Post by account_disabled on Mar 7, 2024 8:55:08 GMT
The pronouncements of Donald Trump, the billionaire Republican candidate for the White House, against illegal immigrants caused him to lose contracts in the United States, but beyond its borders, the controversy has not scared away his partners in real estate businesses. When Trump called the majority of undocumented Mexicans “criminals” in June, American companies (NBC, Macy's, Univision, etc.) broke with the real estate magnate. But those words did not have much impact in Asia and South America, where developers paid high sums to place the Trump sign, a symbol of luxury, on their buildings. “That had absolutely no impact,” says Juan Di Salvo, commercial director of the future Trump Tower in Punta del Este scheduled for 2017 on the Uruguayan coast. Aimed at the “rich and famous,” half of the apartments have already been sold, most of them to Argentinians, says Di Salvo. And the 97 workers on the construction site have no intention of protesting. “We don't need to agree with whatever (Trump) says. We just want to keep our jobs,” says the leader of the Uruguayan construction union Faustino Rodríguez.
Turkey South Korea, Philippines, India, Panama, Brazil the Trump real estate empire extends across 12 countries outside the US. Five golf America Mobile Number List courses and 12 housing complexes, eight of which are under construction: residential or mixed towers (apartments/hotels), with some office projects. Their common elements are height, brilliant architecture and decoration, and a name, Trump, for which royalties are paid. The billionaire himself does not often invest in real estate, which is built and managed by local developers. “We don't need to agree with what he says; We just want to keep our jobs,” says a union leader from Uruguay. The talkative Republican pre-candidate inaugurated in 2011 in Panama the tallest tower in Latin America, shaped like a sail: 70 floors overlooking the Pacific. It was later surpassed by one built in Chile. In the Philippines, where a skyscraper is being built in the financial district of Makati, the media and social networks have so far ignored the controversy unleashed in the US.
Practically everything has been sold. There was no negative effect,” says Maria Theresa Yu, spokesperson for the developer Century Properties. “Everything has sold very quickly, since the Trump brand is synonymous with luxury. “Filipinos want to live in luxury, it’s like buying a Louis Vuitton bag.” The same success and the same media silence in Bombay, the financial capital of India, where 40 percent of the apartments in the future 75-story golden Trump Tower have already been sold, according to the developer Group. And, according to a spokesperson, the price per square meter increased 70% in one year. “The price of properties that bear Trump's name is not going to change because Trump says this or that,” explains Jang Jae-Hyun, a real estate expert at Real Today, in Seoul (South Korea), where in 2007 six Trump residential buildings were inaugurated. But, he warns, if Donald Trump continues to utter offensive words, “companies could begin to question the advisability of using his name in their projects.” The question arises in projects not yet started, such as in Rio de Janeiro, where Trump sold his brand for five office towers in a port area.
Turkey South Korea, Philippines, India, Panama, Brazil the Trump real estate empire extends across 12 countries outside the US. Five golf America Mobile Number List courses and 12 housing complexes, eight of which are under construction: residential or mixed towers (apartments/hotels), with some office projects. Their common elements are height, brilliant architecture and decoration, and a name, Trump, for which royalties are paid. The billionaire himself does not often invest in real estate, which is built and managed by local developers. “We don't need to agree with what he says; We just want to keep our jobs,” says a union leader from Uruguay. The talkative Republican pre-candidate inaugurated in 2011 in Panama the tallest tower in Latin America, shaped like a sail: 70 floors overlooking the Pacific. It was later surpassed by one built in Chile. In the Philippines, where a skyscraper is being built in the financial district of Makati, the media and social networks have so far ignored the controversy unleashed in the US.
Practically everything has been sold. There was no negative effect,” says Maria Theresa Yu, spokesperson for the developer Century Properties. “Everything has sold very quickly, since the Trump brand is synonymous with luxury. “Filipinos want to live in luxury, it’s like buying a Louis Vuitton bag.” The same success and the same media silence in Bombay, the financial capital of India, where 40 percent of the apartments in the future 75-story golden Trump Tower have already been sold, according to the developer Group. And, according to a spokesperson, the price per square meter increased 70% in one year. “The price of properties that bear Trump's name is not going to change because Trump says this or that,” explains Jang Jae-Hyun, a real estate expert at Real Today, in Seoul (South Korea), where in 2007 six Trump residential buildings were inaugurated. But, he warns, if Donald Trump continues to utter offensive words, “companies could begin to question the advisability of using his name in their projects.” The question arises in projects not yet started, such as in Rio de Janeiro, where Trump sold his brand for five office towers in a port area.
