Funds are searching for business centers in Costa Rica

©image: Jorge Cortell

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.

Source: La República

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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.

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.

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.

New Mall Opens in Guatemala

November 2011

With an investment of 3 million, Calidad Inmobiliaria will open the Paseo Carnival Mall .

Located at kilometer 162 of the CA-2, the mall in its first phase is more than 8 thousand square meters large.

"The complex has anchor stores such as the supermarket La Barata, the Megapaca and the appliance store El Gallo más Gallo, as well as 70 shops, a financial center with 4 banks and 20 kiosks", noted an article on Cnn.com.gt