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Industrial Market Report | 2Q 2022

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Panama City, Panama | 2Q 2022

Key Takeaways

  • Occupancies have improved during the year, for a very low availability of ready-to-ocupy facilities.
  • The pace of construction is slow, and 133,000 sqm deliveries are still in the pipeline for early 2023.
  • Rents and sales prices remain stable.
  • There are availability of sites for development of built-to-suit facilities, specially at free trade or special zones with tax benefits.


Download our Office Real Estate Market Report by filling out the form to get an overview of the second quarter of 2022 and learn more about:

  • Market Environment
  • Inventory and Availability
  • Rental and absorption activity
  • Data by Submarkets

Industrial park

Industrial Market Report | 2Q 2022

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Related Experts

Carla Lopez

Valuations Director

Panama City

Carla Lopez, MAI, MRICS has a twenty-five years of sound experience in the real estate field.  She has worked in both the public and private sectors, as an urban planner, architect, consultant, and valuer.  Among her relevant career experience, she has worked as an Urban Planner, National Heritage Director of Panama;  Multilateral Organizations, Consultant; Director of Valuation and Advisory of CBRE Panama, Latin America Research Director for CBRE, and Director for In Situ Corporation.  Mrs. Lopez has performed a large number of appraisals and real estate consulting assignments in Panama and Latin America, including Colombia, Costa Rica, El Salvador, Peru, Ecuador, and the Dominican Republic; she is also an expert in real estate market research from Mexico to Argentina.

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