Argentina Real Estate Report 2016
BMI View: In all three cities and in all three real estate investment segments, we are seeing similar trends.
Little investment activity combined with sustained demand and falling vacancy rates. The established natureof the real estate market in Argentina presents opportunities in the long-term, but at the current time, thereis a characteristic of stagnation in most locations. With the election of the new government and a revision ofregulations put in place under the last government, demand from tenants is likely to increase in all threeareas.
Despite recent uncertainties, economic indicators point to a recovery in Argentina from next year. RealGDP growth, estimated to be 0.7% in 2015, is set to rise to 2.5% in 2016 and average at 2.9% per annumthereafter. Business confidence has been falling and capital investment has turned negative in 2015 asinvestment decisions have been put on hold; however, a turnaround is expected as the economic andpolitical climate improves.
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