This book examines real estate markets and urban development in Central America, Mexico and The Caribbean (CAMEC). It considers both residential and commercial real estate with a focus on industrial and hospitality sectors, infrastructure and logistics.
The CAMEC region is besieged by complexity. Prone to natural disasters, and with the Mexico/US border constituting the largest human migration corridor on Earth, the region is also a vital trading hub for goods, linking commerce between the world’s two largest oceans and the Americas. The real estate markets in this area are dynamic, rapidly developing and under researched. This book analyses the particularities of these markets and the context in which investors and developers operate. The authors present case studies and contributions from key players in major cities in the region. The book exposes the regional risks and opportunities connected to urban development including market transparency, urban equity and development regulation. The research presented in this volume gives the reader a comprehensive picture of each country under study, detailing their individual commercial, residential, industrial, leisure and infrastructure sectors.
This is essential reading for international investors, real estate students, researchers, and professionals with an interest in the region.
Table of Contents
Introduction 1. Comparative Overview of Key Real Estate Drivers 2. Commercial Real Estate in CAMEC 3. Residential Real Estate in CAMEC 4. Real Estate Funding in South America 5. Delivery and Finance of Infrastructure in CAMEC 6. Barriers to cross-border investment in CAMEC 7. Guiding Improved Urban Development: UN Sustainable Development Goals and the New Urban Agenda.
Claudia Murray is a research fellow at the Department of Real Estate and Planning, University of Reading. Claudia’s research interests focus on urban development in Latin America, taking into consideration the region’s unique cultural and political milieu. Combining historical and contemporaneous knowledge of Latin America, Claudia’s work contributes to wider discussions on urban and peri-urban transformations in the Global South. Her main interest focuses on the region’s changing socio-political relations with the land and its natural environment.
Camilla Ween is an architect, urbanist and Harvard Loeb Fellow. She works at the intersection of transport and urban design, aiming to create sustainable and pleasant cities. She lectures regularly at universities and International forums, is a Built Environment Expert at the Design Council, a member of the Ebbsfleet Design Forum and on the Steering Group of the newly established United Nations Urban Economy Forum.
Yadira Torres-Romero is the Director of Research for CBRE Mexico since 2012 and Director of Sales Management since 2017. CBRE Mexico Research & Sales Management, under her leadership, has been recognized as the fastest organic growing office throughout CBRE worldwide for more than 5 years and a market reference through its publications and market information. Before her experience at CBRE, Yadira was Director of Information for the Ministry of Tourism for 3 years.
Yazmin Ramirez is the Director for CBRE’s Labour Analytics & Location Incentives Group based in Mexico City. Yazmin has specialised in delivering labour strategies and identifying, negotiating and securing economic incentives for CBRE’s corporate clients in Latin America for the last 10 years. Prior to CBRE, Yazmin worked for Ayming in France where she led the consulting strategies of key market opportunities to reduce operating costs, payroll and R&D tax credits in the United States, Portugal, England and Spain.
"This book provides insights into commercial and residential real estate markets in Mexico, Central America and the Caribbean that are highly valuable to investors, developers, policy makers, scholars and students. A must read for anyone interested in real estate in this emerging region!" Julia Freybote PhD, Florida International University