights Gross Margin

More information

How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell

How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Case Study - 2012 How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Is it possible to increase client relationship efficiency and revenue by collect, analyze

More information

National Seniors Housing Group Specialized Real Estate Services

National Seniors Housing Group Specialized Real Estate Services COLLIERS INTERNATIONAL National Seniors Housing Group Specialized Real Estate Services Accelerating success. This document has been prepared by Colliers International for advertising and general information

More information

Aliansce Day Presentation

Aliansce Day Presentation Aliansce Day Presentation 2012 Our Portfolio Mature Assets (More than 5 years of operating history) New Generation Assets (Malls with less than 5 years of operating history) Next Generation Assets (Assets

More information

CAPITAL MARKETS AND INVESTMENT SERVICES INDIA

CAPITAL MARKETS AND INVESTMENT SERVICES INDIA CAPITAL MARKETS AND INVESTMENT SERVICES INDIA Getting to know us Colliers International s Capital Markets and Investment Services (CMIS) team assists investors and real estate developers in optimising

More information

Illusive Positives ALBUQUERQUE, NEW MEXICO INDUSTRIAL TRENDS REPORT Q INDUSTRIAL

Illusive Positives ALBUQUERQUE, NEW MEXICO INDUSTRIAL TRENDS REPORT Q INDUSTRIAL Q2 2014 INDUSTRIAL ALBUQUERQUE, NEW MEXICO INDUSTRIAL TRENDS REPORT MARKET INDICATORS Q1 14 Q2 14 VACANCY NET ABSORPTION CONSTRUCTION RENTAL RATE Illusive Positives On the surface the market appears to

More information

Vacancy Down, Rental Rates Up

Vacancy Down, Rental Rates Up Research & Forecast Report ST. LOUIS OFFICE First Quarter 2016 Vacancy Down, Rental Rates Up Business as usual for the St. Louis office market during first quarter 2016. Suburban office continues to drive

More information

BTG PACTUAL CONFERENCE SÃO PAULO FEBRUARY, 2015

BTG PACTUAL CONFERENCE SÃO PAULO FEBRUARY, 2015 BTG PACTUAL CONFERENCE SÃO PAULO FEBRUARY, 2015 OPERATING RESULTS CYRELA S LAUNCHES R$ 2,260 million in 4Q14 vs. R$ 2,695 million in 4Q13. R$ 5,848 million in 2014 vs. R$ 6,646 million in 2013. In 2014,

More information

Record office take-up Investment market remains dynamic

Record office take-up Investment market remains dynamic Berlin Market Report OFFICE LEASING AND INVESTMENT Q1 2016 Record office take-up Investment market remains dynamic Margit Lippold Director Research Office leasing Office take-up (in 1,000 sqm) including

More information

Industrial market. ST. PETERSBURG

Industrial market. ST. PETERSBURG Industrial market. ST. PETERSBURG Key industrial market indicators, 214 Supply INDEX VALUE Total stock 2.45 million m 2 Speculative stock 1.4 million m 2 New supply 355, m 2 Take-up 337, m 2 Vacancy rate

More information

Fagundes. Renting GoodStorage boxes for the storage of the company s products.

Fagundes. Renting GoodStorage boxes for the storage of the company s products. March 13, 2016 7:49 Focus on the self-storage real estate sector By EDILAINE FELIX Secovi s director and Asbrass s President said that this type of industry is not related to the conversion of an old shed

More information

MARKET REPORT SECOND QUARTER Market Still Contracting Tech Growth Slow in Coming Q NORTHERN VIRGINIA OFFICE MARKET SUMMARY MARKET OUTLOOK

MARKET REPORT SECOND QUARTER Market Still Contracting Tech Growth Slow in Coming Q NORTHERN VIRGINIA OFFICE MARKET SUMMARY MARKET OUTLOOK Q2 2014 NORTHERN VIRGINIA OFFICE NORTHERN MARKET REPORT VIRGINIA Q2 OFFICE 2014 NORTHERN VIRGINIA OFFICE MARKET REPORT SECOND QUARTER 2014 Market Still Contracting Tech Growth Slow in Coming MARKET OUTLOOK

More information

2Q07 Results Conference Call. August 16, 2007 I SÃO PAULO

2Q07 Results Conference Call. August 16, 2007 I SÃO PAULO 2Q07 Results Conference Call August 16, 2007 I SÃO PAULO Speakers Cesar Augusto R. Parizotto CEO Marco Antonio R. Parizotto Commercial Vice President Antonio Henrique Neves Commercial Vice-President Ricardo

More information

5 TH 35 TH. The footprint of Chinese banks in Hong Kong. The Going Out policy. Freely Floated. Hong Kong Market Insights Office September 2015

5 TH 35 TH. The footprint of Chinese banks in Hong Kong. The Going Out policy. Freely Floated. Hong Kong Market Insights Office September 2015 Market Insights Office September 2015 The footprint of Chinese banks in Simon Lo Executive Director Asia The Going Out policy Since the beginning of the millennium, mainland enterprises have been encouraged

More information

December/2003. Corporate Presentation

December/2003. Corporate Presentation December/2003 Corporate Presentation General Overview 1 HIGHLIGHTS Integrated Telecom Service Provider 15.1 million wirelines in service (Dec/03) Over 4.0 million wireless subscribers (Jan/04) Region I

More information

INTERNATIONAL CONFERENCE CALL ABOUT GENERAL SHOPPING BRASIL S FIRST QUARTER 2009 EARNINGS May 15, 2009

INTERNATIONAL CONFERENCE CALL ABOUT GENERAL SHOPPING BRASIL S FIRST QUARTER 2009 EARNINGS May 15, 2009 INTERNATIONAL CONFERENCE CALL ABOUT GENERAL SHOPPING BRASIL S FIRST QUARTER 2009 EARNINGS May 15, 2009 Operator: Ladies and gentlemen, thank you for standing by. This is General Shopping Brasil s conference

More information

Vacancy Rate Increases Above 20% As Space Givebacks Continue

Vacancy Rate Increases Above 20% As Space Givebacks Continue OFFICE LOS ANGELES MARKET REPORT Rate Increases Above 20% As Space Givebacks Continue MARKET OVERVIEW MARKET INDICATORS - VACANCY 20.1% NET ABSORPTION -137,400 CONSTRUCTION 508,200 RENTAL RATE $34.56 P

More information

The Little Train That Could

The Little Train That Could Research & Forecast Report RENO OFFICE Q3 2015 The Little Train That Could > > Rents continued to move higher as rates over $2.00 per square foot are becoming more common in the Class A buildings in the

More information

>> New Construction Delivers to the Orange County Office Market

>> New Construction Delivers to the Orange County Office Market Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> New Construction Delivers to the Orange County Office Market Key Takeaways > Three new office developments were delivered to the

More information

Supplemental Information First Quarter 2011 Earnings Call

Supplemental Information First Quarter 2011 Earnings Call Supplemental Information First Quarter 2011 Earnings Call Market & Financial Overview s Q1 2010 Q1 2011 growth slowing growth accelerating falling bottoming out Shanghai Washington DC London, Hong Kong

More information

5th Brazil Infrastructure Investments Forum Cesar Cunha Campos

5th Brazil Infrastructure Investments Forum Cesar Cunha Campos 5th Brazil Infrastructure Investments Forum Cesar Cunha Campos Director, FGV Projetos diretoria.fgvprojetos@fgv.br New York, November 2014 Ports - Railways - Airports - Public-Private Partnerships (PPP/P3):

More information

Investment Opportunities in Brazil

Investment Opportunities in Brazil STRUCTURED FINANCE Investment Opportunities in Brazil Infrastructure Sector October 2009 ADVISORY Transport Airports Confins International Airport Tancredo Neves - Belo Horizonte (MG) Project scope: Passenger

More information

Global office markets still posting solid fundamentals Latest research from Colliers International features 172 office markets

Global office markets still posting solid fundamentals Latest research from Colliers International features 172 office markets Page 1 of 5 Ross Moore, Executive Vice President Director of Market & Economic Research Tel: 617.896.7611 Email: Ross.Moore@colliers.com Global office markets still posting solid fundamentals Latest research

More information

Renewals Dominate Downtown Los Angeles Activity as Vacancy Decreases

Renewals Dominate Downtown Los Angeles Activity as Vacancy Decreases office downtown LOS ANGELES market report Renewals Dominate Downtown Los Angeles Activity as Decreases Market overview MARKET indicators - VACANCY 18.1% NET ABSORPTION 68,400 CONSTRUCTION 1,042,900 RENTAL

More information

Central Los Angeles Leasing Activity Surges Despite Negative Absorption

Central Los Angeles Leasing Activity Surges Despite Negative Absorption office CENTRAL LOS ANGELES market report Central Los Angeles Leasing Activity Surges Despite Negative Absorption Market overview MARKET indicators - VACANCY 19.8% NET ABSORPTION -112,300 CONSTRUCTION 1,242,600

More information

Supplemental Information First-Quarter 2014 Earnings Call

Supplemental Information First-Quarter 2014 Earnings Call Supplemental Information First-Quarter 2014 Earnings Call Market & Financial Overview Q1 & FY Capital Markets & Leasing Markets Volumes Investment Volume Strength Varies HISTORICAL FORECAST Capital Markets

More information

Investor Relations May 2016. Project: 701 Praças da Lapa

Investor Relations May 2016. Project: 701 Praças da Lapa Investor Relations May 2016 Project: 701 Praças da Lapa Even 2 Over 40 years of history... 2006 Acquisition of interest by Spinnaker 1974 abc investmob is founded 1999 ISO 9000 Certification ERP system

More information

VOIT REPORTS POSITIVE ABSORPTION FOR OFFICE AND LOW INDUSTRIAL VACANCY IN ORANGE COUNTY Q1 MARKET REPORTS

VOIT REPORTS POSITIVE ABSORPTION FOR OFFICE AND LOW INDUSTRIAL VACANCY IN ORANGE COUNTY Q1 MARKET REPORTS Contact: Jerry Holdner Voit Real Estate Services (949) 263-5371 Jholdner@voitco.com VOIT REPORTS POSITIVE ABSORPTION FOR OFFICE AND LOW INDUSTRIAL VACANCY IN ORANGE COUNTY Q1 MARKET REPORTS Orange County,

More information

JHSF at a Glance. Leadership Across all Business Segments. Real Estate Development. Real Estate Development. Shopping Malls and Office Rentals

JHSF at a Glance. Leadership Across all Business Segments. Real Estate Development. Real Estate Development. Shopping Malls and Office Rentals Disclaimer This material is a presentation of general background information about JHSF Participações S.A. ( JHSF") as of the date of this presentation. Information contained herein has been summarized

More information

GREATER TORONTO AREA LAND REPORT

GREATER TORONTO AREA LAND REPORT Research & Forecast Report GREATER TORONTO AREA LAND REPORT Fall 05 GTA Overview Market Overview In 05, the Greater Toronto Area (GTA) continues to experience a healthy volume of transactions from 04 and

More information

ING OFFICE FUND Acquisition of Bastion Tower, Brussels and Institutional Placement of $70.0m

ING OFFICE FUND Acquisition of Bastion Tower, Brussels and Institutional Placement of $70.0m ING OFFICE FUND Acquisition of Bastion Tower, Brussels and Institutional Placement of $70.0m 1 November 2007 0 DISCLAIMER NOT FOR DISTRIBUTION OR RELEASE IN THE UNITES STATES OR TO U.S. PERSONS This presentation

More information

Unaudited Results of Keppel REIT for the Third Quarter and Nine Months Ended 30 September 2013

Unaudited Results of Keppel REIT for the Third Quarter and Nine Months Ended 30 September 2013 MEDIA RELEASE Unaudited Results of Keppel REIT for the Third Quarter and Nine Months Ended 30 September 2013 14 October 2013 The Directors of Keppel REIT Management Limited, as manager of Keppel REIT,

More information

Asset Management. Enter >

Asset Management. Enter > Your Assets - Our Know-How communication, response, control, direction, organisation Enter > Asset Management Who we are & what we do communication, response, control, maximisation, direction, organisation,

More information

Yusen Logistics do Brazil. Supply Chain Solutions

Yusen Logistics do Brazil. Supply Chain Solutions Yusen Logistics do Brazil Supply Chain Solutions Yusen Logistics Group NYK Yusen Logistics is an NYK Group company (founded in Tokyo in 1885), which acts in the management of the flow of goods, services

More information

CPI PROPERTY GROUP continues in successful business operations, expansion plans and refinancing of existing projects

CPI PROPERTY GROUP continues in successful business operations, expansion plans and refinancing of existing projects CPI PROPERTY GROUP continues in successful business operations, expansion plans and refinancing of existing projects Corporate highlights Annual General Meeting of 28 May 2015 The Annual General Meeting

More information

WHERE INFRASTRUCTURE DELIVERS OPPORTUNITY 41 AVENUE SW & EWING TRAIL, EDMONTON, AB

WHERE INFRASTRUCTURE DELIVERS OPPORTUNITY 41 AVENUE SW & EWING TRAIL, EDMONTON, AB WHERE INFRASTRUCTURE DELIVERS OPPORTUNITY 41 AVENUE SW & EWING TRAIL, EDMONTON, AB EWING TRAIL QE II HIGHWAY NORTHBOUND (GATEWAY BOULEVARD) QE II HIGHWAY SOUTHBOUND (CALGARY TRAIL) 41 AVENUE SW SOUTHPORT

More information

GP in the real estate market

GP in the real estate market GP in the real estate market GP Investments unique accumulated experience in different segments of the real estate industry gives the Company an important competitive advantage for capturing new opportunities

More information

Economic Impact and Development Analysis. Proposed Sports Entertainment District

Economic Impact and Development Analysis. Proposed Sports Entertainment District THE LONDON GROUP Economic Impact and Development Analysis Proposed Sports Entertainment District Prepared For: The City of Escondido November 2010 The London Group 2010 Report Prepared by: Gary H. London,

More information

COMPANY CONTACTS: Jay S. Hennick Founder & CEO. D. Scott Patterson President & COO (416) 960-9500

COMPANY CONTACTS: Jay S. Hennick Founder & CEO. D. Scott Patterson President & COO (416) 960-9500 COMPANY CONTACTS: Jay S. Hennick Founder & CEO D. Scott Patterson President & COO John B. Friedrichsen Senior Vice President & CFO (416) 960-9500 FOR IMMEDIATE RELEASE FirstService Reports Record Fourth

More information

CONFERENCE CALL TRANSCRIPT EZTEC (EZTC3 BZ) August 13 th, 2013

CONFERENCE CALL TRANSCRIPT EZTEC (EZTC3 BZ) August 13 th, 2013 CONFERENCE CALL TRANSCRIPT EZTEC (EZTC3 BZ) August 13 th, 2013 Good morning, ladies and gentlemen. At this time we would like to welcome everyone to EZTEC s 2Q13 results conference call. Note that this

More information

Over the past decade, Brazil has emerged as one of the World s Largest Economies

Over the past decade, Brazil has emerged as one of the World s Largest Economies BRAZIL Over the past decade, Brazil has emerged as one of the World s Largest Economies Ranking by total GDP Country US$ in billions (2012) 1. United States $16,244.60 2. China $8,358.40 3. Japan $5,960.18

More information

Sublease Space Thwarts a Good Quarter

Sublease Space Thwarts a Good Quarter Research & Forecast Report RENO INDUSTRIAL Q3 Sublease Space Thwarts a Good Quarter > > Overall vacancy rate rose to 10.95% (without sublease space 8.16%) > > New construction completions totaled 626,000

More information

Supplemental Information Fourth Quarter 2010 Earnings Call

Supplemental Information Fourth Quarter 2010 Earnings Call Supplemental Information Fourth Quarter 2010 Earnings Call Market & Financial Overview Capital Values Q4 2009 Q4 2010 London Shanghai Beijing, Hong Kong Moscow Washington DC New York, Paris, San Francisco

More information

Briefing Office sector November 2014

Briefing Office sector November 2014 Savills World Research Beijing Briefing Office sector November 2014 SUMMARY Image: CBD area, Chaoyang district City-wide vacancy rates hovered at the lowest level in China despite the market receiving

More information

Credit Suisse II Brazil Construction & Mortgage Field Trip. August 30th, 2007 SÃO PAULO

Credit Suisse II Brazil Construction & Mortgage Field Trip. August 30th, 2007 SÃO PAULO Credit Suisse II Brazil Construction & Mortgage Field Trip August 30th, 2007 SÃO PAULO Speakers Cesar Parizotto CEO Marco Parizotto Commercial Vice-president Ricardo Perpetuo CFO and IRO 2 Agenda Chapter

More information

Oracle s Primavera Unifier Facilities and Real Estate Management

Oracle s Primavera Unifier Facilities and Real Estate Management Oracle s Primavera Unifier Facilities and Real Estate Management Oracle s Estate Management is a cloudbased, as well as on-premise powerful and easy-to-use solution for managing your properties and facilities.

More information

Compensation Survey Presidents and Executive Officers Brazil 2014

Compensation Survey Presidents and Executive Officers Brazil 2014 Compensation Survey Presidents and Executive Officers Brazil 2014 1 Index Presentation Methodology Highlights Benefits Other Benefits Classification of Hire D&O Insurance President Finance Director Commercial

More information

CBRE GROUP INC. Headquartered in Los Angeles, CBRE Group, Inc. is the world s largest commercial real estate services firm. We are a Fortune 500 and

CBRE GROUP INC. Headquartered in Los Angeles, CBRE Group, Inc. is the world s largest commercial real estate services firm. We are a Fortune 500 and Singapore SERVICES 2012 CBRE, Inc. Information herein is based on third party sources we believe reliable and we do not assure its accuracy or completeness. Offerings are subject to price changes, rental,

More information

Spring REIT Launches Initial Public Offering Offer Price between HK$3.81 and HK$4.03 per Unit Raising up to approximately HK$1.

Spring REIT Launches Initial Public Offering Offer Price between HK$3.81 and HK$4.03 per Unit Raising up to approximately HK$1. This press release is for information purposes only and does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any

More information

4Q 15. Industrial Market Report

4Q 15. Industrial Market Report 4Q 15 Industrial Market Report ST. LOUIS, MO The Market Multiple indicators point towards 2016 as a year of continued construction for the St. Louis Industrial Market. The 2.3 million square feet of new

More information

A thorough understanding of both local and international real estate markets is the key to reliable insight.

A thorough understanding of both local and international real estate markets is the key to reliable insight. A thorough understanding of both local and international real estate markets is the key to reliable insight. TM OUR GLOBAL NETWORK Street Smart. World Wise.TM The leading multidisciplinary provider of

More information

BANK BRADESCO FORM 6-K/A. (Amended Report of Foreign Issuer) Filed 07/18/13 for the Period Ending 09/30/13

BANK BRADESCO FORM 6-K/A. (Amended Report of Foreign Issuer) Filed 07/18/13 for the Period Ending 09/30/13 BANK BRADESCO FORM 6-K/A (Amended Report of Foreign Issuer) Filed 07/18/13 for the Period Ending 09/30/13 CIK 0001160330 Symbol BBD SIC Code 6022 - State Commercial Banks Industry Regional Banks Sector

More information

Latvia Hotel Market Overview

Latvia Hotel Market Overview Research & Forecast Report Latvia 2016 Latvia Hotel Market Overview Annual Review Accelerating success. Hotel Market General Overview > > During the first three quarters of 2015, the number of visitors

More information

Brazil. PAC s Investment Opportunities ROBERTO GARIBE. Special Advisor

Brazil. PAC s Investment Opportunities ROBERTO GARIBE. Special Advisor Brazil PAC s Investment Opportunities ROBERTO GARIBE Special Advisor Staff House of the Presidency of the Republic PAC S INVESTMENTS PAC Growth Acceleration Program In 2007 PAC 1 To accelerate the pace

More information

Office Rents map EUROPE, MIDDLE EAST AND AFRICA. Accelerating success.

Office Rents map EUROPE, MIDDLE EAST AND AFRICA. Accelerating success. Office Rents map EUROPE, MIDDLE EAST AND AFRICA Accelerating success. FINLAND EMEA Office Rents H2 212 NORWAY Oslo 38.3 5.4% 7.% 295, SWEDEN Stockholm 44.7 4.5% 3.% 5, Tallinn 13.4 44,2 21. 5.25% 1.% 12,

More information

BUSINESS BRIEFING SELF STORAGE

BUSINESS BRIEFING SELF STORAGE BUSINESS BRIEFING VALUATION & ADVISORY A Cushman & Wakefield Valuation & Advisory Publication JANUARY 2015 SOLID YEAR AHEAD IN As we enter 2015, investors always ask about market expectations for the New

More information

Porto Seguro S.A. March 2007

Porto Seguro S.A. March 2007 Porto Seguro S.A. March 2007 Porto Seguro Highlights Porto Seguro Highlights Beginning of activities Largest insurance group in Brazil Leader in auto insurance R$ billion Written Premiums in 2006 Direct

More information

PREVIEW OF OPERATIONAL RESULTS 3Q16

PREVIEW OF OPERATIONAL RESULTS 3Q16 PREVIEW OF 3Q16 Consolidated launches totaled R$736.4 million, with gross sales reaching R$683.1 million. Net sales were R$497.0 million in 3Q16, totaling R$1.4 billion in the 9M16. FOR IMMEDIATE RELEASE

More information

Doha Airport / City Centre. Increase in tourist arrivals and opening of new hotels expected to keep the market growth in line with 2014 performance.

Doha Airport / City Centre. Increase in tourist arrivals and opening of new hotels expected to keep the market growth in line with 2014 performance. MENA Hotels August 2015 MENA HOTEL FORECASTS 3-Month Rolling Forecast Highlights Aug Oct 2015 YoY RevPAR Variance % Doha Airport / City Centre Increase in tourist arrivals and opening of new hotels expected

More information

YANGON (MYANMAR) PROPERTY MARKET REPORT

YANGON (MYANMAR) PROPERTY MARKET REPORT 1ST HALF 2012 PROPERTY MARKET YANGON (MYANMAR) PROPERTY MARKET REPORT BrieF MYANMAR OVERVIEW Economy Myanmar in comparison with Cambodia and Laos Source: CIA Fact book and Colliers International Thailand

More information

So, now I would like to pass the floor to Mr. Carlos Medeiros. Mr. Carlos, you have the floor.

So, now I would like to pass the floor to Mr. Carlos Medeiros. Mr. Carlos, you have the floor. Operator: Good Morning. Welcome to conference call on the results of the 1Q07. Today we have here with us Mr. Carlos Medeiros, CEO, and Mr. Leandro Bousquet, CFO and IR Officer. We inform you that the

More information

DUBAI SPA BENCHMARK REPORT 2015 HALF YEAR REVIEW. Market Highlights m 2. 14m 2. 18m 2 20% 29% MENA Hotels INTRODUCTION

DUBAI SPA BENCHMARK REPORT 2015 HALF YEAR REVIEW. Market Highlights m 2. 14m 2. 18m 2 20% 29% MENA Hotels INTRODUCTION % of available room hours utilised MENA Hotels DUBAI SPA BENCHMARK REPORT 2015 HALF YEAR REVIEW Market Highlights SPA TYPOLOGY AND CHARACTERISTICS INTRODUCTION The Dubai Spa benchmark report focuses on

More information

Analyzing Global Business Process Outsourcing Locations: US, Latin America, South/Southeast Asia

Analyzing Global Business Process Outsourcing Locations: US, Latin America, South/Southeast Asia Accelerating success. Colliers Strategy & Innovation Insights THIRD QUARTER 2015 Analyzing Global Business Process Outsourcing Locations: US, Latin America, South/Southeast Asia Colliers Strategy & Innovation

More information

Brazilian Mission to Denmark. Brazil s Port Sector. Fernando Antonio Brito Fialho National Agency for Waterway Transportation Director-General

Brazilian Mission to Denmark. Brazil s Port Sector. Fernando Antonio Brito Fialho National Agency for Waterway Transportation Director-General Brazilian Mission to Denmark Brazil s Port Sector Fernando Antonio Brito Fialho National Agency for Waterway Transportation Director-General Denmark, January 28th, 2009 Rio de Janeiro Sao Paulo Iguassu

More information

H 2 O. 2012 Water Benchmarking Pilot Report. Performance of the Canadian Office Sector PREPARED BY

H 2 O. 2012 Water Benchmarking Pilot Report. Performance of the Canadian Office Sector PREPARED BY 2012 Water Benchmarking Pilot Report Performance of the Canadian Office Sector H 2 O PREPARED BY About REALpac The Real Property Associatin of Canada (REALpac) is Canada s premier industry association

More information

BRASIL BROKERS RESULTS 3 rd Quarter 2011 BRASIL BROKERS RESULTS

BRASIL BROKERS RESULTS 3 rd Quarter 2011 BRASIL BROKERS RESULTS 1 This presentation does not constitute an offer, or invitation, or solicitation of an offer to subscribe for or purchase This presentation any securities does neither not constitute does this an presentation

More information

MICHAEL PAGE TAXATION

MICHAEL PAGE TAXATION MICHAEL PAGE TAXATION A VIEW ON COMPENSATION IN 2013 MESSAGE FROM OUR CEO Welcome to our 2013 Salary Guide. We are proud to provide the latest in salary information for each of the disciplines we cover

More information

PROPERTY COUNTRY REPORT : VIET NAM

PROPERTY COUNTRY REPORT : VIET NAM PROPERTY COUNTRY REPORT : VIET NAM 1 CONTENT Vietnam economic outlook Overview of Real estate market in Vietnam - Office - Retail - Residential 2 Vietnam economic outllook GDP, CPI, FDI & inventory of

More information

ORACLE PROPERTY MANAGER

ORACLE PROPERTY MANAGER ORACLE PROPERTY MANAGER Oracle Property Manager streamlines and automates lease administration and space management, enabling you to more KEY FEATURES DEFINE AND MANAGE PROPERTIES AND SPACE Record and

More information

Supplemental Information Earnings Call First-Quarter 2015

Supplemental Information Earnings Call First-Quarter 2015 Supplemental Information Earnings Call First-Quarter 2015 Q1 2015 Market Volume & FY Outlook JLL Research Investment volumes remain strong; outlook unchanged in local currency Market Volumes Capital Markets

More information

Office Investment Opportunity. (Tenant Not Affected) Building 5100 Cork Airport Business Park

Office Investment Opportunity. (Tenant Not Affected) Building 5100 Cork Airport Business Park Office Investment Opportunity (Tenant Not Affected) Building 5100 Cork Airport Business Park Executive Summary Exceptional office investment opportunity. Located in one of Ireland s premier business parks,

More information

Financial and Operational Results September 30 th, 2016

Financial and Operational Results September 30 th, 2016 Financial and Operational Results September 30 th, 2016 Disclaimer This presentation contains estimates and forward-looking statements regarding our strategy and opportunities for future growth. Such information

More information

São Paulo, your business platform for Oil & Gas in Brazil

São Paulo, your business platform for Oil & Gas in Brazil São Paulo, your business platform for Oil & Gas in Brazil Brazil, a new worldwide power emerges The Brazilian oil & natural gas (O&G) industry growing production makes its importance to be increasingly

More information

LOCAMERICA USED CARS REVENUE

LOCAMERICA USED CARS REVENUE LOCAMERICA Locamerica is a company that specializes in customized car rental fleets for business. Our car rental company has been in the market since 13. Now we occupy the second place in the Brazilian

More information

Conference Call Transcript 3Q07 Results November 13 th, 2007

Conference Call Transcript 3Q07 Results November 13 th, 2007 Good afternoon, welcome everyone to TECNISA 3Q07 earnings conference call. Today with us we have Mr. Meyer Joseph Nigri, CEO, and Mr. Leonardo Paranaguá, CFO and Investor Relations Officer. Today s live

More information

SulAmérica. UBS Global Healthcare Services Conference February 11-13, 2008 New York

SulAmérica. UBS Global Healthcare Services Conference February 11-13, 2008 New York SulAmérica UBS Global Healthcare Services Conference February 11-13, 2008 New York Disclaimer The material that follows is a presentation of general background information about Sul América S.A. ( SulAmérica

More information

Supplemental Information Fourth-Quarter 2013 Earnings Call

Supplemental Information Fourth-Quarter 2013 Earnings Call Supplemental Information Fourth-Quarter 2013 Earnings Call Market & Financial Overview 2013 Q4 and FY Capital Markets & Leasing Markets Volumes 2013 Investment Volume Strength Continued Q4 2013 v. Q4 2012

More information

Q2 2015. Dubai Real Estate Market Overview

Q2 2015. Dubai Real Estate Market Overview Q2 2015 Dubai Real Estate Market Overview Dubai Market Summary Dubai s real estate market saw little change in the second quarter, with the slowdown in performance across all asset classes continuing,

More information

MENA HOTEL FORECASTS. 3-Month Rolling Forecast Highlights Feb Apr 2015 YoY RevPAR Variance % MENA Hotels February Fujairah. Makkah.

MENA HOTEL FORECASTS. 3-Month Rolling Forecast Highlights Feb Apr 2015 YoY RevPAR Variance % MENA Hotels February Fujairah. Makkah. MENA Hotels February 2015 MENA HOTEL FORECASTS 3-Month Rolling Forecast Highlights Feb Apr 2015 YoY RevPAR Variance % Makkah Next three months to see stable Umrah demand, although with visa restrictions

More information