Cushman & Wakefield Ltd. · NYSE:CWK
Cushman & Wakefield — Microsoft PowerPoint - SouthAmerica Industrial MarketBeat...
5 slides from Cushman & Wakefield's investor presentation, Oct 24, 2024
Slide 1: South America Industrial H2 2023 Regional Market Overview
M A R K E T B E AT SOUTH AMERICA Industrial H2 2023 GDP Unemployment Inflation LOGISTICS REGIONAL MARKET OVERVIEW Var (%) Rate (%) Index (%) During 2023 a general increase in absorption is observed, almost 50% of all this demand is concentrated in the city of Sao Paulo. A major change from the previ
Slide 2: Regional Logistic Market
M A R K E T B E AT SOUTH AMERICA Industrial H2 2023 REGIONAL LOGISTIC MARKET Inventory growth reached an average figure of 10% by 2023. The cities of Bogotá and Santiago lead this BOGOTÁ growth with an average of 14%, increasingly approaching the inventory of Buenos Aires and Rio de Janeiro 8.0 Mi.
Slide 3: Pricing: Asking Rent and Industrial Cap Rates
M A R K E T B E AT SOUTH AMERICA Industrial H2 2023 PRICING ASKING RENT USD/SQM H2 2023 At the end of this semester, the average asking rent in South American cities was 6.13 USD/sq.m., 18% higher 15.0% than in 2022 (5.18 USD/sq.m.). Bogotá and Buenos Aires increased this indicator significantly bet
Slide 4: Supply and Demand
M A R K E T B E AT SOUTH AMERICA Industrial H2 2023 Asking rent (USD/sqm/Month) vs vacancy (%) (*) – H2 SUPPLY AND DEMAND 2023 The average vacancy rate in South America is approximately 8% with an average rental price of USD 9.0 6.13 per sq.m. 8.0 In 2023, the Net absorption of warehouse spaces was
Slide 5: Market Statistics H2 2023
M A R K E T B E AT SOUTH AMERICA Industrial H2 2023 MARKET STATISTICS H2 2023 Classs A Available Asking Rent Net Absortion Submarket Inventory Vacancy Rate Under Construction (sqm) Surface (sqm) (USD/sqm/Month) YTD (sqm) (sqm) Sao Paulo 4,419,764 374,308 8.50% 5.85 558,473 461,300 Buenos Aires 2,659
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