Brazil’s Property Market Gets a Massive Boost

Published on 10 July 2007 at 05:32 pm
Filed in Property News for Brazil   »   Brazil’s Property Market Gets a Massive Boost

Brazil’s Property Market Gets a Massive Boost

At the Reuters Real Estate Summit in New York last month, Brazil’s property market got a massive boost in the form of direct and sustained investment commitment from General Electric Real Estate which is one of the world’s largest and most diversified commercial real estate investors and a company that property investors the world over watch and learn from.

GE Real Estate’s timing is impeccable as they are buying in just at the point where international commercial investment interest is intensifying in Brazil and what’s more, their commitment will undoubtedly now draw other investors to begin examining the Brazilian real estate market - which means that if you were wondering when the time to enter the market was, it could be right about now…

According to Joseph Parsons, president of North American equity at GE Real Estate, the company sees property in Brazil as being for them “the new Mexico” - i.e., a market in which they have already invested hundreds and hundreds of millions of dollars over the past ten years and where they are about to invest a further USD 400 million into industrial real estate…

Driving the diversification of GE Real Estate’s property investment approach towards Brazil are undeniably positive fundamentals such as the fact that Brazil is rapidly becoming a reliable nation with a stable economy on which international investors can rely.  GDP is on target to grow by over 4% this year and foreign direct investment commitment is constantly growing.

As we’ve reported here at Amberlamb in the past, the Brazilian government is totally committed to its path of making the nation more attractive for investment and to opening up the business environment so that it can compete globally…as a result the dynamics in Brazil are hugely positive and there is an affluence growing and creating a much more significant middle class demographic - which is one of the key indicators that GE Real Estate are well known for seeking out when picking their property investment niches.

If you want to learn from the big boys then surely GE Real Estate is the company to watch - and as you can now see, they are just about to make a big splash on the Brazilian real estate investment scene – so remember, you heard it here first!

Special Reports: Property News for Brazil

Brazil Country Guide for Property Buyers
Guide to Brazil from a real estate investor's perspective focusing on the property investment opportunities and the beauty of Brazil

Brazil Real Estate Buying Process Guide
The real estate buying process in Brazil is straightforward and well regulated which gives buyers confidence in the property market

Brazil Real Estate Investment Guide
Brazil real estate offers fantastic medium term investment potential now that the government are committed to long term economic development.