{
  "schema": "e2m-sao-paulo-office-cost-index/1.0",
  "version": "2026-Q2+flex-2026-09-23",
  "publisher": "E2M Research — E2M & Associates",
  "url": "https://e2massociates.com/sao-paulo-office-cost-index/",
  "updated": "2026-09-23",
  "refresh_cadence": "quarterly",
  "next_refresh_rule": "Revalidate after each new São Paulo office-market quarter and recheck flexible-workspace provider pages at the same time.",
  "base_index": {
    "name": "São Paulo Class A/A+ average asking rent",
    "value": 148.25,
    "unit": "BRL/m²/month",
    "index": 100,
    "period": "2026-Q2",
    "source_id": "CW_SP_Q2_2026"
  },
  "scope_note": "Traditional-office figures are Class A/A+ asking rents and vacancy, not total occupancy cost. Flexible-workspace rows are provider-published starting prices, not market averages. Condomínio, IPTU, fit-out, furniture, utilities, taxes/fees, incentives and negotiation are excluded unless the provider explicitly bundles them.",
  "submarkets": [
    {
      "id": "faria-lima",
      "name": "Faria Lima",
      "rent": 293.08,
      "vacancy": 8.97,
      "tag": "Finance / premium client-facing",
      "source": "CW_SP_Q2_2026",
      "index": 198,
      "rent_100sqm": 29308.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "jk",
      "name": "JK",
      "rent": 281.54,
      "vacancy": 4.06,
      "tag": "Premium corporate / headquarters",
      "source": "CW_SP_Q2_2026",
      "index": 190,
      "rent_100sqm": 28154.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "pinheiros",
      "name": "Pinheiros",
      "rent": 267.61,
      "vacancy": 6.61,
      "tag": "Tech / creative / urban",
      "source": "CW_SP_Q2_2026",
      "index": 181,
      "rent_100sqm": 26761.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "itaim",
      "name": "Itaim",
      "rent": 250.0,
      "vacancy": 1.12,
      "tag": "Executive / client-facing",
      "source": "CW_SP_Q2_2026",
      "index": 169,
      "rent_100sqm": 25000.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "vila-olimpia",
      "name": "Vila Olímpia",
      "rent": 194.8,
      "vacancy": 22.1,
      "tag": "Corporate / tech balance",
      "source": "CW_SP_Q2_2026",
      "index": 131,
      "rent_100sqm": 19480.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "paulista",
      "name": "Paulista",
      "rent": 140.0,
      "vacancy": 2.83,
      "tag": "Transit-rich traditional CBD",
      "source": "CW_SP_Q2_2026",
      "index": 94,
      "rent_100sqm": 14000.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "chucri-zaidan",
      "name": "Chucri Zaidan",
      "rent": 105.97,
      "vacancy": 12.25,
      "tag": "Large-floorplate / value corridor",
      "source": "CW_SP_Q2_2026",
      "index": 71,
      "rent_100sqm": 10597.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "berrini-brooklin",
      "name": "Berrini / Brooklin",
      "rent": 105.37,
      "vacancy": 9.39,
      "tag": "Corporate value / south-west corridor",
      "source": "CW_SP_Q2_2026",
      "index": 71,
      "rent_100sqm": 10537.0,
      "evidence": "B · Independent market benchmark"
    },
    {
      "id": "chacara-santo-antonio",
      "name": "Chácara Santo Antônio",
      "rent": 75.75,
      "vacancy": 22.68,
      "tag": "Value / large-space alternative",
      "source": "CW_SP_Q2_2026",
      "index": 51,
      "rent_100sqm": 7575.0,
      "evidence": "B · Independent market benchmark"
    }
  ],
  "flexible_workspace_snapshots": [
    {
      "id": "wework-faria-4055",
      "provider": "WeWork",
      "location": "Faria Lima 4055",
      "district": "Faria Lima / Itaim",
      "product": "Private office",
      "capacity": "1 person",
      "price": 3890,
      "unit": "BRL/month",
      "per_seat": 3890,
      "term": "12-month published promotional basis",
      "source_id": "WEWORK_FARIA_4055_2026",
      "source_url": "https://www.wework.com/pt-BR/buildings/faria-lima-4055--sao-paulo"
    },
    {
      "id": "wework-pequetita-111",
      "provider": "WeWork",
      "location": "Pequetita 111",
      "district": "Vila Olímpia",
      "product": "Private office",
      "capacity": "2 people",
      "price": 3180,
      "unit": "BRL/month",
      "per_seat": 1590,
      "term": "12-month published promotional basis",
      "source_id": "WEWORK_PEQUETITA_111_2026",
      "source_url": "https://www.wework.com/pt-BR/buildings/pequetita-111--sao-paulo"
    },
    {
      "id": "wework-paulista-1374",
      "provider": "WeWork",
      "location": "Paulista 1374",
      "district": "Paulista",
      "product": "Private office",
      "capacity": "2 people",
      "price": 4270,
      "unit": "BRL/month",
      "per_seat": 2135,
      "term": "12-month published promotional basis",
      "source_id": "WEWORK_PAULISTA_1374_2026",
      "source_url": "https://www.wework.com/pt-BR/buildings/paulista-1374--sao-paulo"
    },
    {
      "id": "wework-nacoes-14261",
      "provider": "WeWork",
      "location": "Nações Unidas 14261 — Torre A",
      "district": "Berrini / Brooklin corridor",
      "product": "Private office",
      "capacity": "2 people",
      "price": 2530,
      "unit": "BRL/month",
      "per_seat": 1265,
      "term": "12-month published promotional basis",
      "source_id": "WEWORK_SP_OFFICE_2026",
      "source_url": "https://www.wework.com/pt-BR/l/office-space/sao-paulo"
    },
    {
      "id": "wework-nacoes-12901",
      "provider": "WeWork",
      "location": "Nações Unidas 12901",
      "district": "Berrini / Brooklin corridor",
      "product": "Private office",
      "capacity": "1 person",
      "price": 1550,
      "unit": "BRL/month",
      "per_seat": 1550,
      "term": "12-month published promotional basis",
      "source_id": "WEWORK_SP_OFFICE_2026",
      "source_url": "https://www.wework.com/pt-BR/l/office-space/sao-paulo"
    },
    {
      "id": "wework-coworking",
      "provider": "WeWork",
      "location": "São Paulo network",
      "district": "Multiple",
      "product": "Coworking membership",
      "capacity": "1 user",
      "price": 1003,
      "unit": "BRL/month",
      "per_seat": 1003,
      "term": "12-month published promotional basis",
      "source_id": "WEWORK_SP_COWORK_2026",
      "source_url": "https://www.wework.com/pt-BR/l/coworking-space/sao-paulo"
    },
    {
      "id": "wework-day-pass",
      "provider": "WeWork",
      "location": "São Paulo network",
      "district": "Multiple",
      "product": "Day pass",
      "capacity": "1 user",
      "price": 214,
      "unit": "BRL/day",
      "per_seat": null,
      "term": "On-demand published starting price",
      "source_id": "WEWORK_SP_COWORK_2026",
      "source_url": "https://www.wework.com/pt-BR/l/coworking-space/sao-paulo"
    },
    {
      "id": "spaces-faria-3729-office",
      "provider": "Spaces",
      "location": "Faria Lima 3729",
      "district": "Faria Lima",
      "product": "Private office",
      "capacity": "Per person",
      "price": 71,
      "unit": "BRL/person/day",
      "per_seat": null,
      "term": "Published starting price",
      "source_id": "SPACES_FARIA_3729_2026",
      "source_url": "https://www.spacesworks.com/es/br/295"
    },
    {
      "id": "spaces-faria-3729-cowork",
      "provider": "Spaces",
      "location": "Faria Lima 3729",
      "district": "Faria Lima",
      "product": "Coworking day pass",
      "capacity": "1 user",
      "price": 339,
      "unit": "BRL/day",
      "per_seat": null,
      "term": "Published starting price",
      "source_id": "SPACES_FARIA_3729_2026",
      "source_url": "https://www.spacesworks.com/es/br/295"
    }
  ],
  "workspace_models": [
    {
      "model": "Traditional lease",
      "cost_basis": "BRL/m²/month asking rent",
      "best_for": "Teams that value control, branding and scale economics",
      "tradeoffs": "Longer commitment; fit-out, furniture, condomínio, IPTU, utilities and exit risk sit outside headline rent."
    },
    {
      "model": "Serviced / flexible private office",
      "cost_basis": "Published suite / seat price or live quote",
      "best_for": "Teams needing dedicated space quickly with bundled operations",
      "tradeoffs": "Higher unit cost and less customization; published prices vary by capacity, term and promotions."
    },
    {
      "model": "Coworking membership",
      "cost_basis": "Membership / day-pass price",
      "best_for": "Individuals and very small teams testing the market",
      "tradeoffs": "Shared environment, privacy/meeting-room constraints and weaker dedicated-brand presence."
    }
  ],
  "sources": [
    "CW_SP_Q2_2026",
    "JLL_SP_Q2_2026",
    "JLL_PAULISTA_2026",
    "WEWORK_FARIA_4055_2026",
    "WEWORK_PEQUETITA_111_2026",
    "WEWORK_PAULISTA_1374_2026",
    "WEWORK_SP_OFFICE_2026",
    "WEWORK_SP_COWORK_2026",
    "SPACES_FARIA_3729_2026"
  ],
  "methodology_url": "https://e2massociates.com/research/methodology/",
  "evidence_policy": "Market rents = Tier B independent benchmark. Flexible-workspace prices = Tier C provider-published snapshots. Index values are transparent E2M calculations relative to the São Paulo Q2 2026 Class A/A+ average = 100."
}