Commercial Property in the Emerging Market of Lima Peru
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Home Page > Finance > Real Estate > Commercial Property in the Emerging Market of Lima Peru
Commercial Property in the Emerging Market of Lima Peru
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Posted: Jul 02, 2009 |Comments: 0
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Lima, Peru offers unparalleled cuisine, beautiful warm weather, historic sights and friendly people that make for a comfortable and pleasant trip. However, the true measure of a visit is to further bolster our opinion of the exciting investment climate in Peru. In particular, my charge was to take a critical East Coast eye to these pleasant climates to verify safety of principal, as well as political and economic stability.
Returns in the Peruvian commercial real estate sector are growing for some time now, but as we grow some of our larger investors needed clarification. To that end, company principals met with numerous officials from the Peruvian government, attorneys, developers and analysts. In particular, we interviewed Mr. Daniel Kerner, an analyst from the Eurasia Group, a New York based, global political risk research and consulting firm.
Mr. Kerner was very forthright when he described Peru as “one of the best managed economies in Latin America”. This has been proven by steady growth since 1999 and a growing budgetary surplus of over billion US dollars. In addition, foreign investment continues to increase on a year to year basis, escalating to over billion USD in 2007. Because of these and other factors, Mr. Kerner believes Peru is well positioned to manage the global economic crisis.
A combination of one of the most stable currency exchange rates in the region as well as low and steady inflation pressure for over a decade has helped bolster the Peruvian currency. In 2008, Peru achieved investment grade status from Fitch ratings, Standard and Poors and Dominion Bond Rating Service. Peruvian debt is presently rated BBB- by S&P. This allows Peru to support one of the lowest risks to investment in all of Latin America.
The political climate, notoriously volatile in South America, has been particularly tranquil in Peru. Analysts feel that the next several years will continue with a stable peaceful government committed to growth and international investment. Mr. Kerner stressed that Peruvian demand for populism is low and that the economy is on a firm pathway to an extremely market stable environment.
Peru represents an exciting combination of political, economic stability that translates in any language to one of the best investment opportunities in commercial real estate in the world today.
Do you want to learn more about how to close commercial property deals right here at home? I have just completed a brand new free guide. Download it free here:
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Doctors Invest invites you to read more articles just like this, at: http://www.doctorsinvest.com written specifically for the commercial property investor. You are welcome to share these articles, unedited, in their entirety with anyone. You may not remove or change this text in any way whatsoever. (c) Copyright 2009. All Rights Reserved Worldwide.
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commercial property, financial consultant, private placement memorandum, real estate expert, escrow, private equity, real estate mentor, commercial property expert, fiduciary, commercial real estate, letter of intent, syndication, loi
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Doctors Invest invites you to read more articles just like this, at: http://www.doctorsinvest.com written specifically for the commercial property investor. You are welcome to share these articles, unedited, in their entirety with anyone. You may not remove or change this text in any way whatsoever. (c) Copyright 2009. All Rights Reserved Worldwide.
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