- Hades expands its operations in Barranquilla and opens a new distribution center in the Free Zone of La Cayena.
- The warehouse is part of Pei’s logistics portfolio and was completed in an unprecedented three-and-a-half months for this third payment from distributable cash flow to 2021. Pei has delivered a total of COP 161,207 million to its investors during the year.
- Currently, Hada International generates more than 820 direct and indirect jobs, contributing to the development of the Colombian Caribbean region..
- With this new distribution center, it is estimated that Hada’s export capacity will double and reach 4.000 tons per month.
Barranquilla, September 2021. Recently, Pei, a real estate investment vehicle (a Colombian company), and Hada International, a company dedicated to the production and distribution of personal care and household products, inaugurated a new distribution center for storage and distribution of goods in the La Cayena Free Zone, near Barranquilla.
The winery, the result of a custom-designed and turnkey solution, had an investment of COP 3.000 million and has an area of 3.600m². Its construction took a record-breaking three and a half months, considering that projects of this type typically require approximately 6 months, resulting in a time saving of 40%.
With this winery, Pei and Hada International are betting on strengthening the economic recovery in the Atlántico department and the surrounding area of the municipality where it is located, generating more than 820 jobs, both directly and indirectly.
Furthermore, it is expected that the organization’s export capacity will double to reach a total of 4,000 tons per month. Currently, Hada International supplies 20% of the American market with its range of personal hygiene soaps made from 100% vegetable oils.
«From Pei, we reaffirm our commitment to building long-term relationships with our tenants, offering properties designed according to their specific real estate needs. In the case of Hada International, we have supported them in their expansion and growth process for over 4 years,» says Jairo Corrales, President of Pei Asset Management.
In this way, Hada International acquires 14.823 square meters of leased logistics assets from Pei, which currently consists of 37 assets totaling 410.215 square meters.
«Having Pei as a partner in real estate development projects is a significant competitive advantage. We have a long-standing relationship that has allowed us to invest wisely in what is essential for our business model, and thus grow rapidly, profitably, and sustainably,» says Mauricio Trujillo, president of Hada International.
The company plans to continue on its growth path and expects to build 12,000 m2 for its operations by 2023.
Details of the new distribution center
The property features 7 loading docks arranged as follows: 2 for receiving and 5 for distribution, which facilitates the continuous process of goods dispatch, resulting in time savings. In addition, office spaces, meeting rooms and training facilities, a kitchen, cafeteria, dining area, changing rooms, bathrooms, archive, dog room and driver’s room.
The asset offers amenities such as: a forklift battery charging room, a complete fire suppression system, and an electrical substation. In addition, 1,458 m2 of maneuvering yards and parking for tractor-trailers, vehicles, and motorcycles.
Hada International
Hada International is a business group dedicated to the manufacturing of personal care and household products, serving large multinational companies in the industry worldwide.
Pei Asset Management, real estate investment fund manager
Pei Asset Management is a company specializing in the structuring and comprehensive management of investment vehicles in Colombia. It has the highest rating for portfolio management efficiency, G-aaa, awarded by BRC Standard & Poor’s S&P Global since 2009.
For the past 14 years, Pei Asset Management has been characterized by contributing to the well-being of society through the democratization of investment opportunities, creating physical spaces that benefit the community, and supporting the growth of its partners.
Their expert team works daily to build and maintain long-term relationships with investors, tenants, and other stakeholders.
Pei, real estate investment vehicle, leader of the Colombians
Currently, Pei Asset Management manages the real estate portfolio of Pei, a leading Colombian real estate investment vehicle, valued at approximately $COP 7.37 trillion; the portfolio consolidates approximately 148 properties representing nearly 1.09 million square meters of leasable area, located in 30 cities and municipalities throughout the country.
The diversified vehicle, characterized by its types of assets, geographic location, and tenants, includes the following categories: corporate, logistics, and industrial; commercial; specialized; and accommodation.
Pei provides a reliable investment option with appealing returns, high liquidity, and a focus on establishing long-term relationships with its more than 4,600 investors and 1,500 tenants.