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Central America Link, Costa Rica, March 3, 2009

Ivanka Trump taps Panama as hottest market in world real estate
Tuesday March 03 2009
Ivanka Trump, executive vice president of development and acquisitions at US-based Trump Organization, is bullish on Panama.

“I have projects all over the world [and] have a unique sense of the global real estate climate and submarkets,” she said. “Panama is one of the strongest, if not the strongest, real estate market.

“Our biggest problem is not having enough inventory. We only have a small percent of the building left.”

The 70-story Trump Ocean Club is scheduled to open next year, offering a combination of condominiums, hotel, yacht club, restaurants, stores and a casino.

Original source: Latin Business Chronicle

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