NEW YORK–(BUSINESS WIRE)–Brazil’s commercial real estate market continues to face rental income volatility and an oversupply in the office and industrial sectors, Fitch Ratings says. Despite deterioration in cash flow generation and property values, Fitch-rated CMBS will remain stable. Fitch expects Brazilian GDP to grow by 1.2% in 2017 and 2.2% in 2018. The current decline in inflation will continue while unemployment will likely continue to rise amid political stabilization. We believe this
