The ECIPSA Group, led by businessman Jaime Garbarsky, has announced plans to invest US$59 million this year. This includes the execution of works and purchase of land in Argentina, Paraguay, and Panama. In 2023, the company acquired the participation of IRSA, led by Eduardo Elsztain, in a property in Buenos Aires. The former Nobleza Piccardo is a 16-hectare land where ECIPSA will begin working on an important mixed-use development this year.
ECIPSA is a real estate business holding that has been building in the country for 45 years. They have over 101 ventures in 12 cities and sell lots, houses, and apartments under different commercial brands such as Natania and MilAires. At an international level, the company is continuing to expand its reach. In Paraguay, they hope to consolidate their investments and projects of the Natania brand while planning to expand their business to new Latin American countries. In Argentina, they recently completed their Natania 61 megaproject in Mendoza with more than 190 apartments. They will continue working on new projects in Mendoza and other Argentine provinces as well as other countries.
In addition to its real estate business, ECIPSA has also signed a new exclusivity agreement with Crystal Lagoons to operate in São Paulo under its WoOoW brand and opened its offices in Israel where they will begin operating the exclusive Crystal Lagoons license for the Middle Eastern country. As they continue to grow their business both domestically and internationally, ECIPSA remains committed to providing quality housing solutions for people around the world.