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Uruguay REITs Offer New Vehicle For Investing in South America Real Estate

Patrick Archer May 23, 2012 aruba, foreign investment, real estate, uruguay

Investors worldwide have enjoyed the access, convenience and tax advantage of Real Estate Investment Trusts (REITs) for decades, but the popular vehicle has never been offered in one of South America’s most stable and transparent commercial real estate markets…until now. The first Uruguay REIT was just structured as a trust (fideicomiso in Spanish) and raised US$60 million from both individual and …

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