The management and operation of the PEI are framed within a control environment which is composed of different elements distributed among the corporate bodies and companies involved in the management and governance of the PEI, according to the processes and activities under their responsibility. The systems and controls implemented by each of those involved are aimed at identifying, monitoring and managing the risks to which the vehicle may be exposed, in order to implement the necessary controls and mitigants.
Investors General Assembly The Investors’ General Assembly will be integrated by the Investors with the quorum and under the conditions set forth in the Trust’s Equity Securities Issuance and Placement Program Prospectus. Find the rules and regulations for the operation of the assembly and other information of interest here.
The Trust will have an Advisory Committee made up by nine (9) members, which will make the decisions on the Permitted Investments, the Issuance Program, the purchase and sale of Real Estate Assets, and the Trust’s Financial Indebtedness, following the guidelines of the Trust’s Equity Securities Issuance and Placement Program Prospectus. Learn more about its composition and regulations here.
PEI will have its own statutory auditing, exclusive and independent from that of the Management Agent. PEI’s statutory auditor may be the same or other than that of the Management Agent, as determined by the Advisory Committee. All of the Statutory Auditing findings and reports shall be disclosed in the reports submitted to the Investors General Meeting and the notes to the end-of-period financial statements.
Internal Audit: The Real Estate Manager has an internal audit area that periodically audits the company’s processes, including those deployed for the administration of the PEI, to ensure that they comply with the procedures and policies established for each process. The audit includes the supervision of processes involving third parties such as specialized operators and clients of PEI properties. The audit includes the supervision of processes involving third parties such as specialized operators and clients of PEI properties.
Statutory Auditor of the Administrator: Professional or independent firm in charge of issuing an objective opinion on the quality and veracity of Pei AM’s financial information.
Specialized Committees: Specialized Committees: For risk management and decision making, including those related to the services provided by the Real Estate Administrator to the PEI, the Real Estate Administrator has a group of specialized committees by subject that are responsible for monitoring and proposing strategies for the management of issues such as sustainability, business ethics, counterparty risks, crisis management, among others. Learn more about these committees here.
SAGRILAFT: In order to prevent the risk of money laundering, financing of terrorism and financing of the proliferation of weapons of mass destruction, the Real Estate Administrator establishes procedures and controls that govern its relationship with third parties, which are described in the SAGRILAFT Policy and Manual that can be found here In compliance with best practices and legal requirements, the Administrator has a compliance officer in charge of supervising the fulfillment with the controls established therein. It also conducts annual training and awareness-raising activities for its employees on the subject.
–PTEE: The Transparency and Business Ethics Program establishes the standards of behavior expected from the Real Estate Administrator’s employees with regard to the different stakeholders in order to promote impartial, transparent and trustworthy relationships, ensuring the ethics, integrity and quality of the services it provides as a real estate administrator. The PTEE is composed of different policies and manuals that establish the protocols and actions aimed at preventing and managing reputational risks, Money laundering and financing of terrorism, corruption and potential conflicts of interest, which can be found here.
Audit Committee:
Sustainability Committee:
Ethics Committee:
Procurement Committee:
(+601) 744 8999
Contact IR office
Calle 28 #13a – 75, piso 34 -Torre Atrio
Bogotá, Colombia