The dollar is strong right now, and it’s giving dollar-wielding property buyers a big advantage when buying abroad. Simply put, properties in many countries have gotten dramatically cheaper, in dollar terms, thanks to favorable exchange rates. Everyone knows that the dollar runs in cycles. And many experts, including The Economist, agree that the dollar is
Trump Rio Tags Cushman & Wakefield to Manage Leasing
March 13, 2013 by
The people behind the development of Trump Towers Rio de Janeiro, MRP International, have just appointed Cushman & Wakefield as leasing agents for the property. The 38 story skyscraper, the largest ever office development within a BRIC country, will be opened in 2016.
Poor Take on the Rio Development Boom: Advanced Olympic Tickets?
January 15, 2013 by
The 2016 Olympic Games in Rio promise visibility, more fame, and some fortune for the people of Brazil. By the end of these games in fact, Latin America as a whole will simply become a more noticed and viable brand – for expansion. At the end of this article, any real investor or person interested in
Will Twilight’s Breaking Dawn Boost Brazilian Property Sector?
November 22, 2011 by
Last week saw the long awaited (well for some!) launch of vampire sequel The Twilight Saga: Breaking Dawn Pt. 1, with its much anticipated wedding scene, and despite it receiving a measly 28% on Rotten Tomatoes it predictably trashed the competition. However it is the honeymoon location which may have caught many people’s attention. The
Brazilian Real Estate Values Looking Good
September 13, 2011 by
Brazilian real estate values are set for further expansion, boosting foreign direct investment (FDI), a forecast that Alternative Asset Analysis has strongly agreed with. Real estate experts believe that the Brazilian market offers excellent opportunities for investors. David Lynn, of Clarion Partners in New York, says that this can be put down to a number of
Brazilian Mortgage Market Shows Room for Growth
September 7, 2011 by
At the moment foreigners cannot apply for mortgages in Brazil, but the mortgage market here is extremely young, and there’s lots of room for growth in the future, especially as the current level of mortgage lending accounts for just 4% of GDP. To put this into perspective, mortgage debt in the US accounted for 55%
Historic Hotel Gloria Renovation Delayed
July 7, 2011 by
The renovation of the historic Hotel Gloria in Rio de Janeiro has been delayed by two years, and it will now be completed just five months before the country hosts the 2014 World Cup. The hotel is being renovated by Brazilian billionaire Elke Batista’s holding company EBX Group Co. Ltd, and should have opened this
