Thursday, 8 August 2013

Venezuela Real Estate Report Q4 2013: Business Monitor International Market Research Reports

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Venezuela Real Estate Report Q4 2013
Aug 7th 2013, 00:00

Price: $ 1295  

BMI View: The Venezuelan commercial real estate sector is set for turbulence throughout 2013. While we are confident that the leasing market will retain a certain level of stability braced by basic demand dynamics and a lack of new supply, risks are certainly weighted to the downside. We believe the ruling Partido Socialista Unido de Venezuela (PSUV) will maintain a firm grip on the country's institutions with legitimacy concerns relating to the recently-elected President Nicolás Maduro expected to maintain a high level of social and political risk. As such, the private sector will remain depressed, and, when combined with a weak economic performance thus far in 2013, opportunities for growth in the short term remain limited. Following President Hugo Chávez's death on March 5, Venezuela rest ...

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