RBR bets on countercyclical investments
Countercyclical investments in the real estate market are the bet of RBR Asset Management. The intention is to take advantage of opportunities to acquire ready-for-occupancy commercial offices to be leased out, and land at prices considered more attractive than in recent years. According to Ricardo Almendra, managing partner at RBR Asset, it is difficult to think of a significantly better situation for the real estate market until 2018. In addition to the portfolio under management, the new fundraising is focused on purchasing commercial properties for income and on offering credit to developers with real estate assets as collateral, as well as partnerships in real estate development. Currently, although RBR relies only on resources from local investors, there are talks to attract foreign capital as a long-term profile.