Logistics in Brazil is mostly concentrated in Rio and Sao Paulo. In these mega metropolitan áreas there are several logístic clusters. However, often these overlap and compete for customers. In addition, there is significant supply of top tier assets. As you leave these mega metrópolitan areas, there are regional logistics clusters that service a very large land area and have less competition. These logistic clusters have attractive development yield, top tier clients, limited competition, and atractive exit options to Brazilian family offices and FII (REIT market).
