Real Estate Investment Funds Created in Nicaragua

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

Friday, March 7, 2014

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.

Statistics from Invercasa have recently indicated that in the last 18 months, since the firm entered the market of real estate investment, these funds represent 97% of all international transactions in Nicaragua, resulting in 70 domestic investors contributing 10 million dollars, with gains of 7.5%.

So far international transactions consist of Nicaraguan investors buying property in Costa Rica, according to Acobo Financial Group.

"The idea is not only that Nicaraguans buy titles in Costa Rica, but also that people from Costa Rica buy in Nicaragua," said the Vice President of Invercasa, Raul Amador.



More on this topic

Growth of Investment Funds in Nicaragua

November 2013

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.

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. "

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.

Nicaragua: Real Estate Investment Funds

October 2012

With advice from the Chamber Investment Funds of Costa Rica, the creation of real estate investment funds is being worked out.

The Nicaraguan Association of Stock Brokers (ASOBOLSA) has "scheduled a three-day seminar in late October, in which the industry will learn to organize and operate these investment funds."

Real Estate Funds in Costa Rica

July 2012

Without having achieved exceptional growth, these securities maintain acceptable occupation levels and competitive returns.

From the blog Pulso Bursátil by Aldesa:

What happened to the real estate funds industry in Costa Rica?

Since the advent of the subprime crisis in 2008, and although real estate funds industry has not shown an exponential growth, the occupation levels of these securities remain acceptable and returns are competitive at a time when dollar interest rates are "exceptionally low. "

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Invercasa Puesto de Bolsa Nicaragua

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

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