Background Note | HBS Case Collection | February 2007 (Revised June 2007)

Brazilian Real Estate Market

by Nicolas P. Retsinas and Luke Ingles


From the late 1990s to 2004, Brazil had a reputation as a burgeoning market for foreign investment across many asset classes. Classified as one of the top emerging markets by Goldman Sachs' BRIC (Brazil, Russia, India, and China) Reports, the country has exhibited attractive fundamentals that excite many investors. Investigates the fundamental characteristics of the Brazilian economy, politics, and demographics as they relate to the real estate industry. In addition, explores the current status of property types within Brazil and markets of interest around the country.

Keywords: Markets; Property; Brazil;


Retsinas, Nicolas P., and Luke Ingles. "Brazilian Real Estate Market." Harvard Business School Background Note 207-095, February 2007. (Revised June 2007.)