Bogotá, April 16, 2021. Pei, the leading real estate investment vehicle in the country, managed by Pei Asset Management, held the first call of the 2021 Pei Annual General Meeting of Investors.
The Assembly, addressed to the vehicle’s 4,637 investors, was held virtually due to the current health emergency. Investors and their representatives responded to the call, together accounting for 76.7% participation of outstanding Securities.
During the Assembly, investors had the opportunity to review, discuss, and approve the 2020 Pei Management Reports from the Real Estate Manager and the Trustee.
Likewise, Pei Asset Management presented investors with the 2021 Pei Strategic Plan, sharing its 7 strategic pillars, made up of elements linked to the vehicle’s Value Proposition and the Enabling Capabilities associated with that strategy.
On this, Jairo Corrales, president of Pei Asset Management, said: “The Assembly is the perfect setting to share this Strategic Plan which, based on its pillars and the strategic initiatives and 2021-2025 objectives set for the vehicle, allows us to reaffirm our commitment to generating value for our investors and tenants.”
Likewise, Pei’s financial statements as of December 31, 2020, presented by Fiduciaria Corficolombiana, were presented and approved.
Regarding the Assembly, Jimena Maya, Investor Relations Manager, said: “We are pleased to have been able to offer investors a positive experience in the second virtual edition of our annual meeting. We also thank investors for their attendance and active participation throughout the discussion of the various agenda items.”
Pei Asset Management, manager of real estate investment vehicles
Pei Asset Management is a company specialized in the structuring and comprehensive management of investment vehicles in Colombia. It has held the highest Portfolio Management Effectiveness rating, G-aaa, awarded by BRC Standard & Poor´s since 2009.
For 14 years, Pei Asset Management has been characterized by its contribution to society’s well-being, democratizing investment opportunities, creating physical spaces that benefit the community, and driving the growth of its partners.
Its expert team works daily to build and maintain long-term relationships with investors, tenants, and other stakeholders.
Pei, the leading real estate investment vehicle in Colombia
Pei Asset Management currently manages the real estate asset portfolio of Pei, the leading real estate investment vehicle in Colombia, valued at COP 6.9 trillion. It comprises 146 properties representing close to 1.05 million m2 of leasable area, located in 30 cities and municipalities across the country.
The diversified portfolio, notable for its variety of asset types, geographic locations, and tenants, includes the following categories: corporate, logistics and industrial, commercial, specialized, and hospitality. Pei offers a solid investment alternative with attractive returns and high liquidity, prioritizing the building of long-term relationships with its more than 4,600 investors and 1,200 tenants.
