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Brazil Property News: Bric nations boom
23rd June 2008 04:22
The Bric countries' booming performance is causing investors to increase their allocation to emerging markets, it has been reported.
When Goldman Sachs invented the phrase the Bric (Brazil, Russia, India and China) countries in 2001 it predicted the four would account for ten per cent of world gross domestic product by 2010 – they currently comprise 15 per cent.
The firm is now reassessing its predictions due to the strength of the nations' investment potential, according to the DowJones Financial news.
"Brazil's equity market rose by 369 per cent [in the six years since the prediction]," the report said.
Those considering buying property in Brazil could be interested to hear the nation is exceeding international predictions on the strength of its potential as it suggests it is a wise choice for investment.
Last week, the Motley Fool revealed the country's market is a star performer and is expected to continue enjoying growth despite a recent drop.
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- Brazil's population boom
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- Unemployment hits record low
- GVF: Brazil's middle class booms
How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
- Why Brazil is now the best place for property investment
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal, Pipa and Bahía
- Brazil buyers guide
- More about uv10, your dedicated Brazil property specialist
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To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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