Mercan Group advances its $200 million Panama investment strategy with the groundbreaking of Albor at Santa María, marking the developer's first residential project in the country.
Mercan Group announced the groundbreaking of its first residential project in Panama, advancing over US$200 million in investments, reflecting continued expansion and commitment to the Panamanian market.
Canada-based developer Mercan Group has officially commenced construction on Albor at Santa María, its inaugural residential development in Panama. This project represents a significant milestone in the firm's $200 million investment strategy aimed at expanding its footprint within the Panamanian real estate market.
It serves as Mercan Group's first residential development in Panama, signaling a major expansion of the firm's regional portfolio.