We hold a 67% stake in Edificio Buró 26 | Pei

mins to read

March 4, 2021

Following an earlier commitment and its addition to the portfolio, Pei completed the property acquisition transaction for this asset.

With an investment of COP $87,250 million pesos, Pei acquires a 67% stake in Tower 1 of this complex, corresponding to 9,795 square meters.

The asset is part of the corporate segment of the diversified portfolio of the country’s leading real estate investment vehicle.

It is an asset with LEED Silver certification.

Bogotá, 2021. Pei, the leading real estate investment vehicle in Colombia, managed by Pei Asset Management, completed the acquisition of 67% of Edificio Buró 26, located in Bogotá.

This came after an earlier acquisition commitment and portfolio addition made a few years ago. The asset currently has a long-term lease agreement (7 years).

The building has a total leasable area of 14,619 m², of which Pei acquired a 67% stake, corresponding to 9,795 m², with an investment of COP $87,250 MM.

Edificio Buró 26 is the first of six towers that are part of the C-26 Business Complex, located on Avenida El Dorado, a strategic area of high importance for the corporate sector, with extensive transportation options, access roads, and proximity to Bogotá’s El Dorado Airport.

It also holds LEED Silver certification, awarded thanks to its sustainable construction, reflected in the highest-quality materials used, the type of lighting, and the plumbing fixtures.

In addition, the property has mixed use: commercial and corporate. The ground floor features a spacious entrance hall and five retail units. Also,

it has 10 floors of offices and two basement levels for user and visitor parking.

On this, Jairo Corrales, president of Pei Asset Management, said: “the completion of this asset’s acquisition process reaffirms our long-term management approach and fulfillment of the manager’s goal of generating value for Pei’s investors, the assets it invests in, and society at large.”

This acquisition reflects Pei’s strategy to continue growing in a diversified way, with high-standard, environmentally friendly properties, in line with its commitment to incorporating relevant environmental, social, and governance (ESG) considerations into the vehicle’s long-term investment management.

EXPLORE MORE CONTENT

We hold a 67% stake in Edificio Buró 26 | Pei

Similar articles

Pei repays $300.000 million in debt after the divestment of Plaza Central.

Pei reports revenues of over COP 220.000 million in the first quarter of 2026 and is making progress on its disinvestment strategy.

Pei held the 2026 Investor General Meeting and presented strategic priorities for the year.

Pei confirms partial divestment of Plaza Central and incorporates Cenco Malls as a strategic partner

Pei reports revenue of approximately $COP 822.000 million in 2025 and announces extraordinary distributable cash flow for investors.

Pei reports revenues exceeding COP 600,000 million in the current year and reaffirms itself as a frequent issuer, following a successful bond issuance.

Pei solidifies its leadership in the Colombian stock market with its fourth inclusion in a stock index: S&P Colombia Select

Pei achieves demand of nearly 300% in its twelfth issuance of equity securities

Pei reports revenue exceeding COP 400,000 million so far this year and confirms issuance of equity securities

Pei’s revenue exceeds COP 205,000 million in the first quarter of the year, with outstanding financial margins

Pei held its 2025 Annual General Meeting of Investors, presenting progress on the vehicle’s strategy

Fiduciaria Corficolombiana changed its corporate name to AVAL Fiduciaria S.A.

Plaza Central becomes the first shopping center in Colombia to earn LEED Platinum O+M certification

CityU, the first university residence in Colombia with sustainable certification

So far this year, Pei has recorded revenue of more than COP 560,000 million, a 10.4% increase over the prior year

New offices for Seguros del Estado at Amadeus, a Pei asset

Pei climbs to ninth position in the BVC’s MSCI COLCAP Index

Pei recorded revenue of more than COP 185,000 million for the second quarter of the year, an increase of close to 11% compared to the prior year

Shopping center founded in Cali honored as one of the best in Latin America

The Cali-born shopping center nominated for an international award

Pei to carry out its first asset redevelopment on one of Bogotá’s best corners

Pei, the second most-traded security on the BVC in May

Pei joins the MSCI COLCAP index

Pei started the year with revenue of more than COP 191,000 million, 13% higher than the same quarter last year

BRC Ratings S&P Global affirms Pei’s long-term and short-term debt ratings

Pei presents its 2023 results and 2024 strategies at its Annual General Meeting of Investors

Pei, the top-performing security on the BVC in 2023

Pei closed 2023 with COP 703,580 million in revenue

Pei announces payment of Distributable Cash Flow for Q3 2023

Pei’s revenue reached $511,311 million in September, after rising 15%

Pei recorded revenue of COP 511,311 million in the third quarter of the year

PEI Security has appreciated 66% so far this year

Pei adds a majority stake in Rivana Business Park in Medellín to its portfolio

With COP 120,000 million, Pei acquires 60% of Sofitel Barú Calablanca and enters the hotel market

Pei’s shopping center portfolio continues to grow with the expansion of Jardín Plaza mall in Cali

Third Quarter Results 2021 – Pei

Pei acquires new Sanitas medical center in Bogotá

Pei and Hada International, committed to the economic reactivation of Atlántico

Pei acquires the Sanitas Versalles medical center in Cali

Pei acquires an additional 1.03% stake in Edificio C26

Pei acquires an additional 1.2% of the lease pool at the Nuestro Montería shopping center

Pei expands its stake in the Nuestro Montería shopping center to 54.5%

Pei to hold a majority stake in the Nuestro Bogotá shopping center

Pei held its Annual General Meeting of TEIS Investors

Pei confirms its support for the expansion of Jardín Plaza Cali shopping center through an Investment Framework Agreement

Pei announces the acquisition of 26% of the retail units in Phase IV of the El Tesoro shopping center in Medellín

Pei acquires a 27.9% stake in Strategik Parque Empresarial on the Ibagué-Espinal highway

We hold a 67% stake in Edificio Buró 26 | Pei

Pei will deliver returns 4.5 times higher than the prior period

Fourth Quarter Results 2020

Pei’s assets obtain ICONTEC’s ‘Biosafety Operations Certification’

Get the Biosafety Operations Certification | Pei

Distributable Cash Flow Third Quarter 2020

Pei updates its Credit-Content Securities Issuance and Placement Program

Third Quarter Results 2020

Fiducoldex elected as the Legal Representative for TEIS Investors

Fiducoldex elected as the Legal Representative for TEIS Investors

Pei held its first Annual General Meeting of Investors virtually

Pei held its First Virtual Investors Ordinary Assembly

Distributable Cash Flow First Semester 2020

Pei’s Results – First Semester 2020

Distributable Cash Flow First Half 2020

Pei Asset Management presented its results for the first quarter of 2020 to Pei’s Investors

Pei Asset Management presented first-quarter 2020 results to Pei Investors

Pei Asset Management implements international sustainability standards

Pei completes the acquisition of a 50% stake in Jardín Plaza Cúcuta Shopping Center

Pei Asset Management implements international sustainability standards

Pei completes acquisition of 50% stake in Jardín Plaza Cúcuta shopping center

Pei Asset Management Presented The 2019 Results To Pei’s Investors

Pei Asset Management presented 2019 results to Pei Investors

Pei expands its specialized assets category with an acquisition in the city of Cali

Distributable Cash Flow Second Semester 2019

Pei expands its specialized assets category with an acquisition in the city of Cali

Distributable Cash Flow Second Half 2019

Pei consolidates its 100% ownership of Plaza Central Shopping Center

Pei consolidates 100% ownership of the Plaza Central shopping center

Pei incorporates an iconic building in Bogotá to its portfolio

Pei adds iconic building in Bogotá to its portfolio