ECIPSA’s $59 million Investment Plan: New Mixed-Use Development Project in Buenos Aires and Expansion into Panama, Paraguay and Brazil

US$60 million investment planned by developer this year

Grupo ECIPSA, a real estate business holding company with 45 years of experience in the industry, is planning to invest $59 million this year. The funds will be used for works and land purchases in Argentina, Paraguay, and Panama. In 2023, the company acquired the participation of IRSA in the property of the former Nobleza Piccardo in Buenos Aires, which it plans to use for an important mixed-use development project that will begin this year.

ECIPSA has been building in the country for 45 years and has over 101 ventures in 12 cities under its belt. The Group sells lots, houses, and apartments under different commercial brands such as Natania and MilAires. It also operates internationally, signing a new exclusivity agreement with Crystal Lagoons to operate in São Paulo, Brazil under its WoOoW brand. ECIPSA opened its offices in Israel where it will begin operating the exclusive Crystal Lagoons license for the Middle Eastern country.

In Paraguay, ECIPSA hopes to continue consolidating its investments and projects under the Natania brand while also expanding its business into new Latin American countries. In Argentina, it recently completed its Natania 61 megaproject in Mendoza with more than 190 apartments. The second stage of the project concluded in 2022 and the last delivery was recently completed.

CEO Walter Fuks assures that ECIPSA will continue working on new projects in Mendoza as well as other Argentine provinces and other countries. With its diverse portfolio of brands and international presence, ECIPSA is poised for continued growth and success in the real estate industry.

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