Análise da indústria de fundos de investimento imobiliário no Brasil

Abstract

This work aims to provide a broad approach about the real estate investment fund industry in Brazil. Shedding light on the theoretical debate related to the real economy and financial capital, we highlight the important role played by real estate investment funds in attracting resource directed to the real estate sector, contributing to the generation of jobs and income. To this end, a literature review was made in order to provide the reader with a broad view of the creation, evolution, types and main characteristics of real estate investment funds. Through a timeline, the main points to be observed in the creation and improvement of the legislation of real estate investment funds were addressed, as well as their advantages and risks considering the investor perspective. Finally, a performance analysis was carried out, comparing the profitability of real estate investment funds to other financial market indices, providing conditions for the investor to evaluate clearly and objectively the inclusion of real estate investment funds in their investment portfolio. Thus, it is concluded that real estate investment funds have proven to be a good investment option, mainly for small individual investors and a good financial instrument, capable of mobilizing resources quickly and efficiently for investments in the real estate sector.