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In Mexico, activity in 2014 has been dominated by FIBRAS, which are Mexican REITS, while some domestic and international private investors have also been active. This has increased liquidity, and provided property owners with more precise indications about pricing and possible exit strategies. This favourable environment is likely to continue, especially if the current low interest rate regime remains in place.


In Brazil, volumes have almost doubled from US$1.3 billion to US$2.3 billion in the year to Q2 2014 compared to 2013. Given that Brazil’s leasing markets are nearing cyclical troughs, this may reflect investor expectations of improved performance over the medium term. While the World Cup proved helpful in government fund raising, it may also have positively impacted on property market investment, although whether this endures is another question.


More Latin American investors will look to other regions, particularly North America, as a diversifier from domestic investing || Ricardo Betancourt


2015 GLOBAL INVESTMENT SENTIMENT REPORT COLLIERS INTERNATIONAL


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