The real estate sector is experiencing a remarkable surge in the number of companies, with recent data from the Brazilian Ministry of Development, Industry, Commerce, and Services (MDIC) indicating a staggering 110,000 new businesses in comparison to the last five years. A recent report by CNN Agora, part of CNN Brasil, highlighted this growth and revealed ample opportunities for aspiring entrepreneurs in areas such as property buying, selling, brokerage, and management.

According to the MDIC, over 26,000 real estate companies were established just last year. When we look back at the last five years, this number escalates to over 110,000 new players in the industry.

The report featured SiiLA as an example of a prominent company operating in this sector. Giancarlo Nicastro, CEO of SiiLA, shared insights into the company's origin, which emerged in 2015, primarily monitoring offices, industrial properties, and malls across Brazil. Today, the company provides comprehensive data and analyses for the commercial real estate market in Latin America, including statistics from Mexico and Colombia.

"Our primary focus has always been to establish a technology-driven company catering to a niche market, and that's how we began", explained Nicastro during the CNN Brasil interview. "Back in 2015, the number of real estate fund investors barely reached 500. Today, that number surpasses 2 million. The reason is simple - people now have access to data, information, and transparency", he added. One of the SiiLA solutions is tailored to cater to the investor community of Real Estate Investment Funds (FIIs) and was developed in collaboration with Clube Fii - the Fii DATA PRO.

According to the CEO of SiiLA, access to commercial real estate market data and transparency act as powerful catalysts for the sector's growth.

The report also featured Gustavo Favaron, CEO of GRI Club, who emphasized the significance of interactions between companies and executives in fostering the real estate industry.

"We realized the need to host gatherings throughout the year, with varying formats, timings, and points of contact", said Favaron.

Through partnerships with consulting firms, investors, and other key players in the real estate market, SiiLA has earned recognition and credibility as a reliable source. It plays a crucial role in assisting clients in making informed and intelligent business decisions. The SiiLA presence in Latin America has propelled transparency and efficiency within the regional real estate market through its data platform - Market Analytics, making it an indispensable tool for professionals and companies seeking prosperity in the ever-evolving real estate landscape.

Check the video here and visit the official CNN Brasil YouTube channel to watch other editions of CNN Agora.