Finance Colombia » Construction & Real Estate

Colombia’s 4G Autopista al Mar 1 Highway Project 71% Complete

In Cañasgordas, Autopista al Mar 1 will connect with the Autopista al Mar 2 project which runs from Cañasgordas to the Gulf of Urabá on Colombia’s Atlantic coast, where the Puerto Antioquia ocean port & terminal is under construction.

Posted On July 29, 2020

, By Loren Moss

Bogotá Class-A Office Space Pricing Down 8-9% According To Cushman & Wakefield

With several real estate projects expected to open in 2H2020, office rents are down and vacancy up in Colombia's capital city according to brokerage Cushman & Wakefield. Net absorption is negative due to the COVID-19 Pandemic.

Posted On July 29, 2020

, By Loren Moss

Puerto Antioquia Gets $110 Million USD Debt Financing From Global Infrastructure Partners

Global Infrastructure Partners Capital Solutions Funds I and II (“GIP CAPS”) has closed on a $110 million USD secured holding company term loan investment in Puerto Antioquia Holdings S.A.S., the port terminal in the Gulf of Urabá on the Atlantic coast of Antioquia, Colombia

Posted On July 28, 2020

, By Loren Moss

Colombian Government Announces Strict Health Protocols For Construction & Manufacturing Sectors

Yesterday, in his daily address held since the national curfew imposed in Colombia to fight the Coronavirus COVID-19 Pandemic, President Iván Duque explained the new protocols that must be followed by manufacturing and construction companies that wish to take advantage of the...

Posted On April 22, 2020

, By Loren Moss

New Data Center Under Construction In Tocancipá By HostDime

Datacenter developer HostDime broke ground last week on a built-to-suit data center facility in the Bogotá, suburb of Tocancipá..

Posted On February 27, 2020

, By Loren Moss

P.A. Concesion Ruta Al Mar Colombia (Credit: P.A. Concesion Ruta Al Mar)

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Ruta Al Mar Behind Schedule, Fitch Rates Concession’s Senior Secured Notes BBB-, Outlook Remains Negative

Fitch Ratings has affirmed the ‘BBB-‘ and ‘AA+(col)’ ratings of the UVR-denominated senior secured notes of P.A. Concesion Ruta al Mar for up to $522 billion COP, due in 2044. The Ratings Outlook remains negative. Ratings Rationale The Negative Outlook...

Posted On December 22, 2019

, By Loren Moss

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Bogotá Real Estate Investor Habi Closes $5.5 Million Pre-Seed Round From Venture Capital Investors

Bogotá-based real estate company Habi today announced that it has closed a $5.5 million pre-seed round led by Tiger Global Management, with participation by investors Homebrew and Zigg. Reshape Holdings, FJ Labs, Supernode Ventures and other investors. According to its website,...

Posted On November 18, 2019

, By Loren Moss

Centro Argos, under construction earlier this year.

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Bogotá #2 High End Office Market in South America says Cushman & Wakefield

Bogotá continues to consolidate itself as a leader in the high end office market according to a study performed by global real estate firm Cushman & Wakefield. According to the study, Bogotá comes in second, just after Santiago de Chile, with 167 m2 of class A space per 1,000...

Posted On April 17, 2019

, By Loren Moss

Clemente del Valle Borráez, outgoing president of FDN - Financiera de Desarrollo Nacional, Colombia

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FDN President Clemente del Valle Borráez Submits Resignation

Today the board of directors of Financiera de Desarrollo Nacional, Colombia’s national development finance entity that supports the financing of major public works projects announced that the agency’s president, Clemente del Valle Borráez (above photos) has stepped...

Posted On March 27, 2019

, By Loren Moss

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Quebec Delegation Visits Medellín To Connect With Colombian Construction Industry

A delegation of 10 Canadian business executives from the Province of Quebec recently visited Medellín, accompanied by Export Quebec and led by Counselor for International Affairs Suzie Racine, for the purposes of connecting with construction industry executives in metropolitan...

Posted On March 26, 2019

, By Loren Moss