Business Brazil

"Urbanization, the growth of the middle class and a greater offer of loans are propelling the real estate market in emergent economies while the rest of the world remains stagnant", affirms an article published on Tuesday in the Financial Times, the British financial daily paper.

According to a survey mentioned by the newspaper, the volume of business in industrialized countries has dropped 54% in the first trimester of 2008 in comparison with the same period of the previous year.

On the other hand, the study conducted by Real Capital Analytics and reproduced by the Folha da Tarde Newspaper says that the number of transactions in emergent markets has increased 43% in the first three months of the year.

"One of the emergent markets that attracts the most flow of investment capital is Brazil", affirms the article. "With over US$ 1 billion in business deals each trimester in real estate transactions, the country leaps ahead of other rivals in the region such as, Argentina, Mexico and Chile ".

Salaries are on the rise, inflation is low and the stable currency have stimulated the construction sector in the country, say the analysts interviewed by FT.

"Brazil is a good place to be nowadays.  The combination of a strong economic growth and favorable financial conditions make the country be a seductive place ", affirmed Sam Lieber, president of a real estate investment fund in the United States.