• Is Brazil The Number One Country In The World For Real Estate Investment?

    Is Brazil The Number One Country In The World For Real Estate Investment?According to billionaire real estate investor Sam Zell, Brazil could surpass China’s economy in 30 years. Zell, who is regarded as one of the wisest global real estate investors, has frequently touted the benefits of real estate in Brazil. The following article has more on why Zell recommends Brazil so strongly.

    World property guru Sam Zell is looking to open a real estate financing company in Brazil as record-low interest rates in Latin America’s biggest economy boost demand for alternative investments.

    Zell, who declared a couple of months ago that Brazil is the ‘number one country in the world for investments, is looking for a partner for his real estate investment company with a view to grow Brazil’s ‘still nascent’ real estate financing market.

    The company’s chief strategic officer Thomas McDonald confirmed that the move is on the cards and added that it may open its own company to provide financing to real estate developers.  (more…)

  • Brazil’s first female President elected on 1 November 2010

    Dilma Rousseff - Brazil's first female PresidentDilma Rousseff was elected the country’s first female President on 1 November as Brazilians voted strongly in favour of continuing the economic and social policies of the popular outgoing President Lula da Silva. Ms Rousseff, who will be sworn in on 1 January, is expected to continue the policies of President Lula, with emphasis on government efficiency, expanding the role of the state in some sectors such as mining, and upgrading the country’s infrastructure. She will also oversee a huge expansion of Brazil’s oil industry, following the discovery of major offshore oil fields that should make Brazil one of the world’s top 10 oil exporters.

    The Brazil economy continues to grow from strength to strength and is now larger than both Russia and India while China has become its largest trading partner. With the International Monetary Fund predicting that Brazilian GDP will grow to US$2.2 trillion next year and Brazil playing host to the World Cup in 2014 and the Olympic Games in 2016, these are exciting times for the country.