Optimism. This was the tone set on the debates at the Cityscape Latin America conference, one of the largest international events focused on real estate investments in the region, organized by Informa Group. During 3 days, more than 250 executives, among them developers, engineers, architects, investors and real estate market agents from Brazil and abroad participated at the event in São Paulo.
Featuring some great speakers and industry experts, the conference’s agenda focused on relevant discussions and key issues including investments, perspectives, macroeconomic scenarios, funding, understanding Brazil’s complex legal and regulatory environment and capitalizing on the rapid expansion of Brazil’s real estate market.
At the official opening, the senior manager for the Project Finance Group from Ernst & Young, Luiz Cláudio Campos, highlighted the relevant timing to bring Cityscape to South America because it coincides with the booming on real estate market in the region. According to Campos, consolidation in the real estate market is an indication of how a strong economy is capable to transform a favorable scenario into a virtuous cycle.
To address the Brazilian macroeconomic scenario, Cityscape South America invited Gustavo Franco, Rio Bravo’s partner and executive director. In his speech, the former president of the Brazilian Federal Reserve presented analysis that confirmed the favorable market conditions Brazil is experiencing.
The winds for real estate investments in Brazil are favorable. Gafisa’s CEO, Wilson Amaral demonstrated why the company was chosen to receive U$ 500 million of investments from Equity International, managed by the mega-investor Sam Zell.
At the last day, successful stories were presented by leading real estate companies, such as Tenda, Cyrela and Tishman Speyer.
Shop Window for Best Practices and Market Stars
Gafisa, Cyrela, Tenda, Cushman & Wakefield, Tishman Speyers, Abyara, Rossi Residencial, Método Engenharia, Colliers International, Racional Engenharia, Premo, Masa, Tecmac, Company, among others were present at the event either represented by their CEOs, CFOs and directors or with elegant exhibiting spaces sharing experiences and seeking for best practices in the market .
According to Zoraide Stark, Regional Director of Cityscape, feedback from sponsors and exhibitors had been extremely positive and they already consider Cityscape Latin America as a “must attend” event in the region. “Our objective is to expand Cityscape throughout Latin America where developers and key players in the real estate market will be able to meet and network with international and local investors from Argentina, Chile, Brazil, Mexico, Panama, Peru, Uruguai, etc.”.