BRAZIL’s Real Estate will stay strong in 2014
Over the past five years the BRAZIL’s Real Estate market has soared, especially in Rio de Janeiro with the World Cup and Olympics coming up. There is plenty of optimism for investors to be found with the high tourist season returning swiftly followed by the 2014 World Cup, despite fears of a devaluation and signs of it potentially levelling off in 2013. The negative speculation was quashed by Teotonio Rezende, Caixa’s vice president (Brazil’s second largest government owned bank) who account for two…
Brazil on the right track
Brazil on the right track With all the investment going on for the upcoming World Cup and Olympics, coupled with the investment being made in infrastructure pertaining to airports and roads, Brazil is a sure bet for the future. According to the Economist, Singapore’s Changi Airport Group and Odebrecht, a Brazilian construction firm, landed the job to upgrade and run Galeão airport in Rio de Janeiro. Perfect timing for the upcoming games. The hub airport at Belo Horizonte, Brazil’s third largest city,…
