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By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – On Sunday, May 13th, a derelict former IBGE (Brazilian Institute of Geography and Statistics) building, located in Mangueira, in Rio’s Zona Norte (North Zone) was personally detonated by the Mayor...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest FipeZAP Index, which tracks residential real estate sale prices in Brazil's twenty biggest cities, prices remained relatively stable in June, registering a marginal decline of -0.15...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Conditions at Rio's Vila Pan-Americana (Vila do Pan), the residential apartment complex in Barra da Tijuca originally built for the athletes of the 2007 Rio Pan-American Games, has deteriorated significantly,...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to the latest FipeZAP Index, which tracks residential real estate sale prices in Brazil's twenty biggest cities, prices remained relatively stable in April, registering a marginal decline of 0.01...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday, March 20th, Carvalho Hosken, the construction company behind the Olympic Village in Barra da Tijuca, revealed that the athletes’ residences at the huge complex are currently undergoing a...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The new Cities Minister in Brazil, Bruno Araujo, revoked on Tuesday (May 17th) a government order that would allow state-run bank, Caixa Economica, to authorize the construction of up to...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Tuesday, May 10th, the São Paulo State Housing Syndicate (Secovi-SP) released the results of its most recent survey showing that new housing sales in São Paulo for March 2016...
By Georgia Grimond, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The price of real estate in Brazil rose on average only 0.53 percent over the twelve months to March, according to the FipeZap index. It is the smallest increase...
By Georgia Grimond, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – As Brazil is rocked by political uncertainty and alarmed by a shrinking economy, canny investors are turning to the country’s real-estate market in search of a bargain. Companies are...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The federal government of Brazil invested over R$250 billion in the PAC (Growth Acceleration Program) in 2015, according to officials, the equivalent to 24.2 percent of the total to be...
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