Underlying Project Overview
BRAVIVA 25.01 is an urban revitalisation project in the heart of Rio de Janeiro’s historic business district. Located just off Avenida Rio Branco, the city’s main commercial artery, the project involves the acquisition and transformation of a five-storey office building into approximately 36 upscale city apartments.
The building will be vertically extended by 3–4 floors (technically pre-approved) and fully converted into New York-style loft residences ranging from 35 to 50 sqm each. The ground floor will feature an Italian café, adding value to the local urban experience.
Targeting young professionals and international buyers, the apartments will be sold during the redevelopment phase. The project is managed by BRAVIVA Development, a local subsidiary of the Swiss AUTARION Group, in partnership with top-tier Brazilian contractors.
Project Highlights
Prime location in Rio de Janeiro’s Centro district
Conversion of existing office building into ~36 upscale units
Unit sizes between 35–50 sqm with loft-style design
Rooftop expansion by 3–4 storeys already pre-engineered
Commercial ground-floor café with street activation
Development by BRAVIVA Development (Brazil), part of Swiss AUTARION Group
Sales-driven construction financing strategy (pre-sales + local bank financing)
Transaction Structure
The initial investment round of EUR 3.0 million is structured as a secured private debt facility to finance the property acquisition, architectural planning and construction preparation. The subsequent build-out phase will be financed via regulated pre-sales and local bank facilities, as customary in Brazil’s residential development market.
Key Terms (Overview)
Instrument: Private bond (ISIN tbd)
Total Volume: EUR 3,000,000 (single tranche)
Coupon: 12.0% p.a. (annual interest payment)
Equity Kicker: 20% hurdle
Term: 12 months (11 March 2026 – 10 March 2027)
Minimum Investment: EUR 100,000
Security: First-rank land charge (Grundschuld)