SiiLA Live: Real estate funds and the democratization of real estate investments in Latin America

This Wednesday June 2nd, SiiLA held a new edition of SiiLA Live, regarding real estate investment funds, known by the acronym FIIs in Brazil, REITs (Real Estate Investment Trusts) in the American market, and FIBRAs (Fideicomisos de Inversión en Bienes Raíces) in Mexico.

Colleen Minde, CEO of REIX; Giancarlo Nicastro, CEO of SiiLA Brasil; and José Carlos Alemán, CEO of SiiLA México, joined the debate to address FIIs democratization investments in the Real Estate market. Antonio Colindres, COO of REIX, mediated the live stream broadcasted from Mexico City.

Nicastro delivered an overview of real estate funds in Brazil, talking about the diversity of funds existing in the country and other particularities of the profile of investors and the local market. The CEO of SiiLA Brasil also pointed out that it is a promising market: “FII investors still represent less than 1% of the Brazilian population and investment return rates are between 7% and 9%, which is why people are increasingly looking for this alternative as a form of investment”.

For Alemán, the prospect of growth in the investment market in real estate funds in México is also positive. “We are optimistic about the potential of this market, with the popularization of access to information and platforms”, said the CEO of SiiLA México. However, the executive recalled that it took two years to develop FIBRA Analytics, a tool in which it is possible to verify the performance of assets, for comparisons and to make bold decisions.

“We are at a crucial time for the commercial Real Estate market, and, more than ever, it is vital to have accurate and reliable information to make data-driven decisions,” added Colindres.

Finally, the CEO of SiiLA Brasil highlighted the importance of transparency in the segment, allowing customers to understand what is behind the numbers on the platform, following the movements and extracting what is necessary to make investment decisions, within reach of the palm of their hand, with the smartphone itself. “We are proud to engage in the transformation of the Real Estate market in Latin America,” he said.

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