OdontoPrev’s strong cash flow generation and dividend payments has become all the more important as uncertain market conditions spur investors to seek less risky returns.

Anecdotal evidence abounds in Brazil of homes doubling and even trebling in value in the last few years in some of the wealthiest areas of São Paulo and Rio de Janeiro. In the Financial Times Brazil Confidential I take a look at some of the figures fuelling the debate.

Cyrela is Brazil’s second biggest homebuilder by assets (with over R$12bn, representing 15% of the total market). Between 2005, when it went public, and the first half of 2010, it increased its number of yearly launches fivefold and doubled its market value.

“I have found a place for you – and it has wifi!” reads the title of an email sent to me by a Brazilian friend in Rio de Janeiro. Two sentences in, and my finger has already hit the delete button. “Copacabana, R$1.300.00/month + electricity and gas.” At an equivalent GDP£486.00, US$781.00, and €562.00 euros per month plus utilities for a room in a shared apartment, that’s already more than I was paying in London last year. But for an apartment in Rio de Janeiro’s south zone, in fact, it isn’t bad.

Delirio combines Cali’s own salsa style – known for its fast-paced foot work – and circus, bringing a performance akin to Cirque du Soleil meets Strictly Come Dancing.