About the Research
The Land and Real Estate Market Study Group, created in 2005, at the Universidade Federal de Pernambuco (UFPE), Brazil, is currently developing network research, aiming to provide an opportunity to discuss the dynamics of the real estate market in the historic centers of Brazilian cities, thereby enabling reflection to be expanded on how both new and used properties are related and linked within the dynamics of the production space and of circulation and consumption of real estate.
The Land and Real Estate Market Study Group emerged from within the Department of Architecture and Urbanism at the Universidade Federal de Pernambuco and the Postgraduate Program on Urban Development, under the coordination of Professor Norma Lacerda, in 2005. At that time, a research group became mobilized at the UFPE with the aim of investigating and characterizing the real estate market in a number of poorer areas in the Metropolitan Region of Recife. In 2013, the Group initiated a network research on how the Real Estate Market in Historic Centers (MICH) functions, involving the participation of cities such as Belém, São Luís and Olinda, in addition to Recife. Currently, the network research includes the participation of the following cities: Recife, Belém, São Luis, Campina Grande and João Pessoa.