Real Estate Seeks European Investment

Real estate developers in Panama believe that the financial turmoil in Europe is an opportunity to attract investors to the country.

Tuesday, October 4, 2011

Representatives from the real estate sector have approached European promoters, offering Panama as an investment platform.

Wilson Ruiz, president of the Association of Brokers and Real Estate Developers (Acobir) told that "the idea is that they can distribute their investments and large capital which at the moment they are not being productive in their countries. "

Osvaldo Marchena, businessman and member of the association believes that Panama could become 'America's Real Estate Hub'.

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