Nordeste Invest 2009 generates R$ 457 million worth of investment capital in Brazil’s Northeast

Nordeste Invest (www.nordesteinvest.com) generated R$ 457 million worth of investment capital for the Northeast region of Brazil. Over 100 businesses which participated in one-to-one meetings at the event have subsequently formed partnerships with an anticipated value of over £142 million. End Quote

(1888PressRelease) May 07, 2009 - The fourth annual business-to-business tourism and real estate event was held at the Maceió Convention Center, in the state of Alagoas from 31st March till 2nd April 2009. Many of the UK companies which attended this year’s conference and have already formed partnerships with Brazilian companies include Salamanca Capital from London, Kapital International from Scotland and Property Frontiers in Oxford.

UK press attending this year’s event included: The Financial Times, Money Observer, the Spectator, The Times, Property Investor News as well as international titles like Destinations of the World News and Portuguese Diario Economico.

Other facts about NI 2009:
• 1320 participating exhibitors and collaborators;
• 105 international investors, of which 73 were funded by ADIT Nordeste and APEX Brazil as delegates from countries such as: Spain, Argentina, Portugal, Ireland, Scotland, England, Italy, Singapore, Switzerland, France and the United States;
• 22 panels and 92 speakers;
• 24 international journalists representing main vehicles from Spain, Portugal and England;
• 48 stands in a 4,000 square meter exhibition area;
• 339 scheduled business meetings
• R$ 457 million worth of investment start-up capital at the Business Round

Ben Jefferis of Property Frontiers, one of UK’s most active emerging market real estate agencies, says: “We consider Brazil to be one of the destinations where it is possible to invest in real estate with good return conditions because of the region’s market’s growth projection.” Eden Overseas Property, another British real estate agency, experienced in dealings with Europe, Africa and the Americas has the same evaluation. Director Alison Akinrinlola says: “if there is a place to maintain second residence real estate investments alive, the place is Brazil.” This confidence stems again from the region’s economic and political stability demonstrated over the last years.

US based Colony Capital, one of the biggest real estate private equity companies in the world also attended and looked for partners in the Northeast to expand their investments in Brazil. The company generated 11 private equity funds, totalling US$ 39 billion in investments with assets in hotel chains such as Accor Group. Colony Capital is interested in luxury residences, hotels, buildings, offices and condominiums.

Nordeste Invest was held for the first time in March 2006 when representatives from more than 300 national and international companies attended to define strategies for the region. The second event was held in Salvador Bahia consolidated the event as a meeting point for international investors.

R$ 2.4 billion of investment (£727 million) was generated at the third Nordeste Invest in 2008 gathering 1,200 business people of 17 different nationalities at the Convention Centre of Recife, Pernambuco . EMBRATUR, the Government’s Tourism division, pledged over £2 million to the region at the event.

ADIT Nordeste is headed by President, Mr Felipe Cavalcante. Its main activities involve the organisation of the annual Nordeste Invest event, participation in international investment shows and organising Buyer and Image projects which offer investors and media respectively the opportunity to learn more about the region.

For further information about the Nordeste Region, photos, members directory and case studies, please contact ADIT Nordeste’s representative in the UK, Tideway Communications on+ 44( 0)20 8878 0787 (kerry ( @ ) tidewaycommunications dot com) or ADIT’s head office in Maceio, Alagoas on +55 82 3327 3465 nordesteinvest ( @ ) aditnordeste dot org dot br

www.nordesteinvest.com

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