December 28th, 2009 - no responses
In 2007, the Carlyle Group, one of the largest US private equity funds already made a first move into Brazil by taking a significant investment in Scopel.
David Rubenstein, co-founder of Carlyle Group (CYL.UL), plans to announce seen two or three deals in Brazil. The deals would run “in the hundred million-dollar area”.
“We also recognize that Brazil is the fifth most populous country in the world and its GDP will probably be the fifth-largest in the world in the next decade, so we need to be here,” he added.
Full article on Reuters.
Tags: carlyle brazil
December 27th, 2009 - no responses
Domestic market revenues for Embraer should reach US$ 500 million this year, totaling 10% of total revenues (last year: 4%).
The CEO of Embraer, Frederico Fleury Curado disclosed this information last week. “Brazil is running contrary to the world, in a good way, with regard to griwth. The country was able to recover well from the crisis and is going to grow well next year. Air transportation is about to grow 8-10% next year in Brasil, which is an impressive number.
Azul is one of the new Brazilian companies flying with Embraer 190s; when in Brazil you should try them. They (next to GOL, TAM and Oceanair already servicing Florianopolis) just started operating flights to Florianopolis where Vinlanda has several projects: Moradas da Ilha (only 2 houses remaining), Casa le Jardin (only 1 house remaining) and Maresias (launch in March 2010).
Tags: casa em florianopolis, embraer
December 26th, 2009 - no responses
El Pais was the first to nominate Lula as “personality of the year” (Spanish prime minister José Luis Zapatero called Lula “the man of which the world is fascinated”) and now Le Monda nominates Lula as “L’homme de l’année 2009“.
It’s the first time that Le Monde awards the nomination. The newspapers refers to Lula’s past as union leader and his battle for social justice and the environment. Le Monde claims that Lula changed the face of South America and made Brazil into superpower country.
More interesting than the article itself are the comments through which European FUD (Fear Uncertainty and Doubt) are dripping through.
Just look how he won the Olympic bid. The IOC chose Rio de Janeiro on the basis of Rio’s strong technical bid and long-term aspirations of the future. The IOC continues that the games will be “good for Rio de Janeiro”.
Let’s turn that upside down: showcasing Brazil through the Olympics could teach the world some important lessons.
Tags: lula da silva, lula homme de l'annee
December 26th, 2009 - one response
The Vinlanda projects Le Jardin & Moradas da Ilha were featured in Diario Catarinense, Santa Catarina’s biggest newspaper.
The official launch event for both projects is foreseen in March, at which the new project Maresias in Cacupe will also be presented. Yet today only 1 unit remains for sale in Le Jardin and 2 in Moradas da Ilha.
Both Le Jardin & Moradas da Ilha are located in Santa Monica, a priveleged neighborhood of Santa Monica.
Tags: casa le jardin, moradas da ilha
December 25th, 2009 - one response
Brazil’s property market is set to become one of the hottest markets in 2010. The country is one of the world’s fastest growing economies, its foreign direct investment has increased and Brazil will host the 2014 soccer Worldcup and the 2016 Olympic Games, which will bring a boost in infrastructure.
Brazil property specialist, Colordarcy, has see Brazilian property enquiries raise by 60% since the Olympic announcement. The company has responded by launching a consultancy service to help clients to source the best real estate deals in Rio de Janeiro. Loxley McKenzie, CEO of Colordarcy predicts an annual increase of 20% pzer annum until the Olympics of 2016.
Mortgages will soon be available to international buyers and this will create a further boost to Brazil’s property market.
The US real estate Tycoon Sam Zell focused a great deal of his 2008 and 2009 on Brazil after his disastrous buyout of Tribune Co; amongst other Zell bought a 19% stake in the Brazilian Gafisa SA.
Indeed, the mortgage to GDP ration in Brazil stands at 3% today (zee below graph to compare with other countries).. Zell thinks this needs to be in double digits, adding that this could happen within 3 to 5 years. In Mexico that figure now stans around 12%; Zell thinks within 3 years the Brazilian mortgage/GDP ratio will grow to the same level as Mexico.
Tags: brazilian mortgages, Samm zell brazil
