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Conference to showcase Brazilian investment
The popularity of Brazilian property as an investment could be set to increase following a conference among entrepreneurs in New York.
Invest in Brazil will this week bring together decision-makers, investors and other stakeholders in order to showcase why the Latin American country is such a good location to place one's assets.
The event is to be hosted by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and the Brazilian-American Chamber of Commerce of New York and could result in a spike in interest in investing in Brazil.
Consequently, anyone hoping to buy property in Fortaleza, Natal or other north eastern resorts may want to act now in order to beat the crowds.
Alessandro Teixeir, president of Apex-Brasil, said: "Today, Brazil is a must for the portfolios of the largest global companies."
He added that investment there last year increased by 20 per cent on 2007 and also cited a study by the Emerging Markets Private Equity Association, which showed Brazil to be the second most attractive emerging country for investors in 2009.
Earlier this month, Ricardo Mader, executive vice-president of Jones Lang LaSalle, said that investors are becoming increasingly interested in the hotels market in Brazil thanks to their likelihood of good returns.
More articles can be read at www.propertyinbrasil.com/Brazilian-News/