Panama City Hosts International Real Estate Congress

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Panama City will host the 67th FIABCI World Congress in late May, with real estate experts from around the world gathering for what is considered one of the most important annual events for the international property industry.

The annual World Congress will be held May 21–26 at the Hotel Riu in Panama and is expected to provide a valuable opportunity to display to the world the strength and investment potential of the local real estate market, bringing together the leaders of the organization and Panama’s property professionals. The Panamanian Association of Brokers and Real Estate (ACOBIR) will play host to the event.

The World Congress will follow a detailed program with the focus on education and best practices for international property deals. Its main objective is to promote business and create an atmosphere where connections are forged and deals are made. Local experts and ACOBIR representatives will play an active role in the panels and discussions. Panama City mayor José Blandón will speak on “smart cities” and there will be a session devoted to beach real estate in Panama.

FIABCI, the International Real Estate Federation, is one of the best known and most respected organizations for industry experts, developers, brokers, and managers specializing in international real estate. Their 3,000 members represent 65 countries, and include 100 professional associations and 65 academic institutions.

This will be the first time the World Congress has been held in Latin America. With many of the members based in Europe and North America, this could serve as their first introduction to Panama City.

Outside of the seminars and workshops, attendees will be exposed to the attractions and amenities available in Panama City, with tours of the Canal, Casco Viejo, and the Presidential palace as part of the planned activities.

Panama’s real estate professionals are preparing hard for this opportunity to show their international counterparts the city’s maturing market with its multitude of investment and development opportunities.

Source: PuntaPacificaRealty.com

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