First Property Investment Fund in Peru closes the first stage of share allotment
Lima, June 6, 2016. SURA, part of SURA Asset Management under Grupo SURA, announced that their Property Investment Fund (FIRBI SURA Asset Management) reached USD 5,655,000 in managed assets. This product was launched onto the market in April, to respond to SURA Asset Management's objectives, as a new investment strategy supported on the acquisition of properties to generate biannual income for the investors, thus diversifying their investment portfolios. This property investment fund, unique in Peru and endorsed by SURA at a regional level, offers a professional administration and management, liquidity and diversification, and periodic income generation supported on the acquisition of properties, mainly Prime corporate offices with current lease agreements located in the districts of San Isidro (financial and business center) and Miraflores. This investment instrument has a low correlation with traditional assets, which translates into diversification for investors. Furthermore, this fund has a property value appreciation potential over time, thus generating an additional return to the regular lease income. SURA PERU SURA Peru assists over 2 million clients and manages assets of over USD 16,000 MM. It has a complete security and savings platform through its 4 companies in Peru: AFP Integra, Top AFP in Peru; Seguros SURA, Fondos SURA, Sociedad Agente de Bolsa SURA and Hipotecaria SURA. SURA Asset Management SURA Asset Management is a Latin American company with operations in the areas of Pensions, Savings and Investments in Mexico, Peru, Chile, Colombia, Uruguay, and El Salvador. It is a subsidiary of Grupo SURA, in addition to four minority shareholders: the International Finance Corporation (IFC), member of the World Bank Group; Grupo Bolívar; Bancolombia and Grupo Wiese. As of December 2015, it has a total of USD 103.1 trillion in assets under management, owned by 17.3 million clients. * Clients and AUM include AFP Protección in Colombia and AFP Crecer in El Salvador, even though they are not controlled companies, SURA AM has a significant shareholding. GRUPO SURA Grupo de Inversiones Suramericana—Grupo SURA, parent company of Grupo Empresarial SURA, is a Latin American company listed on Colombia Stock Exchange (BVC) that has established a Level 1 ADR program in the United States. It is also the only Latin American company from the Diverse Financial Center sector that is part of the Dow Jones Sustainability Index, which recognizes companies with best worldwide economic, environmental and social practices. Grupo SURA has two types of investments: the strategic investments, focused on financial services, insurance, pensions, savings and investments; and the industrial investment, which are mainly present in the sectors of processed food, cement and energy.