Sequóia Properties has seen business lines expand, starting with real estate management. In 2021, there were 349 residential and commercial properties under its management, valued at R$560 million. A year later, there are 450 properties, which together are worth R$ 770 million. The expansion rose organically, attracting wealthy people and family offices searching for professional management of their assets.
With high-interest rates, many investors took resources from the financial market to invest their money in bricks, a trend that should continue in the coming quarters, according to the CEO of Sequóia, Joaquim Azevedo.
Portfolio includes from school to warehouses, including apartments
The portfolio under the management of the company contains several units: i.e. the building in which the Lourenço Castanho School operates in Vila Nova Conceição; a building with 44 furnished apartments for rent in Pinheiros; and an industrial warehouse leased to Total Química, in Embu das Artes.