The Status of Real Estate Industry in Brazil

The real estate industry happens to be the fastest growing industry in the world. The estate business generates billions of dollars annually as revenue. Opportunities yet to be exploited are available. Identifying such opportunities requires intensive market research. The industry is cyclical and responds to macroeconomic trends like interest rates, economic strength, and population development. The industry is comprised of three major fields such as leasing, brokerages, and management.

According to FIPEZAP findings, the house price index in Brazil dropped significantly in 2015. The price fell by 3.65 percent after the inflation adjustment. However, Sao Paulo registered an increased rise in house price by 11.3 percent. After the official announcement that the 2016 Olympic Games will be hosted in Rio de Janeiro, the real estate industry has developed tremendously.

Oderbrecht Company

Norberto Oderbrecht established this company in 1994 as a construction firm. Currently, the company manages over 140,000 people. The company renovated Arena Corinthians, which is situated in Sao Paulo for hosting the opening match of the 2014 FIFA World Cup. The firm specializes in civil construction, development of infrastructure, and gas and oil insurance. It is based in Rio de Janeiro.
Queiroz Galvao Company

It was established in 1953. By the end of 2012, the firm had accumulated 3.93 billion in terms of revenue. It has established several buildings and power plants in other places apart from Brazil, such as Middle East, Africa, and Latin America.

CBRE Real Estate firm

CBRE started operating in Brazil back in1979 after setting up its headquarters in Sao Paulo. The company had identified the high demand of real estate advisory service in Brazil. Currently, it offers service nationally and covers the whole of Latin America. CBRE operates as a market leader and has over 36 years of experience. The firm manages complex rental transactions for both national and global companies. The estate has offices in Curitiba, Brasilia, Rio de Janeiro, and Belo Horizonte.

Construcap is a construction company, which specializes in the provision of turn-key work method, designed to suit Energy Performance Certificates. It handles projects ranging from highways, ports, commercial buildings, industrial renovation, and airways to railways.

The company is located in Sao Paulo, Brazil. Construcap and Flour, which is an American based company, invested 25 million reais in establishing a joint scheme to provide exemplary engineering services. The companies are targeting branches of established industries that have complicated construction projects. The gross revenue accumulated by the firm totaled to 1.98 billion by the end of 2012.

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