Nicaragua: $ 10 Million Real Estate Project

"Torres Las Tablas" are two eleven story apartment buildings to be built in San Juan del Sur, which include shopping areas, terraces, pools and meeting rooms.

Thursday, March 3, 2011

The first two floors will be used for parking space, shopping center and pools, while a observation deck will be placed on the uppermost story.

The project has the approval of the Council of San Juan del Sur.

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Guatemala: Mixed Property Development for $10 million

August 2015

Reconstruction has been announced of the former Hotel Ritz in Zone 1 of the capital, to turn it into two towers each with 180 apartments, a business center and shops.

With an investment of $10 million the company Revive, a company member of Modus Vivendi aims to develop a mixed complex that combines residential and commercial spaces, plus a business center which in the future will house the Ritz hotel, in the capital's historic center.

More Retail Supply Outside of the Capital

November 2012

In Costa Rica trade growth is evident not only in San Jose, but also in several inland cities which have recorded investment in local malls for offices and retail.

The enterprises are smaller than those developed in the capital, usually involving investments not exceeding one million dollars.

Guatemala: $13 million Investment in shopping center

April 2012

Trinity Real Estate Corporation has invested $13 million in a new shopping center at a point of convergence for producers in southern Mexico and western Guatemala.

Coatepeque, with 125 thousand inhabitants, is now a major shopping destination, in which producers converge in southern Mexico and western Guatemala. Therefore, Trinity Real Estate Corporation has invested $13 million (Q100 million) in a new mall.

Costa Rica: Boom in High Rise Housing

June 2011

Eleven new vertical projects will see the light over the next two years in the Greater Metropolitan Area.

Aimed at the middle and upper classes, most developments are to the west of San Jose.

Among the projects, one that has already been started is Paseo Colón Torres, in which $28.6 million has been invested and will be finished next year.

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