This article discusses the performance presented by the Brazilian real estate investment funds in the last six years. The objective is to recognize if there is adherence to international markets in the stock markets also exists between Brazilian real estate investment funds and others regimes from United States, France, Germany and United Kingdom. Therefore, this article aims to analyze the investment in shares of investment funds as an alternative to foreign investors, showing the structures

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... investment, risks, advantages and disadvantages and the performance of the last six years. As conclusion of the article, we found that FII investment portfolio showed a return that does not follow the trends of international market, but performance was adherent to the Real Estate sector in Brazil, with the increase in prices of shares of FIIs followed the rise in house prices occurred between the years 2007 and 2010. The lower correlation between FIIs and others regimes shows that the FII does not have critical mass in volume capitalized financial resources to attract international investors. This correlation can be seen in the case of other countries in the analysis, which all show an upward movement in the years before the crisis of "sub prime", and between the years 2007 and 2009 have primarily a movement of loss and soon then a recovery trend, confirming the correlation between them. Globalization and strong foreign investment that Brazil has been receiving in recent years, if the financial mechanism to earn a large enough volume, you must present an increasing correlation with the rest of the schemes in the coming years.