With a population of 12 million, São Paulo is the most populous city of Brazil and in the Southern Hemisphere.
São Paulo has the largest GDP in Latin America and the 10th largest in the world. It is also home to 63 percent of Brazil’s established multinational corporations, exerting a strong international influence.
The city has nine main highways that connect its population and industries to other cities in the state, the Port of Santos (85 kilometers) and other states, such as Rio de Janeiro and Minas Gerais.
With the largest consumer market in Brazil and the biggest GDP per capita, São Paulo has all the drivers that create demand for logistics and industrial properties. The state represents 33.5 percent of Brazil’s gross value added production in industry, amounting to around US$157 billion, and purchases 39.5 percent of the imported goods manufactured outside the country.
Because of the size of its consumer market and the population’s socioeconomic status, São Paulo is the largest logistics market in Brazil, measured by existing property stock.
Prologis operates numerous industrial properties and warehouses in the São Paulo region, all of which are located close to the city and with easy access to major highways.