Frequently Asked Questions
This section answers frequently asked questions on Pei Asset Management, the real estate investment options it manages, and the services available to the different stakeholders.
To facilitate access to the information, questions are organized by the type of audience.
What exactly does Pei Asset Management do?
Pei Asset Management is an asset manager (specialising) in the comprehensive management of real estate investment vehicles. It has two main roles: first, structuring real estate investment vehicles, and second, launching, operating and managing the operation of the vehicles and assets under technical, profitability, sustainability and good corporate governance criteria.
What is the relationship between Pei Asset Management and Pei?
Pei Asset Management is the expert manager and administrator of Pei as a real estate investment vehicle, and of the assets in that portfolio.
Pei is a real estate investment alternative established as an autonomous estate with its own governance and regulatory structure, and which owns real estate assets such as office buildings, logistics parks and shopping centres, among others.
Does Pei Asset Management own the real estate assets?
No. Pei Asset Management does not own the assets. It acts as a professional real estate manager, managing the assets that are part of investment portfolios, such as Pei.
What role does Aval Fiduciaria play in Pei?
Since Pei is an autonomous estate, Aval Fiduciaria acts as spokesperson and management agent for the Pei autonomous estate, in accordance with the applicable regulations and Pei’s incorporation documents.
It is important to clarify that:
- Pei Asset Management is the business manager with experience in real estate and financial matters.
- Aval Fiduciaria performs fiduciary functions as the management agent.
Why are multiple entities involved?
The separation of roles between the real estate manager, fiduciary agent, and investment alternative enables:
- Transparency
- Specialization
- Protection of investors’ interests
- Scalability of the model to new products
Where can I consult information about fees and commissions?
You can consult the information on fees and commissions for Pei’s administration in the Prospectus for the Issuance and Placement of Pei Participatory Securities.
How does Pei Asset Management’s corporate governance work?
Pei Asset Management is a private SAS company with a formal corporate governance structure consisting of the Shareholders’ Assembly and the Board of Directors, as well as several operational and business oversight committees.
Can I submit a complaint or request regarding the operation of an asset?
Yes. You can submit your request here.
How does Pei Asset Management handle personal data?
Pei Asset Management processes personal data in compliance with current data protection regulations. You may consult Pei Asset Management’s data processing policy here.
What is Pei?
It is an investment alternative that allows you to participate in a diversified portfolio of income-generating commercial assets through Participation Units traded on the Colombian Stock Exchange and holding the highest rating awarded by Standard & Poor’s S&P Global.
What is Pei Asset Management’s role at Pei?
For 19 years, Pei Asset Management has been Pei’s Real Estate Manager, responsible for managing the vehicle’s asset portfolio, as well as assessing investment opportunities.
What does PEIS mean?
It is the abbreviation for Patrimonio Estrategias Inmobiliarias. These are the Participation Certificates of the Pei Portfolio, which are traded on the Colombian Stock Exchange under the ticker symbol Pei.
I want to invest—what should I do?
To find out more about Pei’s real estate investment alternative, please write to ir@pei.com.co or find the contacts for the Stock Brokerage Firms through which you can make your investment in Pei’s Participation Units.
What is the minimum investment amount?
The minimum investment amount in Pei is equivalent to one (1) Participating Unit. To learn more about investing in Pei, please contact us at ir@pei.com.co.
What is the process for investing in Pei?
An individual, company or entity interested in investing in Pei must do so by purchasing Participatory Securities (PEIS), which can be acquired through a primary issuance or on the secondary market. For more information, please contact us at ir@pei.com.co.
Is there a minimum investment period?
There is no minimum investment period; however, this is a diversified long-term income-generating portfolio; the investment period allows you to maximize profitability. To learn more about investments in Pei, contact us at ir@pei.com.co.
How many investors does Pei have?
After 19 years of operation, Pei has successfully attracted more than 10,000 capital investors, including mandatory and voluntary pension funds, insurance companies, mutual funds, family offices, and over 8,000 individuals.
What is Pei’s return?
The return on Participatory Securities is variable because the investor participates in the business results at each point in time. As Pei is a long-term investment vehicle, the return varies depending on the holding period, achieving greater potential returns over longer investment periods. The target return for a 10-year period is CPI + 7%. For more information, contact us at ir@pei.com.co.
How often are returns distributed?
The resources generated by Pei’s operations are distributed in their entirety to investors on a quarterly basis on the tenth business day of February, May, August, and November.
Where can I view Pei’s Financial Statements?
To access the company’s Financial Statements, please refer to Periodic Information or visit the website of our Management Agent Corficolombiana and the website of the Legal Representative of Investors Fiducoldex.
What is the use of proceeds when selling an asset?
The funds generated from the sale of portfolio assets may be invested in assets in accordance with Pei’s investment policy, within a period of up to twelve (12) months. Otherwise, the available cash flow must be paid to the vehicle’s investors. For more information, please consult the investment regulations or contact us at ir@pei.com.co.
Is it a good time to invest?
To learn more about Pei’s real estate investment alternative, please write to ir@pei.com.co or contact your preferred stockbroker.
How do I know which investment opportunity is right for me?
To learn more about Pei’s real estate investment alternative, please write to us at ir@pei.com.co or contact your preferred Stockbroker.
How many assets does Pei have? Where are they located?
Pei has more than 150 assets in 32 cities and municipalities in Colombia.
Who makes Pei’s material decisions?
Pei’s material decisions are made by the Advisory Committee, the vehicle’s highest governing body.
What types of assets does Pei invest in?
Pei invests in income-generating commercial assets with high potential for appreciation. The asset categories in which Pei invests are: corporate, retail, logistics and specialised-use.
How is PEI’s Advisory Committee composed?
The Advisory Committee has a mixed composition: independent members, the Legal Representative of the Investors, and members of the Real Estate Manager.
Who are Pei Asset Management’s partners?
Pei Asset Management is a company dedicated to the structuring and management of real estate investment vehicles in Colombia, with over 19 years of experience, and has consolidated with local capital.
What topics are covered in investor assemblies?
In the Ordinary Investor Assembly, PEI’s Financial Statements, the annual management report prepared by the Real Estate Manager, and the annual report prepared by the Management Agent are presented.
How often are investor meetings held?
The Ordinary Investors’ Meeting is held annually in accordance with the Issue and Placement Prospectus of the PEI Participatory Securities Programme, with information as of the close of the previous year.
Can I view previous investor meetings?
Yes. In the investor portal you will find information on previous PEI Ordinary Investor Meetings.
How can I access the investor portal?
To access the investor portal, we recommend using a Chrome browser.
What are your business hours?
Contact us Monday through Friday from 8:00 a.m. to 12:00 p.m. and from 2:00 p.m. to 5:00 p.m. by phone, and continuously via email at ir@pei.com.co.
How can I submit a request, complaint, claim, or commendation?
To address investor requirements, we have established various service channels depending on your request:
- For inquiries regarding business management, indicator performance, financial figures, real estate industry trends, or business expectations and projections: ir@pei.com.co
- For tax-related requirements: inversionistas.pei@fiduciariacorficolombiana.com (Corficolombiana Management Agent)
- For requirements regarding investor experience or opportunities for improvement: representanteinversionistaspei@fiducoldex.com.co (Fiducoldex Legal Representative of Investors)
What is the URL of your website?
To access our website, please visit www.pei.com.co.
I would like to know more about brokerage firms
For more information about the brokerage firms through which you can invest in Pei Participatory Securities, please refer to the following link.