An in-depth article appeared on Brazilian business magazine EXAME – it discusses what it seems like the final stages of a huge commercial real estate bubble in Brazil.

Here from Google Translate:
“A survey of real estate consultancy CB Richard Ellis shows that foreign and domestic investors threw in 3.6 billion dollars for the purchase of office buildings in 2010, a record.

Besides them, thousands of individuals have applied some of their savings in “micro-offices” (“salas comerciais”), places that usually range from 50 to 200 square meters and are occupied by professionals.

Many of these buildings have been launched only recently and will be ready in the coming years. What nobody knows is whether there will be companies, doctors and lawyers willing to occupy those offices when they are delivered – or if too many investors will own a “hot potato” in their hands.”

Seen that story before. 
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