Brazil

Markets

Rio de Janeiro

Rio de Janeiro has a population of 6.45 million and the broader metropolitan area has a population of about 12 million, making it the sixth-largest city in the Americas by population. The city’s GDP is $225 billion and per capita income is $19,000. A vibrant, densely populated city, Rio de Janeiro’s economy is driven by tourism, services and trade. In the past decade, the economy of Rio de Janeiro state has more than doubled in size.

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São Paulo

São Paulo

São Paulo is both one of the largest cities in the world, as well as the largest economic and industrial hub in the Southern Hemisphere. Greater São Paulo has a population of 30 million, a GDP of $625 billion and an income per capita of $21,000.

The state of São Paulo is the world’s 19th-largest economy. Within Brazil, São Paulo is a dominant economic force. It is home to the country’s largest port, the Port of Santos, as well as its most important airport. As a result, it is a significant global, national and regional hub for distribution and logistics.

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Prologis in Brazil

Prologis is a leading owner, operator and developer of high-quality logistics real estate in Brazil with prime locations in São Paulo and Rio De Janeiro, Brazil’s most important markets for consumption and distribution, plus a portfolio of well-located, developable land.

Prologis originally entered the Brazil market through a joint venture with Cyrela Commercial Properties (CCP), one of Brazil’s leading commercial property developers. On August 16, 2017, Prologis acquired CCP’s share of the joint venture’s Brazil portfolio.

10 Million Square Feet of Industrial Real Estate Space
28 Logistics Real Estate Buildings
12 Logistics Real Estate Buildings Under Construction

Data as of September 30, 2020, for assets the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects.