Squarestone Brasil Limited, the Anglo-Brazilian real estate development and investment firm, announced that it has, through its wholly owned subsidiary SB Brast Participacoes S.A., signed agreements with a leading Brazilian investment bank and a US private equity real estate group to fund and develop to completion Golden Square Shopping Mall.
James Morse, Chief Executive of Squarestone [...]

Brazil Hospitality Group (BHG S.A.) reported Tuesday the acquisition of two hotels in Belem, capital of the state of Para. The move adds another 190 rooms to its network and consolidates the company’s position as the third largest hotel group in the country. Through these acquisitions, BHG has now planted its flag in the north [...]

Brazil’s wealthiest man Eike Batista is reported to be mulling plans to increase the scope of his firm, REX.  The billionaire is planning to extend the capacity of REX real estate, part of the EBX group. The expansion is to focus primarily in the Rio de Janeiro state at first. The firm was established back [...]

Standard Life Investments Wednesday announced it had completed the acquisition of two additional investments in Brazil. The company said it had made the two acquisitions on behalf of its Select Property Fund and would undertake them at about 110 million Brazilian reals. Standard Life Investments said the two acquisitions, made up of two prime holdings [...]

The Brazilian government yesterday confirmed that property investors in the country may be banned from owning land. In the announcement, foreign real estate investors interested in owning land in the Brazil might face tougher restrictions as the Brazilian government clamps down on land ownership over food security concerns.
As such, buying land in the country could [...]