They say ‘seeing is believing’ – which is why Brazilian property developer EcoHouse Group is opening up its developments to investors to see progress for themselves.
By regularly posting development updates on its website and uploading photos of the flikr website, EcoHouse Group enables investors to see the progress of its social housing developments and says it operates with transparency and openness.
Ithas always refuted anonymous online posts that have cast doubt on the promised significant returns from its Minha Casa, Minha Vida investment opportunities, including the newly-launched Monte Alegre project and says investors are kept fully informed through talking with allocated agents, at investor meetings and website and newsletter updates.
Now, it has gone a step further, by opening its Brazilian social housing investment developments so some of its investors can see for themselves the company set-up, build quality and talk to residents.
The move doesn’t sound typical of a company that is looking to hide anything and certainly not the actions of anyone running a Ponzi scheme, as some critics have suggested.
EcoHouse Group has run several investor visitor trips, with the latest coming in April and it says more will come in future.
Its Brazil Division Chief Gabriela Medeiros, assistant Fabricio Camacho and Wandy Luz, PA to Chief Executive Officer, Anthony Armstrong Emery, showed six international investors around all its social housing projects in Natal and Porto Alegre.
After the investors had seen first-hand how their units were coming along, they sampled various tourist and cultural attractions in Natal and Porto Alegre, including visiting the German-style town of Gramado and the beautiful Cathedral of Our Lady of Lourdes,in Canela.
“Such was the investors’ enjoyment of their experience of Brazil that after the trip had finished they decided to stay on in Rio de Janeiro,” Gabriela Medeiros says.
“We are well aware of how popular these trips are and details of forthcoming trips available to investors overseas will follow in the not too distant future.”