Loft entered into a partnership with the city of São Paulo to share its real estate data.
The company will provide anonymized information on real estate listings and purchase and sale transactions carried out on its marketplace to the Municipal Finance Department.
In this way, the city hall will have access to real estate dynamics in the city through indicators such as quantity and location of properties for sale in the municipality.
Based on this information, the municipal administration will be able to implement and improve public policies for urban revitalization, such as the requalification of squares and cycle paths, according to the company.
Sharing data will also help to increase market transparency, in the opinion of João Melhado, director of public policies at Loft.
Joana Cunha with Paulo Ricardo Martins and Gilmara Santos
your subscription can be worth even more
Do you already know the advantages of being a Folha subscriber? In addition to having access to reports and columns, you have exclusive newsletters (find out here). You can also download our free app from the Apple Store or Google Play to receive alerts on the top news of the day. Your subscription helps us to make independent and quality journalism. Thanks!
your subscription is worth a lot
More than 180 reports and analyzes published each day. A team of more than 200 columnists and bloggers. A professional journalism that supervises the public power, conveys useful and inspiring news, counterpoints the intolerance of social networks and draws a clear line between truth and lie. How much does it cost to help produce this content?
SUBSCRIBE FOR BRL 1.90 IN THE 1st MONTH
I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.
