Another brick in the wall: RJ bill proposes six hours of free parking at malls; Real estate market expands in Butantã

Research evidence excerpt

Another brick in the wall: RJ bill proposes six hours of free parking at malls; Real estate market expands in Butantã

Global Research

27 July 2026ab

LatAm Real Estate Equities

Latin AmericaAnother brick in the wall: RJ bill proposes six

hours of free parking at malls; Real estate Real Estate

market expands in Butantã TainanAnalystCosta

tainan.costa@ubs.com

+55-11-2767 6091

RJ bill proposes six hours of free parking at malls Ana Julia Zerkowski

Associate AnalystAccording to the news, a bill under consideration by the RJ State Legislative

ana-julia.zerkowski@ubs.com

Assembly proposes up to six hours of free parking at malls, commercial galleries and

+55-11-2767 6303

business centers with integrated commercial areas. The benefit would apply to

consumers who provide proof of purchases or contracted services. After six hours,

establishments would be allowed to charge for the additional parking time.

However, the bill prohibits any minimum purchase requirement and determines that

information about free parking must be displayed in easily visible locations. Also,

the bill has not yet been approved and will be reviewed by three permanent

committees of the RJ State Legislative Assembly, while it may be amended before

being submitted to a plenary vote. - Here

Real estate market expands in Butantã neighbourhood (SP)

According to the news, with rising land prices and limited space for new projects in

the Pinheiros neighbourhood, the real estate market is expanding into Butantã. A

survey by Estadão indicates that properties in Butantã are listed for an avg. R

$1.0mn, with an avg. size of 113 sqm., while Binswanger estimates avg. prices of R

$12.0k/sqm. for new residential properties. According to a market specialist, the