Office building
in Central America
Monday, May 7, 2012
The fever for building construction has not affected, for now, rental prices for office properties in Panama City.
Although there is in the country an inventory of office space which is enough for over six years, the construction of large buildings for this type of business has not stopped and both vacancy rates and prices are stable and have not impacted the market, reported Capital.com.pa.
Friday, May 4, 2012
Real estate agents give good advice: Attack the client before arriving in Panama and know their needs.
The supply of offices, especially Class A ones, is very competitive in the Panamanian capital, as buildings in this category have great locations, finishes and amenities.
Thursday, May 3, 2012
4D Real Estate Development has inaugurated the first phase of the Terra Campus Corporate office center, adjacent to the mall Terramall in Costa Rica.
From the press release by 4D Real Estate Development:
Monday, March 26, 2012
In the past two years, land prices in the radius around the canton of Alajuela have multiplied by six.
Within the GAM (Gran Area Metropolitana), since 2010 Alajuela has been top area in terms of square meters processed, say statistics from the Association of Engineers and Architects (CFIA). That would explain the very interesting property prices in this canton.
Tuesday, March 6, 2012
The computer manufacturer has increased its investment in the Canal country, with a new headquarters building, at a cost of $10 million.
With an investment of $10 million, the multinational computer corporation Dell plans to open its new head office building in Panama in mid 2012.
Wednesday, February 22, 2012
Three six storey buildings make up the Sigma Business Center, to be inaugurated in April 2013.
The new office center in San Pedro has been built by the group that owns the San Pedro Mall.
The company spokesman, Guido Granados, said in an article on the website of El Financiero that, "Two of the buildings are to be used for class A office rentals in sizes that go from 160 square meters upwards.
Friday, January 27, 2012
New businesses will open in the Greater Metropolitan Area of San Jose in 2012, with spaces of between 4,000 and 100,000 square meters.
The stores identified are: Lagunilla, Torre 202, Plaza Carolina (stages 1 and 2), Plaza Tempo, Trivium Center, Plaza Lincoln, Paseo Plaza Santo Domingo and Metropolis, according to information provided by Danny Quiros, Market Intelligence Manager of Colliers International , a `real estate consulting firm.
Wednesday, November 30, 2011
An NAI Costa Rica Report for the third quarter 2011, gives analysis categorised by supply, demand and prices, and an evaluation of new projects.
Extract from the report:
The office property market is stable with an availability rate of 8.9%, up 1.1% from last quarter, due to the steady inflow of new office centers to the market.
Tuesday, November 29, 2011
The east and west of the capital are the areas that will see the greatest growth in 2012.
The economic slowdown experienced by Costa Rica , resulting from the global economic depression seems not to have greatly affected the construction sector, at least when it comes to office centers.
Tuesday, November 1, 2011
The new "Corporate Multi-center" ("Multicentro Corporativo" in Spanish) complex will be opened in November in the Costa Rican capital, San Jose.
Approximately 5,300 m2 of office space will be created on two floors with 2,300 m2 on the fourth floor and 2,100 on the seventh.
The Multicentro Corporativo offices will form part of a shopping mall complex with the same name located in Desamparados, Costa Rica.
Tuesday, October 18, 2011
Panama's government has suspended the controversial construction of the tower and transferred the land to the Ministry of Health who announced that a new Children's Hospital will be built there.
This was confirmed by Economy Minister Frank de Lima, putting an end and the controversy that had triggered the construction of the Financial Tower on Balboa Avenue.
Thursday, October 13, 2011
The housing development project will require an investment of $50 million in the first year alone.
The first phase of construction of the mega development, which will incorporate residences, medical clinics, shops and offices, begins shortly.
Wednesday, October 12, 2011
The Ministry of Finance is looking at a new location for the Financial Tower.
The new finance minister, Frank de Lima, remarking on the possibility of building in the area of the former U.S. Embassy on Avenida Balboa, said at a press conference, "... personally I think that this land could be better used. "
Tuesday, October 4, 2011
The Public Security Ministry is putting out to tender the remodeling and adaptation of infrastructure at the Centre for Higher Education (CES in Spanish).
According to the specifications the tender is for the first phase of renovations, and infrastructure adequacy on No. 19 Building, Infrastructure in Buildings 18 and 32, the parade ground of the new site for the Centre for Higher Education (CES).
Wednesday, August 31, 2011
The National Insurance Institute (INS) has put out to tender the construction of a new building for its headquarters in Guadalupe.
According to the specifications the tender is for the procurement of professional services (architectural and engineering) to conduct preliminary studies, preliminary design of construction drawings, specifications, detailed budget, carry out the demolition of the existing building and construct the new site for the National Insurance Institute using a prefabricated system in Guadalupe, San Jose.
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