Property in Florianopolis boosted by rising investment in Brazilian real estate?
Date added: 22nd July, 2010 at 10:39
(view all articles from July, 2010)
Categories: Florianopolis
Property in Florianopolis may be seeing more investment as the amount of money ploughed into worldwide real estate has almost doubled in the last year, with the strongest growth seen in Brazil, research has shown.
According to a recent study by Jones Lang LaSalle, $66 billion (£43.39 billion) was dedicated to the assets in the second quarter of 2010, nearly twice the amount recorded at the same point in 2009.
Although the worldwide figure was similar to that recorded in the first three months of the year, in Brazil it had tripped to $1.6 billion, Steve Collins, head of the International Capital Group (ICG) in the Americas, revealed.
Furthermore, growth is expected to continue, with Arthur de Haast, head of the ICG, commenting: "For the full year we anticipate volumes globally of around $300 billion, which represents a healthy 40 to 50 per cent increase on 2009."
Overall, the Americas saw a rise in property investment of 54 per cent, to £21 billion, more than four times the level seen in the second quarter of 2009 of $5 billion, while quarterly expansion in Brazil and Canada outpaced the US.
This follows positive data from the Brazilian Institute of Applied Economic Research, which predicted that extreme poverty would be wiped out in Florianopolis by 2012.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of property in Florianopolis.
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