Grupo Patio carries out a capital increase

Through this increase, Paola Luksic’s family office achieved a 16.66% stake in the company, while Gabriela Luksic now held 5.22% of the shares through her family structure


Grupo Patio carried out a capital increase through which Paola Luksic’s family office achieved a stake of 16.66% -which is 5.66% more- and her sister Gabriela now has 5.22% of shares through its family structure.


With this change, both now hold a 22% stake and two positions on the board of directors.  The real estate asset manager assured that this change of ownership was achieved not only through the capital increase but also through the purchase of a secondary share package and that the amount of the transaction amounted to US$ 78 million, which will be delivered by phases within two years.


The injection of resources, according to the company, has among its objectives financing its growth plan in Chile and strengthening its real estate asset manager model.


“This new capital increase is a great sign of support for the work that our team has been doing and will be essential to continue promoting the future growth of the company, both in Chile and in other markets.” assured the CEO and founder of the company, Álvaro Jalaff through a statement.


The vice president of Grupo Patio Andrés Solari, for his part, indicated that the participation of Paola and Gabriela Luksic will be an important contribution to deepen the internationalization of the group, which manages 158 real estate assets in Chile, Peru, Mexico and the United States and has eight public funds.


In recent years, Grupo Patio has adopted a business model based on the integrated management of real estate rental assets, in which it participates together with institutional investors, family offices and retail. The company invests jointly with them and participates in the entire life cycle of the asset, from development to administration and marketing.