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: 25-Oct-2010

* 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 45.00	BRL 50.00	BRL 47.50	$ 29.86	$ 33.18	$ 28.27	5.0%	9.0%
Class A (Prime)	BRL 35.00	BRL 40.00	BRL 37.50	$ 23.23	$ 26.54	$ 22.32	5.0%	9.0%
Class B (Secondary)	BRL 25.00	BRL 30.00	BRL 27.50	$ 16.59	$ 19.91	$ 16.37	5.5%	9.0%

Suburban Office
New Construction (AAA)	BRL 25.00	BRL 30.00	BRL 27.50	$ 16.59	$ 19.91	$ 16.37	5.0%	9.0%
Class A (Prime)	BRL 20.00	BRL 20.00	BRL 20.00	$ 13.27	$ 13.27	$ 11.90	4.5%	9.0%
Class B (Secondary)	BRL 20.00	BRL 20.00	BRL 20.00	$ 13.27	$ 13.27	$ 11.90	5.0%	9.0%

Industrial
Bulk Warehouse	BRL 10.00	BRL 25.00	BRL 17.50	$ 6.64	$ 16.59	$ 10.42	5.0%	10.0%
Manufacturing	BRL 10.00	BRL 25.00	BRL 17.50	$ 6.64	$ 16.59	$ 10.42	4.5%	10.0%
High Tech / R&D	BRL 10.00	BRL 25.00	BRL 17.50	$ 6.64	$ 16.59	$ 10.42	4.5%	10.0%

Retail
Downtown	BRL 50.00	BRL 70.00	BRL 60.00	$ 33.18	$ 46.45	$ 35.71	5.0%	11.0%
Neigborhood Service Centers	BRL 40.00	BRL 60.00	BRL 50.00	$ 26.54	$ 39.82	$ 29.76	5.0%	11.0%
Community Power Center	BRL 20.00	BRL 30.00	BRL 25.00	$ 13.27	$ 19.91	$ 14.88	4.5%	11.0%
Regional Malls	BRL 20.00	BRL 30.00	BRL 25.00	$ 13.27	$ 19.91	$ 14.88	4.5%	11.0%

Development Land	Low/ M2	High/ M2	Low/Acre	High/Acre
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 1.68BRL = 1 US$

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