Great Prospects for Investment in Brazil Construction Materials

by

Roosevelt Potter

Prospects for investment in construction materials in Brazil look excellent at least until 2016. Industry experts are predicting annual sales of at the least R$146. 5 billion on the next five years. ABRAMAT expects an annual average of R$230 billion to remain spent on property investment in Brazil between 2011 and 2016. In tandem with this particular, construction materials will typical sales of R$146. 5 billion on a yearly basis (R$104 billion in basic building materials and R$42. 5 billion with finishing materials).

Altogether, ABRAMAT predicts an 8. 8% growth in manufacturing materials sales in Brazil this year. For the next a few years, the Association forecasts that sales will increase by 48%.

This latest report into construction supplies confirms the huge probability investment in Brazil\’s constructing industry. The inexorable demand for property from Brazil\’s ever-increasing households means that demand for construction materials will also continue on a steady upward trend. Investment in this niche market therefore makes sense.

The new owners, Connexion Asset Number of Lakewood, CO, need to treat a backlog of deferred maintenance and a low occupancy rate to stabilize the property. They have a successful track record of turning around failed means, which is why they were selected from the 15 bidders relating to the offering.

Earlier this summer Advenir, a Florida-based the property market company, bought the 220-unit Briarglen Apartments for $16. 3 million, or $74, 000 some sort of door. They have announced plans to purchase up to 2, 000 units in the Denver and Colorado Arises markets. Chief Acquisitions Manager Todd Linden says, \”\”We think, long-term, Colorado is a great state to invest in. There\’s going to be a whole lot of job growth there. \”

Afre the wedding of September they ordered the Cheyenne Crossings Apartments for $19. 5 million, coming in at over $85, 000 per unit for the 220 units.

Seagate Buildings of California now carries a Denver office and hopes to build their Front Range account to 2-3, 000 devices. They already own a couple of smaller apartments in downtown Colorado Springs, and really purchased the 115-unit Fillmore Form Apartments for $2. 8 thousand thousand, or just over $24, 000 some sort of door.

After years of minimal multifamily development, several brand-new projects are under process, or awaiting final approval.

Grading has already been underway at the corner of Woodmen Road and Union Boulevard, where Denver-based Southwestern Investment Advisors and Utah-based Talos Holdings have teamed as many as build a 230-unit luxurious apartment complex.

In place north in Monument, local group Vision Advancement has begun a 177-unit complex and at the south end of village, long-time local developers, that Nor\’wood Development Group, has broken ground to the 240-unit Mesa Ridge Residences. This project is in close proximity to Fort Carson, which should continue to add troops coming again from tours in Afghanistan, along with the aviation brigade, expected to reach with their helicopters and support staff in 2013.

In the east side of city, near Peterson Air Pressure Base, there is a large mixed-use project in the planning stages that might include 450 apartment units additionally two military office buildings, restaurants and retail room or space. It will be near the intersection of two key arterials, Powers Boulevard together with Airport Road.

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