Real Estate

ARG Realty Group

Leading commercial real estate Company in Argentina, with over 100,000 sqm of office and retail assets and a mandate to acquire and develop for lease real estate properties in the country.

ARG Realty´s portfolio includes TOM, the second largest entertainment and shopping center in Argentina, and Urbana, one of the largest corporate office parks in Buenos Aires.

Grupo Pegasus partnered with Equity International, Goldman Sachs MBD and Centaurus Capital to constitute ARG Realty Group in Argentina's single largest real estate investment in over a decade.

The transaction included the acquisition of Pegasus Real Estate Fund’s one hundred thousand square meter class A office and retail real estate portfolio.

ARG will focus on income producing real estate properties in Argentina, including investments in Buenos Aires office and retail assets.

Shopping Centers

Located in one of the fastest growing suburbs North of Buenos Aires. Total of 156-store shopping mall and entertainment center (43,347 sqm, second largest shopping mall in the country)


Class A corporate office complex (48,000 sqm + 2,000 sqm retail) North of Buenos Aires Delivered in 2009

Mixed Use

Under Development

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Colombia Real Estate

Shopping Centers

In December 2014, Pegasus co-founded Colvalor with a the leading commercial developer in Colombia, Ospinas & Cia. Colvalor is currently developing Alegra, a 55,000 sqm GLA shopping mall in Barranquilla and recently sold to Parque Arauco, a publicly listed Chilean developer and operator of multi-format real estate assets, a stake in the shopping center.