Central America & Caribbean Real Estate GRI

Eduardo Caballero

Board MemberNorfolk Financial Group

Panama

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Discusiones Simultáneas | 25 de Agosto | 17:15 - 18:15

Tendencias del Retail

Reconversiones, retos y aprendizajes

Co-chairs

Samuel UrrutiaColliers Región CAAC Moderator

Fernando GuardiaCM Business Group

Fernando MoralesM&A Capital Inc.

Gernot FalkALDI Nord Real Estate

Michael HarariRegency Real Estate Developers

Espacios Flexibles Vs. Oficinas tradicional

¿Cómo se configuran los nuevos desarrollos?

Co-chairs

Daniel ÁlvarezDaki Capital Moderator

Augusto GerbaudM&A Capital Inc.

Chrystopher SabatUltrapark

Jaime Ubilla CarroImprosa SAFI

Katherine ShahaniGrupo Shahani

Roger KinkeadMMG Bank

Tendencias del Retail

Reconversiones, retos y aprendizajes

Cambios en la dinámica de compra y entrega - ¿Qué conceptos llegaron para quedarse? ¿Qué preferencias tiene el nuevo consumidor? ¿Qué tipo de tecnologías potencian la eficacia de los procesos?
Relación con el tenant - ¿Qué readaptaciones se exigen en los desarrollos futuros? ¿Cuáles son las mejores prácticas para una relación win-win? ¿Cómo serán los nuevos contratos?
Bancos, fondos e inversionistas - ¿Dónde observan las mejores oportunidades? ¿Qué tipo de proyectos priorizarán en su cartera? ¿Cuáles son las nuevas condiciones?

Moderator

Samuel Urrutia

CEO

Colliers Región CAAC

Fernando Guardia

CFO

CM Business Group

Fernando Morales

Vice President Private Equity and Real Estate

M&A Capital Inc.

Gernot Falk

Managing Director Country Development

ALDI Nord Real Estate

Michael Harari

Director General

Regency Real Estate Developers

Samuel Urrutia

CEOColliers Región CAAC

Panama

I am founder of the Prival bank where we have 200mm in real estate funds here and in Costa Rica. On a personal basis I am the director of Dekel and selinas a group that develops and buys in the old town 200m in calo and we have expanded hotels where I am a partner in 15 countries throughout America England, Portugal, Budapest and we continue to grow. With Alberto Vallarino from Verde Azul, I am a partner in the 3-hectare project of a beach next to Buena Ventura. I have 20 years of being in the broker industry and we manage large accounts and property portfolios, Siuma Property is not only a different, technical and very formal broker, but we are in the process of making our own REIT, we help the family offices and banks to invest.

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Fernando Guardia

CFOCM Business Group

Panama

Fernando es el CFO de CM Business Group, un conglomerado panameño de empresas que incluyen las cadenas de retail Cochez y Novey, enfocadas en venta de materiales de construcción y productos para el mejoramiento del hogar. Adicionalmente, Fernando maneja CM Realty, una sociedad de inversión inmobiliaria con USD 200MM en activos, cuyos principales arrendatarios son las cadenas Cochez y Novey.

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Fernando Morales

Vice President Private Equity and Real EstateM&A Capital Inc.

Panama

Fernando Morales es Vicepresidente de Private Equity y Bienes Raíces en M&A Capital Inc., firma de inversión panameña especializada en fusiones y adquisiciones. Con amplia experiencia en el sector financiero latinoamericano, Morales lidera estrategias de inversión en capital privado y desarrollo inmobiliario. Su expertise incluye estructuración de operaciones complejas, evaluación de oportunidades de inversión y gestión de portafolios diversificados. Ha participado en múltiples transacciones significativas en el mercado centroamericano, consolidando la posición de M&A Capital como referente regional en servicios de inversión corporativa.

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Gernot Falk

Managing Director Country DevelopmentALDI Nord Real Estate

Germany

Gernot Falk serves as Managing Director Country Development at ALDI Immobilienverwaltung GmbH & Co. KG, part of the ALDI Nord retail group. In his leadership role, he oversees strategic real estate development and expansion initiatives across Germany. Falk brings extensive expertise in commercial property management, site development, and retail real estate strategy. His responsibilities include identifying new locations for ALDI stores, managing property portfolios, and driving the company's geographical growth strategy. Under his guidance, ALDI continues to strengthen its market presence through strategic property investments and development projects that support the discount retailer's expansion objectives.

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Michael Harari

Director GeneralRegency Real Estate Developers

Panama

Michael Harari serves as Director General of Regency Real Estate Developers in Panama, bringing extensive experience in luxury real estate development and project management. Under his leadership, Regency has established itself as a premier developer of high-end residential and commercial properties in Panama's dynamic real estate market. Harari's strategic vision and deep understanding of the Central American property sector have driven the company's growth and reputation for delivering exceptional developments. His expertise spans urban planning, investment analysis, and sustainable development practices, positioning Regency as a leader in Panama's evolving real estate landscape.

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Espacios Flexibles Vs. Oficinas tradicional

¿Cómo se configuran los nuevos desarrollos?

Real Estate como servicio - ¿Cuáles son las claves del futuro de los espacios de trabajo? ¿Qué exigencias tiene el tenant? ¿Cómo adaptarse a las demandas?
Mercados premium Vs. Mercados Secundarios - ¿Cuáles son más atractivos? ¿Qué tipo de activos pueden revalorarse? ¿Cuánto potencial tienen las zonas francas?
Levantamiento de Capital - ¿Cuál es la visión de los inversores frente a brownfields y greenfields? ¿Cuál es el apetito de los bancos? ¿Surgieron nuevas estructuras de financiamiento?

Moderator

Daniel Álvarez

Founding Partner

Daki Capital

Augusto Gerbaud

Vice President

M&A Capital Inc.

Chrystopher Sabat

CFO

Ultrapark

Jaime Ubilla Carro

Director General

Improsa SAFI

Katherine Shahani

Director

Grupo Shahani

Roger Kinkead

Vicepresidente de Banca de Inversión

MMG Bank

Daniel Álvarez

Founding PartnerDaki Capital

Costa Rica

Daniel Alvarez is CEO at Cushman & Wakefield | AB Advisory. Based in Costa Rica, Daniel is responsible for driving the growth and development of the leading commercial real estate team in Central America. Daniel works actively with clients to develop an in-depth understanding of their key business strategies, create a customized real estate solution to meet their objectives and then oversee the execution of that strategy on an on-going basis. As part of such strategies, Daniel has developed a full operating office with the most respected leaders in the industry allowing a record and sustained year over year growth for the firm during the past 10 years. Daniel has worked with corporate, public and private clients in more than 10 countries

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Augusto Gerbaud

Vice PresidentM&A Capital Inc.

Panama

Augusto Gerbaud has been a member of the senior management team at M&A Capital since 2017 and currently holds the position of Vice President. He is responsible for managing the family offices direct and indirect investments in Real Estate. Before joining M&A Capital Augusto held several positions in the area of Corporate Finance and Investment Banking with Banistmo Panama and Banco General.

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Chrystopher Sabat

CFOUltrapark

Costa Rica

Jaime Ubilla Carro

Director GeneralImprosa SAFI

Costa Rica

Economista, Máster en Administración de Negocios. Cuenta con 20 años de experiencia en el mercado financiero y posee amplios conocimientos en el tema de Fondos de Inversión, particularmente del sector inmobiliario. Es Agente Corredor de Bolsa y se ha desempeñado como profesor de Finanzas en el Instituto Tecnológico de Costa Rica. Obtuvo el premio del Periódico El Financiero en el año 2007, con motivo del Empresario del Año. Actualmente se desempeña como Gerente de Improsa Banca de Inversión de Grupo Financiero Improsa. Además, es Directivo de InterClear Central de Valores S.A. entidad proveedora de servicios de registro y administración de valores a las entidades participantes del sistema financiero costarricense.

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Katherine Shahani

DirectorGrupo Shahani

Panama

Katherine is Director for Shahani Group, a family real estate development company with more than 45 years of experience in the construction sector of preferential interest houses, residences luxury, second-use houses, commercial, industrial and marine developments. It is “Ladypreneur”, female entrepreneur with participation in different boards of directors of multiple business sectors.

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Roger Kinkead

Vicepresidente de Banca de InversiónMMG Bank

Panama

Roger Kinkead, CFA, is Director of Investment Banking at MMG Bank, responsible for the design and structuring of public issues through the Panama Stock Exchange including debt securities and investment companies. He participated in the development of the first real estate investment company registered in Panama to take advantage of the incentives established for its development and has acted as financial advisor in the structuring and implementation of multiple real estate investment companies in Panama. He is currently Chief Executive Officer of MMG Asset Management, an investment management company that manages funds with more than $ 450 million in real estate assets and more than $ 200 million in financial assets

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Discusión Master | 26 de Agosto | 10:15 - 11:15

Hospitality & Turismo

Lecciones aprendidas y Desarrollos Futuros

Desarrollos predilectos - ¿Cuáles fueron las estrategias victoriosas de la pandemia? ¿Qué tipo de activos serán los favoritos para los próximos 3 años? ¿En qué regiones? ¿Cuál es el rol de la tecnología en estos procesos?
Estructuras financieras - ¿Qué formatos de negocios estimulan al sector y moderan los riesgos? ¿Qué productos atraen más inversionistas a corto y largo plazo? ¿Cuál es la postura de los bancos?
Apoyo financiero y acompañamiento gubernamental - ¿Qué tipo de medidas fueron lanzadas? ¿Qué incentivos están teniendo un impacto positivo? ¿Cuáles pueden acelerar la recuperación?

Alfonso Naranjo

Managing Partner

Chagres Capital

Christian Glauser Benz

Managing Partner

Leman Holdings

Hector Rodríguez

General Manager The Santa Maria Hotel

Grupo Verde Azul

Mario Carbone

Managing Director Development - Luxury, Residential and All-Inclusive CALA

Hilton Worldwide

Marta Molina-Seal

Managing Partner

Alojica

Miguel Martinez Novo

VP de Finanzas y Operaciones

Bern Hotels & Resorts

Roberto Barrenechea

CFO & CIO

Brash Holding

Alfonso Naranjo

Managing PartnerChagres Capital

Panama

Alfonso directs Chagres Capital's real estate portfolio and leads the advisory division. Prior to founding Chagres Capital, Alfonso served as business development manager at Semah Investments a family office specialized in commercial and residential real estate. Alfonso holds an Executive MBA from IE Business School and a BA in Multinational Business from Florida State University.

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Christian Glauser Benz

Managing PartnerLeman Holdings

USA

Christian Glauser Benz is the Managing Partner of Swiss based Leman Holdings, a boutique real estate investment and advisory platform with offices in Switzerland and the US. The group recently announced expansion plans for North America with a new $1.5 billion investment in luxury hospitality and mixed-use projects across the US, Mexico and the Caribbean. Christian started his career managing the strategic growth of some of the world's best-known luxury and lifestyle hospitality groups. He held senior executive roles at JLL’s Hospitality Group, Hyatt Hotels, Dream Hotels and lastly, Mandarin Oriental, where he was the Head of Development for the iconic luxury group for the Americas region.

Hector Rodríguez

General Manager The Santa Maria HotelGrupo Verde Azul

Panama

Mario Carbone

Managing Director Development - Luxury, Residential and All-Inclusive CALAHilton Worldwide

USA

Mario Carbone is the Managing Director of Development for the Caribbean and Latin America, where he leads Hilton’s expansion across the Luxury, Residential, and All-Inclusive segments.

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Marta Molina-Seal

Managing PartnerAlojica

USA

Managing Partner & COO of Alójica, an investment management company focused on lodging real estate opportunities in Mexico. Founder and Principal of CPG Hospitality, where she's responsible for asset management and development efforts spanning 1000 hotel rooms and hospitality assets in LatAm. As a Principal at CPG Real Estate, she was responsible for overseeing the performance of 3000 keys and lodging-related assets in LatAm including a collection of luxury, upper upscale, limited service and all-inclusive properties that include golf courses, casinos and resort residential developments. Based in NY and a native of Panama. She earned a Bachelor's degree in Hotel Administration from Cornell and a M.Sc. in Foreign Service from Georgetown.

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Miguel Martinez Novo

VP de Finanzas y OperacionesBern Hotels & Resorts

Panama

Miguel Martinez Novo es el actual VP de Finanzas y Operaciones de Bern Hotels & Resorts, una destacada empresa hotelera en Panamá. En su rol, es responsable de la dirección y gestión de las estrategias financieras y operativas de la compañía.

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Roberto Barrenechea

CFO & CIOBrash Holding

Peru

Discusiones Simultáneas | 26 de agosto | 12:00 - 13:00

Desarrollos de Usos Mixtos

¿Cuál es el mix ideal?

Co-chairs

Alvaro AntadillasNewmark Moderator

Alessandro PighiniCasco Development & Partners Inc

Alfredo AlemánGrupo Los Pueblos

Chrystopher SabatUltrapark

Juan Pablo RoseroNorfolk Financial Group

La (R)evolución del mercado industrial logístico

Co-chairs

Katherine ShahaniGrupo Shahani Moderator

Alberto BonillaGarnier & Garnier Desarrollos Inmob

Arturo López OlivaresColliers Región CAAC

Bernal RodriguezCBRE

Jaime Ubilla CarroImprosa SAFI

Michael HarariRegency Real Estate Developers

Nevardo ArguelloNewmark - Panamá

Robert Dragoo, MAILOGAN Valuation

Desarrollos de Usos Mixtos

¿Cuál es el mix ideal?

Consecuencias de la pandemia - ¿Cuáles son las nuevas claves para la combinación de activos en cada proyecto? ¿Qué facilidades no pueden dejarse de lado? ¿Cuáles perdieron importancia? ¿Cuál es el rol de la tecnología en los nuevos desarrollos?
Geografías predilectas - ¿Dónde están localizadas las oportunidades más seductoras? ¿Cuáles fortalezas deben defenderse en cada mercado?
Socios de negocios - ¿Qué postura están adoptando los bancos e inversionistas? ¿Cuáles son los socios comerciales más difíciles de hallar? ¿Qué buenas prácticas deberían consolidarse? ¿Cuáles no?

Moderator

Alvaro Antadillas

Associate Director

Newmark

Alessandro Pighini

Founding Partner

Casco Development & Partners Inc

Alfredo Alemán

Founder & Owner

Grupo Los Pueblos

Chrystopher Sabat

CFO

Ultrapark

Juan Pablo Rosero

Partner

Norfolk Financial Group

Alvaro Antadillas

Associate DirectorNewmark

Costa Rica

Alessandro Pighini

Founding PartnerCasco Development & Partners Inc

United Kingdom

Alessandro Pighini boasts a robust career in finance, with over a decade at Deutsche Bank AG Investment Banking in London and Paris, where he specialized in fixed income and structured finance as Vice-President, focusing on private debt solutions for real estate, infrastructure, and corporate debt across Europe, participating in deals exceeding €5 billion. He also held roles at Pictet & Cie Asset Management and Compagnie de Trésorerie Benjamin de Rothschild in Geneva. In 2016, he co-founded Casco Development & Partners, a real estate private equity firm backed by $120 million in private capital, developing 70,000 sqm of mixed-use assets for urban regeneration. Currently, Mr. Pighini is a Partner at Sienna Private Equity, a Pan-European mid-market buyout fund with over €400 million in commitments, targeting buy-and-build platforms and high-quality businesses in complex transactions.

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Alfredo Alemán

Founder & OwnerGrupo Los Pueblos

Panama

CEO– Co owner  Company leader in the development, promotion and operation of various real estate projects to include: shopping centers, residential neighborhoods, high rises, tourist resorts, transportation terminals, self storage, industrial parks and office complexes.  Leads a development team responsible for millions of square feet of property in The Republic of Panama.  Overseen the site selection, acquisition, design permitting, entitlements, financing, joint venture structuring, construction, and sales of several master planned communities with different socioeconomic target markets.

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Chrystopher Sabat

CFOUltrapark

Costa Rica

Juan Pablo Rosero

PartnerNorfolk Financial Group

Panama

Juan Pablo Rosero is a Partner, Chief Operating Officer (COO), and Member of the Board of Directors at Norfolk Financial Group. He also serves as Vice President and a Principal Executive for Norfolk Investment Advisors, S.A.. In these capacities, he plays a key leadership role within the company's financial services operations.

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La (R)evolución del mercado industrial logístico

Demanda y Precios de mercado - ¿Cómo se comportó la absorción de la vacancia de los diferentes activos? ¿Qué se espera para los próximos 5 años? ¿Cuáles geografías son más seductoras?
Nuevos Modelos - ¿Cuán profundo es el impacto del eCommerce en los desarrollos futuros? ¿Qué tipo de activos pronostican mejores retornos?
Boom logístico - ¿Cómo está siendo la llegada de nuevos participantes? ¿Cuán genuino es el interés de los inversionistas y de los bancos? ¿Los diferentes mercados están preparados para favorecer negocios exitosos?

Moderator

Katherine Shahani

Director

Grupo Shahani

Alberto Bonilla

General Manager

Garnier & Garnier Desarrollos Inmob

Arturo López Olivares

CEO de Panamá, Centroamérica y Caribe

Colliers Región CAAC

Bernal Rodriguez

Regional Director of Logistics & Industrial Services

CBRE

Jaime Ubilla Carro

Director General

Improsa SAFI

Michael Harari

Director General

Regency Real Estate Developers

Nevardo Arguello

Managing Director GCS Latam

Newmark - Panamá

Robert Dragoo, MAI

Principal

LOGAN Valuation

Katherine Shahani

DirectorGrupo Shahani

Panama

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Alberto Bonilla

General ManagerGarnier & Garnier Desarrollos Inmob

Costa Rica

Since 2008, Alberto has held executive positions at Garnier & Garnier Development. He is currently General Manager and member of the Executive Committee of the company. He also participates as Vice President on the Board of Directors of the Costa Rica Real Estate Development Council (CODI) and an active member in the Costa Rican Chamber of Construction. Alberto earned his MBA from the Stern School of Business NYU, and a Civil Engineering undergraduate degree from Tufts University.

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Arturo López Olivares

CEO de Panamá, Centroamérica y CaribeColliers Región CAAC

Panama

José Arturo López Olivares es CEO de Panamá, Centroamérica y Caribe en Colliers Región CAAC, firma líder en servicios inmobiliarios comerciales. Con amplia experiencia en el sector inmobiliario regional, lidera estrategias de crecimiento y expansión en mercados clave de la región. Su gestión se enfoca en el desarrollo de soluciones integrales para inversión, consultoría y servicios inmobiliarios comerciales, posicionando a Colliers como referente en el mercado centroamericano y caribeño. Su liderazgo impulsa la innovación y excelencia en servicios inmobiliarios corporativos en toda la región CAAC.

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Bernal Rodriguez

Regional Director of Logistics & Industrial ServicesCBRE

Mexico

Mr. Rodriguez has joined Cushman & Wakefield | AB Advisory with a high level of expertise providing his clients integrated “value-add” services such as industrial-logistics sales & leasing, strategic planning, site selection, tax incentives, supply chain consulting, and build-to-suits. Building up his path as the Regional Director of Logistics & Industrial Services, he has been a key player for the successful development of the regional brokerage team in the management of highly strategic accounts.

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Jaime Ubilla Carro

Director GeneralImprosa SAFI

Costa Rica

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Michael Harari

Director GeneralRegency Real Estate Developers

Panama

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Nevardo Arguello

Managing Director GCS LatamNewmark - Panamá

Panama

Robert Dragoo, MAI

PrincipalLOGAN Valuation

Mexico

Robert L. Dragoo, MAI, MRICS is Principal of Mexico and Central America at LOGAN, a commercial real estate valuation and consulting firm serving institutional clients throughout Latin America. LOGAN provides independent valuation and advisory services across all major commercial asset classes, including office, industrial and logistics, retail, land, hospitality, healthcare, multifamily, and self-storage. The firm operates from offices in Bogotá, Mexico City, and Lima.

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Discusión Master | 26 de agosto | 14:30 - 15:30

Vivienda & Nuevos Formatos

Mirada hacia el futuro

Éxodo Urbano, homeoffice, movilidad urbana - ¿Cuáles tendencias altamente impulsadas en 2020 irán más allá de la pandemia? ¿Qué nuevas necesidades deben ser cuidadas?
Renta Vs. Venta - ¿Que espacio hay para cada tipo de proyecto? ¿Cuáles son los desafíos más temidos? ¿Cuál es la apertura de los tenedores de capital para los distintos modelos?
Medidas e incentivos gubernamentales - ¿Qué programas han cooperado efectivamente con el déficit habitacional en los distintos países? ¿Qué buenas prácticas pueden trasladarse a otros territorios?

Moderator

Andreas Meoli

Associate Director

Newmark

Alfonso Naranjo

Managing Partner

Chagres Capital

Alfredo Volio

Managing Director

Portafolio Inmobiliario

Catalina Rodriguez

Managing Director and Co-Head Andean Region

Diego Molina

Partner

Norfolk Financial Group

Omar Valle

Gerente General

Grupo OWC

Samuel Urrutia

CEO

Colliers Región CAAC

Discusión Master | 26 de agosto | 16:00 - 17:00

La voz del inversor internacional

Fortalezas y Desafíos de la región

Intereses de mercado - ¿Qué criterios han cambiado desde la pandemia al momento de evaluar e ingresar a un mercado? ¿Cuáles geografías están en su radar? ¿Cómo proyectan las zonas francas?
Do’s and Dont’s - ¿Cuál es el secreto para atraer al player extranjero? ¿Qué buenas prácticas internacionales pueden aplicarse en Centroamérica y el Caribe? ¿Quién es el socio de negocio local ideal?
Proyectos prioritarios - ¿Qué activos cautivarán la atención? ¿Cómo serán las nuevas estructuras financieras para mitigar riesgos? ¿Cuáles desafíos condicionan a los nuevos desarrollos?

Moderator

Carlos Robles

Managing Director & Market Leader

Newmark

Alessandro Pighini

Founding Partner

Casco Development & Partners Inc

Alfredo Alemán

Founder & Owner

Grupo Los Pueblos

Aliette Sánchez

Socia Directora

Currently Unaffiliated

Eduardo Caballero

Board Member

Norfolk Financial Group

Gustavo Quesada

Investment Director

Paladin Realty Partners - Costa Rica

Marta Molina-Seal

Managing Partner

Alojica

Ricardo Maduro

Director

Hines Panama

Sebastián Muñoz Álvarez

Managing Director South América

Hasta Capital

Andreas Meoli

Associate DirectorNewmark

Costa Rica

Alfonso Naranjo

Managing PartnerChagres Capital

Panama

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Alfredo Volio

Managing DirectorPortafolio Inmobiliario

Costa Rica

Alfredo leads the largest real estate development and asset management company in Costa Rica, with more than 700 employees. He is also responsible for the planning and execution of $60MM per year, and the long-term management of more than $700MM in assets. He is a true believer that throughout the development of projects and the creation of memorable experiences in each of them, Portafolio will be able to serve as a catalyst to transforms cities into sustainable urban communities that provoke integration, pride, and sense of belonging.

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Catalina Rodriguez

Managing Director and Co-Head Andean Region

Colombia

Catalina Rodriguez is Managing Director and Co-Head of the Andean Region based in Paladin’s Bogota office. Mrs. Rodriguez is also a member of the firm’s Investment Committee. She has 17 years of experience within the Real Estate Industry holding key leadership positions in international projects. She previously worked at Newland International Properties, Corp., as CEO for a 262,000 sqm mixed-used project in Panama City where the JW Marriot currently operates, at Arias Serna Saravia as CFO and at Prodesa as Director of Treasury. She holds a bachelor’s degree in economics from the University Externado de Colombia, and a postgraduate degree in Finance from Universidad de los Andes.

Diego Molina

PartnerNorfolk Financial Group

Panama

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Omar Valle

Gerente GeneralGrupo OWC

Costa Rica

Omar Valle es el Gerente General de Grupo OWC en Costa Rica, donde lidera las operaciones estratégicas de la empresa. Con amplia experiencia en gestión empresarial y desarrollo de negocios, Valle ha sido instrumental en el crecimiento y expansión de Grupo OWC. Su liderazgo se enfoca en la innovación, eficiencia operativa y el fortalecimiento de las relaciones comerciales. Bajo su dirección, la empresa ha consolidado su posición en el mercado costarricense, destacándose por su compromiso con la excelencia y el servicio al cliente.

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Samuel Urrutia

CEOColliers Región CAAC

Panama

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Carlos Robles

Managing Director & Market LeaderNewmark

Aland Islands

Carlos R. Robles, SIOR, joined Newmark Knight Frank in 2019 as the firm’s managing director market leader in Central America. Based in Costa Rica, Mr. Robles and his team, provide comprehensive brokerage, property management, valuation and advisory services to clients in key Central American markets, including Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

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Alessandro Pighini

Founding PartnerCasco Development & Partners Inc

United Kingdom

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Alfredo Alemán

Founder & OwnerGrupo Los Pueblos

Panama

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Aliette Sánchez

Socia DirectoraCurrently Unaffiliated

USA

Eduardo Caballero

Board MemberNorfolk Financial Group

Panama

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Gustavo Quesada

Investment DirectorPaladin Realty Partners - Costa Rica

Costa Rica

Mr. Quesada is responsible for Paladin’s investments in Central America. He has over two decades of experience managing large mixed-used development projects and luxury branded hospitality projects in Central America, the Caribbean and Mexico. Some of the projects recently developed under his leadership include the Landmark Guadalajara, Town Square Metepec, the Four Seasons Caye Chapel, Belize, the Ritz Carlton, Mexico City, the Montage los Cabos, Mexico. Previously he was involved with the development of the Four Seasons Tropicalia, Samana Bay, Dominican Republic, the Four Seasons La Reunion, Guatemala, the Hyatt Andaz Papagayo, Costa Rica, and the Hyatt Place Pinares, Costa Rica, among others.

Marta Molina-Seal

Managing PartnerAlojica

USA

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Ricardo Maduro

DirectorHines Panama

Panama

Ricardo Maduro serves as a Director at Hines Panama, a role in which he contributes to the operations of the global real estate firm's Panama office. His position is integral to Hines' presence and activities in the region.

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Sebastián Muñoz Álvarez

Managing Director South AméricaHasta Capital

USA

An active, goal-oriented and entrepreneurial real estate professional with significant experience in commercial real estate, acquisition, development and financing. He strongly believes on the importance of adding value to every single task he performs. Moreover, he believes that through innovation and hard working all goals could be achieve. “Working in a challenging and dynamic real estate market such as New York’s gives you all the tools and experience necessary to work in any kind of stressed environment. He is currently seeking to further gain expertise in real estate finance and estate development.

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