Argentina, the apple in Latin America’s eye
Fuente: SimaPress
Companies from Argentina, Brazil, Colombia, Uruguay, Panama, Mexico and Chile will take part in SIMA’s tenth edition once again. “Some of the most used formulas by entrepreneurs and investors to penetrate Latin American markets are to purchase huge buildings in financial districts in order to rent them out as companies’ headquarters, to buy land in the coastline to build second-home developments or to buy apartments under a condo-hotel system”, points out Santiago Herreros de Tejada.
Argentina will have one of the most numerous representations of those participating in SIMA08. According to Jaime Garbasky, president of Grupo Ecipsa, “the apple in the eye” of Latin America generates profits up to 35 percent of the property’s original value, and annual incomes for renting activities are about 12 percent. Mexico, Colombia, Chile, Panama and Uruguay are some of the other Latin American markets that will participate in SIMA08. “Chile’s higher degree of legal certainty, Uruguayan second-home housing developments and resorts in the pipeline and a strong demand of properties in Mexico are some of the attractive factors of those markets”, says Santiago Herreros de Tejada, director of International Expansion of Planner Reed.
New International Pavilion
Fuente: SimaPress - María Alonso, Jefa de prensa
SIMA’s international area has been one of the spaces which grew the most in the recent years. This increasing exhibitors’ growth, along with the rising number of international visitors, has brought about the creation of a new international pavilion which will gather all the products from international markets. Up to now, exhibitors from Panama, Brazil, Dominican Republic, Colombia, Chile, Argentina, Mexico, Turkey, Bulgaria, Hungary, Romania, United Kingdom, United States, United Arab Emirates and Egypt, have confirmed their participation.
Thereby, SIMA08 visitors will find, in a same pavilion, all the properties offered by international companies, devoted to be used either as main or second home.
Nuevo Pabellón Internacional
Fuente: SimaPress08 - María Alonso, jefa de Prensa
El área internacional de la feria ha sido uno de los espacios que ha experimentado un mayor crecimiento en los últimos años. Este creciente incremento de expositores unido al aumento en el número de visitantes internacionales ha derivado en la creación de un pabellón Internacional que acoja toda la oferta de mercados extranjeros. Por ahora, ya hay expositores de: Panamá, Brasil, República Dominicana, Colombia, Chile, Argentina, México, Turquía, Bulgaria, Hungría, Rumanía, Reino Unido, Estados Unidos, Emiratos Árabes y Egipto.
Los visitantes de SIMA08 encontrarán así en un mismo pabellón toda la oferta de primera y segunda residencia internacional.
