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Brazil Real Estate Market: New industry data published
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Brazil Real Estate Report Q1 2014 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 11:49:03
Brazil presents an extremely favourable picture, with the hosting of major sporting events in 2014 and 2016 prompting the construction of suitable infrastructure. However, there have been reports that only a fraction of the available budget has been used and that numerous projects are running behind schedule, prompting concerns that the country - specifically Rio - will not be ready in time. These two events are also quite misleading, as they will give a short-term boost to the sector, and it is unlikely that this will be sustained after the 2016 Olympics, despite promises that a legacy will be left. However, the rising incomes of Brazilians is prompting a surge in popularity of high-end retail, with Fortaleza anticipated to post positive results for high-end retail rents and net yields over our five-year forecast period. In addition to the downwards revision of economic data, the construction segment is also underperforming its potential. We have revised down our estimate for real growth in Brazil´s construction industry value to 2.8% for 2013, with further downside risk. This is despite significant declines in industry costs, which resulted in deflation for the sector. However, a revival in housing starts, last-minute World Cup preparations and, on the infrastructure side, investment into new power capacity and airport expansion projects all provide bright spots and will drive the market out of this slump. 2014 looks to be a better story, with construction growth of 4.2% anticipated, perhaps due to a ramp up in building facilities needed for the 2016 Olympics. Click for report details: www.companiesandmarkets.com/Market/Real-Estate/Market-Research/B .. Browse all Real Estate Market Research Reports www.companiesandmarkets.com/Market/Real-Estate/Market-Research?a .. Browse all Real Estate Company Profile Reports www.companiesandmarkets.com/Market/Real-Estate/Company-Profile?a .. Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f .. About Us Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.
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