Finance Colombia » Construction & Real Estate

New $265 Million USD 8.5-Mile 4-Lane Highway Approved In Medellín Suburbs

This new route will head from the “Sancho Paisa Roundabout” named after a popular restaurant located at the junction where the Las Palmas Avenue leading out of Medellín already meets with the airport toll road and the highway to La Ceja, Antioquia; and head to an unincorporated...

Posted OnJanuary 20, 2021

, ByLoren Moss

Attend The 3rd Annual Desalination Latin America Conference & Exhibition, March 24-25

Join key industrial desalination companies, regulatory authorities, government, technology & equipment suppliers, and investors across Latin America, the US, Canada and Europe at the 3rd International investment conference and exhibition “Desalination Latin America” which will be...

Posted OnJanuary 20, 2021

, ByLoren Moss

EPM’s Hidroituango Mediation Talks With Contractors Collapse, Warring Lawsuits Filed

While EPM seeks a litigation jurisdiction of Antioquia Administrative court, the consortium is countersuing in an international court, away from potential political influence in Antioquia’s capital of Medellín.

Posted OnJanuary 18, 2021

, ByLoren Moss

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 OnJuly 29, 2020

, ByLoren 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 OnJuly 29, 2020

, ByLoren 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 OnJuly 28, 2020

, ByLoren 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 OnApril 22, 2020

, ByLoren 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 OnFebruary 27, 2020

, ByLoren 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 OnDecember 22, 2019

, ByLoren 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 OnNovember 18, 2019

, ByLoren Moss