Brazilian real estate is booming again. After a relatively bad period, sales have rebounded in Brazil, an American real estate private equity investor said in an interview to Reuters last Tuesday. Launched two weeks ago, a 104-unit residential project directed at middle-income families in Sao Paulo’s Vila Carrao area is the best example of that, [...]
Posts under ‘property’
When business and football match
Sun, heat, party and football. That’s what foreigners expect from the World Cup of 2004 in Brazil. And foreign real estate agencies have already started a race to sell houses and properties in the cities which will host the world championship. Brazil expects about 500 thousand tourists for the Cup. The volume is bigger than [...]
The Wall Street Journal: Sam Zell Looks to Brazil to Change His Luck
Real estate tycoon Sam Zell, trying to restore his stature as an astute investor after
his disastrous buyout of Tribune Co., has surfaced as an unlikely player in a
controversy in Brazil over affordable housing.
Carnival climate in Brazil, as property market celebrates new record growth
The property market in Brazil has celebrated the news that a new record growth has been achieved, to show that the credit crisis has not reached the South American country. Housing credit has closed 2008 with 299.746 properties financed, the highest number ever and a rise of up to 53% over 2007. According to ABECIP [...]