In 2009, many people had high hopes when the Brazilian
government announced their plans for the Minha Casa, Minha Vida (My House, My
Life) Brazil programme. This housing initiative promised to address the growing
shortage of homes in a country that is expected to see 16 million needed by
2020. Unfortunately, mismanagement and red-tape seemed to doom the project to
failure early.
Fortunately, Anthony Armstrong Emery was paying
attention. The businessman and world traveller had already built a reputation
for himself, thanks to his real-estate company, EcoHouse Brazil. Mr. Emery has
developed EcoHouse Brazil into a company that today is worth close to £150
million. Part of his expertise is the country of Brazil. So when he saw the
Minha Casa, Minha Vida (My House, My Life) Brazil programme floundering, he
knew it meant a golden opportunity for EcoHouse Brazil.
The first issue he was sure of was that the government
was not holding up their end of the deal in terms of financing. He also knew
that banks in Brazil are covered in red tape. As such, EcoHouse Brazil has
raised up to £50 million since its inception solely from outside investors,
mostly from the Asia Pacific region and from Emery’s homeland, the UK.
This financing has given EcoHouse Brazil a substantial
edge over the competition. Simply put, while other firms wait for financing to
come through so they can finish, or even begin, their projects, EcoHouse Brazil
is already off to the races.
It’s not uncommon for EcoHouse Brazil to take a year to
finish construction on a building their competition needs two to three to
finish.
Given their success, EcoHouse Brazil seems poised to
continue its growth. Already at 1,000 employees operating out of their five international
offices, the real estate company has shown investors 15% returns within a year
thanks to Emery’s insight on the Minha Casa, Minha Vida Brazil programme. Those
who have invested for three years have seen 20% returns out of EcoHouse Brazil.
With so many issues of poverty facing the country,
EcoHouse Brazil is proud to be financing a difference. Thanks to EcoHouse
Brazil, many of the 16 million homes will be ready by 2020. Besides affordable
housing, families will be able to rely on enhanced security to lend them
further comfort.
As construction continues on the Minha Casa, Minha Vida
Brazil programme, EcoHouse Brazil plans to continue looking for opportunities
that help the country while providing returns to their investors.
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