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Category

//Construction & Real Estate
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
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Cushman & Wakefield Taps Marc Royer To Head Capital Markets For South America

Global real estate brokerage and advisory firm Cushman & Wakefield has appointed Marc Royer to lead the new Capital Markets business unit for South America. Marc Royer is responsible for the new business unit of Capital Markets for South America of Cushman & Wakefield, a...
Posted On March 19, 2019
, By Loren Moss
Bogota photo courtesy of Cushman & Wakefield
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Study: Bogotá Class A Office Space Absorption Jumps 39% In 2018

Bogotá, despite the country’s economic slowdown, consolidated its position as the country’s largest Class A office space market, according to the MarketBeat study conducted by real estate firm Cushman & Wakefield. Class A offices (which include sub-classes AAA and...
Posted On March 12, 2019
, By Loren Moss
colombia 4G highway 4G infrastructure
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Colombia Secures $523 Million USD in Financing for ‘Ruta de Cacao’ Roadway Project in 4G Program

This is now the 14th project to receive funding within the 4G program and the first to close financing since President Iván Duque took office in August.
Posted On October 31, 2018
, By Jared Wade
Parque La Colina mall in Bogotá, Colombia. (Photo credit: EEIM)
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Parque Arauco Issues $200 Million USD Bond

Parque Arauco’s Colombian operations accounted for 14.2% of its revenues in the second quarter of 2018, according to the firm.
Posted On September 13, 2018
, By Jared Wade
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Bienes y Servicios International Secures $2.75 Million USD Loan from U.S. Lender Kennedy Funding to Develop Housing in Sincelejo

The loan — which is the first issued by Kennedy Funding to close in Colombia — will be used to purchase 17,000 acres of vacant land in the Sucre capital.
Posted On August 16, 2018
, By Jared Wade
In 2013, Colombia opened a new Rumichaca bridge on the border of Ecuador, a route that will be improved by a new highway that includes funding from OPIC. (Photo credit: Xavier Granja Cedeño - Cancillería Ecuador)
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U.S. Agency OPIC Commits up to $300 Million USD for Highway, Housing, Commercial Building Projects in Colombia

"Colombia is a key part of our strategy to invest more across the region,” said Ryan Brennan, vice president of OPIC.
Posted On July 30, 2018
, By Jared Wade
colombia 4G highway 4G infrastructure
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With New $50 Million USD Line of Credit, Colombia’s FDN Can Issue More Dollar-Based 4G Loans

The dollar-based line of credit comes from the Central American Bank for Economic Integration (BCIE).
Posted On June 9, 2018
, By Jared Wade
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