Housetech Development Announces Growth Due to the Resilience of the Brazilian Commercial Real Estate Market

Rio De Janeiro, Brazil (PressExposure) February 21, 2012 -- The number of investable opportunities into the Brazilian Real Estate Market has proved highly beneficial for Rio de Janeiro based Housetech Developments in recent months. The Brazilian commercial property sector is one of only a handful in the world at present that is showing growth in the rental market during the first quarter of 2012.

The Royal Institution of Chartered Surveyors (RICS) highlighted the prominence of Brazil's Real Estate Market back in the final three months of 2011, identifying how it was growing in contrast to the rest of the world where many housing markets were experiencing a state of decline.

Waseem Saddique, CEO of Housetech Developments said: "in line with other statements we anticipate a continued rise in rental values here in Brazil and we are extremely excited about this as it continues to make the Brazilian Real Estate Market an attractive proposition for investors from all over the world."

In the current climate, only Canada has a Real Estate Market operating at a similar level to that of Brazil's. However, the Brazilian Real Estate Market features more projects designed to see continued growth. For Brazil to be experiencing this continued boom is great for the nation as a whole according to property professionals.

"Regardless of where they rank in the world, the growth is what is important" added Waseem Saddique. "As a housing development company, the opportunities to invest are greatly essential for us as a business and with more houses being built, we are able to invest in viable housing projects, increasing our portfolio and being able to rent out homes or sell them on."

Whilst it is widely recommended that thorough research is carried out before investing into the Brazilian Real Estate Market, many experts who have a sound knowledge of this sector are urging potential investors to consider Brazil as a 'safe option'.

For Housetech Developments at least, the continued demand for housing in Brazil has seen them invest into a number of projects and in return they have seen substantial growth in the company, particularly over the last 12 months. This is not just in the practical sense of growing the business, but the brand of the business is becoming much more recognised in the Brazilian Real Estate sector.

"2012 promises to see a continued growth of that stature", said Waseem Saddique. He added: "we look forward to the rest of the year and the foreseeable future with great optimism as the Brazilian Real Estate Market continues to remain resilient."

About Housetech Developments

Housetech is a specialist construction company. Our primary focus is to build affordable homes, which are not only built to a high specification but are also excellent value.

Housetech management team have developed various property types from upscale to mid-market and currently affordable homing. This allows us to utilise the knowledge and expertise from every project we have completed in the past to build homes in the future with quality workmanship.

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Press Release Submitted On: February 21, 2012 at 5:30 am
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