Sort Investimentos, a real estate asset manager based in Santa Catarina, projects that demand for logistics warehouses could rise by up to 30% if Brazil’s Congress approves ending the 6x1 work schedule. The company manages more than R$3 billion in logistics properties, according to the report.
The proposed change would reduce the standard workweek from 44 hours to 40. Sort expects the shorter schedule to accelerate retailers’ shift toward e-commerce, which relies on centralized facilities to store and distribute goods.
Renato Monteiro, Sort’s founder, said the change could hasten a transformation already under way in Brazilian retail and affect demand for properties used to store and distribute merchandise. He cautioned that this would not necessarily mean fewer physical stores: retailers operating both online and in person could instead redirect investment toward e-commerce and logistics.
Monteiro said online commerce can centralize inventory, automate processes and serve consumers in different regions from a single distribution center. Sort’s estimate is that this shift could boost demand for logistics warehouses by as much as 30%.
Sources: Folha Mercado.