Real Estate News

Chile to Provide New Source of Cheaper Lumber to U.S. Home Builders

Chile to Provide New Source of Cheaper Lumber to U.S. Home Builders

U.S. home builders just completed four days of talks with Chilean government, trade and industry officials that are geared toward increasing exports of softwood lumber and other wood products to America. Read More »

Central, South America Hotel Markets Post Mixed Results in Q2

Central, South America Hotel Markets Post Mixed Results in Q2

According to STR, hotels in Central and South America recorded mixed Q2, 2016 results when reported in U.S. dollar constant currency. Read More »

Latin America Hotel Development Pipeline Dips in June

Latin America Hotel Development Pipeline Dips in June

According to STR's June 2016 Pipeline Report for Central and South America, over 66,352 hotel rooms in 417 projects Under Contract in the Central/South America region. Read More »

 Real Estate Investment Outlook for Andean Region, Mexico Strong in 2016

Real Estate Investment Outlook for Andean Region, Mexico Strong in 2016

Economic growth has significantly moderated in Latin America's leading economies of Brazil, Mexico, Colombia, Peru and Chile. Read More »

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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated September 8, 2016 2:49 PM ET

Chile Property News

Foreign real estate buyers continue to strengthen the Miami and South Florida real estate market, accounting for 36 percent or $6.1 billion of total sales volume.

With the official start of summer this Memorial Day weekend, are you looking for an out-of-the-ordinary summer escape, away from the crowds? Well...there are some great ones!

The property division of Carrefour Argentina has opened Terrazas de Mayo, a new shopping centre valued at $29 million,

Fundamentals are improving across many office markets in The Americas, Asia Pacific and Europe as we head into 2015.

Central and South America's combined hotel development pipeline comprises 384 hotels totaling 62,958 new rooms.

Central and South America hotel development pipeline comprises 400 hotels totaling 65,479 rooms.

Based on a new global retail report from Cushman & Wakefield, global trends remain positive for shopping center development.

Central and South America's hotel development pipeline comprised of 390 hotels totaling 63,780 rooms.

Latin America is the most urbanized region of the world with nearly 80 percent of the population living in urban areas.

Vacancy rates in Chile's tight office market reached the highest level in nine years in the first half of 2013.

The average daily rate for a hotel room in Miami rose 9.6 percent in February to $220.95.

The Chilean tourism industry has great potential, given the country's stunning beauty.

Easter Island may be the most mysterious place on Earth. Lying 2,300 miles away from Chile, the country that governs the island, it's the most remote populated island on Earth. Some 5,800 hardy souls live here now, descendants of the original Polynesian peoples (Rapa Nui) who first settled here.

JLL Hotels & Hospitality Group reported five forces will drive the hotel investment market in the next 5 years.

Due to increasing large format retail store saturation levels in Santiago and growing numbers of people that are living in new residential areas at lengthy commuting distances from larger retail centers, mini-malls are fast becoming an important new retail sector segment. According to an article published in the Chilean newspaper Diario Financiero, approximately 26,000 square meters of mini-mall retail space entered the market in 2012.

According to STR Global, the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for 2012. In 2012, the Americas region reported a 2.4-percent increase in occupancy to 61.5 percent, a 3.8-percent gain in average daily rate to US$108.53 and a 6.3-percent jump in revenue per available room to US$66.77.

In the face of Chile's favorable economic environment, new retail format potential and international opportunities, Chilean retailers have gone on the offensive. According to an article published in the Chilean business periodical Pulso, key Chilean retailers plan to make $7.143 billion in investments up to 2017.

The Chilean residential real estate sector looks set to ring in the new year on a festive note. According to the Chilean Chamber of Construction, it is projected that a record or more than 69,000 residential units will be sold in 2012, beating 2011 results by 18%. Residential demand has been primarily driven by the strong economy, which is currently expected to expand 5.7% in 2012, the second highest in Latin America behind Peru and the sixth highest in the world.

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