The Land Group Arranges Secondary Sale of Estancia Villa Lucero in Uruguay to Private European Investor and Retains Long-Term Operating Role

The Land Group Arranges Secondary Sale of Estancia Villa Lucero in Uruguay to Private European Investor and Retains Long-Term Operating Role

Montevideo, 5 May 2023

We are pleased to announce the successful completion of the secondary sale of Estancia Villa Lucero, one of Uruguay's iconic farmland properties that we have managed over the past five years.

One of the country's most traditional farms, Villa Lucero combines significant production potential with substantial investment in infrastructure and development to support the production of sustainably reared grass-fed beef cattle, rainfed row crops, rice, and timber.

Located in the heart of Uruguay, in the Tacuarembó department, the property spans over 9,000 hectares, comprising eighteen distinct land plots grouped broadly into three soil categories.

The estate features seven residences with 35 bedrooms, four barns, a comprehensive water system, three cattle facilities, 140 kilometres of exterior and internal fencing, and a 1,250-meter airstrip with an aeroplane hangar.

We are pleased to report that Villa Lucero has been acquired by a private European investor, thus providing liquidity to our original client, a consortium of European investors, after a successful five-year holding period.

The Land Group arranged the sale and will continue operating the property for the foreseeable future.

This successful transaction showcases The Land Group's ability to source, execute, develop, manage, and divest from exceptional farmland investments.

For more information on this property, please visit our blog, and to have a glimpse its breath-taking landscapes and facilities, watch our short video clip.

About The Land Group

The Land Group was founded in 2016 by Francisco Roque de Pinho and Joaquín Labella to manage agricultural investments and operate farmland properties on behalf of European investors.

The firm currently oversees a portfolio of nine farms with a total area of 50,000 hectares between Uruguay and Paraguay that produces beef, row crops (soybean, but also wheat, corn, sorghum, canola), rice, and timber.

More information here.