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"Attractive opportunities" in Brazilian property sector

Date : (News Section: Brazil)

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Investors will find "attractive opportunities" in the Brazilian real estate sector for gains in both the long and short term, it has been claimed.

Writing for National Real Estate Investor, managing director, generalist portfolio manager and head of investment strategy at Clarion Partners in New York David Lynn explained that there are "positive fundamentals" that will support the performance of the property industry in Brazil over the months and years to come.

He pointed to major sporting events, such as the 2014 football World Cup and the Olympic Games in 2016, noting that they are likely to result in an increase of investor interest in the nation.

Mr Lynn explained that the country's property sector has "gained speed" during the first half of this year, with transactions 79 per cent higher than in the same period in 2010.

Obelisk International recently revealed that $32.5 billion (£20.33 billion) flowed into Brazil in the form of foreign investment in the first six months of 2011.
 

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Article by +Steve Binge on behalf of Propertyshowrooms.com

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