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
Jirón Francisco Graña N° 155
Urb. Santa Catalina
Distrito de La Victoria
Lima, Perú

— go to web page

Buildable Area/GLA (m2): 339.756

Number of homes in portfolio: 4.940

Total Portfolio Managed (in millions of euros): 577

Own Resources Managed (in millions of euros): 551

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.
Maribel Plaza
Maribel Plaza
International COO of Grupo Lar. Corporate Director at Grupo Lar for over 13 years. Formerly Senior Auditor at Deloitte. Graduate in Economics and Business Administration from the Complutense University of Madrid.
Juan Añon
Juan Añon
Juan graduated in Architecture in 1979 from the Universidad Politécnica de Valencia, and completed the PADE Senior Management Programme at ESADE in 1995. He is founding partner and director of AIC EQUIP 1987-2019, a company specializing in the development of architecture projects, engineering and urbanism, in the field of the housing, education, offices, hospitals territorial planning, etc. Since 2018, he has been senior adviser for Grupo Lar in their Latin America projects.