Promoción Inmobiliaria del Sur S.A. $92.7 Million Acquisition of a plot of land 4.21 Million SM

Estudio Echecopar (Baker & McKenzie) and Estudio Grimaldo & Abogados advised on the deal

Promoción Inmobiliaria del Sur S.A. (Prinsur) finalized the acquisition of a 4.21 Million SM plot of land for $92.7 Million in order to develop an industrial Site in partership with Inmobiliaria Almonte S.A.C., a subsidiary of Graña y Montero.

Promoción Inmobiliaria del Sur S.A. offers real estate development services. The company was incorporated in 1997 and is based in Lima, Peru. Promoción Inmobiliaria del Sur S.A. operates as a subsidiary of Inversiones Centenario S.A.A.

Estudio Echecopar (Baker & McKenzie) advised Promoción Inmobiliaria del Sur S.A. with a team including Oscar Trelles (Picture), Paolo Robilliard, Jaime Miranda, Jorge Ortiz and Valeria Duffoo.

Estudio Grimaldo & Abogados advised Inmobiliaria Almonte S.A.C. with Héctor Grimaldo.

Involved fees earner: Héctor Grimaldo – Estudio Grimaldo & Abogados; Oscar Trelles de Belaunde – Baker McKenzie; Paolo Robilliard D’Onofrio – Baker McKenzie; Jaime Miranda Gómez – Baker McKenzie; Jorge Ortiz – Baker McKenzie;

Law Firms: Estudio Grimaldo & Abogados; Baker McKenzie;

Clients: Promoción Inmobiliaria del Sur SA; Inmobiliaria Almonte S.A.C.;

Author: Ambrogio Visconti.