About PAM N.V. | Data-driven property partner

Our Origin

From Passion to Data-Driven Real Estate Expertise The foundation of PAM N.V. (Pengel Ayannah Maxi N.V.) was laid early on. A deep fascination with urban dynamics, data and architectural structures was the starting point for founder Jeffrey Royston Pengel. This passion developed into a professional vision during his real estate studies at Fontys University of Applied Sciences in Eindhoven, the Netherlands. For many years, Jeffrey Pengel deliberately operated behind the scenes of the Surinamese real estate sector. As the strategic force behind large-scale subdivision and real estate projects, and as the founder of SC-REAS N.V., institutional shareholders and international investors entrusted him with the full execution of their projects. This long-standing position in the background has resulted in exceptional, in-depth market knowledge. With the establishment of PAM N.V., he now deliberately steps into the foreground to make this accumulated expertise and data-driven insights directly accessible to the market. The Market: Transition and Regional Synergy The Surinamese real estate market is in a crucial transitional phase. Population growth and accelerating urbanization are driving demand for real estate, while the market simultaneously faces structural challenges: a persistent housing shortage, rising construction costs and a lack of transparent market information. At the same time, the large-scale oil and gas industry is redrawing the economic map of the region. This…

Legal information

Intellectual Property & Disclaimer © 2026 PAM N.V. All rights reserved. Texts, reports, figures and the PAM brand are the property of PAM N.V. Figures, tables and charts from our reports and the PAM Databank may be quoted and reused, provided the source is stated: “Source: PAM Research & Analytics, pamnv.com”. Reproducing complete reports or commercial use requires prior written permission from PAM N.V. Disclaimer: The information on this website and in the downloadable publications is intended solely for general informational purposes and does not constitute specific investment, valuation, legal or tax advice. Although PAM N.V. exercises the utmost care in collecting, analysing and verifying market data in accordance with the highest international real estate and reporting standards, this information is provided "as is". PAM N.V., its partners and employees provide no express or implied warranty regarding the accuracy, completeness or timeliness of the data, market forecasts and forward-looking statements presented. Any action, investment or business decision taken on the basis of this information is entirely at the reader's own risk and responsibility. PAM N.V. accepts no liability for direct, indirect or consequential damages (including loss of profit or operational loss) arising from the use of or reliance on this website and its content. Last updated: 27 May 2026 Contact: info@pamnv.com

Compliance & Code of Conduct

Our Professional Standard PAM N.V. places great value on integrity, professionalism and transparency. Our business operations are anchored in the New Civil Code of Suriname and align with the highest international professional standards. This code of conduct forms the foundation for all our activities. Our Core Values Integrity — We act honestly, objectively and independently. We do not adjust results or advice in favor of a client. Quality & Professionalism — We deliver accurate and reproducible work, based on recognized methodologies and current data. Trust & Transparency — We work transparently and thereby strengthen trust in PAM N.V. and the Surinamese real estate sector. Respect & Inclusivity — We treat all stakeholders with respect and maintain an inclusive work environment. Social responsibility — We carefully consider the long-term impact of our advice. Application in Practice For every assignment we carry out an independence and conflict check. We document all assumptions transparently and refuse assignments where we cannot guarantee our objectivity. Our reports meet the highest international professional standards. All our employees work according to a strict internal code of conduct designed to effectively identify and prevent conflicts of interest, and to ensure a high degree of transparency. Compliance & Accountability This code of conduct applies to all employees and advisors of PAM N.V. Violations may lead to internal measures, including termination of the…

Sustainability & ESG

The Integration of ESG in Valuation Property only keeps its value if it is future-proof. That is why we include ESG factors (Environmental, Social & Governance) in our analyses and valuations wherever they demonstrably affect value, such as flood risk and land filling, energy use and the legal certainty of the title. Our Approach Environmental (Environment) — We advise on energy-efficient buildings, sustainable materials and climate-adaptive solutions. We analyse the complete lifecycle of real estate . Social (Social) — We strive for inclusive housing development, high liveability and demonstrable social added value. Governance (Governance) — We operate according to strict ethical standards, with transparent decision-making and proactive risk management. Why ESG is crucial for Suriname The arrival of the oil and gas industry is placing enormous pressure on the housing market and infrastructure. Sustainable development is essential to prevent overheating and to achieve healthy, balanced growth. Our Promise PAM N.V. does not view ESG as an obligation, but as an opportunity to create sustainable, cross-generational value for our clients and Surinamese society.

Why PAM N.V.?

What sets us apart Data-Driven Approach — We combine local market knowledge with international standards and hard data. Our analyses are objective , transparent and numerically substantiated . Strategic Advice at Board Level — We advise at executive level on market development, portfolio optimization, risk management and future-proof solutions. Regional Benchmarking — We continuously compare the Surinamese market with those of Guyana, Brazil and other countries in the region. Managed interests — Our group is itself active in the Surinamese property market. That is why we publish our methodology, use our own case files only as indices or ratios, take no investment positions in the segments we analyse and disclose any potential conflict of interest to the client in advance. Who we work for We are the strategic partner for developers, institutional investors, banks, government agencies and international parties seeking reliable and forward-looking real estate advice in Suriname and the region. Our Mission Transforming and professionalizing the Surinamese and regional real estate market to a transparent, sustainable and internationally competitive investment level.