- Hada strengthens its presence in Barranquilla and opens a new distribution center in the La Cayena Free Trade Zone.
- The warehouse is part of Pei’s logistics asset portfolio and was fitted out in a record three and a half months; with this third Distributable Cash Flow payment in 2021, Pei has delivered a total of COP 161,207 MM so far this year to its investors.
- Hada International currently generates more than 820 direct and indirect jobs, contributing to the development of the Colombian Caribbean Region.
- With this new distribution center, Hada’s export capacity is expected to double, reaching 4,000 tons per month.
Barranquilla, September 2021. Pei, the real estate investment vehicle for Colombians, and Hada International, a company dedicated to producing and distributing personal care and household products, recently opened a new distribution center for the storage and distribution of goods in the La Cayena Free Trade Zone, near Barranquilla.
The warehouse, delivered turnkey following a custom fit-out, involved an investment of COP 3,000 million and has a usable area of 3,600 m². Its fit-out took a record three and a half months, considering that projects of this type typically require approximately 6 months — a 40% time savings.
With this warehouse, Pei and Hada International are committed to strengthening the economic reactivation of the Atlántico department and the surrounding area of the municipality where it is located, generating more than 820 direct and indirect jobs.
In addition, the organization’s export capacity is expected to double, reaching a total of 4,000 tons per month. Hada International currently supplies 20% of the American market with its portfolio of personal-care soaps made from 100% vegetable oils.
“At Pei, we reaffirm our interest in building long-term relationships with our tenants, offering assets designed according to their real estate needs. In the case of Hada International, we have supported their expansion and growth process for more than 4 years,” said Jairo Corrales, President of Pei Asset Management.
As a result, Hada International now leases 14,823 m2 across Pei’s logistics assets, a category that currently comprises 37 assets totaling 410,215 square meters.
“Having Pei as a partner for real estate development is truly a competitive advantage. We have had a relationship spanning several years, which has allowed us to invest wisely in what is essential to our business model and, in doing so, grow quickly, profitably, and sustainably,” said 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 has 7 loading docks, distributed as follows: 2 for receiving and 5 for distribution, facilitating continuous dispatch of goods and generating time savings. It also includes administrative office space, meeting and training rooms, a kitchen, cafeteria, dining area, changing rooms, restrooms, filing room, canine unit room, and drivers’ 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 manufacturing personal care and household products, serving major multinational companies in the sector globally.
Pei Asset Management, manager of real estate investment vehicles
Pei Asset Management is a company specialized in the structuring and comprehensive management of real estate investment vehicles in Colombia. It has held the highest Portfolio Management Effectiveness rating, G-aaa, awarded by BRC Standard & Poor´s S&P Global 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 for Colombians
Pei Asset Management currently manages the real estate asset portfolio of Pei, the leading real estate investment vehicle for Colombians, valued at COP 7.37 trillion; the portfolio comprises 148 properties representing close to 1.09 million m2 of leasable area, located in 30 cities and municipalities across the country.
The diversified vehicle, 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 1,500 tenants.