The original developer of the Trump Ocean Club, Newland International Properties, has sold more than 200 hotels units to an international investment group, essentially ending its role in promoting Panama City’s best-known project. The unnamed group paid $23.7 million for…
The year-old expansion of the Panama is having far-reaching impacts on the global economy and trade. And it’s also impacting the environment. Shipping companies have been able to lower their total carbon emissions by 17 million metric tons in the…
By Jeff Barton Panama’s recent decision to embrace a formal relationship with China will have far-ranging implications for the country’s economy, including the real estate market. Five years ago, Chinese home buyers were almost non-existent in Panama City, but that…
The expansion of the Panama Canal made world headlines when it opened one year ago, and now officials have released the a report card on the new Canal’s initial performance. “The Expanded Panama Canal has continually set records and surpassed…