Newsletter – October 2012
LATIN AMERICA MACRO ECONOMIC REVIEW by Deloitte LATCO for Anuario Inmobiliario 2012
…Trends in the Regional Real Estate Market: Countries like Argentina, Brazil, Chile, Colombia, Peru and Uruguay have positive expectations. Local investors control the “lion´s share” of the real estate market, and since they are on a liquid position, they can seize opportunities both regionally and globally. Since property is somewhat concentrated, Latin America is expected to have a shorter recession and not such a sharp fall in prices, as the rest of the world. In the near future, an upward trend is to be expected.
LATIN AMERICA – LUXURIOUS BOOM AND SOCIAL HOUSING by Cristián Armas Morel – Presidente del Comité Inmobiliario de la CCHC
Latin America is changing due to the growth of opposite poles: rich and poor. There is a real estate boom, but is not restricted to classical middle-income house. Other social segments that used to be ignored by the construction and development industry, have become a large, attractive and durable market.
ARGENTINA – Project in Portfolio:
LOS FRESNOS DE SAN FERNANDO
Residential development for young middle- class families in San Fernando, Buenos Aires northern suburbs. Designed and developed by CLGyA, this complex building has 40 single family dwellings grouped around two independent private streets. Each house has 125 m2 approximately, with own parking spaces and a very nice back yard garden with barbecue.