BMI View: Chile has long been one of the jewels in the South American crown in terms of a dynamiceconomy, abundance of resources and consistent growth. These strong fundamentals and a resilient leasingmarket make Chile a strong and dependable performer in the commercial real estate sector. Leadindicators suggest that construction and pipeline growth is expected to continue at a strong rate, withindustry specific employment ticking up (especially in relation to mining construction jobs) alongsidecontinued growth in residential sales, presenting upside potential to our 2013 forecast. However, given thegrowth rates in 2012, base effects will likely result in a lower grow...
No comments:
Post a Comment