1/12/2020
CAPAC Expo Hábitat in its virtual version, held from October 15 to 27, exceeded all the expectations of its organizers in terms of the number of transactions, since it closed with sales for more than $ 100 million, according to figures collected from participating banks and promoters.
This amount far exceeds the projections of $ 40 million established by the organizing commission considering the current economic situation as a result of the coronavirus pandemic (COVID-19).
At this housing fair, 120 exhibitors from different commercial branches of the construction industry were present, such as banking, real estate brokers, real estate agents, developers, suppliers of materials and services, and 230 housing projects were commercialized, which was able to close the sale of 1,600 properties, 600 more than had been projected.
The price range of the housing units with the highest demand was between $ 40,000 and $ 180,000, that is, those that apply to the preferential interest rate, said Demetrio Arosemena, president of the Organizing Commission of Fairs of the Panamanian Chamber of Construction ( Capac).
An element to highlight was the access or visits to the platform of investors and people interested in the Panamanian real estate market, coming from different countries in America and other continents, among which Panama, Spain, Italy, Mexico, Venezuela, Argentina stand out. , Uruguay and the United States (USA).
The figures collected to date, related to the operations carried out at the fair, will increase as a result of the incorporation and contacts made, which will facilitate new sales and the granting of mortgages during the coming months.
In a report presented by the Organizing Committee of Fairs, through its president Demetrio Arosemena, the Board of Directors of CAPAC described the fair event as successful in its first virtual version, results that are weighted taking into account the current state of the product economy of the COVID-19 pandemic.
The event had a total of 94 digital conferences, which were broadcast simultaneously through social networks at @FeriasCapac on Facebook and YouTube. Arosemena commented that it is currently possible to access these platforms and see the interesting content of all the talks.
Source: https://elcapitalfinanciero.com/capac-expo-habitat-2020-sobrepaso-todas-las-proyecciones-al-cerrar-con-transacciones-valoradas-en-mas-de-100-millones/
Hitler Cigarruista
hcigarruista@capital.com.pa
Capital Financiero
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