November 20, 2018 |
Real estate investment funds in Chile are expected to grow 15% in the next 12 months, buoyed by a fast-growing property market and high returns, LatinFinance has heard.
"The category is growing strongly and above the average investment fund growth of 10%," said an analyst at a ratings agency in Santiago.
Chile's property funds managed $1.8bn in assets at the end of March this year, up 24% on the same time last year, according to the latest figures from the local investment fund association Acaf
Investments could grow 15% in the next 12 months, helped by a fast-growing property market and high returns, sources say