Owner of Cyrela purchase hospital and wants to grow in the area of health

Given the uncertainties of the down real estate market, one of the leading businessmen of the sector in the Country plays a segment whose results have been more stable in these years of crisis. After signing on Thursday, first, the purchase of a hospital, the founder of Cyrela, Elie Horn, is preparing to expand its work in the area of health through your family background, the Abaporu.
This type of hospital, still rare in Brazil, is an intermediary between the traditional hospital and housing for the elderly. Is an enterprise for patients who do not need to be hospitalized, but require professional care, such as dietitians and nurses.
Background design and includes contributions Abaporu Bozano in virtually all segments of the health service, with the exception of laboratories, the area considered by investors with strong competition. Both acquisitions as new ventures are constructs on the radar of Horn. "We are at the beginning. For now, we''re open (new projects). If you have something to offer, please. "
Without revealing how disbursed by business, Horn said that in ten years the Abaporu must have a recipe for "hundreds of millions" of dollars. The first hospital acquired by the Fund has annual revenue around R $300,000,000 and profit of about R $15,000,000.
Resilience. With the focus on health, Horn enters a sector whose profitability is greater than the real estate sector. The gross sales of 80 associated with the National Association of private hospitals (Anahp) R $28.3 billion in 2016, 24.7% higher than the value of 2015 – when there were 72 members.
Last year, the net revenue per patient day of these hospitals rose 18.1%. Meanwhile, the GDP of construction fell 5.2%. "There''s going to be growth (in health) because the country needs health plans, more hospital beds and more doctors. We think (the area) has much of a future, "said Horn.
The President of Anahp, Francisco Balestrin, remember that investors have sought the sector to be more resilient. "The unemployment affects less. The suffering more are ready aid, but the occupancy rate of hospitals. "
In addition to the intention to invest in a segment more resistant to crises, Horn says have opted for health area by Government decisions rely less. The Manager refers to the definition of re-regulating cancellations (cancellations of purchase of real estate).
The housing market is waiting for the processing of a bill regulating these returns of buildings that helped devastate the sector in recent years-today, between 60% and 90% of the amount paid by the consumer must be returned in case of cancellation of the deal.
"The industry has the dissolution, which is a disgrace, total crap. If the Government does not resolve this issue, the situation will worsen, "said. Cyrela registered R $6 billion in cancellations in the last four years, being R $2.8 billion only in 2016.
Country. In the face of economic and political crisis, brazilian Horn said keep optimistic. "There is no lining for good." The Manager adds that tipoff of the JBS has made the business more standing than they already were. "All of this slows down the recovery process, unfortunately, there''s no way." For him, however, the scenario should improve and companies need to have breath to get through this most difficult period.
About pension and labor reforms, Horn pointed out that, as soon as they are approved by Congress, the better it will be for Brazil. "The reforms are essential to the country. It''s not normal that we''re living in a time of another century with a country that could be modern and give full employment to your population. Resolve employment reforms, the economic situation, (the barriers) country and fight poverty, "said.
The founder of Cyrela defended that the Government work to the Brazil''s more open economically. "As long as we remain open and modern, the country will suffer."