Newsletters

Latin American Growth to Cool – Except Panama

SAO PAOLO, BRAZIL-Lack of transparency still keeps down South and Central American country growth and consumer spending begets inflation, but Panama still has its canal expansion.

By Robert Carr | Updated on August 23, 2011

SAO PAOLO, BRAZIL-For the past two years, the commercial real estate news out of South and Central America has been that Brazil has been exploding with growth, while Mexico is struggling due to a crime problem. Now, as prices rise due to Brazil’s success, the region is seeing the smaller countries rise to the top, including Panama and Costa Rica, according to a recently released report by CB Richard Ellis.

The growing consumer class in Brazil, as well as the upcoming FIFA 2014 World Cup and 2016 Summer Olympics, brought the country a lot of attention from investors. However, that attention has risked overheating the country’s economy and has accelerated inflation, according to the CBRE report “Outlook for Latin America’s Commercial Real Estate Markets.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
1 free article* every 30 days across the ALM subscription network
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Resource Center

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Browse More Resources ›

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Assessment

Sponsored by Cherre

Enabling Stakeholder Confidence in Your Data: A Self-Assessment for Real Estate Organizations

Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

Browse More Resources ›

This comprehensive eBook uncovers AI's best-kept-secret - clean, trusted, visible, and validated data. Download now to learn why real estate organizations need to build a solid data foundation to differentiate themselves and reap the rewards of AI.

eBook

Sponsored by Cherre

Whoever Wins Data, Wins AI

This comprehensive eBook uncovers AI's best-kept-secret - clean, trusted, visible, and validated data. Download now to learn why real estate organizations need to build a solid data foundation to differentiate themselves and reap the rewards of AI.

Browse More Resources ›

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2024 ALM Global, LLC. All Rights Reserved.