3. Brazil takes off “ Sometime after 2014 Brazil is likely to become the world’s fifth-largest economy, overtaking Britain and France. By 2025 São Paulo will be its fifth-wealthiest”. The Economist, November 12th 2009 Countries that provide the best Opportunity For capital appreciation: 1. U.S.; 2. Brazil; 3. China; 4. UK; 5. India Source: Association of Foreigner Investors in Real Estate - AFIRE

7. Felipe Cavalcante President of ADIT Association for the Real Estate and Tourism Development [email_address] www.aditnordeste.org.br THANKS!

8. Population, families and housing

9. Brazilian population pyramid - 1950 / 2030

10. Brazil´s growth

11. Goldman Sachs projected growth trend vs. real trend In a 2003 paper, Goldman Sachs introduced the term BRIC. Within the papers assumptions, they fixed Brazil´s growth rate at 3.6%. We present the actual vs. the progected growth rates.

12. Transformation of social classes 2003-2008

13. Family distribution by income group

14. Housing shortage by region and components in 2005 (residences in thousands)

16. A market comparison: 2007 and 2030 (in R$ Billion)

17. Annual residential property investments

18. Total FDI vs. Real Estate FDI

19. What is Brazil´s interest rate tendency?