Mexico ranks as the third best worldwide emerging country for investments in commercial real estate after China and Brazil, according to a report released today in Washington annual survey.
According to the Association of Foreign Investors in Real Estate (Afire), Mexico was one of the four Latin American countries that made up the top five emerging nations perceived best for this type of activity.
The positioning of Mexico in the twenty-second edition of the list represented a relative improvement in previous years that had been positioned in the fourth or fifth place.
This rearrangement also resulted to Brazil, which was placed in the first place last year, fell to second place behind China. The list was completed by the fourth Colombia and Peru in the fifth.
Both countries were placed in the seventh position in the last edition of the survey of firms that integrate Afire investors.
Although four of the top five countries on the list are located in Latin America, this does not mean that the region will see a significant increase in this type of investment, the survey noted.
49 percent of respondents anticipate only a "modest" increase in investment in the region this year, while another 19 percent projected a significant rise.
Another 35 percent said they intend to keep their investments in Latin America or return to reinvest in this market, reflecting confidence in the climate for such investments.
Afire indicated that firms that maintained or controlled integrated commercial real estate with an estimated value in about two trillion dollars worldwide.
