Lima's office market is enjoying strong office demand as landlords have delivered a significant amount of new office inventory.
Commercial property markets in Caracas, Venezuela continue to be dealing with the headwinds of political and economic uncertainty.
Global property investment transactions totaled $1.18 trillion in 2013
After a two-week stoppage, limited work has resumed on the Panama Canal expansion project.
Work on the Panama Canal expansion projected halted today expanding the canal over cost overruns of $1.6 billion.
The $5.3 billion Panama Canal expansion is slated for completion in 2015, doubling the canal's capacity.
A joint venture between Goodman Group and WTorre SA has offered to purchase 34 industrial properties in Brazil.
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.