11/08/2007 11h11

Real Estate Market received US$ 6.9 bi this year

Valor Econômico - 11/08/2007

Brasil Brokers has not come alone. In addition to it, three other companies of the real estate industry have launched stocks in the international markets after the financial crisis. The capitalization of the sector has continued, in spite of the weariness indicated by investors. Trisul, Construtora Tenda and Helbor were the other beginners. The construction segment has drawn almost R$ 12 billion (US$ 6.9 billion) in stocks this year - excluding the shopping mall management companies. The volume is equivalent to 36% of the total raised by the companies. There were 21 offers of this sector in São Paulo, from which, 18 were IPOs. The belief that there is room for a strong expansion in the Brazilian Real Estate Market has been attracting investors from the most varied origins and with the most diverse interests. Even one of the largest managers of investment funds in the world, The Carlyle Group, has come here looking for opportunities. Since its arrival last January, the manager has been operating discretely. In 45 to 60 days that setting will change. It will be then the start of the aggressive work to look for investment opportunities in the real estate market, which is the focus of the operation in Brazil.