Since 1993, the Brazilians real estate investment funds congregate, currently, about R$ 2 billion applied in about 60 funds, that they invest in hotels, shopping centers, commercial buildings, schools, land divisions, etc. These funds are investors condominiums, similar to other funds, managed by financial institutions and check by the CVM. The main meaning is to apply resources in the development of real estate enterprises or ready properties. In Brazil the real estate investment funds are exempt of taxes, also Income tax. The
Elo Engenharia though its Know-how in the real estate market helps in the formation or the option of investment in this investment segment.
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