In Costa Rica, the lease of a building to house DRIPSSRB officials is being tendered in the form of an abbreviated bidding process.
Costa Rica Government Purchase 2021LA-000001-0001102799:
"The Costa Rican Social Security Fund requires to rent a building to house all the officials of the DRIPSS Brunca, as well as some warehouses for the custody of supplies, since the building where they are located is insufficient.
The Instituto Costarricense de Acueductos y Alcantarillados tenders potable water delivery services on demand via tanker truck rental, which will be distributed nationwide.
Costa Rican Government Purchase 2021LN-000007-0021400001:
Between the first quarter of 2020 and the same period of 2021, the total leasable area in Panama City increased by 4.79%.
Commercial real estate consulting firm Newmark Central America reported that the industrial and logistics real estate market inventory in the Panamanian capital totaled 1,420,480 square meters (m2) of total leasable area, a figure that exceeds the estimate of a year ago.
The Instituto Costarricense de Electricidad (Costa Rican Electricity Institute) is bidding for the financial leasing of computer equipment, on a delivery on demand basis for a period of six years.
The oversupply of office space and changes in the dynamics and ways of working of companies have led the office rental market to a corrective or adjustment phase, which is mainly evidenced by the downward pressure on rental prices.
At the beginning of 2021, CentralAmericaData expected that in the coming years, 4 out of 5 companies will bet on hybrid work modalities, which include face-to-face and remote activities. This phenomenon will force office supply to adjust to the new market conditions.
The Congress approved by articles and final wording the Leasing Law, a legal framework that establishes mechanisms for people to lease with option to purchase.
With 101 votes in favor, the Plenary of the Congress of the Republic approved Decree 2-2021, Leasing Law, which regulates leasing with option to purchase in the Guatemalan legislation, informed the legislative body.
Between July and October 2020, the number of people in Guatemala exploring luxury car rental options online increased 28%, while the number of Panamanian consumers seeking to rent a compact car decreased 53%.
CentralAmericaData's interactive platform, Consumer Insights, monitors in real time the evolution and changes in consumer habits in all markets in the region and in other Latin American countries, with fundamental information to understand their behavior, new trends and anticipate eventual changes in their purchase patterns.
A bill was presented to the National Assembly to regulate the leasing of real estate, so that the client who rents a property has the option to buy it.
In order to regulate the financial leasing of real estate known as real estate leasing or housing leasing, the Minister of Housing and Land Management (Miviot), Rogelio Paredes, was the official the Executive who presented the bill to the Assembly.
Because the supply of office and commercial buildings has increased, and at the same time unemployment has also risen, in Costa Rica the directors of these properties foresee that next year the parties will have to renegotiate the contracts.
Data collected by Colliers International indicate that between June 2019 and the same month in 2020 the total inventory of commercial buildings increased by 1.5% from 1.16 million m2 to 1.18 million m2.
As a result of the crisis, in Costa Rica in June of this year the rate of availability of premises in shopping centers climbed to 11.8%, a proportion of concern because a healthy level should not exceed 10%.
When the first cases of covid-19 were reported, in all Central American markets the interest in renting residential apartments fell abruptly, however, since April the fall stopped and in the last months an upward trend was evident.
Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets that operate in the region.
The Ministry of the Presidency of Panama tenders the car rental service for the use of staff of the institution and its agencies, for the term of 24 months.
Arguing that the dynamic evolution of covid-19 has changed the socio-economic conditions of the population, a decree was issued to modify the rule that suspends evictions and launches, for the duration of the health emergency.
Although at the beginning of the covid-19 outbreak in all the markets of the region the interest for the rent of apartments of residential use diminished, at the beginning of April the fall stopped and in some countries an incipient rise is reported.
Through a system for monitoring changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long-term demand trends for the different products, sectors and markets operating in the region.
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