Argentine construction tycoon Jorge Pérez says real estate prices in São Paulo are ridiculously low

The Miami-based president of The Related Group estimates that the sector will continue to grow in the capital São Paulo in the coming years.

RIO DE JANEIRO, BRAZIL - Jorge Pérez, Argentine billionaire of Cuban-Spanish descent based in Miami, and president of 'The Related Group', intends to increase his investments in the real estate market in São Paulo.

As one of 'Parque Global' partners, which is being developed in São Paulo's South Zone, Pérez will return to Brazil in October to develop more exceptional projects. With investments in the United States and Latin America, the businessman believes the sector will continue to grow in São Paulo's capital in the coming years. . . .

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