Central and South America's hotel development pipeline comprised of 390 hotels totaling 63,780 rooms.
International home buyers preferred purchasing properties in the United States over all other countries.
Steel prices are forecast to increase at an annualized rate of 2.2% over the next three years.
The Canada Pension Plan Investment Board plans to open an office in São Paulo in April 2014.
A joint venture between Goodman Group and WTorre SA has offered to purchase 34 industrial properties in Brazil.
The Canada Pension Plan Investment Board is forming a partnership with Banco BTG Pactual S.A. to invest in Brazil residential development. CPPIB has committed US$240 million for a 40 percent interest in the venture.
Latin America is the most urbanized region of the world with nearly 80 percent of the population living in urban areas.
Wal-Mart is closing more than 50 underperforming stores in Brazil and China, in the latest sign the world's largest retailer is reworking its international strategy. Wal-Mart announced this week it will decrease its projected international capital investments in 2014.
The Latin American hotel industry will increase its room supply by 65 percent over the next 10 years.
The hotel industry in Brazil is expected to show continued growth in the next year, after reporting eight consecutive years of sustained increases in revenue, according to a new report. Brazilian hotels are still favored by investors.
Mortgage rates in Brazil are at two-year low, while mortgage lending has increased as banks look to profit from a secure mortgage business. Itau Unibanco Holding SA and Banco Bradesco SA have each increased their home-loan portfolio by 32 percent.
Wyndham Hotel Group plans to dramatically increase the number of its hotels in Latin America.
Canada-based Brookfield Asset Management has raised a $4.4 billion fund to buy global commercial real estate, with a focus on North America, Europe, Brazil and Australia. Canada's biggest alternative assets manager surpassed it $3.5 billion goal for the fund.
The volume of homes purchased by international buyers dropped 17.3 percent last year, as global economies wavered and shoppers focused on low-cost properties, according to the latest study by the National Association of Realtors.
Hyatt will work with developer FSA Group to develop nine hotels in Brazil under the Hyatt Place brand, the hotel chain announced today. The hotels will range from 150 to 200 rooms and will be located in urban, suburban and airport locations, the chain said.
Classic French chateau overlooking pristine Lake Bessie behind the gates of Isleworth
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