Table Grapes’ agro-exporting company with 142.36 hectares of lands registered in the Peruvian Public Registry, from which 75 hectares are in production since year 2012 (20 hectares growth of Red Globe grapes and 55 hectares growth of Superior Green grapes without seeds.
Located in Piura, 5 km away from Open Plaza with Access to a highway, it has a direct real state potential with water, drain and power energy services.
The agroexportation business can be operated in parallel while the real estate project is carried out in unseeded land and has 25 hectares of independent land keeping an independent access for each business.
The agroexportation business Will continue operating until the real state business will displace it by phases, the initial Project would be under the Techo Propio modality, because there are few lands for developing this kind of social houses.
Real state business in 5 phases, 7,500 houses with commercial areas.
EBITDA real state by phase: US $5.0 MM (US$ 25/m2)
Total 2 US $ 25.00 MM
EBITDA total Project real state: US $ 62.5 MM
There is a possibility of a future land surplus value as the real state Project develop.