Vacancy has declined for three consecutive years while absorptions have increased – 1Q 2026

The corporate market in Rio de Janeiro maintained its positive trajectory in the first quarter, reaching the lowest vacancy rate in the last 11 years, now at 25.6%. This movement reflects a consistent absorption dynamic throughout the past year, with a trend toward continuity in the coming quarters. Currently, the available area totals 477,951 sqm, representing a reduction of approximately 69,000 sqm compared to the same period last year.

Centro led demand, with 12,000 sqm of net absorption and seven of the ten largest transactions of the quarter. The movement was driven by new occupations, notably Nubank (6,900 sqm), in addition to DETRO - Department of Road Transport of the State of Rio de Janeiro and Wilson Sons. In total, approximately 31,000 sqm were absorbed during the period.