Pei’s assets obtain ICONTEC’s ‘Biosafety Operations Certification’
Pei Asset Management has assisted with and facilitated Pei obtention of the Biosafety Operations Seal for 12 of its portfolio assets. This achievement required the investments necessary to ensure compliance with all the protocols provided for by Resolution 666 of April 2020 . A total of 24 properties are scheduled to be certified by the […]
Fiducoldex elected as the Legal Representative for TEIS Investors
Bogotá D.C., September 29, 2020. Pei’s investors elected Fiduciaria Colombiana de Comercio Exterior S.A. (Fiducoldex) as their Legal Representative, during Pei’s Second Call-Investors Ordinary General Assembly of 2020. The results of the election, which according to the equity securities (TEIS) issuance prospectus required a 40% vote of the TEIS outstanding, reported votes in favor of […]
Pei held its First Virtual Investors Ordinary Assembly
Bogotá, August 2020. Pei, the country’s leading real estate investment vehicle, managed by Pei Asset Management, held Pei 2020’s first-call Investors Ordinary Assembly. The Assembly’s call was addressed to 4.561 investors of the vehicle and, given the current health emergency, for the first time ever was held virtually. The investors and their representatives answered the […]
Distributable Cash Flow First Semester 2020
According to Pei’s Equity Securities Issuance and Placement Program’s information prospectus, Pei will pay the Distributable Cash Flow (DCF) generated in the first semester of 2020, on August 18, 2020. The amount that each investor will receive, settled based on the semi-annual financial statements audited by the tax auditor, 1 will be COP $150.532 per […]
Pei’s Results – First Semester 2020
Structural strengths, commercial management, and support to tenants in response to an unprecedented situation During the first half of 2020, in the midst of the unprecedented juncture resulting from the health emergency, the vehicle generated a Distributable Cash Flow of COP $64,943 MM. The vehicle’s commercial management achieved a 92% contracts-retention and commercial arrangements in […]
What are we doing from Pei Asset Management against Covid-19?
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Pei Asset Management presented its results for the first quarter of 2020 to Pei’s Investors
In February, the Distributable Cash Flow’s for the second semester of 2019 was paid. Pei maintained the i-AAA rating for its Equity Securities, the AA+ rating for its long-term bonds, and achieved, for the first time, the BRC1+ rating in short-term debt. The first quarter of the year was not significantly impacted as a result […]
Pei Asset Management implements international sustainability standards
In line with its sustainable culture development strategy, PEI Asset Management is committed in implementing international responsible investment management standards within its organization. Pei’s admission as signatory to the Principles for Responsible Investment (PRI), implies that both the company and its collaborators will contribute to such principles’ fulfillment. Therefore, the company will continue to work, […]
Pei completes the acquisition of a 50% stake in Jardín Plaza Cúcuta Shopping Center
Pei completed the purchase of a 50% stake in Jardín Plaza Cúcuta Shopping Center. The shopping center has a leasable area of 31,325 m2 and 180 commercial premises. Jardín Plaza Cúcuta opened to the public in 2019 and with this acquisition becomes the top commercial asset of Pei’s portfolio in Norte de Santander. Bogotá D.C., […]
Pei Asset Management Presented The 2019 Results To Pei’s Investors
In 2019, Pei, Colombia’s leading real estate investment vehicle, exceeded 6 billion pesos in assets under management, closing the period with 982,000 m2 of leasable area and 1,525 tenants, represented by over 2,000 contracts. Pei’s eleventh and largest Issuance of Equity Securities ever –COP 816,500 million– had a bid to cover of 1,7 times. In […]
