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2 clusters · 4 sources · 13 days · First seen · Last updated

Real estate auctions in Brazil

Overview

Real estate auctions are being conducted extensively across Brazil, involving both private platforms and municipal entities.

In August, the Zuk platform initiated auctions for over 1,190 residential, commercial, and rural properties across all 27 states, featuring assets from major financial institutions like Itaú Unibanco, Bradesco, Santander, and Banco PAN. Concurrently, the City Hall of Ubá launched an online auction for 28 municipal properties to reduce maintenance costs and fund infrastructure projects.

By early September, auction activity continued with significant price reductions. Zuk reported auctions in Rio de Janeiro offering discounts of up to 81% on various lots. Additionally, Santander launched an online auction for 198 residential properties across more than 20 states and the Federal District, offering discounts of up to 82% off appraised values, with a heavy concentration in São Paulo and Rio de Janeiro.

Entities

Brazil · Bradesco · Zuk · Santander · Itaú Unibanco

Timeline

  1. 9 days ago

    [BUSINESS] 2 sources
    Real estate auctions in Brazil offer up to 82% discounts

    Real estate auctions in Brazil are offering hundreds of properties with discounts of up to 82%, led by Zuk in Rio de Janeiro and Santander across more than 20 states.

  2. 22 days ago

    [BUSINESS] 2 sources
    Real estate auctions expand across Brazil

    Real estate auctions are active in Brazil, featuring over 1,100 properties via Zuk and a 28-property municipal sale by the City Hall of Ubá.

Sources

ademi.org.br · bpmoney.com.br · marcelolopes.jor.br · spacemoney.com.br