portfolio - Conconcreto
Transcription
portfolio - Conconcreto
2012 ANNUAL REPORT PORTFOLIO WE BUILD COUNTRY AND REGION WITH RESPONSIBILITY COP$742.236 MILLIONS MARKET VALUE OF REAL ESTATE FUND Participation Constructora Conconcreto: $625.742 MORE THAN COP$500.000 MILLIONS INVESTMENT IN THE LAST THREE YEARS OF REAL ESTATE FUND 231.507m 2 GROSS LEASABLE AREA OF THE PROPERTY FUND Participation Constructora Conconcreto: 200.761 m2 OCCUPATION OF REAL ESTATE FUND ASSETS OVER 95% Our company CONSTRUCTORA CONCONCRETO IS A COLOMBIAN COMPANY WITH OVER 50 YEARS’ EXPERIENCE in the construction sector. It is a leader in the development of the most important infrastructure and construction projects of the country. It has been rendering its services in Central America and in the Andean Region for many years. It has a long-term rent portfolio in concession businesses, shopping malls, distribution centers and rented mini storage units, besides investments in related companies whose focal point is the development of innovative construction processes and the use of metallic structures, prefabricated concrete structures and expanded polystyrene structures allowing the Company to be time and cost efficient. Through alliances with leading companies of the world, of the country and of the region, Conconcreto develops highly specialized solutions for strategic projects. These comprehensive solutions include their conception, design, as well as their execution, operation, maintenance, management, promotion and sale. They are all made possible thanks to the business model of the Company. All this work is based on a clear strategy that has been in operation in a coherent manner, as well as to the respect for the operating principles that have been defined throughout its history in the market. 2012 Annual Report // PRESENCE Co st aR Ve ne zu bi a Co lo m ic a Pa n am a el a We are in Panama since 1995 through Conconcreto Internacional. We also build in: n ca ic i in l m pub o D Re al a m ate Gu or d ua Ec Peru 16 km BRIDGES 119,293 m2 HOTELS 123 km TUNNELS 652 km ROADS Construction represents 83% of the income and 55% of the Ebitda Constructora Conconcreto participates actively in the great infrastructure projects developed in the country, such as the Ruta del Sol, Corredores de la Competitividad and the Ituango Hydroelectric Plant. It also offers construction solutions of different types: institutional, commercial, housing and service-related, both for the public and for the private sectors. Thanks to five decades of experience, to an innovative team and to the integration of the companies offering complementary high-value industrial solutions, Conconcreto is acknowledged thanks to the fulfillment of its work vis à vis its clients, as well as regarding its efficiency in the management of time and resources. 3,499,571 m 2 HOUSING 1,194,700 m2 WAREHOUSES AND DISTRIBUTION CENTERS 448,687 m2 OFFICES 880,975 m2 INSTITUTIONAL BUILDINS 994,052 m2 STORES AND SHOPPING MALLS Construction PORTFOLIO 5 2012 Annual Report // HANDED OVER WORKS Infrastructure access roads 5,500 m MANSO PROJECT This is the construction and startup of the Manso Project, located in the Department of Caldas, near the municipalities of Samacá and Norcasia, on the eastern slope of the Central mountain range. Its purpose is to transfer –through a tunnel– part of the water of the Manso River up to the Amaní reservoir of the Central Hidroeléctrica MielI. For its start-up, it was necessary to build 5,500 meters of access roads (new), a hydraulic concrete dam on the Manso River, with an approximate height of 6.5 meters and a length of 35 meters; a collection structure and the management of the ecological flow, a transfer tunnel (length: 4 kilometers - diameter: 3.9 meters), as well as the discharge structure and access roads to the project with an approximate length of 11 meters. extension 5.6 km AGUABLANCA METROCALI MAIN AXIS ROUTE This is the construction of exclusive routes for the MÍO, Integrated Massive Transportation System of Cali that, with a length of 5.6 kilometers, connects the center of the municipality with the center of the Aguablanca district, one of the most marginal areas of the city, thus becoming an important integration alternative. It has two single-bus lanes (one in each direction), two mixed-traffic lanes (one per direction in the first stage), and four mixed traffic lanes (two in each direction for the second stage), plus eight stations and over 89,000 square meters of remodeled public space, with a bike path and public furniture. PORTFOLIO / CONSTRUCTION Infrastructure length 580 m 108 m It has the main light width 40.5 m GILBERTO ECHEVERRI MEJÍA CROSSROADS This is a bridge over the Medellín River. To the eastern side, it is near the EAFIT University; to the western side, it is near the old Haceb plant. It is the largest inner urban bridge of the country: its length is 450 meters and its width is 40.5 meters. It has eight lanes; one of them is solely for pedestrians and for cyclists. This bridge, known as the ‘Puente de la 4 sur’, integrates the southeastern area (El Poblado) and the southwestern area (Guayabal) of Medellín. It is of great help for traffic purposes in an area known for its traffic jams. 7 2012 Annual Report // HANDED OVER WORKS 2 new stations for the A line 2,38 km of built roads LINE ‘A’ EXTENSION OF THE MEDELLÍN METRO As the construction company of the new Sabaneta and La Estrella stations of the Medellín Metro, Conconcreto constributes to the quality of life of the inhabitants and of the people who work in Itagüí, Sabaneta, La Estrella and Caldas, among other municipalities of the neighboring southeastern area. PORTFOLIO / CONSTRUCTION Infrastructure 22 million tons per year PUERTO NUEVO PORT COMPANY This public-service port for coal export operates with a direct loading system at Ciénaga, Magdalena; it belongs to one of the economic sectors Conconcreto has explored in recent years. It has an export capacity of, approximately, 22 million tons per year. The destinations of the coal are North America, Europe and Asia. The project included the design of a concrete structure and foundations for the equipment, as well as the construction of facilities to house them. It also included the design and construction of offices and cafeterias, as well as civil works (support and urbanism). 9 2012 Annual Report // ONGOING WORKS CUSIANA HIGHWAY TRANSVERSE CORRIDOR This includes the construction of 15 bridges with different construction systems for a total of 2,100 meters. This project is part of the competitiveness highway corridors promoted by the national government; it includes the stabilization and recovery of 13 kilometers of the road. This is very important for the area of the eastern plains and of the flatlands of Cundinamarca and Boyacá since this corridor allows the transportation of a lot of machinery for the oil industry, as well as agricultural and cattlerelated products. Conconcreto must conduct all the studies and carry out the design, as well as the social, land, environmental and improvement management of the project. 15 bridges Installed power 55 MW 40.7 km Improvement and construction LAS PALMERAS HIGHWAY CORRIDOR CUCUANA HYDROELECTRIC PLANT This project is under the responsibility of the Hidrocucuana consortium including Conconcreto S.A and EstymaS.A. Its aim is the execution of the civil works for the construction of the Cucuana hydroelectric plant in Roncesvalles, Tolima. It has 55MW installed power, three tunnels (length:4,470 meters), two collection sites, a metallic siphon, concrete for the union between the second and the third tunnel, an engine room, and a discharge channel. The program for Complementary and Competitiveness Highway Corridors from Invías is aimed at consolidating an articulate and efficient transportation network that, with adequate service and capacity levels, facilitates the transportation of passengers, the connection of the production centers with consumption centers, as well as with the highway corridors for foreign trade, thus contributing to the achievement of higher competitiveness and productivity in the country. This particular corridor is being developed by the CC - MP - HV Palmeras consortium, including Conconcreto, Constructora MP and Horacio Vega. They are in charge of the studies and designs, the social, land, environmental and improvement management of the Las Palmeras Highway Corridor. The corridor includes the improvement and construction of 40.7 kilometers of the road between Fuente de Oro and San José del Guaviare. 18 kilometers have a flexible structure and 16 kilometers using rigid pavement, plus a 30-meter-long bridge and the reinforcement of an existing bridge. PORTFOLIO / CONSTRUCTION Infrastructure Length 360 m Total area of the complex 350 hectares BRISA PORT This work is carried out by the Soe joint venture. Its partners, besides Conconcreto, are Soletanche Bachy Cimas, Soletanche Bachy, and Dredging International. Together, they aim at one of the driving forces of the National Government. It includes the construction of the access channel and the swing basin, the structural design, the engineering for details as well as the construction of the viaduct, the platform and the dock for the Puerto Brisa project. It is designed for the loading of oil and coal. It will have a dock with a length of 360 meters by a width of 16 meters. The Brisa Port is part of the Free Trade Zone, under the same name, an industrial complex of over 350 hectares in the municipality of Dibulla a hub for development in the department of Guajira. 11 2012 Annual Report // ONGOING WORKS Hidroituango Capacity 2,400 MW Height of the dam 225 m PORTFOLIO / CONSTRUCTION Infrastructure 20,000,000 m3 construction of rockfilled structures for the dam Render. Cortesía EPM. CONSTRUCTION OF THE CENTRAL DAM AND RELATED WORKS OF THE ITUANGO HYDROELECTRIC PROJECT 46,400 m3 excavation and cavern support The Ituango hydroelectric plant is the largest project for hydroelectric generation in the country and one of the most important in South America. Conconcreto feels very proud about it. The project is executedthrough the CCC Consortium including the Brazilian company Construções e Comercio Camargo Corrêa S.A., 55% proprietary interest, Constructora Conconcreto S.A., 35 %, and Coninsa Ramon H. S.A. with 10 %. The consortium has already been an EPM contractor for the construction of Porce III, the largest hydroelectric plant recently built in Colombia. The project is located in the northwestern area of Antioquia, about 170 kilometers from Medellín. Hidroituangois located on land from the municipalities of Ituango, Briceño, Santa Fe de Antioquia, Buriticá, Peque, Liborina, Sabanalarga, Toledo, Olaya, San Andrés de Cuerquia, Valdivia, and Yarumal. It includes a rock-filled type dam with a 225high waterproof nucleus. It will have a 2,400 MW installed capacity. 13 2012 Annual Report // ONGOING WORKS Ruta del Sol 50 double bridges 78.3 km PORTFOLIO / CONSTRUCTION Infrastructure RUTA DEL SOL SECTOR 1: VILLETA - GUADUERO - EL KORÁN Once finished, the Ruta del Sol will be a road with a length of over 1,000 kilometers that will connect Bogotá and large urban areas of the inner region of the country and of the Caribbean coast. This is a key project for the promotion of national competitiveness in this sector and to improve the transportation and road situation for passengers and goods. Currently, Conconcreto takes part in the construction of sector 1 of this project, with over 78 kilometers of divided highway, with design speeds of 80 and 90 kph, including also the detour to Guaduas (3.3 kilometers), the paving of the road between Dindaland Caparrapí (16.5 kilometers), the construction of over 6 kilometers in tunnels, 50 double bridges in different construction systems and the open excavation of, approximately, 22 million cubic meters. 15 2012 Annual Report // ONGOING WORKS LOADING AND TRANSPORTATION OF MATERIALS – CERROMATOSO 350 tons per hour After the extension of the old plant, which enabled an increase in the production of ferronickel up to 350 tons per hour, Conconcreto was awarded the agreement for the rendering of services of loading and transportation of the material of the mining company. This is a great contribution of the company for the only nickel mine of the country which has been in operation for over three decades in Montelíbano, Córdoba. Reservoir 900,000 m3 BONYIC HYDROELECTRIC PROJECT Capacity 50,000 tons PLANTA MOLIENDA CLINKER Another important project of Conconcreto, derived from its internationalization process, particularly for the first industrial project in the Dominican Republic, where the first travelling forms were made abroad, as well as the first large-diameter travelling-form silo (40 meters - height: 29 meters), with a storage capacity of 50,000 tons. It includes the construction of a plant for cement production (70 tons per hour). The first stage includes a Clinker silo, a tunnel system for the transportation and extraction of materials, conveyor belts, additive-dispenser hoppers, a vertical mill, filters, cement silos, cement packing, additive facilities, a natural gas pump station, a compressor room, a cooling lagoon, a wastewater treatment plant, weighing scales and electricity substations. With the purpose of providing the region and the country with a clean and renewable source of energy, Hidroecológica de Teribe S. A. promotes the Bonyic Hydroelectric Project, located in the northwestern region of the Republic of Panama, at the Bocas del Toro province, district of Changuinola, in an area where the topography and the high rainfall level make the production of electricity possible thanks to the natural, clean and renewable resources. Bonyicis part of the expansion plan of the Panamanian electric system. It is part of the project portfolio for the clean development of the country. It will help the country to diminish its dependence on imported oil and other fossil fuels that are highly contaminating. It has a dam with a height of 30 meters and a length of 166 meters (crest) and a reservoir of 900,000 cubic feet. It is expected to generate an annual average of 125 GWH of firm energy. Bonyic has tested Conconcreto’s management skills under complex situations with challenges as the participation of members of the nasoteribe indigenous community who have contributed with their labor. PORTFOLIO / CONSTRUCTION HANDED OVER WORKS 122 commercial spaces Construction GRAN PLAZA SAN ANTONIO SHOPPING MALL This was the first shopping mall of the Gran Plaza brand in the country, and the first large one in the city. The complex arrived in Pitalito with 122 commercial spaces, including an Éxito store (anchor store), plus commercial spaces for food, four movie theaters, an amusement area, area for cafés, parking on the ground level and urban works, for a total Built-up area of 29,983 square meters. The construction periods were optimized thanks to the contribution of our subsidiary company, Sistemas Constructivos Avanzados - Durapanel. Built-up area GRAN PLAZA ALCARAVÁN SHOPPING MALL The Gran Plaza brand keeps reaching milestones, on this occasion due to its arrival at Yopal: the first large shopping mall of the city.The complex includes 149 commercial spaces. The anchor store is an Éxito store; besides, there are commercial spaces for food, an amusement area, parking areas (ground level and basement), as well as urban works for a total Built-up area of 29,865 square meters. 29.865 m2 17 2012 Annual Report // HANDED OVER WORKS Area for rent 4,420 m2 Built-up area 8,192 m2 625 mini storage units MERIDIANO MINI STORAGE UNITS The resources were greatly optimized in this project through the implementation of innovative construction systems in the country as the mixed structure; in other words, a metallic structure and a concrete structure (with the participation of the company Impac, the use of Eifs walls systems on the facade, which results in a cleaner, faster and more efficient construction project. This project was executed in Bogotá, on a plot of land (9,210 square meters) and the area built is 8,191.76 square meters. This Built-up area corresponds to five floors and an underground parking area. The offices, the services for the administration of U-Storage and commercial spaces are located on the first floor. The use of the building is the rental of mini storage units with an area of 4,419.48 square meters for rent, from the first to the fifth level. PORTFOLIO / CONSTRUCTION Construction Plot of land 1,057 m2 CARULLA PONTEVEDRA MEGACENTER MINI STORAGE UNITS The short construction period was fulfilled without difficulties. This was the major challenge of the project. The store was built on a plot of land with an area of 1,057 square meters. The parking area, the service area, the cellars, the cold food rack and the substation are on the first floor. The store and the offices are on the second floor. The project is located near Ciudad del Río, which is currently one of the mixed-development most important areas of Medellín. It includes a seven-story building (6,865 square meters built) for U-Storage (offices, customer area and 436 mini storage units). It has a combined structure (concrete and metal) by taking advantage of the vertical integration of the company since Agregados y Prefabricados del Norte acted as supplier, besides the contribution of Sistemas Constructivos Avanzados – Durapanel with room dividers. There are external parking areas (for light vehicles) as well as circulation areas for pedestrians and vehicles. 436 mini storage units 19 2012 Annual Report // OBRAS HANDED EN OVER EJECUCIÓN WORKS Council of Medellín Children’s Hospital 7 floors plus an underground level 2 110 beds operating rooms PORTFOLIO / CONSTRUCTION Construction COUNCIL OF MEDELLÍN CHILDREN’S HOSPITAL It is located at the Campo Valdés neighborhood. It is a public project of great importance since it is exclusively aimed at the attention of low-income children. The building has an underground floor and seven floors for the rendering of health services (second and third level) with 110 beds. It is located in an area that lacks health coverage. Besides abiding by all the required regulations for any health center, the building has a colorful facade which makes it visible within the urban landscape of the city. 21 2012 Annual Report // HANDED OVER WORKS 85,000 m2 area built in 10 months MULTIPLAZA PACIFIC SHOPPING MALL - THIRD STAGE Construction of the foundations, structure and finishing, besides the connecting works with the shopping mall operating in Panama. The major challenge was to build and complete 85,000 square meters in ten months. This new stage has 120 new shops along with the already existing 280 stores. This is one of the greatest commercial concentrations of the city. This is a project from the Grupo Roble, a leader in the Central American region for the development of real estate projects with over one million square meters built in shopping malls. Built-up area 7,191 m2 THE FLAMINGO STORE - IBAGUÉ As the retail sector keeps growing in Colombia, Conconcreto makes its own contribution by participating in the process for the arrival of the great Colombian brands at intermediate cities like Ibagué. In this case the project is the construction of a store (approximately 7,191 square meters) including an underground level, a warehouse and technical areas, two commercial levels and an area for the employees (changing rooms, cafeteria and bathrooms). In addition, the project includes four commercial spaces in the area adjacent to carrera Third of the city. PORTFOLIO / CONSTRUCTION Construction ONGOING WORKS GRAN PLAZA FLORENCIA Built-up area 32,000 m2 The brand of Conconcreto’s shopping malls keeps growing to the south of the country. Now it is Florencia, Caquetá, with a project (32,000 square meters) with the use of a vaulted structure for the facade. Due to its location, the excavation of the foundations was a great challenge as well as the logistics process, from the production of concrete to the supply of any type of material. The dividing devices are the responsibility of the subsidiary company Sistemas Constructivos Avanzados - Durapanel. Built-up area 59,500 m2 GRAN PLAZA DEL SOL This project is located in Soledad, Atlántico. It has a vaulted construction system with prefabricated slabs and panels. Since this was the first own shopping mall, in which the prefabricated-slab system was used, it was a great challenge concerning the assembly and learning about the system, particularly in logistics-related terms. Luckily, two of the suppliers of the project were the companies Agregados y Prefabricados del Norte and Sistemas Constructivos Avanzados - Durapanel; both belong to the Conconcreto corporate group. VIVA SINCELEJO SHOPPING MALL The project, jointly developed with Éxito, includes the expansion of the current San Francisco mall with three additional buildings and with the addition or a parking surface. The main challenge is to coordinate the logistics operation so the construction does not interfere with the ongoing operation of the shopping mall. 23 2012 Annual Report // ONGOING WORKS Hotel area 11.225 m2 HOTEL MOVICH It has a sustainable construction design devised in order to increase efficiency and to reduce the environmental impact through the moderate use of construction materials and the reduction of energy consumption. The hotel has 248 rooms. This Movichhotel belongs to the Buró 26 complex located in the western area of Bogotá on Avenue 26th. This is a very dynamic, commercial and entrepreneurial area of the city, close to the Eldorado airport and to the ‘Puente Aéreo’ of the Colombian capital city. The total area built is 31,216 square meters: 11,225 correspond to the hotel, 9,400 to offices and the remaining area to other uses. BURÓ 26 The architectural project includes the construction of two buildings, one for offices and the other for a Movich hotel with 248 rooms, plus commercial spaces with areas ranging between 85 and 110 square meters. The buildings have two underground floors and six additional floors, along with a platform and a central area. The construction is located in the capital city of Colombia, not far from the Eldorado airport and from the ‘Puente Aéreo,’ one of the highly developed and important areas of the city. It has a Built-up area of 31,216 square meters: 9,400 correspond to the offices, 11,225 to the hotel, and the remaining area corresponding to the parking area and to other uses. PORTFOLIO / CONSTRUCTION Construction BURÓ 24 Built-up area 17.551 m2 In this project, located in Bogotá, the mixed structure was implemented by using concrete and a metallic structure, an ideal system for land with low bearing capacity. There is great stress on optimizing time for the construction of this five-story building. The first three shall be used as the premises for the call center of the company Allus; the last two will have areas for rent(offices). Likewise, the building will have an underground floor and external parking areas for light-weight vehicles, as well as area for the circulation of pedestrians. The construction area is 17,551 square meters. 102 rooms Built-up area approximately 70.000 m2 HOTEL NEIVA ACQUA POWER CENTER This is a business hotel close to the San Pedro shopping mall. It has a four-story building, an underground floor for technical rooms, three floors for the hotel with 102 rooms; the first floor corresponds to the common area, commercial spaces and urban works. With projects like this, major entrepreneurs that were not yet into working at intermediate cities find a great alternative with Conconcreto and GHL with whom we shared an experience in Valledupar. This is a project that will bring great dynamism to the economy of Ibagué through and avant-garde architectural design that is environmentally friendly. Acqua Power Center includes a shopping mall (40,000 square meters), a twelve-story building and a building for a hotel with 112 rooms. This project has, approximately, 70,000 built square meters. 25 2012 Annual Report // ONGOING WORKS PARKING BUILDING - UNIVERSIDAD PONTIFICIA BOLIVARIANA Built-up area 26,490 m2 This project is the construction of a three-level parking building with an area of 26,490 square meters, as well as all the required networks for its operation. With this building, the Universidad Pontificia Bolivariana in Medellín will have 960 additional parking spaces at the current university campus. This is another project that has benefited from the vertical integration at Conconcreto which, on this occasion, had the company Agregados del Norte as a supplier. 2,500 m2 Built-up area 37,540 m 2 per warehouse CENTRO LOGÍSTICO BODEGASSAN FRANCISCO (WAREHOUSES) SCHLUMBERGER PLANT The Bogotá Schlumberger project –a multinational company that renders support services for well exploration and exploitationis located at the Potrero Chico de Cota industrial complex. The project’s aim is the construction, through the proprietary interest delegated administration, of ten buildings with a total of 37,540 square meters built. The foundations of the buildings are foreseen with reinforced concrete foundation blocks and footings; the superstructure will be designed in reinforced concrete for the lab and for the administration buildings, as well as for the gym; the metallic structure will be used for the processing warehouses. Conconcreto brings to Bogotá, Colombia, BSF Bodegas San Francisco, a Chilean brand which is a leader offering solutions to infrastructure needs related to logistics and storage at very competitive costs and with areas adjusted to the needs of different businesses. The service offered is the rental of independent storage modules from 2,500 square meters on. Each BSF center operates as a “warehouse center” rendering administration services as well as a wide variety of services related to storage activities. The business starts with the purchase of strategically located large areas of land for the distribution of products to the cities. The construction is being kept gradual as the demand of the market increases. PORTFOLIO / CONSTRUCTION Construction Built-up area approximately 16.260 m2 P.H. URBIS TOWER This is the construction of an apartment building in Panama with an approximate area of 16,260 square meters, two commercial spaces and the lobby on the ground floor, technical rooms, a water tank, three parking levels and storage units, 14 levels for apartments (eight units per level) and a social area of 300 square meters with a swimming pool. Through the implementation of the Studor valve-based ventilation system it was possible to diminish, in a noticeable manner, the price by cutting 9.6% of the cost. Built-up area 7,683 m2 HOWARD JOHNSON HOTEL - PANAMA Conconcreto builds major construction projects for clients of the hotel industry, as the Panama Howard Johnson. This fifteen-story building for rooms, parking areas, a gym, offices and conference rooms is built on a 958-square-meter plot of land. The scope of the agreement includes the structure, the masonry, the plastering, internal and external painting, floor and tile installation, electricity, fire network and plumbing. 27 2012 Annual Report // ONGOING WORKS HOUSING We build and promote housing solutions built with the necessary commitment and passion in order to make the drams of thousands of families of the country come true and to improve their quality of life. We have 15 ongoing housing projects in Bogotá, Barranquilla and Panama with the best of qualities and support. EL POBLADO These are apartments in Bogotá with spacious designs and excellent finishing techniques. The project includes 480 apartments (70 and 80 square meters), distributed in thirteen-story buildings in five totally independent stages and a clubhouse. Its excellent location is highlighted: there is easy access to the massive transportation system (Transmilenio), it is close to the Unicentro and Portal de la 80 shopping malls, and to large stores such as Éxito and Easy. ALBORÁN It is located in a highly consolidated residential area of Bogota that has plenty of services and advantages. Alborán includes 120 apartments in two fifteen-story buildings with four apartments per floor. The structure uses walls and concrete plates (industrialized system); it also has a parking platform with an underground level and a community room with a terrace. The Built-up area is 12,871 square meters. PORTFOLIO / CONSTRUCTION Construction ENTREPARQUES This is the construction of six apartment buildings in Medellín (from ten to eleven floors, and from two to four underground levels each) for 280 apartments (64.87 and 97 square meters).The Project will have a swimming pools area, community rooms, a wet zone, a gym and a sports field. The construction of 395 ml self-drilling injection micro pilesfor the foundations of buildings 1 and 3 due to the impossibility of the manual excavation of two piers, to allow the excavation works, through the use of piers as retaining walls. The inner divisions of the apartments were hired with the company Sistemas Constructivos Avanzados Durapanel, a subsidiary company of the Conconcreto group. ALMENARA Located at a privileged place, next to the future extension of the Transversal Suba avenue and close to the Fontanar Metropolitan Park, in Bogotá, this project includes 528 housing units distributed in 11 twelve-story buildings, a parking building, a gatehouse, a community room and green areas inside the property. There are 34,676.71 built-up square meters. It is important to highlight, within the process, the change of specifications of the inner blocks (common brick) to verticallyperforated brick (smooth surface). 29 2012 Annual Report // ONGOING WORKS PRESTIGE This is the construction of a housing Project in the Buenavista area of Barranquilla. It includes two fourteen-story apartment buildings. LIVING It includes the construction of a housing Project in the Buenavista area, one of the highly developed areas of Barranquilla in the last years. It has three apartment buildings (14-story each) with two apartments per floor. There is a subtotal of 28 apartments per building and a total of 84 apartments in the project. The areas of the units are 156 and 144 square meters. PORTFOLIO / CONSTRUCTION Construction TULIPANES This Project (3rd socio economic stratum) in Bello, Antioquia, is built on a plot of land of, approximately 8,565 square meters. It includes a three-stage enclosed area. Each stage has two 15-story buildings and four apartments per floor, for a total of 360 units. It has parking areas (175 parking spaces for cars and 36 for motorcycles), sports facilities, a commercial space, an administrative office, an amusement area (BBQ, a swimming pool, a tricycle track, playgrounds, a community room and a gym. The most important challenge for the project was to reach the cast procedure for an apartment per day. Besides, this project also had the company Sistemas Constructivos Avanzados–Durapanel as a supplier. FINITO This is the construction of a housing Project in the El Poblado area of Medellín. It has three 21-story buildings (four apartments per floor) and five parking levels. The total number of apartments is 84 per building and 253 units (86, 96 and 105 square meters) that will use the Durapanel system from the company Sistemas Constructivos Avanzados – Durapanel that belongs to the Conconcreto Group. 31 2012 Annual Report // Related companies Companies that add value to the construction The success of Constructora Conconcreto is also derived from the permanent support of other companies of the corporate group that complement, with quality, the projects under its responsibility. INDUSTRIAL CONCONCRETO This group consolidates a vertical integration with the Construction Company by adding value and optimizing the construction chain. It includes the following companies: SISTEMAS CONSTRUCTIVOS AVANZADOS AGREGADOS Y PREFABRICADOS DEL NORTE DURAPANEL IMPAC - ESTRUCTURAS CONCONCRETO This Brand is devoted to the exploitation and commercialization of aggregates, as well as to the manufacture and sale of prefabricated solutions made of concrete, with high quality and technical support. www.agregadosdelnorte.com PBX (574) 375 52 33 This company offers integral construction systems, a wide range of pre-industrialized modular panels manufactured with expanded polystyrene that materialize all the structural and closing elements that are necessary for the execution of a construction project. The main advantages of the product are the following: •Saving construction time and labor. •Optimal solution of structural and self-supporting functions. •State-of-the-art seismic-resistant and thermo acoustic. •Variety of shapes and finishing. www.durapanel.com.co PBX (574) 444 07 07 Its purpose is the design and manufacturing of metallic structures, frameworks, and formwork with a high level of technology. It renders engineering services for the specialized development of products, both for manufacturing and renting. www.impac.com.co PBX (574) 444 4064 PORTFOLIO / CONSTRUCTION CONSALFA This company was incorporated by Conconcreto de Colombia and by Salfacorp, from Chile. This company is a strategic ally for the development of large projects in the country. Its services are oriented towards productive infrastructure projects in the energy, mining, cement, paper, cellulose, hydrocarbons, and industrial plants sectors. Its scope encompasses civil works and electro-mechanical assemblies. Consalfa offers competitive advantages to the market through its knowledge and excellence concerning large-scale projects, technical and professional quality, besides a wide network of contacts that have entrusted their development plants to the Company. www.consalfa.com PBX (571) 492 60 60 IMI - INTERCOASTAL MARINE INC. SOLETANCHE BACHY CIMAS This company is based in Panama and has specialized in maritime constructions and related services, in the design and engineering activities, new constructions and repairs, updating and maintenance of all types of marine facilities. IMI has carried out specialized works for the Panama Canal commission, for the United States Army Corps of Engineers, as well as for multinational companies. www.imi.com.pa PBX (571) 620 21 66 This is a world-class leader in special foundations works and in soil treatment which is working in the five continents. It arrived in Colombia in 1996 and brought the most advanced techniques and equipment of the world which allows the execution of works with a high degree of quality and reliability. www.soletanche-bachy.com.co PBX (571) 692 23 55 GEOFUNDACIONES This is a Colombian company that was founded in 1984. Its focal point is special foundations and geotechnical solutions (land and water). Through its work, this company makes a contribution to the development of Colombia and of the Latin American countries where it is active (Panama, Peru and Ecuador), as well as in those countries where it carries out its work as the Dominican Republic and Venezuela. It specializes in: • Deep foundations • Contention works • Small drilling • Port, maritime and fluvial works. www.geofundaciones.com PBX (571) 236 16 66 33 Total Commercial Value Total Commercial Value Figures from the Real Estate Fund (Constant prices - December 2012) COP$Million COP$Million USD$ USD$ COP$Million USD$ $742,236 Total Commercial CommercialValue Value 750,000 $742,236 Total Commercial Value 750,000 700,000 $418,883 700,000 420,000 $742,236 Total Commercial Value 750,000 $418,883 420,000 650,000 Mini storage Hotels 650,000 390,000 700,000 Mini storage Hotels 390,000 $418,883 420,000 600,000 3% Commerce units 360,000 600,000 Hotels units 650,000 3% Hotels Mini storage Commerce 360,000 Mini storage Hotels 390,000 550,000 (Trade) Mini storage 3% 330,000 550,000 (Trade)units 600,000 3% 3% units Growth of the Commerce 330,000 3% Commerce units Hotels 360,000 3% 500,000 Growth of the Commerce $471,960 10% Mini storage 300,000 500,000 (Trade) 3% Commercial Value 550,000 $471,960 10% (Trade) 300,000 3% (Trade) 330,000 3% Commercial Value Growth of the units 3% 450,000 $266,352 Growth Commerce 270,000 Growth of of thethe 450,000 $266,352 10% 500,000 $471,960 270,000 10% Commercial Value 300,000 98.0% 10% 3% (Trade) 400,000 Commercial Value Commercial 240,000 98.0% 400,000 Growth of theValue 450,000 $266,352 240,000 270,000 70.1% 350,000 10% 98.0% 210,000 70.1% 57.3% Commercial Value 98.0% 350,000 98.0% 400,000 210,000 $277,453 240,000 57.3% Commercial 300,000 70.1% $277,453 180,000 $156,581 9.4% Commercial 300,000 70.1% 70.1% $253,533$156,581 350,000 180,000 98.0% 57.3% Value 210,000 9.4% $253,533 $143,082 250,000 57.3% 57.3% Commercial 150,000 Value $277,453 $143,082 250,000 9.4% 70.1% Commercial Commercial 150,000 300,000 180,000 $156,581 Value 9.4% 9.4% 200,000 $253,533 120,000 57.3% Value Value 200,000 120,000 $143,082 250,000 Commercial 150,000 2009 9.4% 2010 2011 2012 150,000 90,000 $128,062 $72,272 2009 2010 2011 2012 Value 150,000 Industry 90,000 $128,062 $72,272 200,000 120,000 Industry 2009 2010 2011 2012 50,000 60,000 56% 2009 2010 2009 2010 2011 20112012 2012 50,000 60,000 Industry 150,000 90,000 $128,062 28% 56% $72,272 Industry Industry 30,000 0 28% 56% Shopping2009 2010 2011 2012 30,000 0 50,000 60,000 28% 56% Shopping 2008 2009 2010 2011 2012 56% 0 28% malls 28% 2008 2009 2010 2011 2012 Industry Shopping 0 malls 30,000 0 Shopping 2008 2009 2010 2011 2012 56% Shopping malls 2008 2009 2009 2010 2010 2011 28% 2008 2011 2012 2012 malls 0 malls Shopping 2008 2009 2010 2011 2012 malls COP$ Price theShare Share COP$ PricePrice of the Share COP$ ofof the 120,000 93,073 2.000 2.000 71,171 USD$ 2.000 100,000 1.800 1.800 28,851 4 71,171 8 93,073 8 80,000 60,000 4 40,000 80,000 1.800 1.600 60,000 40,000 1.600 2 1.600 1.400 1.400 1.400 20,000 1.200 1.200 $36,546 0 1.200 1.000 1.000 2008 03-jan-12 03-jan-12 1.000 100,000 *GLA: Gross Leasable Area 5.000 4.000 4.000 20,000 4.000 3.000 3.000 0 3.000 2.000 2.000 GLA* $83,309 $83,309 $110,269 $116,322 Number of properties Commercial value 2009 2010 03-mar-12 03-mar-12 2011 2012 03-jul-12 03-may-12 03-may-12 03-jul-12 03-jan-12 03-mar-12 Conconcreto 03-may-12 Volume Volume Conconcreto Volume Commerce (Trade) Conconcreto 5.000 5.000 Million Million Million Industry Square meters Square meters Square meters Square meters Square meters Square meters Square meters 240,000 240,000 240,000 216,000 240,000 216,000 240,000 216,000 216,000 192,000 240,000 192,000 216,000 192,000 192,000 168,000 216,000 168,000 192,000 168,000 168,000 144,000 192,000 144,000 168,000 144,000 144,000 168,000 120,000 120,000 144,000 120,000 120,000 144,000 96,000 96,000 96,000 120,000 96,000 120,000 72,000 72,000 72,000 96,000 72,000 96,000 48,000 48,000 48,000 72,000 48,000 72,000 24,000 24,000 24,000 48,000 24,000 48,000 0 24,000 0 24,0000 0 0 0 Hotels Mini storage Hotels Mini storageHotels Mini storage units Hotels 3% Commerce Mini storage units Hotels 3% 231,507 units 3% Mini storage Commerce 231,507 Commerce (Trade) units 6% Hotels 3% 231,507 Commerce Mini storage units (Trade) 231,507 (Trade) 6%6% 3% Commerce 231,507 (Trade) 6% 3% Growth of the 7% units Commerce (Trade) Growth of the 7% 6% 231,507 Growth of the 7% GAR* (Trade) Growth of the 7% 6% GAR* – Total GAR* 158,006 GLA* GAR*– –Total Total Growth of the 7% GLA* 158,006 GLA* 158,006 GLA* – Total 129.8% Growth of the 7% 158,006 GAR* 129.8% GAR* – Total 129.8% 158,006 GLA* 129.8% GLA* – Total 158,006 GAR* 61.80% 129.8% 97,658 GAR* 61.80% GLA* 61.80% 129.8% 97,658 GLA* 61.80% 8.5% 90,052 97,658 97,658 8.5%8.5%61.80%46.5% 90,052 90,052 GAR* 46.5% 8.5%61.80%46.5% 90,052 97,658 GLA* 46.5% 8.5% 90,052 97,658 46.5% 8.5% 39,180 90,052 46.5% 2009 2010 2011 2012 39,180 39,180 2009 2010 2011 2012 2009 2010 2011 2012 39,180 Industry 2009 2010 2011 2012 44% Industry Industry 44% 44% 39,180 Industry 2009 2010 2011 2012 39,180 40% 44% 2009 2010 2011 2012 Shopping 40% Industry 40%Shopping Shopping 44% Industry 40% Shopping malls 44% 2008 2009 2009 2010 2010 2011 2011 2012 2012 malls 2008 40% malls malls 2008 2009 2009 2010 2010 2011 2011 2012 2012 Shopping 40% 2008 Shopping malls malls 2008 2009 2009 2010 2010 2011 2011 2012 2012 2008 03-jul-12 Colcap Colcap 20,000 Colcap 03-sep-12 03-nov-12 03-sep-12 03-nov-12 03-sep-12 03-nov-12 2.000 1.000 1.000 1.000 0 0 0 Number of properties Number of properties $83,309 $110,269 $116,322 $36,546 $83,309 $83,309 $110,269 $116,322 $36,546 $83,309 20,000 0 0 Commercial valuevalue Commercial 20082008 20092009 20102010 20112011 20122012 PORTFOLIO 40,000 40,000 4 7 9 11,465 11,465 9,3199,319 10,000 10,000 USD$ 5,0005,000 1,7131,713 2 0 20,000 20,000 10,000 10,000 0 0 $23,330 $33,298 $41,740 $12,112 $12,112 $23,330 $33,298 $41,740 Commercial valuevalue Commercial 0 20082008 20092009 20102010 20112011 20122012 Shopping MallsMalls Shopping 100,743 100,743 100,000 100,000 80,000 754 75480,000 240,000 240,000 210,000 210,000 180,000 180,000 60,000 60,000 46,629 46,629 40,000 40,000 USD$ 343 343 150,000 150,000 10,329 10,329 10,329 10,329 10,329 120,000 10,329 120,000 90,000 90,000 107 107 60,000 60,000 20,000 20,000 0 107 107 107 107 0 $110,850 $234,208 $110,850 $234,208 30,000 30,000$35,726 $35,726 $38,007 $35,726 $35,726 $38,007 0 0 GLA*GLA* Number of properties Number of properties Square meters 0 2 Square meters USD$ 30,000 30,000 0 20082008 20092009 20102010 20112011 20122012 GLA*GLA* Number of properties Number of properties Commercial valuevalue Commercial Hotels 108 15,000 Hotels 108 10,000 5,000 5,000 0 0 $11,936 2008 2008 $11,936 $11,936 $11,936 2009 2010 2011 1,097 14,204 14,204 15,000 10,000 15,000 15,000 10,000 USD$ 10,000 5,000 10,000 5,000 0 Commercial value 2012 1,097 15,000 Mini storage units 0 Commercial value Number of rooms $11,936 $11,936 $11,936 $11,936 2009 2010 2011 2012 Mini storage units 5,000 Number of rooms Square meters Square meters USD$ USD$ 15,000 10,000 USD$ USD$ 15,000 15,000 9 Square meters 7 4 Square meters 16,648 16,648 The business started in 2012 The business started in 2012 2008 2009 2010 2008 2009 2010 5,000 $14,678 0 $14,678 2011 2012 0 2011 2012 GLA* Number of units GLA* Commercial value Number of units Commercial value Investment 20,000 20,000 Commerce (Trade) Commerce (Trade) 50,000 50,000 35 Square meters for rent This is a model through which solutions that are adjusted to the need of the clients are offered. Long-term rentals are generated for the Company. This is the core of the Investments business at Constructora Conconcreto. Assets such as shopping malls, real estate solutions for the industrial, commercial, corpora- te and tourism sectors are promoted, built and operated by the Company so its clients devote themselves to the essence of their activities. Warehouses and mini storage units, for individual persons or for small and medium-sized companies, are other strategic sectors for the Company. ala tem Gua 04 03 01 COVERAGE: 05 07 06 08 09 10 11 01 Cartagena 02 Valledupar 03 Sincelejo 04 Antioquia 05 Cundinamarca 06 Casanare 07 Tolima 08 Bogotá D.C 09 Meta 10 Valle del Cauca 11 Huila Neiva 13 Caquetá 14 Nariño 02 13 12 PORTFOLIO / INVESTMENT SHOPPING MALLS Real Estate Fund GRAN PLAZA SHOPPING MALL THE PLACE WHERE WE ALL WANT TO BE Gran Plaza is the brand that identifies the shopping malls of Constructora Conconcreto. This image represents an attractive space with many commercial and amusement alternatives. It is an ideal place for our clients to enjoy the joy of living in comfortable facilities, especially designed to meet their needs. The Gran Plaza shopping malls contribute with the activation of the economy and social relations of the cities by becoming a meeting point where we develop our projects. 107 commercial spaces GRAN PLAZA FLORENCIA - OPERATING It has 171 commercial spaces. Gran Plaza Florencia is located in Florencia, the most important city of the southeastern area of the country because of the number of its inhabitants –over 163,000–; it is also the first shopping mall built in the department of Caquetá. It has the most important brands of Colombia, movie theaters, an Éxito store, a playground, a food court and comfortable amusement, entertainment and shopping areas. 37 2012 Annual Report // SHOPPING MALLS GRAN PLAZA ALCARAVÁN 106 commercial spaces 190 commercial spaces It has 106 commercial spaces. Gran Plaza Alcaraván has become the meeting point for around 250,000 inhabitants of Casanare that go to there to do their shopping, to the movies or to enjoy good food in a good environment. 123 commercial spaces GRAN PLAZA DEL SOL - UNDER CONSTRUCTION This is the largest Gran Plaza shopping mall to date in Colombia. It will benefit almost 500,000 inhabitants of this important municipality of the department of Atlántico, as well as the inhabitants of the nearby villages. It has important services as an Éxito store, some 190 commercial spaces with the best national and regional brands, a food court, six movie theaters, department stores, a playground, vast common areas and 862 covered parking spaces. GRAN PLAZA SAN ANTONIO It has 123 commercial spaces. Gran Plaza San Antonio was the first shopping mall of the brand positioned in a growing city that already has over 100,000 inhabitants. PORTFOLIO / INVESTMENT Real Estate Fund CENTRO COMERCIAL GUATAPURÍ With over 350,000 inhabitants, the growth of the capital city of Cesar has been noticeable during the last years. That is why projects like Guatapurí are so important since it has over 100 commercial spaces, four movie theaters, two anchor stores, an amusement park, and a food court. 286 commercial spaces TRANSFER PRIVATE CENTER OF THE NORTHEASTERN REGION – CENTRA NORTE– SAN PEDRO SHOPPING MALL The San Pedro Plaza shopping mall opened its doors in December 2005 with 88 commercial spaces. It was subsequently extended in 2011 with 88 additional commercial spaces, and then again in 2011 with 110 additional commercial spaces. Because of this process it was awarded the silver award,under the category of remodeling or extending an existing project, at the ‘Premios a Centros Comerciales Latinoamericanos’ from the International Council of Shopping Centers –ICSC–. The complex, owned by Conconcreto and Almacenes Éxito, receives, approximately 550,000 visitors per month. This is an inter-municipal transfer central station located in Guatemala City. It has a shopping mall with 286 commercial spaces; it is an asset that belongs to Constructora Conconcreto and to the Guatemalan company Centrales de Transferencia. Centra Norte was designed as an infrastructure for the operation and transfer from extra-urban buses to urban buses coming from the northeastern area of the country to the capital city and vice versa for the user to make the transfer in a safe, comfortable and convenient manner. There are around 70 thousand people who use it on a daily basis. It also has a supermarket, banks, medical services, restaurants and shops in general. 39 2012 Annual Report // CORPORATE SOLUTIONS We develop tailor-made real estate projects for our clients. We build, rent and manage these innovative solutions (infrastructure and construction). OFFICES AND HOTELS Buró 24. This is a project from the company Allusin the city of Bogotá. It includes a five-story building. The first three floors are for the call center of the company and the last two floors are areas to be rented for offices. Buró 26. This is an own project located in the Colombian capital city. It is located close to the airport. It includes two buildings: one for offices and the other one for a Movich hotel with 248 rooms, plus commercial spaces with areas from 85 to 110 square meters. Sonesta Hotel. This hotel is located next to the Guatapurí shopping mall. The Valledupar Sonesta Hotel has 180 rooms and high quality standards. It is operated by GHL Hotels, an international chain that manages over 20 hotels in Ecuador, Peru, Panama and Colombia. DISTRIBUTION CENTERS PORTFOLIO / INVESTMENT Real Estate Fund CONVENIENCE STORES / COMMERCIAL STORES Familia. These are distribution centers of the company Familia, developed in the municipality of Girardota, Antioquia in 2005 and 2009, respectively. Both have a storage area of 27,335 square meters and 42 loading docks. Farmatodo. The Venezuelan drugstore chain Farmatodo arrived in Colombia in 2009. Its ally has been Conconcreto that has contributed to its expansion strategy in Bogotá. Frito Lay. The distribution center of Frito Lay, operating since 2011, has six loading docks, storage area and office area. It is located in the municipality of Itagüí, Antioquia, and it has a total area of 4,638 square meters. Unilever. It is located in Cali. The project was carried out on a plot of land (80,000 square meters) and it has a total new built-up area of 2,191.8 square meters, a refurbished area of 646.1 square meters and an area for a field of operations (694.5 square meters). Flamingo. This company from Antioquia has become one of the most dynamic retailer chains (credit sales) in Colombia. They developed their first store in Pereira, Risaralda, in 2010 which helped them to consolidate their operation in the coffee region. The total area of the store is 7,035 square meters. 41 2012 Annual Report // We make investments in roads, tourism and urban furniture concessions as high-impact alternatives, both for our company as for the benefited community. Concessions ROAD CONCESSIONS Road concessions are highly efficient and provide the opportunity to connect the regions. That is why we focus on three of them that are very important: Devimed S.A.: 250 kilometers Autopistas de los Llanos S.A.: 187 kilometers CCFC S.A. Concession: 35 kilometers TOURISM The tourism concession we participated in at the logistics room of the Cartagena Convention Center –along with GHL-, enables the successful development of events that represent countless business opportunities and contacts in Colombia and abroad. The objective derived from the activity of this entity is the positioning of Cartagena de Indias and of Colombia as a favorite touristic and meeting destination in Latin America due to its service-excellence approach. Total area: 19,000 square meters Capacity: 3,500 visitors URBAN FURNITURE The urban furniture concession activates the urban architecture and provides opportunities for high-impact commercial advertising for the community. CAS furniture 750 bus stops in Medellín 1,350 advertising faces 4,115 installed urban elements PORTFOLIO Related companies and brands Companies that add value to the investment portfolio INMOBILIARIA CONCONCRETO U-STORAGE This company offers real estate products and services through the management, promotion and commercialization of projects that improve the quality of life and the net worth of its clients. Besides its wide experience in the development of highprofitability shopping malls for investors and businessmen, this company has an important presence in the housing sector with projects for the socioeconomic strata. As a result of an approach that prioritizes the benefit of the buyers, a positive impact is evidenced in each city where an Inmobiliaria Conconcreto project is developed. www.inmobiliariaconconcreto.com PBX (574) 402 5700 This is the largest warehouse company in Colombia with 15 years of experience in the market and with an offer of over 1,600 storage units in Bogotá, Medellín and Cali. The warehouses are rented to individual persons and to companies. They offer privacy, security and easy access. Items such as home furnishings can be stored; on the other hand, companies may store dead files, inventories surpluses, POP material, among others. With this storage system, the customer has control of their space as required, no management fees or utilities, you can rent the winery for the time required without minimum stay clauses and has video surveillance TV. The broad portfolio of the company includes packing and crating, local movers, national and international. www.u-storageminibodegas.com PBX (574) 604 22 01 SAN FRANCISCO WAREHOUSES The San Francisco Warehouses (BSF –Bodegas San Francisco, in Spanish) is the Chilean leading Brand for infrastructure solutions (logistics and storage) that arrived in Colombia with Conconcreto with the purpose of offering competitive costs and areas that are adjusted to the needs of each business. Since 1985 it has reached an infrastructure of over 1,136,100 square meters of warehouses distributed in ten centers in Chile and two centers in Peru. BSF arrives in Colombia in 2012 with the construction of its first logistics center in Madrid, Cundinamarca. It has a warehouse area of 137,500 square meters. www.bsf.co / PBX (571) 275 7609 43 Once it is finished, Hidroituango have a total installed capacity of 2,400 MW. www.conconcreto.com Medellín: PBX (574) 402 5700 Bogotá: PBX (571) 620 2166