29 Jan '16, 4am

GreenWatch Latin America: Retail on the rise

Guatemala City, Guatemala—Retail real estate is about to get a major makeover in Latin America. Investors, national REITS, and Latin American developers are replacing aging and energy-inefficient shopping centers with new, LEED-certified spaces. Driving that change are the demands of the growing middle class for an urban destination featuring shopping, leisure and entertainment in a safe and comfortable environment. These new spaces also reflect the tradition of central plazas in historic city centers, providing a connection to nature and a space for people across the city to come together. Since USGBC published the LEED in Motion: Retail report in August 2014, the number of LEED spaces registered and certified in the retail sector has grown significantly. Just look at the difference in the top countries in Latin America: Today, there are over 239 retail projects in Latin ...

Full article: http://www.usgbc.org/articles/greenwatch-latin-america-re...

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