Growth of Investment Funds in Nicaragua

Initial expectations for the placement of shares in real estate funds worth $2 million was far surpassed, with a total of $9 million in the first year.

Monday, November 4, 2013

Laprensa.com.ni reports that "... the success of the FII is based on the fact that these pay a better percentage for the investment (from 6.5 to 8 percent a year), much more than is usually paid by the financial system on savings, but also offers fewer levels of risk for investors. This has recently allowed other economic groups to prepare similar products. "

Estate investment funds offered in Nicaragua "... are linked to the real estate market in Costa Rica."

"... Gerardo Arguello, manager of the Nicaragua Stock Exchange (BDVN), recalled that up until now only property investment funds have been registered and offered in Nicaragua, but in Costa Rica there are numerous types of funds, therefore "we have not ruled out registering and starting to offer other types of funds" in the neighboring country."



More on this topic

Real Estate Investment Funds Created in Nicaragua

March 2014

Estimates are of a market potential of $80 to $100 million for the development of real estate funds in the next two years.

The Invercasa Financial Group announced that it is negotiating with the Superintendency of Banks and Other Financial Institutions (Siboif) to open a real estate fund management company.

Real Estate funds Seeking Investors Throughout the Region

June 2013

Investment Fund Managers in Costa Rica are looking to market their securities across Central America.

Some of these companies have many years experience in foreign markets and other started this year in 2013. For example the two funds belonging to Improsa SAFI have been authorized in Panama since 2009, while others such as Interbolsa, resumed this year the work of internationalization in all countries.

Modifications for Investments Funds in Costa Rica

January 2009

The decrease in the minimum asset level in Real Estate Funds to $5m encourages the undertaking of smaller real estate development projects.

The measure adopted by the Superintendence of the Stock Market hopes to adapt the rules to the current financial and economic crisis to promote investment, especially in the construction sector.

Costa Rican real-estate funds slow to take off

May 2008

Real-estate development funds are a novelty in Costa Rica's financial markets and they have been slow to take off.

Although the market regulator, Sugeval, has authorized 13 projects to far, only one is actually under construction.
Market specialists say that investors are wary of any new concept, but some complain that the system involves too much red tape.

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Invercasa Puesto de Bolsa Nicaragua

Organization that operates in Nicaragua.
Phone: (505) 2277 1212

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