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 Q2 2024, according to GlobalData’s construction projects database.
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1. Lindenberg Ibirapuera Residential Complex
The project involves the construction of a residential complex on 1ha of land in São Paulo.
Construction work started in Q2 2024 and is expected to be completed in Q2 2026.
2. Vista Granja Julieta Residential Complex
The project involves the construction of a residential complex on a 0.45ha area in Granja Julieta, São Paulo.
Construction work commenced in Q2 2024 and is expected to finish in Q4 2026.
3. Pinheiros Quartier Capote Residential Complex
The project involves the construction of a residential complex on a 0.24ha area in São Paulo.
Construction work started in Q2 2024 and is forecast to complete in Q4 2027.
4. Porto das Dunas Residential Complex
The project involves the construction of the residential complex in Porto das Dunas, Ceará.
Construction work commenced in Q2 2024 and is expected to be completed in Q3 2028.
The objective of the project is to provide better living facilities in the region.
5. Cidade Jaguare Residential Complex
The project involves the construction of the Cidade Jaguare Residential Complex on a 0.73ha area in Jaguaré, São Paulo.
Construction work started in Q2 2024 and is expected to be completed in Q1 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.
