Rise in asian hnwis boosting brazil property

The number of High Net Worth Individuals (HNWIs) in the Asia-Pacific region is booming - and Brazil's property is enjoying the benefit.

The 2014 World Wealth Report has revealed that those classified as holding investable assets in excess of US$1 million in the Asia-Pacific region has increased by 17.3 per cent, the largest percentage worldwide.

The impact of this growth has huge repercussions worldwide. One way in which this is having an effect is in the increasingly global vision of such HNWIs, with a 25 per cent upsurge in the numbers of those looking outside of their home country for allocation of their wealth.

Leading Brazilian real estate developer, Ritz Property, has found exactly this in recent years, especially when it comes to HNWIs from the Asia-Pacific region.

Each month, the company hosts at least two grand-scale events at prestigious venues in Singapore, which provide interested businesspeople with detailed information about property investment opportunities in North East Brazil.

The success of these seminars highlights the global vision of HNWIs from the Asia-Pacific region, as Ritz Property Group Sales Director, Andrew Thompson explains: "Here in the North East of Brazil, we have certainly seen first-hand the impact of growing wealth in the Asia-Pacific region, hosting over a hundred Singaporean investors during the World Cup for example.

"Our monthly property investment seminars in Singapore have proved extremely popular with those looking to capitalise on the potential growth offered in and around the city of Natal. So successful have these events been in fact that we are actively expanding our network to other key cities in Asia."