Join our mailing list for Real Estate News, Events, Insights & Resources.
Votorantim invests in real estate and targets other assets
- The company took the time to get its business in order, making a major adjustment to the asset portfolio.
04/09/2021
In its strategy of growth and diversification of businesses and geographic areas, the Votorantim group starts to explore new areas. The company took the time to get its business in order, making a major adjustment to the asset portfolio. It moved away from steel in Brazil and disposed of cellulose with the sale of Fibria and other smaller, non-strategic assets. The objective is to control businesses, in addition to current ones, that guarantee income, such as real estate, and low volatility, in the case of energy, and greater weight of revenue in strong currencies: dollar and euro.
After expressing interest in entering the real estate sector and after analysis, the company created Altre, a company that will manage a platform to develop commercial and office projects, horizontal subdivisions and urban transformation projects. Votorantim's youngest company already has a team of 17 professionals.
Source: Valor Econômico
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026Investments
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target
Market Trends
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why
Trusted by Leading Publications
EXCLUSIVE CONTENT
