Real-estate firm Hines celebrates 25 years in Brazil this year by adding to its already diverse portfolio focused on for-rent residential. A combination of high property prices in São Paulo and a younger generation with different priorities drove the decision to focus on this new business line.
The company has a number of existing properties in the multi-use and logistics space, including São Paulo-located Eden Park, a development launched in 2022 consisting of office, residential for rent, and condominium buildings, as well as a retail mall.
“The projects offer an alternative in urban mobility and a superior quality of housing and use,” says Antonio Ferreira, Hines Brazil’s country head.
Two further mixed-use developments are planned for 2024, which will include a corporate tower, described by the developer as "state-of-the-art", as well as two residential buildings, in the Avenida Chucri Zaidan district.
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