OUR PAST
Agility was formerly known as Thunderbird Resorts, and began its journey developing real estate into hospitality operations in India, the Philippines, Peru, Panama, Costa Rica and Nicaragua. In the years leading up to covid, we exited properties through asset sales in multiple markets. In the post-covid era, we have begun our transition to repurposing properties for new uses within markets in which we have assets and infrastructure.
AGILITY TODAY
Agility today has real estate holdings in Peru, Costa Rica and Nicaragua, with corporate team members in Panama, the United States and Switzerland. Our current phase of development is to repurpose our own largely debt-free real estate holdings for new uses, including this 27-acre property on a major highway exiting San Jose, Costa Rica. Agility is publicly traded on the Euronext. Our officers and directors are listed at the bottom of this page.
AGILITY'S FUTURE
Agility is focused on two real estate categories that research and experience indicate should offer premium real estate returns in coming years. We are now actively looking for a third product category that also offers real scalability.
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1
REPURPOSING FOR RESIDENTIAL
Agility repurposed over 65,000 ft2 of debt-free, group-owned hotel into condominium apartments in Miraflores, Lima, Peru, with a 100% exit. The Group will continue to look for additional properties to repurpose into residential in Peru and in other regional markets in which it has infrastructure.
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2
REPURPOSING FOR FLEXIBLE CORPORATE OFFICES
Agility owns debt-free over 72,000 ft2 of offices in Miraflores, Lima, Peru that it is now repurposing as flexible office space with a capacity for up to 1,000 users. The Group will continue to seek opportunities in the flexible office space in markets in which it has infrastructure.
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3
REPURPOSING ALTERNATIVE REAL ESTATE ASSETS
Agility has a history of repurposing properties in emerging markets. These have included hospitality and mixed use developments in India, the Philippines, Peru, Panama, Costa Rica and Nicaragua. We are now looking for a third scalable real estate category.
BOARD OF DIRECTOS
Highly experienced board of directors that has guided the company through to stability.
SALOMON GUGGENHEIM
Executive Chairman
Mr. Guggenheim joined the Group in 2002 as Director. His experience includes Managing Director of Rabo Investment Management Ltd., and CEO for Ecopowerstations Ltd., a corporation dealing with pollutant-free & emission-free wind power stations. Mr. Guggenheim was CEO of Agility in 2013-2023.
RETO STADELMANN
Independent Director
Mr. Stadelmann joined the Group as Director in 2021. He studied law at the University of Zurich in Switzerland. His experience includes Global Co-Head of Foreign Exchange and Money Market at UBS AG, Global Co-Head of Macro at UBS AG and he has been a member of the UBS Investment Bank Board.
STEPHAN FITCH
Independent Director
Mr. Fitch joined the Group as Director in 2016. His experience includes co-founder & Managing Director of London-based IAG Holdings Ltd. (IAGH), specializing in international merchant banking, and has been in investment banking in start-up, venture capital & small-capitalized public companies.
COMPANY OFFICERS
We are a resilient team that has developed in the emerging markets for over twenty years.
PETER LESAR
CEO & CFO
Mr. LeSar has been the CFO of the Group since June 2011. Previously, he has worked for the Group as President of its Philippines businesses (1,400 employees and $55M in revenues at peak) and as Vice President of Business Development at the Group level. Adding to his hospitality bonafides, Mr. LeSar was also the founder of two restaurants recognized by The World’s 50 Best in its Discovery Series and is the author of the book Restaurant Strong. Mr. LeSar can be reached at [email protected].
YAZMINA ESCOBAR
General Counsel
Ms. Escobar joined the group in 2008, starting as Corporate Tax Counsel. She worked on many of the Group’s most significant transactions and was promoted to Latin America Regional Counsel in 2011. Ms. Escobar received her law degree with honors in Panama, at Santa Maria La Antigua University, and a Master in Law & Economics in Buenos Aires, Argentina. She has also post-graduate studies in International Arbitration & Stock Markets. Ms. Escobar can be reached at [email protected].
