Arab investors buck world trend with signature office tower for Guatemala

Guatemala City isn't a popular choice among international property investors scouting for locations to build a signature office tower.

 

Yet, construction has begun on a downsized replica of one of the Middle East's most iconic modern structures, Dubai's sail-shaped Burj Al Arab Hotel.

 

But the most impressive aspect about the building is not its architecture; it is the fact that it is even being built that astonishes locals. During the recent global economic downturn, construction projects were cancelled across the world.

 

Original source: Knowledge Wharton