RE: Fronting?5 Dec 2016 16:49
Also strongly recommend googling "Universal Properties Brasil Administracao de Imoveis Ltda", fifth hit seems to be what we've bought.
"Universal Properties Real Estate works with the finest Legal, Financial, and Technical Agents in the region to facilitate your business needs for investing in Brazil. We are specialists in Bahia Real Estate Developments, and focus on commercial land and city plots for the development of tourism related projects. Brazil is fast becoming one of the most desirable places to purchase Real Estate for personal use and pleasure or for investment purposes. We also work extensively in the states of Rio Grande do Norte (Natal) and Maranhão (São Luís) in the North-East of Brazil."
Names of the company's proprietors are:
Martin Brink (Twitter @BahiaInvestment, LinkedIn Martin Brink, MBA) - Previously MD of LSE:VIR, he's the MD of at least 3 other Brazilian companys now.
Eddy Loomans (less on him, but its easy to find).