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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.

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

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...

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

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...

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,...

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...

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...

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...

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...