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Panama's Trump Hotel Sold |
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Monday, July 17, 2017
Panama.- The company Newland International Properties reported the sale of the Trump Ocean Club International Hotel and Tower in Panama, a transaction estimated at nearly 23 million dollars.
According to Panama's Stock Market, the company signed an agreement to commercialize the facilities housed in the building.
With the exception of two commercial units that are still retained under Newland's property, the transaction represents a major sale of all the remaining assets of the company.
The Trump Ocean Club International Hotel and Tower is a skyscraper of mixed use of 284 square meters and 70 stories located in the sector of Punta Pacifica.
The establishment offers 369 rooms, including 47 suites, three restaurants and bars, two swimming pools, seven conference halls and a private beach club on Viveros Island.
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