Asset management occupiers in Panama City typically cluster in Banking District (Calle 50), plan ~230 sqft per seat at trophy fit-out ($195–280/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.

  • Preferred submarket: Banking District (Calle 50).
  • Typical fit-out spec: Trophy ($195–280/sqft).
  • Plan ~230 sqft per seat for headcount sizing.
  • Class A rent context: 264 USD/sqft ($25 USD).
  • Typical lease: 5 years with 10 months rent-free.
  • Talent depth in Panama City: 76/100.

Asset management office space in Panama City

Asset management occupiers in Panama City typically cluster in Banking District (Calle 50), plan ~230 sqft per seat at trophy fit-out">fit-out ($195–280/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.

TL;DR

  • Preferred submarket: Banking District (Calle 50).
  • Typical fit-out spec: Trophy ($195–280/sqft).
  • Plan ~230 sqft per seat for headcount sizing.
  • Class A rent context: 264 USD/sqft ($25 USD).
  • Typical lease: 5 years with 10 months rent-free.
  • Talent depth in Panama City: 76/100.

Where they cluster

Asset management occupiers in Panama City typically anchor in Banking District (Calle 50). International banking, asset management, law firms, professional services.

What they pay

Class A rent in Panama City runs 264 USD/sqft ($25 USD) on a 5-year lease with 10 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical asset management fit-out targets trophy specification at $195–280/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 230 sqft per seat blended (workstation + circulation + amenity). A 100-headcount asset mgmt office in Panama City typically targets 23,000 sqft of leasable area.

Talent angle

Portfolio teams cluster around private-banking corridors; family-office tenancy keeps boutique trophy stock tight. Strong banking, logistics, and trade talent. Universidad de Panamá, USMA, and FAE Business School anchor the regional pipeline. Multilingual (Spanish, English) talent supports international tenancy. Strong cross-border talent flow with Colombia and Venezuela.

Tax and lease context

Headline corporate tax: 25%. Panamanian gross structure (rent inclusive of management fees). USD-denominated. 3-5 year terms standard. Rent-free of 8-12 months on 5-year terms plus USD 100-300/sqm TI typical.

Key facts

cityPanama City
industryAsset management
naics523930, 523920
preferredSubmarketBanking District (Calle 50)
preferredFitoutSpecTrophy
fitoutBand$195–280/sqft
sqftPerSeat230
classARentLocal264 USD/sqft/yr
classARentUsd$25/sqft/yr
vacancyPct26.4%
typicalLeaseYears5
typicalRentFreeMonths10
talentIndex76
corporateTaxPct25%

Frequently asked questions

Where do asset management occupiers lease office space in Panama City?
Most cluster in Banking District (Calle 50). Rent runs ~264 USD/sqft ($25 USD) for trophy and prime stock.
What fit-out spec do asset management occupiers run in Panama City?
Typically trophy at $195–280/sqft.
How much office space per seat should a asset management occupier plan in Panama City?
Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.
What NAICS codes describe the asset management vertical?
Representative NAICS 2022 codes: 523930, 523920.
What is the talent index in Panama City?
76/100. Use the city profile for full detail.

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Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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