Peru

Peru

We arrived in Peru in 2013 and began operations with one of the largest and most stable economic groups in the country, which had over 50 years’ experience mostly in the construction sector and which entered the property development sector along with us that same year.

We have continued working together with this partner but have also initiated operations independently, using the local knowledge that Grupo Lar has acquired. Given the growth potential of the property sector calculated this year at 5.7% and a potential increase in price levels of 4% per annum, Peru has become an important destination for Grupo Lar investments.

The Group currently has potential sales of 4,000 units distributed between six projects targeted at socio-economic sectors B and AB, not including the 405 units which will have been handed over in 2017 and 2018. This positions us among the top five property companies in the districts in which we currently operate.

Furthermore, due to the performance of the market in the last two years and the growth outlook of the country, we are currently analysing four possible developments with a sales potential of 3,100 additional units, which would strengthen our position in the country and quickly position us as a market leader. We are currently carrying out operations financed by the two major banks in the country.

Lima
C/ German Schreiber nº 205 Oficina Piso 3 Urbanización Santa Ana, Distrito de San Isidro, Lima, Perú
Tel: +51 (1) 422 1845

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Buildable Area/GLA (m2): 330.502

Number of homes in portfolio: 4.062

Total Portfolio Managed (in millions of euros): 449

Own Resources Managed (in millions of euros): 412

Board Members

Luis Pereda
Luis Pereda
Executive President of Grupo Lar. Degree from the Complutense University of Madrid specialising in Law and Econometrics. Postgraduate degrees from IESE, MIT and Harvard. Lecturer in Senior Management at the Instituto de Empresa in Madrid, Advisor to the Board of Grupo Barceló. Member of the Board of GED Fund Management.
Ana Cecilia Gálvez
Ana Cecilia Gálvez
Country Manager of Grupo Lar in Peru. Formerly spent 15 years at Interbank and three years at TM Gestión Inmobiliaria. Degree in Economics and Master’s degree in Finance.
Julio Luque
Julio Luque
Chair and Partner of Métrica and Infinita Consultores, Chair of Casa Andina Hoteles and member of the Boards of several companies. Formerly Managing Director of SC Johnson & Johnson in Venezuela and Brazil. Degree in Mechanical Engineering and MBA from IESE.
Ignacio Bezares
Ignacio Bezares
Regional Director of Grupo Lar Mexico since 2008. ormerly worked for Santander, Sacyr and Grupo Lar. Extensive experience in residential development projects and property investment fund management. Degree in Business Administration from the CEU San Pablo University in Madrid and graduate of the EDP at IESE.