SkyRize - Ritz-G5

Issue 03 UK | September 2015
NATAL 5TH BEST PLACE
TO INVEST
RITZ-G5 3RD ANNIVERSARY
A PARADISE
CALLED MURIÚ
BEACH
WELCOME
Hello and welcome to the September 2015 issue of SkyRize,
the monthly newsletter exclusively from Ritz-G5.
The last few months have been especially busy and
prosperous at Ritz-G5 with the Asian office celebrating two
major milestones – the successful 3rd year of operation of
the office and the first Exit Payout for Palm Springs investors.
This occasion, which combined with the 50th anniversary of
the founding of Singapore, was marked by a glittering, well
attended event which you can read more about in this issue.
I am also delighted to announce that not one but two of
Ritz-G5’s projects, Costa Azul and Majestic Village, have been announced as International
Property Award winners 2015! These auspicious awards judge only the very best property
developments in the world and we are thrilled to have two of our stand-out projects be
named as Best in the Americas.
In keeping with our ethos of global partnerships, I am pleased to report that Ritz-G5 is now
a Premier Member of the Brazilian Chamber of Commerce for Great Britain. The Chamber
has been actively promoting trade and business between Brazil and the UK for over 70 years
and since joining in July, Ritz-G5 has already attended exclusive networking events and
cemented strategic partnerships for the future benefit of the Group.
Indeed Ritz-G5’s global presence is going from strength to strength with regular media
coverage secured in a range of titles including the South China Morning Post. Investors and
our affiliate friends are also welcome to join the Ritz-G5 community online through one of
our many social media channels.
But for now, please read on for the latest corporate news, market insight and project updates.
LuizFernandes
Luiz Fernandes,
Ceo Ritz-G5
Team
Sky Rize: Ritz-G5 | Board: Luiz Fernandes, Paul Telfer, André Elali | Directors: Arun Rama, Fernando Lessa,
Manuel Micó and Miler Reis | Designer: João Moura | Coordinators: Adriana Keller, Charlotte Ashton
Texts: Anastasija Tarasevic, Cíntia Da Hora, Charlotte Ashton, Nina Booty | Design Project: GR Design Editorial | Photos: Canindé Soares, Ritz-G5 Archive, Google Images
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RITZ-G5 CELEBRATES 3RD
ANNIVERSARY IN SINGAPORE
Celebrating Ritz-G5’s 3rd anniversary at the Shangri-La Hotel, Singapore
On Wednesday 12th August 2015, leading
Brazilian real estate developer, Ritz-G5,
marked its third year of successful operation
in Singapore with a glittering evening
reception.
The anniversary was celebrated by a
prestigious, invitation-only event held at
the stunning Shangri-La Hotel in Singapore.
Senior members from the global Ritz-G5
teams (based in Singapore, Brazil and the
UK), treated guests to an outstanding dinner
reception with first class entertainment and
high calibre speakers.
The event included a number of distinguished
VIP guests: Ambassador of Brazil in
Singapore, Luis Fernando de Andrade
Serra and his wife Mrs Rosana Serra; Deputy
Senator of the Federal Republic of Brazil, Mr
Jean-Paul Prates; Professor Macro Nobrega;
CEO of Shenton Holdings, Ms Helen Chong;
CEO of Ritz-G5, Mr Luiz Fernandes; Founder
of Andre Elali Law Firm, Mr Andre Elali;
Managing Director of Ritz-G5 Asia, Mr Arun
Rama; General Manager of Ritz-G5, Mr José
Henrique Azeredo; and Business to Lawyers
in São Paulo, Mr Rubens Gaspar Serra.
Held in conjunction with Ritz-G5’s authorised
marketing partner, Shenton Holdings,
around 1,000 investors, affiliates and
professional suppliers were in attendance.
The audience was truly international with
guests arriving from Singapore, Brazil, UK,
Thailand, Malaysia and Philippines.
Speaking at the glittering third anniversary
event, CEO Ritz-G5, Luiz Fernandes,
enthused:
“I would like to extend my congratulations
and best wishes to Ritz-G5 Asia, celebrating
tonight three successful years of operation
in Singapore. Working in partnership with
our clients is a core value at Ritz-G5, which is
why I am so delighted to be able to honour
our promises and deliver the first Exit Payouts to our investors in Palm Springs. Our
flagship project in Natal, Palm Springs, is
fully complete and has undoubtedly been a
success upon which we shall build upon in
the future. The past three years have seen
a great deal being achieved, but this is only
the beginning.
I thank you for your ongoing commitment to
Ritz-G5 and I look forward to presenting many
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more exciting and innovative investment
opportunities to you over the coming years.”
During the event, Ritz-G5 proudly celebrated
the exit pay-out to its Palm Springs investors
and presented clients with their first Exit Payout Cheques.
Bringing the evening to a close were the
final speakers from Shenton Holdings:
Group Sales Director, Andrew Thompson
and Managing Director, Alvin Leong. Mr
Thompson presented Ritz-G5’s proven
success story, its long business development
history and the company’s track record
comprising 21 completed projects over
the last 30 years. Awards won by Ritz-G5 in
2014 were also proudly brought to attention
as well as an overview of the exciting, new
investment opportunities with Ritz-G5.
For more information on Ritz-G5’s third
anniversary in Singapore, future events and
how to invest in our projects, please contact
the Singaporean team on +65 6432 6278 or
visit http://ritz-g5.com.
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BRAZIL TO RELEASE $65BN
INFRASTRUCTURE PACKAGE
Dilma Rousseff, Brazilian president announcing the infrastructure package
Brazilian president Dilma Rousseff has recently
announced an infrastructure package worth
almost $65bn. The government will sell new
concessions to the private sector, aiming to
strengthen partnership as well as confidence
between the two sectors.
Concessions will include 2,715 miles of
highways, as well as four large airports and
a number of ports and railways. The new
round of concessions will also include the
unfinished parts of the North-South railways
started some 30 years ago. Furthermore,
29 state-owned port terminals will open to
private sector organisations in Santos, the
country’s largest port as well as in the state
of Para, assisting to decongest Brazil’s busy
ports.
The new infrastructure package also
highlights previously agreed plans with
China to build a $40bn “bi-oceanic” railway
that will connect Brazil with the Pacific
through Peru. The new road to Asia will allow
easier access between Brazil and China, thus
reducing distance and costs.
Real estate developer Ritz-G5, based in the
NE city of Natal, is looking forward to the
new changes and improved infrastructure.
Ritz-G5’s CEO, Luiz Fernandes highlights the
positive effect they will have on the state of
Rio Grande do Norte in which the company
focuses,
“New concessions will offer the private
sector further opportunities for growth,
which in turn will benefit Brazilian people. As
our company is based in Natal, it is important
for us to give back to the region and its
people and it is great to see that private
sector organisations such as us will be able
to improve the country’s infrastructure and
consecutively, the quality of life”.
For more information on Brazil’s infrastructure
contact Ritz-G5 on +44 207 183 7565 or visit
www.ritz-g5.com
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RITZ-G5 ACHIEVES HIGHLY
ACCLAIMED AMERICAS’
AWARDS
Costa Azul Residential in Petrópolis, Natal
The results of the Americas’ stage of the
International Property Awards 2015-2016
have just been announced and Ritz-G5 is
justifiably proud to be among the winners.
Ritz-G5 competed against a number of the
region’s most accomplished developers to
receive this recognition for its two projects –
Costa Azul and Majestic Village in Natal, Rio
Grande do Norte, Brazil.
The level of awards it has won (either highly
commended or 5-star) will be revealed when
the official announcements are made at a
gala presentation dinner at the Hilton Hotel
Barbados on Friday, October 23rd, 2015.
The company may even go on to represent
their region in the final stage of the
competition later this year. If it has attained
the highest score in the two development
categories, Ritz-G5 will compete against
other winning companies from Asia Pacific,
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Town houses in Majestic Village condominium
Africa, Arabia, the UK and Europe for the
coveted crown of World’s Best Developer.
The awards are a major achievement for
Ritz-G5 as entrants are judged against a strict
set of criteria. Judging was undertaken by a
panel of over 70 experts from all over the
world and chaired by two active members of
the UK House of Lords: Lord Caithness and
Lord Best.
Ritz-G5’s CEO, Luiz Fernandes commented,
“We are absolutely delighted to receive such
wonderful news! It is great achievement to
be recognized by the International Property
Awards and we look forward to attending
the event.”
For more information on the award-winning
projects, contact the team on +44 207 183
7565 or visit www.ritz-g5.com
NATAL RATED 5TH BEST PLACE
TO INVEST IN BRAZILIAN
REAL ESTATE
Natal is a great place for investment in all types of real estate
Natal has been rated as the 5th best city to
invest in real estate in Brazil, according to a
recent business survey.
Based on the survey conducted by consulting
firm Prospecta Inteligência Imobiliária
(Prospects Intelligence Real Estate), Natal
was defined as a great place for investment
in all types of real estate (residential, hotel
and commercial).
100 municipalities were compiled showing
the potential for real estate investment
with Natal ranked the 5th best city in the
whole Brazil (the other top 4 positions are
dominated by the cities of São Paulo). Thus,
in the Northeast region, Natal ranks in the
top position, ahead of Maceió (8th) and
João Pessoa (10th).
Ritz-G5’s Brazilian Director of Marketing,
Fernando Lessa, pointed out that Natal
is a city with great characteristics and
attractiveness, and although it does attract
tourists and holidaymakers, it has a very
strong migratory pull too.
According to data collected by Prospecta
Inteligência
Imobiliária,
Natal
has
experienced a large increase in purchasing
power of the average citizen. The average
income of the economically active population
(EAP) in Natal has six times the minimum
wage (nearly R$ 5,000). The increased
purchasing power of the population nearly
always translates into the growing real estate
demand and prime assets.
In addition, the survey also revealed that, of
the top 5 best cities to invest in real estate in
Brazil, Natal has the largest housing deficit,
standing at 34.18%. Moreover, there is a
current opportunity to buy property in Natal
at highly discounted prices for overseas
investors. The Brazilian real fall has resulted
in a 12-year low against the British Pound, US
dollar, Euro and some other hard currencies.
For more information on Ritz-G5’s and how
to invest in our projects, please contact the
team on +44 207 183 7565 or visit
www.ritz-g5.com.
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THE TIME TO BUY IN BRAZIL IS
NOW AS REAL FALLS TO
HISTORIC LOW
According to latest news, the Brazilian real
has fallen to its historic low against US dollar,
trading now at 3.90 real to the dollar.
The news came amid Standard & Poor’s
downgrade of Brazil’s credit rating last week
but also against prospects of higher interest
rates in the United States. Although the real
has seen depreciation over the last year, much
of its recent decline has been triggered by
China’s equity turmoil and the devaluation
of the renminbi which have focused
market attention on emerging markets and
particularly commodity currencies such as
Brazil’s.
However, it is important to underline that
despite the downgraded credit rating from
Standard & Poor’s, the two other main
rating agencies, Fitch and Moody’s Investors
Service, both still rate Brazil as an investmentgrade credit.
And for overseas real estate investors who
use the US dollar, the news of a falling real
presents a unique and remarkable buying
opportunity. If the real is trading currently at
3.90 to the dollar, this means that real estate
in Brazil is now 66% cheaper than it was only
one year ago (in 2014 real traded at 2.35 to
US dollar).
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There is a widely held belief that the Brazilian
real is presently significantly undervalued.
Considering Brazil is one of the eight largest
economies in the world, with strong longterm growth potential, the value of the real
will almost certainly rise in the near future.
In fact, if we assume a very realistic scenario
that the real will appreciate once the Brazilian
economy starts recovering, to an average
10-year value against the dollar, the profit
gain will be once more highly impressive.
Luiz Fernandez, CEO of award-winning
Brazilian real estate developer, Ritz-G5,
comments,
“International investors should be far from
worries about the depreciation of the real
against the US dollar; in fact savvy investors
will see this as the perfect opportunity is it
to purchase a tangible asset in emerging
destination that, over the long term, is only
going one way – up!”
To find out more about Ritz-G5’s projects
and how to take advantage in the current
exchange rate and invest our properties
please contact the team on +44 207 183
7565 or visit www.ritz-g5.com.
RITZ-G5 JOINS BRAZILIAN
CHAMBER OF COMMERCE FOR
GREAT BRITAIN
Ritz-G5 CFO, Paul Telfer, and Brazilian General Manager, Jose Henrique, meet with Chamber Chairman, Jose Gornsztejn
Ritz-G5 is delighted to announce that the
multi award-winning company is now a
Premium Member of the Brazilian Chamber
of Commerce for Great Britain.
The Chamber has been actively promoting
trade and business between Brazil and the
UK for over 70 years. Its mission is to create
networking opportunities and help facilitate
trade between Brazilian and UK companies
as well as individuals interested in business
between the two countries.
The Brazilian Chamber of Commerce, Great
Britain has over two hundred individual
and corporate members ranging from
large multinational companies to smaller
businesses including individual consultants.
Business sectors include financial services,
energy, legal, hospitality and many more.
Standing members such as LAN TAM,
Milbank, Deloitte and Anglo American all
share business interests in Brazil.
In terms of events, the Chamber holds
approximately 20 events each year ranging
from seminars focusing on a large array
of topics such as the Brazilian economy,
security and joint ventures as well as large
networking events and social gatherings.
Some of the annual gatherings include the
auspicious ‘Personality of the Year’ Gala
Dinner, Reception at the House of Commons,
Summer BBQ and Christmas reception.
Ritz-G5 was invited to attend the Summer
BBQ Networking event this July. The chosen
venue overlooked the River Thames, coupled
by the great food and company all of which
created a superb networking atmosphere.
This event provided the perfect opportunity
for Ritz-G5’s CFO, Paul Telfer, and Brazilian
General Manager, Jose Henrique, to meet
the members of the Chamber, as well as the
Chairman, Jose Gornsztejn. Conversations
ranged from UK – Brazilian partnerships to
Brazil’s most recent economic development
news.
For more information about the Brazilian
Chamber of Commerce, Great Britain get in
touch with our team on +44 207 183 7565 or
visit www.ritz-g5.com.
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THE STORY OF
THE PIRAMIDE HOTEL
Located in a private, secluded beachfront
setting opposite the iconic Parque das
Dunas stands the Piramide Natal hotel. Its
unique pyramid shape makes it stand out
as one of the most prominent and bespokedesigned hotels in the area.
Standing directly on the doorstep of the
Atlantic Ocean Piramide Natal offers a
stunning sea view from each of its rooms. The
4-star hotel has 315 guestrooms and offers
luxury amenities such as a central sunken bar,
waterpark, 5 swimming pools, swim-up bar,
rooftop terrace, fitness centre and spa, two
restaurants and 24 hour concierge service.
In addition, conference facilities with
capacity for 2,500 delegates is located on
site marking Piramide Natal as the premier
private convention centre in Natal.
In 2015 Piramide Natal’s ambitious
refurbishment plans were announced by new
owners, award-winning local developers,
Ritz-G5. After the 12-month redevelopment,
the hotel will be granted the prestigious
title of Grand Mercure, first in Natal and join
the global Accor Group. Its doors are set to
open in Q1 2016.
The AccorHotels group, one of the largest in
the world is present in 92 countries with more
than 3,700 hotels. Currently Accor operates
in 10 countries across Latin America with 244
hotels.
Brazil remains a large focus of Accor’s
expansion plans in Latin America. Last year,
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49 new hotel contracts were signed in the
country worth 1.9 billion reais ($615 million).
This totals three quarters of its newest deals
in Latin America.
Furthermore, 50 new hotel contracts will be
signed this year in Brazil, including conversion
deals such as Piramide Natal. Accor plans
to have 500 signed hotels in South America
by 2020 which is almost double the Group’s
current properties.
Ritz-G5’s CEO, Luiz Fernandes, comments,
“We were thrilled to be offered an
opportunity to refurbish one of Natal’s most
well-known beach hotels, Piramide Natal
and work alongside the AccorHotels Group,
providing its extensive expertise of hotel
management. Becoming a Grand Mercure
will be a great honour for the Piramide and
the new changes will bring a breath of fresh
air to Natal’s iconic hotel.”
A PARADISE
CALLED MURIÚ BEACH
Muriú beach is just 20 minutes from Natal, the capital of Rio Grande do Norte
White sand, clean sea and palm trees, a
real place to call paradise. So is the quiet
Muriú beach, located on northern coast of
Rio Grande do Norte, in the municipality of
Ceará Mirim, 28 km from the capital city of
Natal.
To reach the paradise that is Muriu beach, the
main road is the BR 101 which is completely
paved but for those who prefer to go off
the beaten track then Jacumã, Puerto Mirim
and Barra de Maxaranguape beaches also
provide access to Muriú.
An obligatory stop for those taking buggy
rides, the paradise beach of Muriu enchants
tourists with spectacular sand dunes which
meet calm seas, excellent for swimming. At
low tide, there are several natural pools with
coral formations to visit just 1km from the
sea.
Keen divers can meet the famous “Buraco
da Velha” (Old Hole) and Muriú beach is also
famous for lobster fishing. The area is also
an ornithologist’s heaven with plover birds
migrating to the shoreline between October
and March.
Muriú beach is not only a popular vacation
destination but also a popular second home
location. Being so closely located to Natal
with easy road access to both the city and
the new international airport, a home in
Muriu beach is the ideal choice.
Just off the idyllic Muriu beach, Dunas de
Muriu, developed by Ritz-G5, is the new
extension to one of the most popular luxury
beachside condominium developments
in Natal – Palm Springs. This stylish and
contemporary luxury apartments are
inspired by the natural curves created by
the surrounding, sweeping sand dunes.
Residents can enjoy spectacular beach
and Atlantic Ocean views, as well as all the
trappings of a tropical oasis including natural
springs, spa, swimming pool, hot tub, sauna,
beach and football courts.
Prices start from £40,000 for a 1 bedroom
apartment with completion planned for
2019.
For more information contact the Ritz-G5
team on +44 207 183 7565 or visit www.
ritz-g5.com.
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RITZ-G5 IN THE PRESS
The experts at Ritz-G5 are frequently approached by the international media for their
opinions and insight into the Brazilian real estate market. Below is just a selection of the
most recent media coverage, click through to read the full articles online.
South China Morning Post:
Brazilian developer courts Asian investors with cheap assets amid recession
READ ARTICLE
OPP Today:
Brazil property sector gets triple boost
READ ARTICLE
Good Property Guide:
Property opportunities to win any World Cup
READ ARTICLE
TheMoveChannel.com:
Olympic Torch route set for Natal
READ ARTICLE
AMEinfo:
Middle Eastern interest on the rise as Brazil welcomes Arab investment
READ ARTICLE
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