In 2017 Mexico saw record occupancy in real estate. Despite uncertainty surrounding the potential renegotiation of the North American Free Trade Agreement (NAFTA), import duties imposed by the US in May 2018 and the new presidential administration, the sector is expected to remain strong. Competitiveness as a manufacturing hub and job growth...
Tragedy struck in September 2017, when two earthquakes killed hundreds of people and caused billions of dollars of damage to public and private property in Mexico City and the states of Guerrero, México, Morelos, Oaxaca and Puebla. The second, 7.1-magnitude quake on September 19, damaged approximately 40,000 houses and toppled 44 buildings in...
Traditionally a barometer of a Mexico’s economic health, the construction sector saw investment slow in 2017 as a result of a dip in public spending on infrastructure works and uncertainty among private investors over the possible outcome of the renegotiation of the North American Free Trade Agreement (NAFTA). This could further push up the...
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
With a number of previously stalled infrastructure projects kick-started under the administration of President Rodrigo Duterte, the demand for construction materials has reached new heights. Driven by the Build, Build, Build (BBB) programme, the wholesale price of construction materials reached a five-year high during the last quarter of 2017...
A confluence of economic forces has bolstered real estate demand in recent years, with an influx of outsourcing firms, rising incomes, cash-laden investors and the liberalisation of key sectors all playing a part. As a result, the real estate sector has exhibited strong growth, with a variety of new residential and mixeduse projects spread...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×