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Can Panama City avoid a building bust?
Boosters maintain biggest skyscraper boom after Persian Gulf, China is sustainable
Despite the drumbeat of grim real estate news from elsewhere in the world, visitors at the launch party insisted that the real estate situation in Panama City, home to just over a million residents, was different — and that the city's construction boom was built on a bedrock of solid fundamentals, including an economy growing at about 7 percent a year, an influx of companies opening outposts and a wave of retired and semi-retired American homebuyers...
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ABC News Video on Panama
ABC News correspondent Jeffrey Kofman interviews José Bern about Panama’s booming real estate market. |
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Empresas Bern Inagurates new Model Apartment and Hosts Groundbreaking Ceremony at Tortuga Bay
Empresas Bern celebrated the Grand Opening of the model apartment at Tortuga Bay, located in the exclusive Coronado Golf & Resort Club, on Saturday, February 23rd.
To read more about Tortuga Bay
click here

José Manuel Bern, General Manager of Empresas Bern,
cuts the ribbon on the new model apartment at Tortuga Bay (February 23, 2008).
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CNN Money.com - Fortune
Latin America's real estate Panamania
Once a sleepy Latin American capital, Panama City has become one of the world's hottest real estate markets. How long can the fever last?
By Eliza Barclay, Fortune Magazine
To read article click here
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