Grupo Centenario

What Grupo Centenario does

Grupo Centenario is a privately held Peruvian real estate conglomerate operating under Inversiones Centenario S.A.A., founded in 1929 and headquartered in San Isidro, Lima. The group runs three core business units: Centenario Urbanizaciones (residential lot development and direct in-house financing for individual families), MacrOpolis (industrial park development on 1,400+ hectares in Lurín, hosting 360+ industrial clients including Toyota, Divemotor, and Ransa), and Centenario Oficinas (office rental in Centro Empresarial Real and Torres Camino Real, with 86% portfolio occupancy and 7 LEED certifications). Adjacent operations include Centenario Hoteles, Centenario Macrolotes (large extension lands for third-party developers), and until 2025 the Minka shopping center, which was divested as part of a strategic portfolio prioritization.

The company makes money through one-time lot sales (with pricing from approximately S/65,000 in provincial cities to S/95,000 in Lima), recurring rental income from premium office space, and industrial land transactions including a new US$100M warehouse development partnership with Grupo Campos. More than 90% of residential buyers receive direct financing without credit evaluation, capturing both developer and financier margins. The go-to-market combines on-site sales offices (casetas de ventas) at each project across at least seven Peruvian cities (Lima, Trujillo, Ica, Tacna, Chiclayo, Piura, Huacho), a homologated broker network, project-specific microsites, and a referral program (Refiere y Gana).

Grupo Centenario has 466 employees, has served over 52,000 families cumulatively, and delivered 120+ projects across Peru. Recent strategic activity includes entry into three new cities (Huacho, Pimentel, Lurigancho-Chosica), a S/250 million debt refinancing in January 2026, SAP S/4HANA migration (Project Everest), an interinstitutional cooperation agreement with Peru's Ministry of Production to advance MacrOpolis' inclusion in the SNPI, and membership in CODIP, the confederation representing 85% of formal Lima real estate supply. The company holds ISO 37001 anti-bribery certification, the Anti-Corruption certification from Empresarios por la Integridad, and has been recognized nine times as a Great Place to Work in Peru with 87% employee satisfaction in 2024.

Name

Grupo Centenario

Legal name

Inversiones Centenario S.A.A.

Website

https://grupocentenario.com.pe

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

251–500 employees

Short description

Grupo Centenario is a Peruvian real estate conglomerate founded in 1929 that develops residential urbanizations, the MacrOpolis industrial park (1,400+ hectares), and Class-A offices in Lima, serving more than 52,000 families and 360+ industrial clients across Peru.

Ownership category

akta.pro rank

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Land Sales (Desarrollo Urbano): Sale of formal residential lots to individuals and families, with direct financing provided by the company. Primary revenue driver across multiple cities in Peru.
2. Industrial Real Estate (MacrOpolis): Development and sale/lease of industrial lots and land at MacrOpolis, the largest industrial city in Peru. Includes a new warehouse/bodegaje segment launched in 2025.
3. Office Rental (Centenario Oficinas): Rental of office space in Centro Empresarial Real (San Isidro) and other premium office complexes. Occupancy rate reported at 86% for the rental portfolio.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Grupo Centenario is a Peruvian real estate conglomerate that develops, sells, and rents real estate assets across four main business lines: (1) Centenario Urbanizaciones — formal residential lots with direct in-house financing to individuals and families; (2) MacrOpolis — industrial-zoned land for manufacturing, logistics, and warehousing at the largest planned industrial city in Peru (1,400+ hectares); (3) Centenario Oficinas — premium Class-A office space in San Isidro and Surco through Centro Empresarial Real; and (4) Retail property including the Minka shopping center. The group has delivered more than 50,000 residential lots across 120+ projects to over 52,000 families in nearly 100 years of operation.

Product overview

Grupo Centenario is a diversified Peruvian real estate group with 95+ years of history operating through four main business units: (1) Centenario Urbanizaciones for residential land development offering lots with direct financing, (2) MacrOpolis for industrial development and warehouse logistics, (3) Centenario Oficinas for office rental in premium locations, and (4) retail properties including shopping centers. The portfolio includes residential projects across multiple cities (Lima, Trujillo, Ica, Tacna, Piura, Chiclayo, Huacho), industrial zones with 1,400+ hectares, office complexes including Centro Empresarial Real with LEED certifications, and shopping centers. The group offers direct financing options, sustainability programs including circular economy partnerships, and corporate mentoring initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Centenario Desarrollo Urbano: Residential lot development and sales business unit, operating under the name Centenario Urbanizaciones
• MacrOpolis
• Centenario Renta Inmobiliaria
• Centenario Hoteles

Products and services

• Centenario Urbanizaciones (Residential Lots) Residential land development offering formal titled lots in planned urbanizations (Entrevalles, Golf de Santa Clara, La Planicie, Montemar, Casablanca, Brisas de Huanchaco, Mirador de Huacho, etc.) across Lima, Trujillo, Ica, Tacna, Chiclayo, Piura, and Huacho. More than 50,000 lots sold to 52,000+ families with direct in-house financing covering over 90% of customers without credit evaluation.
• MacrOpolis Industrial Land Industrial-zoned land development at MacrOpolis in Lurín, Lima, spanning 1,400+ hectares. Offers lots starting from 1,000 m² with custom sizing for manufacturing, logistics, warehousing, and automotive operations. Serves 360+ industrial clients including Toyota (16 hectares), Divemotor, and Ransa.
• MacrOpolis Warehouse Development New industrial warehousing segment at MacrOpolis executed with Grupo Campos as strategic partner. Targets logistics operators with approximately 20 hectares in the first stage out of an approximately US$100 million total investment.
• Centenario Oficinas (Office Rental) Rental of premium Class-A office space in San Isidro and Surco, Lima. Includes Centro Empresarial Real (7 LEED certifications, 2,400+ m² Centric Space amenities, 10 meeting rooms) and Torres Camino Real (17,000+ m² of renewed glass facades, community lounges, SUM rooms, dining areas). Portfolio occupancy at 86%.
• Minka Shopping Center Shopping center in Lima receiving more than 1.5 million visitors per month, hosting retail, dining, and entertainment tenants. Operated under the retail property segment of Grupo Centenario. Minka was sold in 2025 as part of a strategic portfolio prioritization plan.
• Centenario Macrolotes (Large Extension Lands) Sale of large extension lands suitable for developing residential, commercial, and industrial projects. Served through the centenariomacrolotes.pe microsite.
• Direct In-House Customer Financing Direct in-house credit offering for residential lot purchasers that does not require bank credit evaluation. Covers over 90% of Centenario Urbanizaciones customers, addressing the gap faced by families lacking formal credit history.

Quantifiable outcome

• 3,100+ families accessed formal housing in 2024 alone, bringing total to 52,000+ families
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered minor and core.

• A CaminarminorStrategic or Co-development Partner · 4 May 2026Social impact alliance for donating furniture and equipment to families in vulnerable situations. Grupo Centenario made a donation of furniture and equipment as part of this partnership.
• ToyotacoreStrategic or Co-development Partner · 6 February 2026Toyota is consolidating its logistics and automotive operations at MacrOpolis, occupying 16 hectares. Operations include storage, conditioning, and vehicle preparation, consolidating from multiple locations in Callao and Bocanegra. This anchors the automotive/vehicular cluster at MacrOpolis alongside Divemotor and Ransa.
• Ministerio de la Producción (Ministry of Production of Peru)coreStrategic or Co-development Partner · 21 January 2026Cooperation agreement signed between the Ministry of Production and Grupo Centenario for the development of high-standard industrial infrastructure. MacrOpolis is being evaluated for inclusion in the Sistema Nacional de Parques Industriales (SNPI). The agreement aims to promote investment and competitiveness in the industrial sector.
• Mosquera Rosado – Comunicación y DiversidadminorImplementation/ SI/ Consulting Partner · 11 November 2025Consulting partner for the 'Mujeres que Trascienden' corporate mentoring program, the first such program in a Peruvian business center. The program paired 6 mentors with 21 mentees from 17 companies over four months, focusing on leadership, gender equity, communication, negotiation, and emotional management.
• Confederación de Desarrolladores Inmobiliarios del Perú (CODIP)minorStrategic or Co-development Partner · 5 August 2025Grupo Centenario joined CODIP to contribute its nearly 100 years of experience to the real estate development guild. CODIP represents 85% of formal real estate supply in Metropolitan Lima. CEO Eduardo Herrera stated the company will promote standards of formal, orderly growth with sustainability and integrity.
• Grupo CamposcoreStrategic or Co-development Partner · 5 February 2025Strategic partnership for the first warehouse/bodegaje development at MacrOpolis in Lurín. Grupo Campos is the strategic partner for this ~US$100 million investment over ~20 hectares, representing MacrOpolis' entry into the logistics warehousing segment.
• SinbacoreStrategic or Co-development Partner · 12 June 2024Circular economy alliance for waste management at Centro Empresarial Real. Sinba implements a collection and circular reuse system for all CER offices, aiming to recover over 70% of waste. Sinba transforms recyclable waste into raw materials and organic waste into animal feed or compost. This partnership is framed within Grupo Centenario's sustainability strategy 'Juntos Trascendemos'.
• Banco de Alimentos del PerúminorStrategic or Co-development PartnerFood rescue program at Minka shopping center recovered more than 93 tons of food for donation to vulnerable communities in Lima and Callao, in alliance with Banco de Alimentos del Perú.
• EY (Ernst & Young)coreImplementation/ SI/ Consulting PartnerEY manages the 'Transparencia Centenario' confidential reporting channel for reporting unethical or illegal conduct that violates the Code of Ethics or the law. This transparency portal is the company's internal ethics and compliance reporting mechanism.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Fibra Uno: Mexico's largest diversified real estate investment trust. Comparable as a broad real estate platform with industrial, retail, and office exposure in Latin America, though structured as a public REIT rather than a privately-held developer.
• SalfaCorp: Chilean construction and real estate conglomerate with residential, industrial, and commercial developments. Comparable in integrated developer model and Latin American construction/real estate positioning, though broader and primarily Chile-focused.
• ProLogis: Global leader in industrial real estate with significant Latin American presence. Comparable in industrial park asset class to MacrOpolis, though at vastly greater scale, geographic reach, and public-market access.
• Parque Arauco: Chilean real estate company operating shopping centers, strip malls, and office assets across Chile, Peru, and Colombia. Comparable to Centenario's retail (Minka, prior to divestiture) and office (Centro Empresarial Real) segments as a broader regional incumbent.
• Aenza (formerly Graña y Montero): Large Peruvian infrastructure and real estate conglomerate. Overlaps with Centenario's real estate development activities, though broader in scope (engineering, construction, services) and not specialized in residential lots or industrial parks.

Direct peers

• VivoCorp: Chilean industrial real estate developer operating planned industrial parks across Latin America. Direct comparable to MacrOpolis in business model (planned industrial cities with zoned land for lease/sale) and customer segment (logistics, manufacturing, automotive tenants).
• Imagina Grupo Inmobiliario: Peruvian real estate developer active in residential and commercial projects. Comparable in product mix and Peruvian formal-property buyer base to Centenario's urban development unit.
• Grupo Edifica: Lima-based real estate developer focused on residential and mixed-use projects. Comparable to Centenario's Centenario Urbanizaciones residential lot development business, operating in the same Peruvian formal-housing market.
• Cimenta: Chilean industrial parks developer with operations in Chile and Peru. Closely comparable to MacrOpolis in delivering planned industrial infrastructure for B2B tenants, though primarily serving the Chilean market.

Regional players

• Mall Plaza: Chilean shopping center operator with operations in Peru and Colombia. Comparable in retail real estate asset class to Minka (which Centenario divested in 2025), though operating primarily in different geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/PeruCentenario
• LinkedInlinkedin.com/company/grupocentenario

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries13 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 Centenario