Construction & Real Estate

As the economy made a recovery in late 2018 it is likely that construction will soon follow suit, with initial estimates for the first quarter of 2019 already showing signs of improvement. Social housing and infrastructure will likely receive the most attention from investors, with both segments addressing crucial deficits in the country. Likewise, the advent of new vehicles to channel private sector funding is expected to continue driving the sector’s growth. Moreover, changes in retail and office management and rising demand for flexible, bespoke industrial spaces are likely to leverage and sustain new trends in the ways that firms physically conduct their business in Colombia. While cross-segment growth may not accelerate significantly in 2019, developers have demonstrated foresight that should help the supply side adjust to ongoing structural changes in the property market. This chapter contains an interview with Roberto Moreno, President, Amarilo.