In the last two years were significant changes in the laws of real estate investment funds. These changes have allowed the institutions of learning new funds and introduce some modifications of Corporate Governance in existing funds from the new possibilities of legislation. This research seeks to identify these items to change in the regulations and prospectus, thus understanding the reaction and positioning of investment funds at the market after the new legislation. The method used is a comparative analysis, based on the collection of the data contained in the regulations and the prospects of a selected sample. The survey is done by examining the regulations and prospectus of the new funds. For existing funds to research includes the analysis of documents (prospectuses and regulations) before and after the relevant changes in legislation. All research was showing the respective relationships of the topics identified in the documents analyzed, with the relevant legislation. One major change that caused a great impact, was allowed to apply their resources funds in securities and other assets related to real estate. This change is perceived not only in existing funds, but mainly on models of the new funds launched in the market.

The paper presents a research of the theory on corporate governance and its applicability in Real Estate Investment Funds. Facing the crisis of subprime and derivatives, the item Corporate Governance takes emphasis. Item of fundamental importance in any operation, should never lose focus, much less be forgotten, but the items are not exactly of governance requirements. In the U.S. you can see now, a major concern and the search for rules and the obligation related topics in Brazil rare and little regulation requirements. The article seeks to identify the weak point of financial transactions, the lack of information. Even where there is awareness of the risks involved in the transaction by the investor. The governance is not only an organizational structure, it also involves the rules of information within and outside the corporation.

In this article, the Brazilian Model for Public-Private Partnership (PPP) is described. It was conceived envisaging investments for the completion of new electric sustainable power plants. The objective is to present the main drivers in Brazilian regulatory system for private investors in what relates to risks configuration and investment decision-making, either Brazilian or foreign ones. We analyzed the investment in 5 Brazilian power plants that altogether constitute an electric power-generating complex in Juruena River, in the state of Mato Grosso, in Brazil. According to the results, we can conclude that the present legal framework is able to support investment in small hydroelectric and sustainable power plants, considering the existence of Engineering Procurement Contracts (EPC) for the completion phase and of Power Purchase Agreements (PPA) for the operational phase as well.

The Brazilian Corporate Real Estate Market has presented in the last few years an outstanding improvement of the available products in the market, mainly regarding office buildings. Besides the growing demand, the profile of the necessities has also changed, initiating the formation of business centers. Furthermore, the process of interiorization has brought great companies to the metropolitan region of Campinas, generating the necessity of appropriated places to settle these corporations, possibiliting arise and growth of various local companies. This paper presents the formation of an outskirts business center in Campinas and compares it with the traditional centers in the city, considering market indicators and urban infrastructure. RESUMO O Segmento imobiliário corporativo brasileiro apresentou ao longo dos últimos anos uma grande evolução dos produtos imobiliários disponibilizados ao mercado principalmente edifícios de escritórios. Além do crescimento da demanda, o perfil das necessidades também sofreu alterações, dando início à formação dos centros de negócios. Além disso, o processo de interiorização, acentuadamente, vem trazendo grandes empresas para a região Metropolitana de Campinas, gerando a necessidade de espaços adequados para abrigar essas corporações e possibilitando o surgimento e crescimento de diversas empresas locais. O trabalho apresenta a formação de um centro de negócios fora da área central de Campinas e o compara com os centros tradicionais da cidade, a partir de indicadores de mercado e infra-estrutura urbana.

The cycle of implantation of hotels is different among others real estate enterprises. This differentiated scene brings to the procurement management not usual demands in others real estate enterprises, such as:[1] a strong control of baseline, [2] an strong control process with involved suppliers, [3] necessity to see the needs of operation cycle during de implantation cycle. The objective of the research is to propose guidelines for the processes of the logistic in the implantation of hotels, as an integrant of the processes of management of the enterprise, with focus in those aspects that differentiate the hotels of others real estate enterprises. The research describes the results of the field surveys on the target of the implantation of hotels, with the purpose to identify the necessities of this cycle. These data, together with an analysis of the processes of procurement management allowed structuralizing the guidelines for the logistic process. The conclusion of this research is the necessity to appeal the processes not usual in the area of procurement management, such as processes of scope control, configuration control and control of interfaces, applied in particular for the logistics management of involved in the implantation and the of hotels operation.