Paladin Realty opens fourth Latin America office in Peru

Paladin Realty Partners has opened a new regional office in Lima, Peru. The office will be headed by Andrés Bautista, investment director, under the direction of Alejandro Krell, managing director in charge of the Andean Region.

Bautista had previously worked in the firm’s Bogotá, Colombia, office.

The new regional office in Lima further expands the firm’s local management presence to four offices across Latin America, including Bogotá, São Paulo and Mexico City. These four cities comprise Paladin’s primary target markets.

Bautista joined Paladin Realty in 2015, and he has been instrumental in the firm’s acquisition and asset management activities in Peru, Colombia, Uruguay and Costa Rica. Bautista was previously a project manager for Constructora Conconcreto, one of Colombia’s largest construction and real estate development companies, where he was responsible for the development and management of various residential and commercial projects.

Paladin has been actively investing in Peru since 2006 and to date has acquired or developed 19 residential and commercial properties in the country totaling nearly $500 million of projected total cost.