Banking District (Calle 50) is a trophy-tier Class A submarket of Panama City with average asking rent around $312/sqm/yr · ≈ $29 PSF/yr USD.
Heritage international banking trophy. · Tier: trophy · Avg rent: $312/sqm/yr · ≈ $29 PSF/yr USD
The Banking District (Calle 50 corridor) anchors Panama City's heritage international banking Class A trophy core. Torre Bicsa, Torre Generali, and a deep international banking, asset management, and law firm tenancy.
International banking, asset management, law firms, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Panama Metro Line 1 (Iglesia del Carmen, Vía Argentina).
Multi-modal transit captures the metro's principal professional catchment.
Vía España retail, Multicentro, Soho Mall.
Banking District (Calle 50) is one of 5 Class A submarkets we cover in Panama City, classified as trophy tier with an average asking rent around $312/sqm/yr · ≈ $29 PSF/yr USD. Compared with the broader Panama City Class A stock, Banking District (Calle 50) typically attracts International banking, asset management, law firms, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Banking District (Calle 50): Costa del Este, Punta Pacifica, Obarrio / Marbella, Panama Pacífico. The full Panama City submarket atlas is at /cities/panama-city.
For an institutional Class A occupier evaluating Banking District (Calle 50), the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Panama City Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.