Investment banking occupiers in São Paulo typically cluster in Faria Lima, plan ~215 sqft per seat at trophy fit-out ($2800–4200/sqft), and pay around 250 BRL/sqft ($56 USD) on Class A.
Investment banking occupiers in São Paulo typically cluster in Faria Lima, plan ~215 sqft per seat at trophy fit-out">fit-out ($2800–4200/sqft), and pay around 250 BRL/sqft ($56 USD) on Class A.
Investment banking occupiers in São Paulo typically anchor in Faria Lima. Banking (Itaú, Bradesco), private equity, consulting, multinational HQs.
Class A rent in São Paulo runs 250 BRL/sqft ($56 USD) on a 5-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical investment banking fit-out targets trophy specification at $2800–4200/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount banking office in São Paulo typically targets 21,500 sqft of leasable area.
Bulge-bracket teams favor signature trophy assets with full client-facing programming and large floor plates. Deep banking, professional services, and tech talent. Strong feed from USP, FGV, Insper, and ITA. Portuguese-English bilingual professional base in international corporate.
Headline corporate tax: 34%. Net leases. 5-year terms standard with statutory renewal rights under Brazilian commercial lease law (Lei do Inquilinato). Free rent of 4-9 months and TI of BRL 600-1,200/sqm typical.
| city | São Paulo |
|---|---|
| industry | Investment banking |
| naics | 523150, 522110 |
| preferredSubmarket | Faria Lima |
| preferredFitoutSpec | Trophy |
| fitoutBand | $2800–4200/sqft |
| sqftPerSeat | 215 |
| classARentLocal | 250 BRL/sqft/yr |
| classARentUsd | $56/sqft/yr |
| vacancyPct | 19.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| talentIndex | 80 |
| corporateTaxPct | 34% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.