Real Estate & Commercial News in Brazil from Propertyshowrooms.com

Brazil 'a hotspot' for hotel investment

Wed, 11 Apr 2012 00:00:00 GMT

The hotel market could be the ideal place to invest for those looking for property in Brazil.

According to a column written by Jones Lang LaSalle Hotels for HotelNewsNow, the country's hospitality sector offers a lot of prospects for those keen to put their money into real estate.

The organisation highlighted the 2014 FIFA World Cup and the Olympic Games in 2016 - both of which are being hosted in Brazil - as being two drivers of development within the nation's hotel sector.

Meanwhile, revenue per available room recorded double-digit increases in 2011 and this growth is expected to continue during 2012.

"Brazil has become the most attractive Latin American hotel investment market," the firm asserted, adding rising domestic demand coupled with the large-scale sporting events is resulting in "an attractive environment for growth".

The Brazilian Ministry of Sports is anticipating 600,000 overseas visitors will travel to the nation for the football tournament in two year's time, while a further three million tourists are expected to head to the country during this period.

Brazilian property market 'grew in Q3'

Fri, 11 Nov 2011 00:00:00 GMT

During the third quarter of 2011, the real estate market in Brazil continued to grow, with the Sao Paulo office sector putting in a particularly strong performance.

This is according to a report published by Cushman & Wakefield, which revealed that net absorption across all the cities surveyed was 52.3 per cent higher in this period than the figure recorded in the three months from April to June this year.

Meanwhile, the average asking price for rents has climbed by 2.5 per cent year on year, to stand at R$71.50 (£25.56) per sq m per month.

Sao Paulo's central business district far outstripped that national average, with a 22.6 per cent annual increase in rents in this area, bringing the typical monthly cost of leasing a property to R$111.8 per sq m.

"High demand, limited supply and more modern buildings added to the market have once again influenced average rents in high-end office buildings located in the main office districts of Sao Paulo," the research stated.

The recent Global Commercial Property Survey carried out by the Royal Institution of Chartered Surveyors predicted further growth in both capital values and rents within the Brazilian property sector by the end of 2011.

Brazilian commercial property 'performing well'

Fri, 4 Nov 2011 00:00:00 GMT

Brazil has been highlighted as one of the top performing commercial real estate markets in the world at present in a new study.

The Royal Institution of Chartered Surveyors (Rics) Global Commercial Property Survey for the third quarter of 2011 predicted that Brazil's momentum will continue throughout the final quarter of this year.

According to the organisation, "rental and capital value expectations remain high", while the picture for demand from investors looks strong, despite weakening slightly compared to the second quarter of 2011.

Rics chief economist Simon Rubinsohn described Brazil's commercial property sector as one of the "key areas of resilience" around the world, alongside the likes of China and Russia.

Meanwhile, those questioned for the research anticipate continued strength in occupier demand, with Rics stating that recent reductions in interest rates by the Banco Central do Brasil will further support this side of the market.

Last month, Ruban Selvanayagam wrote for Global Property Guide that new regulations have been introduced in Brazil to help resolve issues caused by delays to developments when residential units have been sold off-plan.

He noted that the intention of the guidelines, which are not compulsory, is to bring greater transparency into the sector.

Companies continue to invest in Brazil

Fri, 16 Jan 2009 00:00:00 GMT

The global financial crisis is not preventing a number of major companies from investing in Brazil...

Brazilian hotels remain unaffected by economic turmoil

Wed, 10 Dec 2008 00:00:00 GMT

Hotels in Brazil have not suffered in the wake of the global economic downturn, it has been revealed, which suggests Brazilian property might still represent a good investment opportunity.

According to Alvaro Bezerra de Mello, the president at the Brazilian Hotel Industry Association, hotels in Brazil have been looking to diversify following the fall in foreign tourist numbers this year, brazzilmag.com reports.

This tactic has paid off, he says, as by focusing on domestic tourism hotels have been able to secure business easily despite absence of overseas customers.

As a result, it is likely that investors with property in Brazil will not struggle to let their properties as long as they are marketed in the right areas.

What's more, Mr de Mello believes the tourism sector will be especially robust in the lead-up to the Rio carnival.

"We did not even have any cancellations," he told the website.

"Tourism in general in Brazil should do well until after carnival, which is our high season."

The Rio carnival 2009 starts on Friday, February 20th.

Visit our off-plan property Brazil page

GoldenTree InSite Invests $222M in Brazilian Real Estate JV

Wed, 24 Sep 2008 00:00:00 GMT

New York City-headquartered GoldenTree InSite Partners has signed on to invest as much as $222 million of equity in a joint venture with São Paulo, Brazil-based LDI - Inteligencia Urbana Completa, for the development of real estate projects in the São Paulo, Brazil region...

Maca development to be officially opened

Thu, 11 Sep 2008 00:00:00 GMT

A new shopping centre is being officially opened in Brazil.

Developers Tenco Realty and CBL & Associates are preparing to unveil their new 243,000 square-foot Plaza Maca shopping centre in the city of Maca.

In news which may be important for people looking for real estate in Brazil, the developers ..........

Wal-Mart to invest $1bn in Brazil

Wed, 13 Aug 2008 00:00:00 GMT

The world's largest retailer, Wal-Mart, aims to invest some $1bn in Brazil, as part of expansion plans in the region...

Business in Santa Catarina booms

Thu, 7 Aug 2008 00:00:00 GMT

Business is booming in the Santa Catarina region of Brazil, it has been revealed.

The sales of industry in the state increased by more than ten per cent over the course of the past 12 months, which helped boost the economy of the national as a whole.

The news could ..........

Brazilian film festival to hit NYC

Wed, 6 Aug 2008 00:00:00 GMT

Those considering buying property in Brazil might be interested to hear a film festival will open in Central Park on Sunday (August 10th) drawing attention to the Latin American nation, it has been reported.

Sao Paulo songstress Maria Rita will perform at the launch of the event to celebrate her native ..........

Europeans invest in Brazilian wind farms

Wed, 6 Aug 2008 00:00:00 GMT

Brazilian property could benefit from an increased interest from environmentally-friendly investors after two European renewable energy firms agreed to a joint wind energy project in the country.

Italy's biggest energy firm, Enel, and Germany's SoWiTec signed up to a project together which could produce up to 1,000 megawatts (mw), it has ..........

Brazil is booming as number of rich rises, says research

Tue, 5 Aug 2008 00:00:00 GMT

People looking at property for sale in Brazil may like to hear that new research has found the nation's economic growth has reduced poverty and increased the number of rich citizens, it has been reported.

New research released today (August 5th) by the Institute of Applied Economic Research (Ipea) found the ..........

More flights to Brazil

Tue, 5 Aug 2008 00:00:00 GMT

Brazilian property is set to be boosted by a further expansion of flights between Brazil and the United Arab Emirates, it has been reported.

A renegotiation forecasts 28 new passenger flights and 21 new freight flights could operate between the two nations every week doubling the original agreement of 14, according ..........

Brazil rental market receives boost

Tue, 5 Aug 2008 00:00:00 GMT

Owners of a rental property in Brazil could be in line to benefit from growing tourism in the South American nation.

Brazzil Mag has cited official figures showing that 3.2 million foreign leisure travellers visited Brazil during the first six months of 2008.

This represents an increase of almost three per cent on the same period of the previous year.

The figures will be welcome reading for people who have invested in Brazil's buy-to-let sector, as they suggest rental accommodation is now in higher demand.

As a result, property owners could find themselves collecting higher rental returns and enjoying lower vacancy rates.

Commenting on the findings, Jeanine Pires of tourism institute Embratur said: "It shows constant recovery in the number of arrivals on international flights, which is very good."

Meanwhile, the Associated Press has reported that authorities in Brazil are to spend more than £1 billion on improving the country's airports.

The investment is being carried out in order to ensure they can deal with the high volume of passengers during the 2014 World Cup.

Brazil's economy set to keep expanding

Mon, 4 Aug 2008 00:00:00 GMT

Brazil has been tipped to continue experiencing economic growth over the next few years.

According to the New York Times, places such as the US and Europe are currently on the verge of recession and experiencing a downturn in their housing markets.

By contrast, Brazil is performing strongly and is currently in the middle of its biggest expansion in decades.

The New York Times said many sectors of the economy are reaping the benefits of this growth, as are many of the country's population.

Commenting on the impact of this growth, it remarked: "It has given Brazil new swagger, providing it with greater leverage to push for a tougher bargain with the US and Europe in global trade talks."

According to Amberlamb, the country's population is currently growing in wealth as the Brazilian economy is continuing to expand.

This, it said, is leading to new demand for high-quality properties in various regions, which the organisation believes could create opportunities for foreign investors.

Brazilian shopping centres boom

Wed, 23 Jul 2008 00:00:00 GMT

People looking at property for sale in Brazil could be interested to hear the nation's shopping mall sector is booming and employs close to one million workers, it has been reported.

The country's Association of Shopping Centres (Abrasce) is now taking its know-how abroad to teach Botswanians a lesson on the ..........

Brazilian airports 'should improve before World Cup'

Wed, 23 Jul 2008 00:00:00 GMT

An official in the Brazilian aviation sector has said the South American nation's airports need to be improved before the FIFA 2014 World Cup.

The football tournament will be staged in cities such as Rio de Janeiro and Sao Paulo, prompting a surge in the number of people flying into these regions.

Therefore, Adalberto Febeliano executive vice president of the Brazilian Association of General Aviation has said the existing transport network needs to be improved, AAP reports.

He said monthly passenger numbers could go up from four million to eight million by the time of the event, as people will be travelling across Brazil to watch different games.

"We need to modernise our airports and build new airports," Mr Febeliano commented.

"If we don't, when the World Cup arrives we won't have time to accommodate the passengers."

The 2014 World Cup will mark the second time that the country has hosted the football tournament.

Brazil is also in the running to host the Olympic Games two years later.

Brazils investment climate praised by business-170708

Thu, 17 Jul 2008 00:00:00 GMT

An official at a US-based fast food chain has highlighted the investment potential which Brazil currently offers.

Carl's Jr has recently decided to set up establishments in both Rio de Janeiro and Sao Paulo, choosing them in preference over other emerging markets.

Speaking of the decision to invest in Brazil, spokesperson Mike Stout revealed that it has many factors in its favour.

He told the Christian Science Monitor that people in the South American nation are becoming increasingly affluent, which his leading to more and more people moving into the middle class.

He continued: "The economy is growing and inflation is stable. From a business perspective, we love the market."

According to Gulf Weekly, the South American country is "holding its own" despite the current economic downturn in the US.

This, it stated, is good news for overseas property buyers who have invested in the Brazilian housing market.

Brazil property benefits from marketing

Wed, 16 Jul 2008 00:00:00 GMT

Brazilian property could be set to benefit from a new advertising campaign launched by the Ministry of Tourism (Embratur) using the slogan "Brazil Sensational"...

According to Embratur, the campaign is expected to be wider spread and more attractive than previous efforts and above all will have a greater impact on ..........

Brazil aims to step up overseas marketing-110708

Fri, 11 Jul 2008 00:00:00 GMT

Tourism authorities in Brazil have outlined their intention to raise the profile of the country overseas.

According to tourism institute Embratur, plans to market different aspects of the South American nation are currently being considered.

Jeanine Pires, president of the organisation, said the main focus will be on highlighting Brazil's natural and cultural diversity.

This, she stated, would help it to illustrate the modern lifestyle of the Brazilian people.

Ms Pires commented: "We want to draw attention to the possible experiences on offer in our sensational country at any time of year."

She added that Embratur also wants to increase the frequency of international flights in order to generate more employment and attract more visitors.

This could also stimulate growth in Brazil's housing market, a development which would be likely to attract the attention of overseas property investors.

Brazil was recently described by NuBricks.com as an "overseas property hotspot" which offers "untapped potential" to investors.

Brazil set to launch marketing drive

Fri, 11 Jul 2008 00:00:00 GMT

Owners of property in Brazil could be set to benefit from plans to market the country more heavily overseas.

Tourism institute Embratur stated that it wants to raise the profile of the South American nation across the world.

Therefore, it will step up efforts to promote the various attractions of Brazil to prospective visitors worldwide.

However, the organisation wants this initiative to be supported by extra flights to and from the country, in order to open it up to a larger number of people.

This could be good news for owners of property in Brazil as it could stimulate further growth in its housing market and rental sector.

Jeanine Pires, president of Embratur, commented: "We want to promote the natural and cultural diversity of Brazil and show the modern lifestyle of the Brazilian people."

According to Gulf Weekly, the region has become a major of hotspot of activity for investors across the world, as well as holiday home buyers and expats.

Petrobras sets new oil record

Tue, 8 Jul 2008 00:00:00 GMT

Brazilian oil giant Petrobras is celebrating a new production record, which saw June output soar 4.2 per cent higher than last year's monthly average.

The figures spell good news for those looking to invest in Brazil real estate with 1,867,000 barrels produced per day (bpd), reports Brazzil Magazine.

It smashes ..........

Alternative Property Investment in Brazil

Tue, 1 Jul 2008 00:00:00 GMT

Everyone is being told that Brazil and Natal in particular are the next big thing in terms of property investment success – “it’s the place to invest, and if you don’t believe us, believe the Beckhams!” property developers are saying. Well, yes the Beckhams are reputedly putting money into ventures there, but commercial ventures of the football academy kind! And what a ridiculous reason to invest in a place anyway, it’s not as if David Beckham is a global real estate genius. Okay, okay, so we admit there is much to delight in in terms of the Brazilian real estate market and also in terms of what’s happening in Natal, but the be all and end all is not tourism property and it is not just a tiny pocket of the Brazilian property market. There are alternative property investment opportunities in Brazil you know…

Brazilian investment prospects 'good'

Tue, 10 Jun 2008 00:00:00 GMT

Investors considering purchasing property in Brazil may be pleased to hear that experts believe prospects in the country are looking up.

With a better than expected growth in the country's economy and a long-term sovereign debt status upgrade from Standard & Poors, the Latin American nation is looking forward to increasing levels of investment from overseas, according to the Brazilian-American Chamber of Commerce.

Brazil's equity funds have already spotted the potential and for the past six consecutive weeks the country has seen consistent inflowing revenue.

Property in Brazil, the health sector and information technology are particular areas of interest for investors.

Julian Thompson, head of emerging market equities at Threadneedle, commented: "The demand for middle income residential property is strong and [it] remains relatively good value."

Joinville may be a focal point for investment in Brazil, as it is to see $800 million (£400 million) worth of public money pumped into infrastructure and the local economy over the next five years, reports Nubricks.com.