Investing private equity in Brazilian property offers an attractive return and aids the development of low-cost housing in the country, it has been claimed.
“We are very confident that there are still significant profits to be made in the property market in Brazil,” said David Palumbo, director of Origen Private Equity Ltd.
“Impact investing can deliver high, consistent returns to investors and at the same time have a positive and measurable social impact,” he explained.
Mr Palumbo suggested that investing in some of the poorest areas of Brazil, such as Natal, helps bring the residents into low-cost affordable housing and gives them a sense of belonging and dignity.
He said that investment in Brazilian property remains attractive as there is a massive pent-up demand for housing as well as a young, growing population, many of which are moving rapidly into the middle classes and are able to afford homes for the first time.
Alternative Asset Analysis (AAA) echoed his sentiments, suggesting that impact investments generate good returns and make a difference to the lives of the local community.
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