“Asunción’s New Corporate Hub”: The Most Influential Advertising Campaign in Paraguayan Real Estate
- Carlos E. Gimenez

- 7 hours ago
- 7 min read
How an urban positioning strategy managed to transform the perception of Asunción and redefine the country's corporate map.

In the urban imagination, some concepts seem to take hold overnight, as if they arose spontaneously. Words begin to be repeated in conversations, headlines, business plans, and corporate presentations until they become part of the everyday vocabulary of the market. But this apparent naturalness is almost never accidental. In real estate, where language not only describes the city but also constructs it, new axes, districts, or centers respond to carefully designed positioning strategies to reorganize the way we think about territory. Cities are narrated and reshaped through words, but none of them are sustained solely by marketing power. For an idea to endure, it must be supported by facts: investment, construction, infrastructure, perceptible changes in urban life. Narrative can open the door, but only evidence allows it to take root.
“Asunción’s New Corporate Hub” is one of the clearest and most successful examples of this dynamic in Paraguay. It wasn’t a term that simply caught on; it was the result of a sustained strategy that combined market research, urban analysis, intelligent communication, and a series of projects capable of bringing the concept to life. More than just a slogan, it became a cultural and urban project that redefined the perception of Asunción in the following decade.
The story begins in 2008, when Capitalis announced a groundbreaking plan for the time: to build ten corporate buildings within seven years on Aviadores del Chaco Avenue, between San Martín and Madame Lynch. The idea was ambitious, not only because of the sheer volume of square meters it proposed to develop, but also because it offered something that didn't yet exist in Paraguay: a planned corporate corridor with its own distinct identity, aligned with regional trends like Catalinas in Buenos Aires, Las Condes in Santiago, or Faria Lima in São Paulo. The first step was tangible: Plaza Center Molas López and Plaza Center Victoria, both inaugurated in 2010, followed by Plaza Center Santa Teresa in 2011. But the milestone that would truly solidify the narrative was the launch of the World Trade Center Asunción in 2011, a complex of over 70,000 square meters that, from its very announcement, symbolized a leap forward for the local corporate market. From that moment on, the concept ceased to be a projection and became a visible reality.
The narrative rested on carefully constructed arguments. The location was no accident: it was the main access point to the capital from Silvio Pettirossi International Airport, giving the buildings the status of urban landmarks and offering a strategic advantage for foreign executives. The proximity to Shopping del Sol added a service and dining component that enhanced the work experience. The presence of the Sheraton Hotel, just a few meters away, provided infrastructure for corporate events and world-class accommodations, reducing the need for companies to occupy their own space for meetings or conferences. And all this was happening at a time when the market was already giving clear signals: many private companies had abandoned the historic center to set up shop in converted homes in residential neighborhoods, a practical but limited solution. These houses were not designed to meet the needs of a premium office and, over time, became insufficient. The market demanded a new central hub.
The market research conducted by Capitalis reinforced this diagnosis. Mariscal López, between Sacramento and San Martín, was already showing signs of saturation, a lack of planning, and insurmountable traffic congestion. San Martín was evolving into a predominantly commercial hub. Logic dictated that corporate growth should be directed toward Aviadores del Chaco, a wide corridor with good connectivity and the capacity to absorb large-scale developments. The strategy, communicated through interviews, press releases, advertising materials, and sales presentations, had a consistent, well-supported narrative, precisely repeated. There was no improvisation: each message reinforced the idea that Asunción needed a new business hub and that this hub already had defined coordinates.
The impact was immediate. The campaign became so influential that other developers began incorporating the term into their communications, adopting it as a sign of belonging to a new urban order. Three milestones accelerated this process: the launch of Paseo La Galería in 2013, the announcement of SkyPark in 2015, and the arrival of Park Plaza in 2018—flagship projects by EYDISA that reinforced the area's corporate identity. Later, with the inauguration of Torre Aviadores, Codas Vuyk also adopted the concept in its communication strategy.
Soon, even residential and commercial developments located in Santa Teresa, Mburucuyá, Molas López, and the CIT area began to highlight their proximity to the "corporate hub" as an added value. The concept expanded beyond the original area to become a commercial attribute signifying modernity, connectivity, and prestige. The narrative no longer belonged solely to Capitalis; it had become a shared language for the market.
The physical consolidation of the corridor also progressed. New buildings were added, such as Trading Park, the Distribuidora Gloria corporate headquarters, the Matter building, Link Aviadores, Las Torres AYMAC, Royal Tower, and The Top, among others. The ecosystem was further strengthened by the addition of hotels like Dazzler, Splendor, and Aloft, which completed the necessary infrastructure for a metropolitan-scale corporate corridor. Simultaneously, Shopping del Sol expanded with more retail spaces and is now preparing to launch a new corporate tower. What began as a vision has become a cohesive urban fabric, with a critical mass of square meters, services, and amenities that retroactively validated the original campaign.
In retrospect, “Asunción’s New Corporate Hub” can be understood as much more than an advertising campaign: it was a successful urban experiment in which narrative, market, and architecture aligned to transform the city. The concept reshaped how Asunción is perceived, how investment is made, and how planning takes place. And it demonstrated something fundamental in real estate: cities don’t change with buildings alone; they change with ideas capable of organizing those buildings within a shared vision.
From a marketing perspective, the "New Corporate Axis of Asunción" campaign represents one of the clearest examples of territorial branding in the Paraguayan market. It didn't simply promote real estate; it proposed a symbolic reorganization of the city, where value stemmed not only from the building itself, but also from the urban narrative to which that building belonged. This type of strategy, widely used in mature markets, transforms geography from a static fact into a narrative product, curated and sustained over time.
The key success of that campaign was understanding that real estate value depends not only on architecture or available square footage, but also on the collective perception of the location. Marketing didn't operate as a mere artifice, but as a mechanism for connecting real trends: companies relocating from the city center, growing demand for premium office space, saturation of traditional corridors, and a clear geographic opportunity. Communication didn't invent the corporate axis; it interpreted it before anyone else and gave it a communicable form.
Furthermore, the campaign distinguished itself by its ability to generate spontaneous support. When other developers began using the same name, the concept ceased to be the property of a single company and became a cultural asset of the market. This is what is known in marketing as an “adopted narrative”: an idea that transcends its creator because it addresses a conceptual gap that the market needed to fill. At that point, the campaign ceased to be a positioning strategy and became a shared mental framework, something that rarely occurs in the local real estate sector.
Another key aspect was the consistency between message and evidence. Many real estate campaigns fail because they promise futures inconsistent with urban reality. In contrast, the corporate axis's narrative found its legitimacy in the simultaneous progress of iconic projects, the growth of the office park, the establishment of international hotels, and the consolidation of complementary infrastructure. Each new project functioned as an additional chapter that reinforced the narrative. From a marketing perspective, this is fundamental: a concept is not sustained by advertising alone; it is sustained by social proof, critical mass, and consistent repetition.
Timing was also crucial. The campaign was launched at a time when the country was beginning to experience a new phase of private investment, greater internationalization of companies, and a nascent foreign interest in the local corporate market. Capitalis seized this window of opportunity and acted before the market could define its own course. In marketing, this is known as the first-mover narrative advantage: being the first to name something is equivalent to being the first to define how it should be understood.
Behind every new urban center, behind every concept that transcends its origins, there is always a combination of business vision, urban observations, and a sustained, critical analysis from specialized media outlets that understand the city's pulse. They are not responsible for inventing the narrative, but rather for giving it depth, legitimacy, and continuity. In rapidly growing markets, this interpretive capacity becomes essential because it prevents concepts from becoming diluted and helps urban transformations be understood within a broader context.
Ultimately, the success of the “New Corporate Hub of Asunción” reveals something deeper about real estate marketing: that the best campaigns don't sell products, but rather visions of the city. They don't simply seek to occupy land or sell offices; they seek to construct an aspirational scenario where investment, architecture, mobility, and prestige converge into a single concept. When that vision becomes credible and replicable, it ends up acting as a symbolic ordering of the territory, modifying not only how the city is built, but also how it is conceived.
This corporate focus didn't appear by magic. It came about because someone had the ability to identify a pattern, construct a narrative, support it with evidence, and execute it through concrete actions. And because the market—companies, developers, institutions, buyers—found in that narrative a truth that needed to be named. That is the power of words when they align with reality: they don't just interpret the city, they transform it.