The real estate company PEI (Patrimonio Autónomo de Estrategias Inmobiliarias) began trading on the Colombian Stock Exchange (BVC) and lost -3.19% on its first day on the stock market. Colcap down, a bad symptom in the Colombian Stock Exchange (BVC).
The stock closed at 63,700 and close to $167 million pesos were traded today. Why invest in PEI?
What does PEI do?
The PEI portfolio for the second quarter of 2022 shows that the real estate company has assets of $8.05 billion pesos.
They currently lease an area of 1,148,914 square meters, with 1,803 tenants and 4,694 investors.
They have 42% of their portfolio in Shopping Centers, 33% in corporate buildings, 15% in logistics real estate, 6% in specialized ones such as hotels and 4% in commercial premises.
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For the second quarter of 2022, its revenues grew +28% (151,270 billion) compared to the previous year.
They own properties for Bodytech, Éxito, Plaza Central, Davivienda, Carulla, El Tesoro, Ideo, Único, Nuestro Cartago, Jardín Plaza, among others.
It is the largest institutional owner of shopping centers and corporate offices in the country.
Investors will now be able to invest in the BVC in the real estate sector in this company that operates under the REIT model.
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