The Future of Brazil Real Estate
The Future of Brazil Real Estate
Please click on the link above to access an interview with Luis Lessa of the Association of Real Estate and Tourism Development (ADIT): a well established organisation that works directly with overseas investors looking to take advantage of the strong current market conditions that Brazil is able to offer. We discuss the reasoning behind the organisation’s decision to work throughout the country (as opposed to solely the north-east which is where they were originally established); realistic future prospects; the impending new government; risk management; investor strategies; an action plan for those entering the country to undertake real estate business amongst other topics. The link above will require you to be a member of the site to be able to access the full video (which can be done quickly and easily here).
[...] We last spoke in September of last year – can you tell us a bit about what ADIT have been up to since then? Yes, a great deal has happened at ADIT Brasil since we last spoke. Luiz Henrique Lessa has now become CEO and I have become chairman – or president of the board. Luiz Lessa’s nomination was part of our strategy to sharpen ADIT Brasil’s activities in the national and international real estate and tourism markets. With Luiz Lessa taking over presidency, we will be able to exercise our strengths in attracting foreign investments, all the while keeping up with the Brazilians who will be partners to these investors. Of course you remember that ADIT became a national association last year, and so we now have a representative in every state in Brazil who individually act as the funnel for international investments. ADIT Brasil – the Association for Real Estate and Tourism Development of Brazil – is a bridge between the Brazilian entrepreneur and the foreign investor as well as a link between the financial and real estate market. You may remember that Luiz Lessa had successfully set up the investment agency, a business unit developed to structure real estate projects by attracting resources together with the financial market. His duties as Chief Investment Officer (CIO) of ADIT Brasil have now been taken over by André Menezes, and he has worked successfully to structure specific projects so that they can be better presented to the international investor. These are real estate projects including housing, hospitality, hotels, retail, office buildings, logistic centres and mixed-use developments. Mr. Menezes has ensured that the agency has a diverse profile, being centered on competence and transparency. [...]