Market Report -- Curitiba, Brazil

Market Research

Properties

Curitiba, Brazil

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Commercial Properties Brazil
Last Updated: 23-Oct-2009

* Click on each category for a detailed definition.

	RENT/M2/MONTH			RENT/SF/YEAR
	Low	High	Effective Avg.	Low	High	Effective Avg.	Vacancy	Investment Yield
Downtown Office
New Construction (AAA)	BRL 15.00	BRL 23.00	BRL 228.00	$ 9.72	$ 14.91	$ 132.56	5.0%	N/A
Class A (Prime)	BRL 9.00	BRL 15.00	BRL 144.00	$ 5.83	$ 9.72	$ 83.72	5.5%	N/A
Class B (Secondary)	BRL 7.00	BRL 10.00	BRL 102.00	$ 4.54	$ 6.48	$ 59.30	6.0%	N/A

Suburban Office
New Construction (AAA)	BRL 11.00	BRL 18.00	BRL 174.00	$ 7.13	$ 11.67	$ 101.16	5.0%	N/A
Class A (Prime)	BRL 10.00	BRL 13.00	BRL 138.00	$ 6.48	$ 8.43	$ 80.23	4.5%	N/A
Class B (Secondary)	BRL 9.00	BRL 10.00	BRL 114.00	$ 5.83	$ 6.48	$ 66.28	5.0%	N/A

Industrial
Bulk Warehouse	BRL 10.00	BRL 16.00	BRL 156.00	$ 6.48	$ 10.37	$ 90.70	4.5%	N/A
Manufacturing	BRL 3.00	BRL 10.00	BRL 78.00	$ 1.94	$ 6.48	$ 45.35	4.5%	N/A
High Tech / R&D	BRL 6.00	BRL 12.00	BRL 108.00	$ 3.89	$ 7.78	$ 62.79	5.0%	N/A

Retail
Downtown	BRL 10.00	BRL 18.00	BRL 168.00	$ 6.48	$ 11.67	$ 97.67	4.5%	N/A
Neigborhood Service Centers	BRL 6.00	BRL 11.00	BRL 102.00	$ 3.89	$ 7.13	$ 59.30	5.0%	N/A
Community Power Center	BRL 7.00	BRL 11.00	BRL 108.00	$ 4.54	$ 7.13	$ 62.79	4.5%	N/A
Regional Malls	BRL 10.00	BRL 14.00	BRL 144.00	$ 6.48	$ 9.07	$ 83.72	3.0%	N/A

Development Land	Low/ M2	High/ M2	Low/ M2	High/ M2
Office in CBD	N/A	N/A	N/A	N/A
Land in Office Parks	N/A	N/A	N/A	N/A
Land in Industrial Parks	N/A	N/A	N/A	N/A
Office/Industrial Land - Non-park	N/A	N/A	N/A	N/A
Retail/Commercial Land	N/A	N/A	N/A	N/A
Residential	N/A	N/A	N/A	N/A

Conversion 1.72BRL = 1 US$

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