Costa Rica: Real estate development funds increase assetsThe Real Estate Development Funds have recorded an increase in their net assets of 539% from January to first half of September.Monday, September 29, 2008 ![]() The number of investors has increased by 270%. This important increase is due to greater familiarity with the Funds in the market, according to various companies (called Safi in Spanish) that manage the Funds. Source: La República New commercial real-estate project for Guatemala CityJune 2008 Guatemalan real-estate developer Calidad Inmobiliaria is planning a major commercial project on Guatemala City's El Naranjo Boulevard, an increasingly busy commercial area. Urban Development Project in El Salvador is On-HoldFebruary 2009 The development of the El Encanto Villas & Golf project, which includes residential lots, apartments, golf course and a country club, has become paralyzed. $400 million housing project in El SalvadorAugust 2008 The project, which will include an 18-hole golf course and club house, will begin to be built in November to the south of the capital. Warehouses Open in El Naranjo in GuatemalaMay 2009 Toward the end of May, 11 “Distribodegas” (distribution warehouses) and 6 locales for the "CRECE, Business Community" project will open. |
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