Brazilian property event Attracts £144m of investment
Sunday, May 31, 2009
The fourth annual business-to-business tourism and real estate event generated R$ 457 million worth of investment capital for the Northeast region of Brazil.
Nordeste Invest, was held at the Maceió Convention Center, in the state of Alagoas from 31st March till 2nd April 2009. The event was attended by Over 100 businesses of 17 different nationalities gathered at the Convention Centre in order to find out about the opportunities of investment in the Brazilian Northeast region. Nordeste Invest was held for the first time in March 2006 and the second event was held in Salvador Bahia consolidated the event as a meeting point for international investors.
Many UK businesses which attended this year's conference have already formed business collaborations with Brazilian companies which include Salamanca Capital from London, Kapital International from Scotland and Property Frontiers in Oxford. The event attracted 1320 participating exhibitors and collaborators; and 105 international investors, of which 73 were funded by ADIT Nordeste and APEX Brazil as delegates from countries such as: Spain, Argentina, Portugal, UK, Italy, France and the United States.
Colony Capital, from US, one of the biggest real estate private equity companies in the world also attended the event to expand their investments in Brazil. Ben Jefferis of Property Frontiers in UK says: "We consider Brazil to be one of the destinations where it is possible to invest in real estate with good return conditions because of the region’s market’s growth projection." This confidence stems again from the region’s economic and political stability demonstrated in the past.
EMBRATUR, the Government's Tourism division, pledged over £2 million to the region at the event. Jeanine Pires President of EMBRATUR, commented; "We want to promote the natural and cultural diversity of Brazil. We want to draw attention to the possible experiences on offer in our sensational country at any time of year; invite people to seek more information about the different types of travel available in Brazil for pleasure or for business."
Social BookmarkingNordeste Invest, was held at the Maceió Convention Center, in the state of Alagoas from 31st March till 2nd April 2009. The event was attended by Over 100 businesses of 17 different nationalities gathered at the Convention Centre in order to find out about the opportunities of investment in the Brazilian Northeast region. Nordeste Invest was held for the first time in March 2006 and the second event was held in Salvador Bahia consolidated the event as a meeting point for international investors.
Many UK businesses which attended this year's conference have already formed business collaborations with Brazilian companies which include Salamanca Capital from London, Kapital International from Scotland and Property Frontiers in Oxford. The event attracted 1320 participating exhibitors and collaborators; and 105 international investors, of which 73 were funded by ADIT Nordeste and APEX Brazil as delegates from countries such as: Spain, Argentina, Portugal, UK, Italy, France and the United States.
Colony Capital, from US, one of the biggest real estate private equity companies in the world also attended the event to expand their investments in Brazil. Ben Jefferis of Property Frontiers in UK says: "We consider Brazil to be one of the destinations where it is possible to invest in real estate with good return conditions because of the region’s market’s growth projection." This confidence stems again from the region’s economic and political stability demonstrated in the past.
EMBRATUR, the Government's Tourism division, pledged over £2 million to the region at the event. Jeanine Pires President of EMBRATUR, commented; "We want to promote the natural and cultural diversity of Brazil. We want to draw attention to the possible experiences on offer in our sensational country at any time of year; invite people to seek more information about the different types of travel available in Brazil for pleasure or for business."
Labels: British, Investment-property
