Vacancy rate of office real estate Rio de Janeiro, Brazil 2023, by market
Cidade Nova had the highest vacancy rate for office real estate among all the districts in Rio de Janeiro, Brazil in 2023. The vacancy rate in Cidade Nova was more than 61 percent in the third quarter of the year. In contrast, the district of Zona Sul had the lowest vacancy rate for office spaces at 15.6 percent - twice lower than the average for class A offices in the central business district of the city.