During 2018, the Panamanian economy showed signs of a much more positive dynamism compared to previous years.
New trade agreements, economic stability ans privileged location managed to maintain a stable and sustained growth of foreign investment and productivity of the country mainly during the second half of the year.
Recent results in demand, a slowdown in the growth of supply and a significant decrease in rental prices, place the Office real estate market in Panama city in a corrective stage that seeks to establish equilibrium levels.
By 2019, this transition has meant important changes in the contractual terms that have come to significantly favor the users of corporate spaces.
Download our Office Market Report for more information regarding the office market for the first quarter of 2019.