Brazilian Startup ‘QuintoAndar’ More Than Doubled Revenues in 2020; Seeks to Repeat in 2021

The Startup covered R$50 million in arrears to tenants during pandemic. In 2021, the focus is on the purchase and sale of properties beyond São Paulo and Rio de Janeiro.

RIO DE JANEIRO, BRAZIL - Property rental, purchase, and sale website QuintoAndar felt the same desperation and hopes as the whole real estate market throughout 2020. But, as in every venture that follows the startups' philosophy, the reaction was swift - and the growth pace soon attracted attention once again.

In this year . . .

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