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With economic growth of 6.3 percent last year, Peru is facing a shortage of office space. In Lima "existing office properties are near capacity, increasing competition for leases, spiking rental rates and spurring developers to build new offices," Read More »
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A U.S. holding company has purchased 134 acres on the Caribbean coast of Nicaragua as part of a larger plan to develop the country's infrastructure. Accredited Business Consolidators, a holding compan... Read More »
Vacancy rates in Colombia office space are falling, with demanding hitting record levels in some cities. Colombia's three main cities posted vacancy rates under 10 percent in 2012, all improvements fr... Read More »
Starbucks has purchased a 240-hectare coffee farm in Costa Rica as part of a plan to create a global agronomy research and development center. The farm, located on the slopes of Poas Volcano, will hel... Read More »
(Grand Cayman Island) -- Despite receiving a negative label in the recent US presidential race as a 'safe haven for tax dodging rich politicians' (as some tried to paint Mitt Romney in 2012); the Caym... Read More »
Due to increasing large format retail store saturation levels in Santiago and growing numbers of people that are living in new residential areas at lengthy commuting distances from larger retail cente... Read More »
In the face of Chile's favorable economic environment, new retail format potential and international opportunities, Chilean retailers have gone on the offensive. According to an article published in t... Read More »
According to Jones Lang LaSalle capital markets research from 60 countries, global real estate investment volumes in 4Q 2012 rallied, with US$141 billion transacted over the quarter to lift the year's... Read More »
Macquarie Group Ltd. (MQG), Australia's biggest investment bank. Macquarie has beaten the real estate investment herd by launching a record initial public offering in Mexico totaling 16.1 billion peso... Read More »
New York City-based Thor Urbana Capital sees nothing but gold ahead in Mexican real estate. The developer announced it will invest at least half a billion dollars developing and redeveloping real est... Read More »
In one of the biggest industrial real estate ventures on the North American continent in decades, Calgary, Alberta-based TransCanada Corp. plans to begin a series of natural gas pipeline projects in M... Read More »
Not surprising for a country with incredible natural beauty and a booming commercial real estate market, the green construction movement in Chile continues to take root. It has been announ... Read More »
Camana Bay in the Cayman Islands is emerging as a new commerce center for the finance and insurance industries. The newest office building is 94 Solaris Avenue, a $20 million, five-story, 68,000-squar... Read More »
According to Jones Lang LaSalle's third quarter 2012 Global Office Index released this week, reveals a stable outlook for global prime office rental growth in 2013 with the majority of major markets e... Read More »
Due to demand driven by Chile's continuing economic growth and high levels of Foreign Direct Investment, over the next 18 months Santiago will reportedly add approximately 658,000 square meters of Cla... Read More »
According to Cushman & Wakefield's annual Winning in Growth Cities report launched today at EXPO REAL trade fair in Munich, low global interest rates and ongoing risk are luring investors towards comm... Read More »
The Panama City skyline will be adding a 50-story tower in the heart of the city's financial district, including Central America's first W Hotel and premium office space. The new mixed-use Evolution T... Read More »
In a trend that will likely continue in the coming years, Chilean companies are increasingly entering northern neighbor Peru's booming retail market. Reflecting this trend, it has just been announced... Read More »
This week global real estate consulting firm Jones Lang LaSalle (JLL) released thier second quarter Global Market Perspective, which captures in-depth data and analysis on the global property market i... Read More »
TFI -Hines Brazil Income Real Estate Fund announced it has closed its first seed acquisition by investing in the World Trade Center complex in Sao Paulo, Brazil. Hines did not disclose its investment... Read More »
Commercial real estate landlords are prospering in Brazil, Canada and Russia but not doing as well with leased properties in Spain, Greece and France. That's the first-quarter observation from the Lo... Read More »
