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| | The Commercial Real Estate and Financing Network is not currently active and cannot accept new posts | | Real Estate in Brazil | Views: 109 | | Jul 14, 2009 10:38 am | | Real Estate in Brazil | # |
Carlos Eduardo Bacha | | Brazil is along with China, the little honney of international investors looking for higher returns in emerging markets. Altough with an economic growth of just above 5% in the last two years, the country outstands itself because of heavy legal and regulatory improvements and ortodox economic policies over the past 15 years. And yet credit only represents some 29% of the economy´s GDP and Real Estate lending only 2%!!!
Recently it has gotten very attractive to invest in Real Estate in Brazil. In 2007, many companies went on IPO and have seen growth from 50% to 200%!!! This is due specially to an ever more credit accessing middle class and sound regulatory change and implementation, such as the possibility of alienating a property when one does not live up to the responsibility of paying the loan.
Recent government stimilus has lead to an enourmous growth on lending to lower classes and the construction of low-income houses. Structured Finance techniques are becoming more and more common, successfully allowing the capital markets to directly finance real estate ventures and lending.
Credit is growing at an amazing rate and this is helping to contribute to lower the housing deficit. However, it is said that Brazil still has more than an 8 million housing deficit. So there is still a lot of space to grow into.
If you have an interest in participating in this market, do not hesitate to contact me. Private Reply to Carlos Eduardo Bacha | | Sep 09, 2009 8:26 am | | re: Real Estate in Brazil | # | 
Randy Crow | | Please send me more info hrandy514@yahoo.com Private Reply to Randy Crow |  | |
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