Commercial real estate deal volume in Brazil will increase markedly in the second half of 2016 and early 2017, as owners realize the country’s recovery will take a long time and valuations need to be written down.
John Druckman, principal and managing director of advisory firm Fontis Capital Group says opportunities are emerging in Brazil, but for owners the light at the end of the tunnel is a “long way away” and pricing expectations need to be adjusted in response.
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