According to GlobalData, the value of Brazil construction market is forecast to grow by 2.7% in real terms in 2024, having grown by 7.4% in 2023. A key growth market will be the infrastructure market, with output rising by 3.7% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five multi-family housing construction projects that commenced in Brazil in Q1 2024, according to GlobalData’s construction projects database.
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1. Inspire Dialogue Home Resort
The project involves the construction of a residential complex in São Paulo.
Construction work started in Q1 2024 and is expected to be completed in Q4 2027.
2. Baia Guanabara Residential Complex
The project involves the construction of the a Baia Guanabara residential complex in Porto Maravilha, Rio de Janeiro.
Construction work commenced in Q1 2024 and is expected to finish in Q2 2025.
The objective of the project is to provide enhanced living facilities in the region. Buy the profile here.
3. Bela Vista Prado Paulista Residential Complex
The project involves the construction of a residential complex on a 0.10ha area in Bela Vista São Paulo.
Construction work started in Q1 2024 and is forecast to complete in Q2 2027.
4. Forte Sao Lourenco Residential Complex
The project involves the construction of a residential complex in São Paulo.
Construction work commenced in Q1 2024 and is expected to be completed in Q3 2026.
The objective of the project is to provide enhanced living facilities in the region.
5. Joaquim Residential Complex
The project involves the construction of a residential complex on 0.34ha of land in São Paulo.
Construction work started in Q1 2024 and is expected to be completed in Q4 2026.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
