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Brazilian Real

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Brazilian Real
The currency of Brazil. It was introduced in 1994 following the Latin American economic crisis. It is currently a floating currency, though it was semi-pegged to the U.S. dollar for most of the 1990s. It suffered two different currency crises in 1999 and 2002, but has since become one of the stronger currencies in the region.
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Alpine International Real Estate has a 20% stake in locally listed Brazilian real estate companies.
HOMING IN ON BRAZIL by Lauren Young / BusinessWeek
Analysts said that the shift reflects the continuing recession resistance of beer, the strength of the Brazilian real, and the brewer's success in disposing of assets to pay down debt.
Goldman Sachs moves ABI to "neutral" from "sell" by Modern Brewery Age
Having committed over $300MM of equity to Brazilian real estate investments since 2006, the GoldenTree InSite team has shown a real understanding of, and commitment to, the Brazilian market.
GoldenTree launches $250M JV targeting Brazil by Real Estate Weekly
 
 
 
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