Panama predicted to attract rising real estate investment
August 11, 2016 - Panama
Panama is set to see rising demand from international real estate investors, a top conference has heard.
The FIABCI (International Real Estate Federation) 67th World Congress in Panama City, Panama, at the end of May, heard that real estate growth is likely thanks to Panama Canal expansion and related logistics development projects.
The event was attended by Leading Real Estate Companies of the World President/CEO Pam O’Connor and Vice President Global Operations Chris Dietz joined hundreds of real estate industry leaders from 65 countries in Panama City.
Danielle Grossenbacher, FIABCI’s Immediate Past World President, says, “The FIABCI World Congress in Panama offered our participants a unique perspective focused on ‘Connecting Development for a Better World.’ Panama’s expanding and dynamic real estate market and strong economic potential made this a perfect venue for this year’s event.”
FIABCI, the International Real Estate Federation, is a business network of real estate professionals worldwide, which provides access and opportunity for real estate professionals interested in gaining knowledge, sharing information and conducting international business with each other.
Eric Van Hoorde, president of ACOBIR, the organizing association of the event says, “The organization of this global real estate congress represents a country event of great significance and was an excellent opportunity for Panama, due to the fact that in recent years we have grown significantly in the global real estate sector. Thousands of people consider Panama as the ideal place to live and do business because of the important first class infrastructure and its relevant tourist attractions that provide the city a cosmopolitan destination connotation. ”
The program featured top speakers, international networking and marketing sessions and recreation and study tours of Panama. Special guests included the President of the Republic of Panama Juan Carlos Varela and Panama’s Ministry of Housing Mario Etchelecu.
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Trends, Investment property, foreign investors