Funds are searching for business centers in Costa Rica

Business centers in Costa Rica are being sought by several funds operating in the country, because they see these real estate investments as good opportunities for a high return on investment.

Thursday, July 24, 2008

For example, the Fondo de Inversión Popular Inmobiliario (Fimpo) is putting up 13.5 million dollars to buy the Paseo de Las Flores Business Center in Heredia.

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Panama: Shopping Center in Costa del Este

July 2013

Benzar Holdings has invested over $40 million in Atrium Mall, which will boast 14,500 m² to retail space.

The new mall, construction of which is expected to be finished in about two years, will also have seven rooms for art cinemas, a play area, a spa, restaurants and bars.

Paseo de las Flores Mall Inaugurates Expansion in Costa Rica

November 2010

With a $ 41 million investment, the third stage of the mall was inaugurated.

According to the developer of the project, Mega Developments SA, the new phase will generate 750 direct jobs.

"In total, Paseo de las Flores has 341 stores, six bank branches, five movie theaters, 1,480 parking spaces as wells as restaurants and fast food areas", reported Nacion.com.

Shopping Mall Fever in Panama

September 2009

Development of Shopping Malls is the most profitable real estate endeavor today, and not just in the capital city, but in all of Panama.

$160 million are being invested in 8 shopping malls around the country, showing the potential of this sector. Growing customer's demand for shopping venues is satisfied through new investments.

Grupo Eskala invests $35 million in Guatemala

July 2008

Grupo Eskala has announced that it will build a new busincess center in the Mixco Zone in Guatemala.

The 35 million dollar facility, Eskala Roosevelt, will have 82,000 square meters with a double basement for parking and capacity for 1,500 vehicles, with three floors for local businesses to locate, and a Hiper Paíz supermarket.

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