RIO DE JANEIRO, BRAZIL - The real estate investment fund (REIF) industry saw the launch in December of two funds specializing in residential real estate for rental.
The initiative is a novelty in the sector, traditionally based on corporate real estate - such as corporate buildings, shopping malls, and logistics warehouses - in addition to real estate credit tools.
Market players expect that the new asset class will become more common in the coming years. By 2020, there will be at least one new capture and one subsequent offer on the radar, as the report found.
Market players believe that residential rental will . . .