Portfolio Real Estate

In 2010 HSI became the controlling shareholder of Cipasa Urbanismo, one of Brazil’s largest residential land development companies.

With 25 years of market experience, today Cipasa is one of Brazil’s largest subdivision landholders. The company is split into four unique developments: Alvorá, Verana, Altavis e Vívea.

Learn more at http:// www.cipasa.com