Monday, August 29, 2016

Panama City property auction seeks qualified buyers

The Panama Stock Exchange reported that an auction will be held for the lot of land and improvements for the Hotel Unicorn (Park Inn by Radisson under construction on Finca 1025) in 44 Street and Justo Arosemena Av., in Bella Vista, one of the prime neighborhoods of downtown Panama City.

Corporate bonds were issued of which about $ 2.7 million were placed on the market for the issuer UHR Development (BVP: UHRD).  The property will be auctioned by the bond trustee to interested qualified buyers under the terms and conditions of said issue.

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The appraisal of the property is available in:
Panama Stock Exchange website
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