Businesses Promised by West PanamaThursday, September 26, 2019 Businessmen are looking to districts such as Arraiján and La Chorrera, as the improved connectivity brought by the Fourth Bridge over the Canal and Metro Line 3 will bring a wide range of business opportunities. These districts, in which considerable growth is expected in the next few years, currently remain among the main areas attracting investment in the construction sector, since according to figures from the Comptroller's Office, between January and July of this year, the costs of new works, additions and repairs reported in La Chorrera and Arraiján, totaled $79 million and $58 million, respectively. Real Estate Fair: $180 Million in Business AgreedWednesday, September 25, 2019 At the Expo Capac in Panama, 2,100 homes were sold, and mortgage transactions for nearly $180 million were achieved, surpassing the projections of the organizers by 50%. This year was attended by 400 exhibitors who presented some 600 real estate projects and the support of 14 mortgage banks, public and private, which closed buying and selling procedures with thousands of visitors who came together during the five days of the fair event, reported the Panamanian Chamber of Construction (CAPAC). Big Data and Real Estate MarketFriday, August 30, 2019 Identifying the best areas to invest in, knowing what type of property is in demand in each area, whether you are looking for more rentals or sales, homes or offices, or in which segments of the population there is more demand for each type of property, is part of what can now be analyzed using modern Big Data techniques. The real estate market is not alien to the new reality focused on analyzing large volumes of information and making business decisions based on data. Real Estate: Opportunities in the CrisisThursday, September 12, 2019 Although the construction of houses in Nicaragua is depressed because of the crisis that the country is going through, entrepreneurs in the sector see business opportunities in the resale of real estate and land. According to reports from the Central Bank of Nicaragua (BCN) in the fourth quarter of 2018 the area effectively built decreased 50% over the same period in 2017, explained by the decrease of 61% in construction registered in Managua. Altia Smart City in TegucigalpaWednesday, September 10, 2014 The Karims business group has laid the foundation for a $100 million real estate project that aims to replicate the success of the concept in San Pedro Sula. From a statement issued by the Presidency of Honduras: Warehouses: Where is Potential for New Developments?Wednesday, August 28, 2019 Villa Nueva, Villa Canales and San Miguel Petapa, are the municipalities in Guatemala that have a high commercial opportunity for new developments of warehouses and industrial parks. Although the greatest potential for developing new warehouse-office parks in the country is located in the southern municipalities of the metropolitan area, there are also growth opportunities in the El Naranjo sector, in Mixco, and also in the Atlantic exit. Construction: $320 Million in New ProjectsMonday, January 14, 2019 A water treatment plant in Panama, five multi-purpose buildings in Costa Rica and a business center in Guatemala are part of the projects planned for the coming months in the region. The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects expected to be built in the coming months. Panama: $160 million MallFriday, March 27, 2015 An announcement has been made for the construction of a 66 thousand square meter mall containing 190 stores, called Alta Plaza in Panama City. The Alta Plaza shopping center will be located at the intersection of the Northern Corridor and Via Centenario, and is expected to open its doors in September 2015. Home Sales: Unsatisfying ForecastsThursday, June 27, 2019 Businessmen in Nicaragua estimate that this year the sales of houses will not exceed one thousand units throughout the country, which is explained by the economic situation that the country has been living for fourteen months now. Although in April 2018 the political and social crisis broke out in the country, builders managed to sell 3,108 homes last year, but the figure was 34% lower than the 4,738 homes sold in 2017. Construction and Housing Fair in PanamaWednesday, August 30, 2017 The amount of transactions projected to be made at Expo Habitat 2017 is $120 million, an event which will be held from September 13 to 17 in Panama City. Within the framework of the housing and construction fair, where more than 600 real estate projects will be exhibited, a business conference will be held involving companies in the sector, in which it is expected that at least $20 million worth of to businesses deals will be closed. Port Area Attracts InvestmentMonday, March 16, 2015 A free zone, two hotel developments and a condominium estimated at $185 million and $30 million are part of the works that private entrepreneurs have planned for the province of Limon, in Costa Rica. With the announcement of the construction of the container terminal at Moin and the extension of Route 32, investors have glimpsed investment and business opportunities in the province, which foresees strong economic development in the coming years. Panama: $5 billion in Construction WorksThursday, September 11, 2014 The union of construction companies has estimated at the close of 2014 that investments made during the year on construction projects in the country will be worth about $5.6 billion. McGowen Roderick, president of the Panamanian Chamber of Construction (CAPAC), said during the inauguration of the construction fair CAPAC Expo, "... according to the most conservative projections sector investment for this year will amount a total of approximately $5.65 billion. " Guatemala: More Real Estate Development in the CapitalThursday, September 11, 2014 The increasing preference for residences in central areas of the capital is generating business opportunities for developers in areas which have not yet been exploited. Real Estate companies say that although there is a good distribution of the supply of high rise and traditional houses in the capital, "... Costa Rica: Businesses Seek to Reactivate the CaribbeanFriday, August 29, 2014 In the absence of concrete actions by the state, companies in the province of Limón have announced that they will promote economic development in the area using foreign investment. In order to generate more projects to develop economic activity in the province of Limón, employers in the area are calling for foreign investors who have an affinity with the region. Multipurpose Projects: More Profitable?Monday, February 18, 2019 For real estate developers, combining offices, residences and businesses in the same project reduces the risk of losing profitability, as lower demand for one component can be offset by higher demand for another. With the aim of reducing investment risks, Costa Ricalas companies prefer to build multi-purpose projects, which combine residences, offices and shops. |
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