Latin America Commercial
Real Estate News

Puerto Rico's Commercial Market Recovery Remains Elusive

Puerto Rico's Commercial Market Recovery Remains Elusive

Puerto Rico's commercial real estate market continues to go through a bumpy recovery in 2014. Read More »


Lima Office Market Enjoying Pent-up Demand

Lima Office Market Enjoying Pent-up Demand

Lima's office market is enjoying strong office demand as landlords have delivered a significant amount of new office inventory. Read More »

Panama Enjoys Historic Office Construction Boom

Panama Enjoys Historic Office Construction Boom

Panama City is enjoying an office building boom being driven by several economic factors. Read More »

Caracas' Commercial Markets Stifled by Political Uncertainty

Caracas' Commercial Markets Stifled by Political Uncertainty

Commercial property markets in Caracas, Venezuela continue to be dealing with the headwinds of political and economic uncertainty. Read More »


Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated April 15, 2014 10:17 AM ET

Latin America Commercial News

Bogota's commercial markets are slowing rebounding due mainly in part to both an emerging middle-class economy.

Global property investment transactions totaled $1.18 trillion in 2013

BR Properties SA will sell majority of its industrial properties to Global Logistics Properties Limited.

After a two-week stoppage, limited work has resumed on the Panama Canal expansion project.

Wal-Mart Stores' Mexican and Central American arm plans to spend $15 billion pesos ($1.1 billion) in 2014.

Work on the Panama Canal expansion projected halted today expanding the canal over cost overruns of $1.6 billion.

The Canada Pension Plan Investment Board plans to open an office in São Paulo in April 2014.

The $5.3 billion Panama Canal expansion is slated for completion in 2015, doubling the canal's capacity.

The $40 billion Nicaragua canal project is on schedule to break ground this year.

A joint venture between Goodman Group and WTorre SA has offered to purchase 34 industrial properties in Brazil.

Knowing when an area is going to move from low demand to high demand is key to smart real estate investing.

A 385-acre development site billed as "the most important remaining tract of land in the Bahamas" is officially back on the market.

Driving over the Panama Canal on the Bridge of Americas, it's easy to find Panama Pacifico, the six-year-old master-planned development on the west side of the canal. The 3,450-acre project is one of the largest and most ambitious developments in the region.

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 renovation and expansion of a key 107-kilometer road connecting Costa Rica's capital to the Caribbean coast could begin as early as next month, after a Chinese bank agreed to provide $395 million in financing.

Antigua and Barbuda is the latest country to offer a visa deal in return for property investment. Prime Minister Baldwin Spencer officially launched the new Citizenship by Investment Programme last Thursday.

Traffic within Panama City's urban core, west of Via Brazil and north of Balboa Avenue, has been absolute chaos for the last two years. Residents have had to deal with gaping holes where massive cranes and underground crews have been working.


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