Finance Colombia » real estate

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

Vice President of Colombia, Marta Lucia Ramirez

Insight Crime: Colombian Vice President Denies Knowing Associate Was Drug Lord & Paramilitary Commander

Colombia's Vice President Marta Lucía Ramirez vehemently denies a close relationship between her & her husband Álvaro Rincón with alleged drug trafficker and paramilitary Guillermo Acevedo, alias “Memo Fantasma." This article is from Insight Crime.

Posted On April 9, 2020

, By Insight Crime

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

Camilo Cordovez Amador, co-founder and managing partner at PrimeCap. (Photo credit: Loren Moss)

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New Kid on the Block: PrimeCap Is Striving to Become a Leading Investment Bank in Colombia

"I see PrimeCap in three years as probably one of the, let's say, top 20 — at least — investment banking companies in Colombia," says Camilo Cordovez Amador.

Posted On May 1, 2018

, By Loren Moss

BBVA Colombia branch in Bogota, Colombia

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BBVA Colombia Secures $150 Million USD Loan from IFC to Put Toward Housing Finance in Colombia

Mortgages only represent 7% of GDP in Colombia, a lower rate than in many other Latin American countries.

Posted On April 16, 2018

, By Jared Wade

Housing construction costs rose by 4.77% in Colombia in 2017. (Credit: Jared Wade)

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Housing Construction Costs Increased by 4.77% in Colombia in 2017

The increase was driven largely by a 5.94% spike in labor costs and 4.38% rise in the cost of materials.

Posted On January 22, 2018

, By Jared Wade

Colombia's President Juan Manuel Santos odebrecht

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Colombia’s Unemployment Rate Falls To 7.3%; Lowest In 15 Years

Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...

Posted On December 31, 2015

, By Loren Moss

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Medellin’s Hipercept Named Americas Channel Partner For Taliance

Hipercept, a global provider of strategy, technology and operations services to the alternative assets industry, has announced that it has been selected by Taliance to serve as its channel partner for North and South America. Taliance’s real estate software solution suite,...

Posted On June 28, 2015

, By Loren Moss