Corporate Real Estate: A Q&A Guide To Corporate Real Estate Law In Brazil.

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Corporate Real Estate: A Q&A Guide To Corporate Real Estate Law In Brazil.

By Christiane Scabell Hohn and Cristiana Moreira

The corporate real estate market

1. What have been the main trends in the real estate market in your jurisdiction over the last 12 months? What have been the most significant deals?

The real estate market in Brazil is flourishing. The combination of low inflation, appreciation of the Brazilian currency, interest reduction and creation of modern investment funding mechanisms has made the real estate market extremely attractive to investors.

Several important real estate companies have gone public and there are significant funds available for investment in real estate.

However, the country still lacks a well-defined housing policy and programmes.

Corporate real estate investment

2. Please briefly outline the opportunities for investing in real estate in your jurisdiction. In particular, consider:

The structures commonly used (for example, property companies and partnerships).

Are real estate investment trusts (REITs) and real estate derivatives available? If so, are they commonly used?

The role of institutional investors.

The role of private investors.

There are several ways to invest in real estate, directly or through a property company.

There are some other mechanisms to invest in the real estate market, such as securitisation of credits related to real estate receivables (Certificado de Recebiveis Imobili rios and Cedulas de Creditos Imobili rios), and a Real Estate Investment Fund (Fundo de Investimento Imobili rio),...

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