Grupo Pecam

What Grupo Pecam does

Grupo Pecam is an Argentine construction, development, and investment group founded in 1967 by Engineer Ricardo Griot in Rosario, Santa Fe. The company operates as an integrated business group spanning construction, property development, and real estate investment, serving three primary customer segments: residential end buyers (middle and upper-income families), government and public sector clients (municipal, provincial, and national agencies requiring infrastructure), and institutional/corporate clients (healthcare providers, educational institutions, and corporations). Its portfolio includes more than 100 completed works, 11,000 m² of executed construction, and 20,000 m² currently under execution.

The group's core technology is built on traditional construction techniques augmented by industrialized building systems produced through vertical integration. Wholly-owned subsidiary Brimax operates a plant producing autoclaved aerated concrete (AAC) blocks and panels, while Solicam produces aluminum window systems used across Pecam projects. Real estate commercialization is handled through Simple Propiedades, an integrated brokerage that manages sales and administration for both group and third-party properties. The project portfolio spans urban developments (Mio Desarrollo Urbano, featuring the Paseo del Puente commercial center), residential condominiums (Botania, Midtown, IVAI series), luxury developments (SENS Luxury Palermo, AVA Palpa), commercial centers (Paseo del Puente), infrastructure (Hospital Austral, Acueducto Norte), and government social housing (PRO.CRE.AR developments across multiple cities). Recent flagship launches include Midtown (October 2024, 144 homes, 2,700 m² of gardens, designed by Aisenson Arquitectura) and Villa Olimpica for the ODESUR 2026 Games (245 apartments, 20,397 m² covered).

The business model operates on three revenue streams: real estate development and sales (one-time license revenue from property sales to end consumers and investors), construction services (professional services revenue from infrastructure, public works, healthcare, and educational facilities often secured through public bidding), and investment projects (joint venture participation in developments such as Mio Desarrollo Urbano and Midtown where Pecam partners with developers and institutional investors such as Qala, Miguel Maestu, Sancor Seguros, Petersen Thiele & Cruz, and Helport). The group is headquartered in Rosario with a regional office in Buenos Aires, employs 1,001–5,000 people, and remains privately held. Pricing is quote-based and not publicly disclosed; infrastructure contracts are won through public bidding processes.

Name

Grupo Pecam

Legal name

Grupo Pecam

Website

https://pecam.com.ar

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Grupo Pecam is an Argentine construction, property development, and real estate investment group founded in 1967 in Rosario, serving residential buyers, government agencies, and institutional clients with vertically integrated construction, materials manufacturing, and real estate services.

Ownership category

akta.pro rank

Product category

Real Estate Development and Construction

NAICS

Land Subdivision (23721), Lessors of Residential Buildings and Dwellings (53111), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Real estate development
• Construction services
• Residential property
• Commercial real estate
• Infrastructure construction

Headquarters

HQ city

Rosario

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Development and Sales: Development and sale of residential and commercial properties including condominiums, housing complexes, and mixed-use developments. Revenue generated from property sales to end consumers and investors.
2. Construction Services: Construction services for infrastructure projects including public works, healthcare facilities, educational institutions, transportation infrastructure, and hydraulic/sanitation systems. Projects include highways, airports, hospitals, schools, and utility infrastructure.
3. Investment Projects: Joint venture investments in real estate developments such as Mio Desarrollo Urbano and Midtown, where Pecam partners with other developers and investors to share investment and returns.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Grupo Pecam develops, constructs, and sells residential and commercial real estate properties (condominiums, urban developments, mixed-use centers, social housing) and delivers construction services for public infrastructure including hospitals, highways, sanitation systems, and educational facilities. Its integrated business model spans land acquisition, construction through affiliated materials manufacturers (Brimax AAC blocks, Solicam aluminum windows), and commercialization of completed properties through its wholly-owned real estate brokerage Simple Propiedades.

Product overview

Grupo Pecam is a construction, development and investment company with 50+ years of experience in the construction industry. The company operates as a portfolio of business units and projects rather than a unified software product. Its portfolio includes urban developments (Mio Desarrollo Urbano), residential condominiums (Botania), commercial centers (Paseo del Puente), architectural developments (Midtown, IVAI series, SENS Luxury), and social housing projects (PRO.CRE.AR). The group also encompasses related businesses including Simple Propiedades (real estate brokerage), Brimax (construction materials), and Solicam (aluminum windows).

Differentiator

Problem solved

Functional benefit

Brands

• Simple Propiedades: Full-service real estate brokerage handling sales and administration of properties for the group and third parties, including property management, renovations, architectural projects, and housing services.
• Brimax
• Mio Desarrollo Urbano
• Paseo del Puente

Products and services

• Mio Desarrollo Urbano Master-planned urban development in northern Rosario combining residential condominiums, PH houses, apartment towers, and commercial centers, located near the Paraná River and Rosario Victoria Bridge. Targeted at families and individuals seeking integrated living with green spaces and urban amenities.
• Botania Residential condominium complex comprising 6 towers of 4-5 floors with extensive amenity areas including a 4,500 m² central park, playroom, pet spa, gym, study room, coworking space, and zen park. Targeted at middle and upper-middle income families seeking amenity-rich vertical living.
• Paseo del Puente Open-air commercial center on a 9,000 m² plot featuring healthcare (Sanatorio de la Mujer), supermarket, gym, retail stores, and a large gastronomic area. Located within the Mio urban development and serves residents of northern Rosario and Granadero Baigorria.
• Midtown Large-scale mixed-use architectural development at the corner of Santiago and Tucumán in Rosario's most privileged area, featuring 144 homes, 2,700 m² of gardens, and more than 10 premium amenities. First project in Rosario designed by Aisenson Arquitectura. Targeted at upper-middle and high-income buyers seeking premium urban living.
• Villa Olímpica Olympic Village for the ODESUR 2026 South American Games in Rosario, comprising 245 apartments and 10 commercial spaces totaling 20,397 m² of covered construction on the former Batallón 121 site. Built for the government of Santa Fe to host athletes during the games.
• IVAI Series (V, VI, VII, VIII, IX, X) Series of horizontal property residential buildings in Rosario with multiple sizes and configurations (1,246 m² to 7,508 m²), offering 1, 2, and 3-bedroom apartments with parking and ground-floor commercial spaces. Targeted at middle-income urban buyers.
• MANA 4 Residential building with ground floor and 10 high floors, comprising 40 apartments across one, two, and three-bedroom configurations plus parking and commercial halls. Targeted at middle-income urban buyers in Rosario.
• Fraga Housing Complex Social and middle-income housing complex of 678 units distributed in 33 buildings on two land plots granted by the national government, plus 70 commercial spaces across 8 hectares totaling 75,000 m² in CABA. Targeted at families qualifying for federal housing programs.
• SENS Luxury Palermo ATV Luxury residential development in Palermo, Buenos Aires with 95 units ranging from 120 m² to 580 m², organized across one, two, or three floors, including 26 triplex units each with private terrace and pool. Targeted at high-net-worth buyers seeking premium urban residences.
• Pueblo Buena Vista Mixed-use development in San Fernando, Buenos Aires with 17,000 m² of construction encompassing commercial, gastronomic, and residential sectors across three housing typologies. Targeted at middle and upper-middle income families and retail tenants in the northern Buenos Aires suburbs.
• Halo Residential Building Residential building at the corner of Mendoza and Callao in Rosario, with ground floor and 10 floors comprising 1, 2, and 3-bedroom units, commercial space, parking, and rooftop SUM with grill and panoramic pool. Targeted at middle and upper-middle income urban buyers.
• Marina Bliss Construction services (masonry, completion, and finishing) for the Marina Bliss residential building in San Fernando, Buenos Aires, executed as a subcontract for an institutional client.
• Espacio Crespo Ground floor and ten-floor residential building in downtown Rosario's Echesortu neighborhood, offering studio and one-bedroom apartments designed for functionality. Targeted at young professionals and single occupants seeking compact urban living.
• Monasterio Di Dronero Residential building complex at Rioja 2863 in Rosario with 6,090 m² of construction, 64-vehicle ground-floor parking, 70 studios and one-bedroom apartments on the lower floors, and larger four-unit-per-floor configurations on the upper floors. Targeted at middle-income urban buyers.
• Edificio Vía Condotti Residential development at Italia 1924 in downtown Rosario, comprising ground floor and 7 floors with 12 one-bedroom apartments, 2 studios, and parking. Targeted at middle-income urban buyers. Construction started October 2007 and finished December 2008.
• Bosques de Funes Real estate development in Funes, Santa Fe, integrating a residential complex with local commercial spaces and amenity areas set within an extensive eucalyptus forest. Targeted at families seeking nature-adjacent suburban living with urban conveniences.
• PRO.CRE.AR Housing Projects Portfolio of social housing developments executed under Argentina's federal PRO.CRE.AR program across multiple cities in Santa Fe, Buenos Aires, Río Negro, and other provinces, delivering varied housing typologies to qualified families. Targeted at program-eligible families seeking affordable housing with federal financing.
• Punta del Río Residential building at Av. Caseros 242 in Rosario's Puerto Norte district, situated in a privileged area near the Paraná River with strong accessibility and proximity to a major shopping center. Targeted at middle and upper-middle income urban buyers seeking riverside living.
• AVA Palpa Residential building with 3, 4, and 5-room apartments featuring terrace balconies, grills in all units, in-house workspace, private terraces on top floor units, and open views to a central plaza with full amenities. Targeted at families and professionals seeking spacious urban residences.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• QalacoreStrategic or Co-development Partner · 1 October 2024Joint development partner for Midtown project, a major mixed-use development in Rosario. Qala partners with Pecam, Miguel Maestu, and Sancor Seguros in this flagship project designed by Aisenson Arquitectura.
• Miguel MaestucoreStrategic or Co-development Partner · 1 October 2024Joint development partner for Midtown project, contributing to the landmark development in Rosario's city center.
• Sancor SeguroscoreStrategic or Co-development Partner · 1 October 2024Insurance company partner in Midtown development, providing financial backing and insurance services for the project.
• Petersen Thiele & Cruz SAcoreStrategic or Co-development PartnerPartner in Desarrollo Integral del Sur SA joint venture for major real estate development in southern Rosario, Santa Fe.
• Helport SAcoreStrategic or Co-development PartnerPartner in Desarrollo Integral del Sur SA joint venture for large-scale urban development project.
• Simple PropiedadescoreChannel Partner/ Reseller/ DistributorIntegrated real estate company within Grupo Pecam handling commercialization and administration of all Group properties, including third-party properties.
• LietuvaminorStrategic or Co-development PartnerReal estate development company creating synergies for distinctive architectural projects in Rosario with specialized construction qualities.
• Sanatorio de la MujercoreStrategic or Co-development PartnerHealthcare partner with new 3,600 m² facility at Paseo del Puente, providing medical services to Mio development and northern Rosario residents.
• MicroPack (MicroGo)minorChannel Partner/ Reseller/ DistributorRetail partner launching first MicroGo proximity supermarket chain at Paseo del Puente, occupying 1,050 m² within the commercial center.
• Único SupermercadosminorChannel Partner/ Reseller/ DistributorSupermarket chain providing retail services to Mio development residents and northern Rosario/Granadero Baigorria region.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• TGLT: Argentine residential and mixed-use developer with a portfolio of premium urban projects in Buenos Aires. Directly comparable in product (high-rise residential, mixed-use) and customer segment, though more heavily concentrated in CABA than Pecam.
• Raghsa: Argentine developer of premium residential and office properties in Buenos Aires. Closely comparable in terms of luxury residential product positioning and integrated development platform, competing for similar buyer demographics in the metropolitan market.
• Consultatio: Leading Argentine real estate developer focused on premium residential and mixed-use projects in Buenos Aires and key provincial markets. Directly comparable to Pecam in target customer (mid-to-upper income) and product type (condominiums, towers, mixed-use), though more Buenos Aires-weighted.
• CRIBA: Long-established Argentine construction company undertaking residential, commercial, and infrastructure projects. Comparable in broad construction capabilities and decades-long market presence, similar in geographic and segment coverage to Pecam in Santa Fe and surrounding regions.
• Caputo S.A. Argentine construction and real estate firm with residential and commercial projects across Argentina. Directly comparable in construction services and development activity, targeting similar mid-market and upper-mid residential segments.

Regional players

• Eidico: Argentine real estate developer specializing in urban and semi-urban planned communities, including closed neighborhoods and mixed-use developments. Comparable in community-scale development model and end-buyer targeting, though stronger in suburban/barrio cerrado projects than Pecam's urban core focus.

Emerging players

• Cyrela Brazil Realty: Brazilian premium residential and commercial real estate developer. Comparable as a regional Latin American developer executing high-rise residential and mixed-use projects; differs in geography (Brazil) but shares the integrated developer model and mid-to-premium end-buyer focus.

Broad incumbents

• MRV Engenharia: Latin America's largest residential developer by volume, with broad exposure across Brazil and select international markets. Comparable in residential development scale and product breadth, though far larger and more diversified than Pecam — useful as a Latin American benchmark for vertical integration and JV-partnered growth.
• IRSA Inversiones y Representaciones: Argentina's largest diversified real estate company, operating shopping centers, offices, and residential developments. Larger and publicly listed; comparable in residential development and commercial mixed-use activity but at significantly greater scale and a broader portfolio.

Others

• Holcim Argentina: Major construction materials supplier in Argentina (cement, aggregates, concrete). Not a direct competitor but thematically related as an input supplier; Pecam's Brimax subsidiary (AAC blocks) competes in adjacent building materials categories, making Holcim a relevant ecosystem peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GrupoPECAM
• LinkedInlinkedin.com/company/grupo-pecam

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grupo Pecam