Bogotá, April 16 of 2021. Pei, a leading real estate investment vehicle in the country, managed by Pei Asset Management, held the first convening of the Pei Investor Ordinary Meeting (2021).
The meeting, aimed at the 4,637 investors in the vehicle, was held virtually due to the current health emergency. The invitation was attended by investors and their representatives, resulting in a participation rate of 76.7% of outstanding shares.
During the meeting, investors had the opportunity to learn about, discuss, and approve the 2020 management reports from both the property manager and the management agent.
Similarly, Pei Asset Management presented the Pei 2021 Strategic Plan to Investors, which outlined the 7 strategic pillars of the plan, comprising elements related to the fund’s value proposition and the enabling capabilities associated with this strategy.
Regarding this, Jairo Corrales, president of Pei Asset Management, stated: “The assembly is the perfect venue to share this Strategic Plan, which, based on the pillars and determination of strategic initiatives and objectives for the vehicle from 2021-2025, allows us to reaffirm our commitment to generating value for our investors and tenants.”
Furthermore, the financial statements issued by Pei for December 31, 2020, presented by Fiduciaria Corficolombiana, were also submitted and approved.
Regarding the assembly, Jimena Maya, Manager of investor relations, stated: “We are pleased to have been able to offer investors a positive experience at the second virtual version of our annual meeting. We also thank the investors for their attendance and active participation during the discussion of the various agenda items.”
Pei Asset Management, real estate investment vehicle management company
Pei Asset Management is a company specializing in the structuring and comprehensive management of investment vehicles in Colombia. It holds the highest rating for Portfolio Management Efficiency (G-aaa) awarded by BRC Standard & Poor’s 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, leading company in Colombia
Currently, Pei Asset Management manages the real estate portfolio of Pei, a leading real estate investment vehicle in Colombia, valued at approximately $COP 6.9 trillion. This includes approximately 146 properties representing around 1.05 million square meters of leasable area, located in 30 cities and municipalities across the country.
The diversified portfolio, distinguished by its asset types, geographic location, and tenants, includes the following categories: corporate, logistics, industrial, commercial, specialized, and lodging. Pei offers a solid investment alternative with attractive returns, high liquidity, and a priority on building long-term relationships with its over 4,600 investors and 1,200 tenants.