RIO DE JANEIRO, BRAZIL - The federal government expects to raise R$6 (US$1.5) billion in 2020 from the sale of its real estate holdings.
The forecast is to raise R$3 billion from the auction of 425 properties, including land, apartments, houses and stores, and the remainder from the sale of a portion of 100,000 plots of land under an outdated "forum" regime (similar to a a perpetual lease).
Under these "forum" contracts, citizens . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here