Investment Strategies
NORFOLK FINANCIAL GROUP
Access to unique real estate opportunities — selected and executed by a proven team in high-growth markets
MULTI-PRODUCT
Return · Liquidity · Panama
Access the Panamanian real estate market across the full cycle — stabilized income, multifamily repositioning, and residential development — under a single investment ticket. Norfolk actively manages every asset to combine recurring income, stability, and capital growth simultaneously.
- True diversification: Core, Multifamily, Value-Add, and Development in a single vehicle
- Full exposure to Panama, one of the most dynamic economies in Latin America
- Active management with a proven track record in asset acquisition and management
- Managed through Panama Real Estate Fund (Panred)
DEVELOPMENT
- Finance residential development projects in Panama with preferred returns — you get paid before the developer. The strategy provides secured loans to carefully selected projects, with financial and technical oversight at every stage.
- Corporate-guaranteed loans with promissory notes in favor of the investor
- Portfolio diversified by developer, project, price point, and location
- Disbursements contingent upon milestone completion
- Treasury controls and periodic profitability monitoring
- Managed through Panama Real Estate Fund (Panred)
SENIOR LENDING SPAIN
Return · Preservation · Europe
Access a portfolio of residential real estate loans in Spain — high-demand markets including Barcelona, the Balearic Islands, and Málaga. A semi-liquid strategy with capital preservation as its primary objective, featuring preferred returns and independent technical oversight on every project.
- Pool of 35 active transactions with a maximum LTV of 50%
- Real asset collateral on every loan: permitting granted, financial close achieved, and pre-sales fulfilled
- 61 loans successfully repaid since fund inception
- Third-party project monitoring, independently audited for each project
- Managed through Norfolk – Paulson AM Fund
MULTIFAMILY & VALUE-ADD
.Demand · Repositioning · Returns
Panama has a structural gap between household income and the cost of new housing — creating a deep and resilient rental market. The strategy acquires buildings below replacement cost, carries out full-scale repositioning, and stabilizes them as rental assets, capturing value where demand outpaces supply.
- Apartments of 40–80m² in premium urban neighborhoods: El Cangrejo, Obarrio, San Francisco, Bella Vista.
- Managed through Panama Real Estate Fund (Panred)
CORE – STABILIZED INCOME
Stability · Income · Confidence
Commercial assets in Panama leased to first-class multinational tenants under long-term contracts. A portfolio designed to generate consistent, predictable cash flow — backed by physical assets with 100% occupancy.
- Multinational tenants with long-term lease agreements
- 100% occupancy
- Investment Grade rating (A) by Moody’s Local
- Managed through Panama Real Estate Fund (Panred)
Panama is growing.
Your capital should too.
While the rest of the world searches for somewhere to put its money, Panama has spent two decades building the most dynamic real estate market in Latin America. Norfolk gives you direct access to that growth. A dollarized economy, investment grade credit rating, growth running 1.5x above the regional average, and a structural housing deficit that generates sustained real estate demand. The fundamentals are real.
“The added value of Panama, from the point of view of the international market, is the security of investments.”
Alberto Bernal · Chief EM & Global Strategist · XP Investments
Source: Revista Martes Financiero — FIAFIN Annual Congress, Panamá
Macroeconomic data supported by CEPAL · IMF · World Bank · MEF Panama
4.0%
Projected GDP growth 2026
Compared to 2.6% for the Latin American average. Panama grows 1.5x faster than the region. Dollarized economy with no currency risk.
150K+
Housing deficit
Families without access to formal housing. Rental demand grows every year. Supply cannot keep up. That is exactly where Norfolk invests.
USD 40B
Planned infrastructure investment
To be deployed over the next 5 years. Public capital that drives up the value of surrounding private assets.
USD
100% dollarized economy
No currency risk. Your returns are in US dollars. No conversions, no devaluations, no surprises.
Investor Visa
Foreign national migration program
Programs such as the Qualified Investor Visa, available through investment in a regulated vehicle such as PANRED FUND.
Regional stability
Canal and international relation
Political stability anchored by the Panama Canal and strong relationships with global partners — over 23 free trade agreements and 16 double taxation treaties.
Location
2 continents · Americas Hub
Positioned between two continents, Panama is the primary Sea-Air-Land Hub of the Americas, with over 1,700 international port connections, 144 maritime routes, and 92 air destinations.
Track record
Real estate development experience in Panama
Our track record metrics are the foundation on which institutional investors, individual investors, family offices, and commercial partners build conviction in Norfolk.
