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Leaders in Panama’s real estate

Article - May 6, 2015

Established in 1999, CBRE has grown to become the leading real estate firm in Panama and “one-stop shop” for investors in property, offering a wide range of innovative solutions

PANAMA CITY'S FINANCIAL DISTRICT

Breakneck economic growth has fueled a real estate boom in Panama, with a string of luxury high-rise office buildings, five-star hotels, factories, warehouses and residential housing projects sprouting up in Panama City over the past decade.

An affiliate of CBRE, one of world’s largest real estate firms, CBRE Panama has benefitted greatly from this boom, thanks to prudent investment in prime real estate and the successful management of brokerage and sales of commercial, industrial, and residential properties.

CBRE Panama stands out not only as one of the country’s leading real estate companies; but also as a multi-service provider offering a wide range of innovative solutions.  “We are not precisely real estate developers,” says the company’s General Director Ramón Roux, a veteran of the real estate industry with more than 27 years of experience who has overseen CBRE Panama’s expansion since its inception.

“We provide services for developers and intermediaries: transactions, consulting, valuing, among others. Our wide range of services allows us to understand the market and its behavior much more accurately than other companies operating in the sector.”

The company also offers facility and project management services – from maintenance, cleaning, and landscaping, to construction management, project budgeting and planning, interior design, and supplier coordination.

“We are a one-stop shop,” states Mr. Roux. “This has always been our vision though at the beginning we weren’t quite ready. We have been here for fifteen years now and started operations only offering transaction and valuation services.”

Fifteen years on since its humble beginnings and the company can now boast to be an ISO 9001-certified company. The ISO 9001 certification – the global benchmark for quality management – was given to CBRE Panama in February, representing an important milestone for the company. It is seen as a valuable tool that helps businesses to ensure success and profitability in its performance, as well as consolidating its market potential, and will put the company on track to achieving the goals set out by the General Director.

Speaking on the main goals for the company over the medium term, Mr. Roux says, “First, I want my people to be better than they are today. Second, I want CBRE to continue to be profitable. Third, I want the country’s investment to reach the needy. 

“In the following years we will continue to be more and more professional, to re-structure and enhance our business, to develop our organizational culture, and, of course, to strengthen our social impact.”

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