"We've seen tremendous interest in South America," said ColinDyer, JLL's president and CEO. "South America is offeringincreasing levels of economic growth, and with it, increasinglevels of returns in real estate."
Though all of the markets in Latin America are different, theydo share some common recent traits. Many of those countries arenewly politically stable, their currencies have improved fromlevels of prior years, infrastructures are being updated and thereis increasing market transparency.
Plus, having not generated the buzz of places like China andIndia helps. "There's still a possibility to compete in a marketthat is not as investor crowded," said Pedro Azcué, president andCEO of JLL Latin America.
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