Real Estate
Real Estate Mogul Eyes ‘City-Towns’ From Patagonia to Paraguay
- Costantini looks to spend $1.5 billion on four new projects
- His company popularized gated communities in Argentina
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Eduardo Costantini, the Argentine real estate mogul who popularized the gated community concept in his home country, plans to spend up to $1.5 billion developing more of the projects, including in new geographies.
Consultatio SA, his publicly traded holding company, is doing due diligence on four new properties in Paraguay, Uruguay, Argentina’s Patagonia region and the province of Buenos Aires, he said. Investments could begin as early as year-end.