IBOV 185,992.03 ▲ 0.24% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,684.18 ▲ 0.28% MERVAL 3,061,512 ▲ 1.08% COLCAP 2,521.85 ▲ 0.40% BVL PERÚ 58,965.05 ▲ 1.80% USD/BRL5.12▼ 0.57% USD/MXN17.16▼ 0.54% USD/CLP960.65▲ 0.54% USD/COP3,154▲ 1.02% USD/PEN3.37▲ 0.46% USD/ARS1,510▼ 0.21% USD/UYU40.20▲ 3.11% USD/PYG5,888▲ 2.09% USD/BOB9.75▼ 12.91% USD/DOP58.97▲ 0.20% USD/CRC444.45▲ 2.53% USD/GTQ7.63▲ 3.11% USD/HNL26.85▲ 3.22% USD/NIO36.62▲ 2.69% USD/VES845.33▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.56% EUR/BRL5.88▼ 0.79% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,992.03 ▲ 0.24% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,684.18 ▲ 0.28% MERVAL 3,061,512 ▲ 1.08% COLCAP 2,521.85 ▲ 0.40% BVL PERÚ 58,965.05 ▲ 1.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Friday, September 18, 2026

Latest News Life & Society

Property Invasions and Extortion Attempts Unsettle São Paulo

By · April 24, 2024 · 2 min read

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “The Fed raised. Brazil cut, four hours later.”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Recently, the neighborhoods of Pacaembu and Perdizes in western São Paulo have faced numerous property invasions.

These incidents often lead to demands for large payments from property owners.

The targets are usually unoccupied homes, duplexes, and buildings, creating insecurity in these areas.

From January to April, the 23rd Police District in Perdizes recorded at least five cases of property boundary violations.

Intruders took over private properties partially or completely. Local police and the Public Security Secretariat are investigating to identify connections and assess this trend.

In some cases, property owners have been asked for up to $20,000 to recover their properties.

Property Invasions and Extortion Attempts Unsettle Sâo Paulo - Perdizes.
Property Invasions and Extortion Attempts Unsettle Sâo Paulo – Perdizes.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Those who refuse to pay must endure lengthy legal processes to reclaim their rights, often facing significant delays and costs.

One notable incident occurred on Apiacás Street, where an unfinished eight-story building was occupied.

The building, halted in mid-construction, was taken over by the Housing Struggle Front (FLM), a group advocating for housing rights.

This case was unique as it did not involve extortion. The occupiers, evicted from a northern São Paulo project since October 2022, sought shelter instead of financial gain.

Geni Monteiro, an FLM leader, declared their action was a response to the dire needs of about a hundred families. She emphasized the focus on single mothers who lacked homes.

The Apiacás building, seized last year, remains under bankrupt Atlântica Construction, highlighting São Paulo’s property and economic issues.

As invasions persist, residents have bolstered defenses and established networks for sharing crucial security details.

This joint action emphasizes the critical need to tackle housing and property rights challenges, revealing São Paulo’s urban complexities.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.