Cimenta

What Cimenta does

Cimenta S.A., Administradora General de Fondos is a Santiago, Chile-based real estate fund administrator founded in 1991 that develops, owns, and manages income-producing real estate assets through the CMF-regulated Fondo de Inversión Inmobiliaria Cimenta-Expansión. The platform operates across multiple asset classes: eight Class A office buildings concentrated in Santiago's premium business districts (Las Condes, Vitacura, Santiago Centro), five industrial warehouse centers spanning roughly 63,000m² at Lo Boza II alone, two strip-center retail locations plus the Terrazas San Cristóbal gastronomic and cultural complex, a five-plus-location Senior Suites senior-living vertical, and hotel real estate operated under an NH Hotels management agreement (NH Iquique Pacífico). The platform also offers parking services and a coworking product through oficinascimenta.cl. The underlying technology is conventional property-management and tenant-administration systems rather than a proprietary data or AI platform; however, the portfolio incorporates configurable physical infrastructure such as custom-design offices and warehouses, independent utility boards per warehouse unit, and 24/7 CCTV security.

Revenue is generated through three mechanics: (1) recurring rental income from the diversified office, warehouse, retail, and senior-living portfolio on a monthly cadence; (2) fund management and administration fees collected by Cimenta as the Administradora General de Fondos on the 7,547,773 issued and paid quotas of the Cimenta-Expansión fund (with the underlying investor base being Chilean aportantes); and (3) asset-light hotel revenue via the NH Hotels licensing/management arrangement. Pricing is quote-based and not publicly disclosed, with warehouse modules standardized at 450m², 800m², 1,600m², and 1,800m². The customer mix spans corporate office tenants, logistics and distribution firms, retail tenants, senior citizens and their families, hotel guests (via NH), and investment fund aportantes — making this a hybrid-segment B2B/B2C landlord with significant B2B2C exposure. Go-to-market is direct-to-consumer via ciment a.cl, segmented contact forms, phone-based inside sales, and physical property tours, with an omnichannel social presence across LinkedIn, Facebook, and Instagram and no disclosed reseller or channel-partner network.

The founding mandate is institutional: Cimenta was constituted after CMF Resolution No. 70 on May 20, 1991, and operating geodesically remains single-country domestic with assets in Santiago Metropolitan Region plus Iquique, Coquimbo, and Los Ángeles. As of December 17, 2025, the fund's duration was extended to August 22, 2040, materially lengthening the platform's runway. Ownership is dispersed through fund-quota holders rather than a single parent; Cimenta serves as regulated administrator. No public ticker is listed.

Name

Cimenta

Legal name

Cimenta S.A., Administradora General de Fondos

Website

https://cimenta.cl

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

Cimenta S.A. is a CMF-regulated Chilean real estate fund administrator (founded 1991) that develops, owns, and manages a diversified portfolio of Class A offices, industrial warehouses, retail strip centers, senior-living residences, and hotels across Santiago and select regional markets, serving corporate tenants, logistics firms, retailers, seniors, and investment fund aportantes through the Fondo de Inversión Inmobiliaria Cimenta-Expansión.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Real Estate (5311), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Investment Trusts (6798), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

Keywords

• Commercial real estate
• Real estate investment
• Property management
• Office leasing
• Industrial warehousing

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices18 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Commercial Office Leasing: Rental income from Class A office buildings located in premium Santiago locations including Las Condes, Vitacura, and Santiago Centro. Properties include Edificio Innova, Edificio Cordillera, Edificio Santiago Downtown 4, Edificio Agustinas, Edificio Bandera, Edificio San Crecente, Edificio Nau, and Edificio Torre Kennedy.
2. Industrial Warehouse Leasing: Rental income from industrial warehouse and logistics centers offering modules ranging from 450m² to 1,800m² with features like floor-level loading docks, high ceilings (up to 12.5m at ridge), and maneuver yards.
3. Retail Space Leasing: Revenue from commercial strip centers (Strip Center Plazuela) and retail locations strategically located in high-traffic areas. Includes the Terrazas San Cristóbal gastronomic and cultural center.
4. Senior Living (Senior Suites): Residences for seniors offering specialized care solutions at locations including Senior Suites San Damián, Senior Suites Providencia, Senior Suites Sebastián Elcano, and Senior Suites Las Encinas.
5. Hotel Operations: Hotel property management through partnership with NH Hotels chain, including NH Iquique Pacífico. Cimenta owns the real estate and NH manages operations.
6. Real Estate Investment Fund Management: As a 'Administradora General de Fondos' (General Fund Administrator), Cimenta manages the Fondo de Inversión Inmobiliaria Cimenta-Expansión, collecting management fees from investors. The fund was initiated on November 21, 1991, with 667,543 initial quotas and currently has 7,547,773 quotas issued and paid.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Cimenta develops, owns, and manages a diversified portfolio of income-producing real estate assets in Chile. The company's core offerings are the rental of commercial offices (8 buildings across Santiago's Las Condes, Vitacura, and Santiago Centro), industrial warehouses (5 logistics centers in Pudahuel and San Bernardo), retail spaces (Plazuela strip centers and Terrazas San Cristóbal), senior living residences (Senior Suites), hotel real estate (operated by NH Hotels), and parking facilities, alongside management of the regulated Fondo de Inversión Inmobiliaria Cimenta-Expansión real estate investment fund.

Product overview

Cimenta is a real estate investment fund administrator that develops and manages income-generating real estate assets. The company operates a diversified portfolio of commercial properties organized into distinct business areas: Oficinas (office spaces across 8 buildings in Santiago's business districts), Bodegas (industrial warehouses across 5 locations in Santiago's industrial zones), Locales (retail spaces including Plazuela strip centers and Terrazas San Cristóbal gastronomic center), Estacionamientos (parking services), Senior Suites (senior living residences), Hoteles (hotel properties via NH partnership), and residential development projects. The company also offers custom-configured spaces (custom offices and warehouses) and coworking facilities, serving businesses of various sizes with flexible rental solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Plazuela: Shopping centers designed for daily needs
• Terrazas San Cristóbal
• Senior Suites
• Strip Center

Products and services

• Oficinas (Office Leasing) Rental of Class A commercial office space across eight buildings (Edificio Innova, Edificio Cordillera, Edificio Santiago Downtown 4, Edificio Agustinas, Edificio Bandera, Edificio San Crecente, Edificio Nau, Edificio Torre Kennedy) in Santiago's Las Condes, Vitacura, and Santiago Centro districts, including custom-configured offices (Oficina a tu medida) with over 1,000 configurations available. Targets corporate and business tenants.
• Bodegas (Industrial Warehouse Leasing) Rental of industrial and logistics warehouse facilities across five centers (Centro de Bodegas San Bernardo, Lo Boza, Lo Boza II, General Velásquez, Las Acacias) in San Bernardo and Pudahuel. Modules from 450m² to 1,800m², with ceiling heights up to 12.5m at ridge, 24/7 CCTV security, controlled access, and customizable 'Bodega a tu medida' layouts. Targets logistics and distribution companies.
• Locales (Retail Space Leasing) Rental of retail and commercial spaces in Plazuela strip centers (Iquique and Puente Alto) and the Terrazas San Cristóbal gastronomic and cultural center in Bellavista, Providencia. Targets retailers, restaurants, and commercial establishments seeking high-traffic locations.
• Senior Suites (Senior Living Residences) Specialized senior living residences offering care solutions for older adults. Locations include Senior Suites San Damián (Las Condes), Senior Suites Providencia, Senior Suites Sebastián Elcano (Las Condes), Senior Suites Las Encinas (Ñuñoa), and Living La Dehesa (Lo Barnechea). Targets senior citizens (55+) and their families.
• Estacionamientos (Parking Services) Parking services offering private monthly subscriptions and public pay-per-use options in residential, corporate, and high-demand areas. Targets individual vehicle owners and companies.
• Cowork (Coworking Spaces) Flexible coworking spaces designed for professionals and smaller businesses seeking professional work environments at reasonable prices. Targets SMBs, individuals, and professionals.
• Hoteles (Hotel Properties via NH Partnership) Hotel real estate ownership and partnership arrangement with NH Hotels chain, who operates the hotel properties under their brand. Includes NH Iquique Pacífico. Cimenta owns the real estate and NH manages operations.
• Proyectos Habitacionales (Residential Development Projects) Residential real estate development projects for housing construction and development, operated through the enaco.cl platform. Includes projects such as Jardines del Sol, Parque Las Américas, Jardines de la Viña, Los Olmos, and One.
• Fondo de Inversión Inmobiliaria Cimenta-Expansión (Real Estate Investment Fund Administration) Real estate investment fund administration services for the Fondo de Inversión Inmobiliaria Cimenta-Expansión, a CMF-regulated investment fund (Ley Única de Fondos, Law No. 20.712). Cimenta serves as the Administradora General de Fondos managing the fund, which has 7,547,773 quotas issued and paid and a maturity date of August 22, 2040. Targets investors (aportantes) seeking real estate investment exposure.

Quantifiable outcome

• Custom warehouse modules available from 450m² to 1,800m²
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• NH HotelscoreStrategic or Co-development Partner · 1 January 2015Hotel management partnership with international NH Hotels chain. Cimenta owns the hotel real estate (NH Iquique Pacífico) while NH Hotels handles operations and management under their brand. This partnership began in 2015 when the hotel construction in Iquique was initiated.
• CMF (Comisión para el Mercado Financiero)coreOthers · 1 January 1991Regulatory oversight by Chile's Financial Market Commission (formerly SVS - Superintendencia de Valores y Seguros). The Fondo de Inversión Inmobiliaria Cimenta-Expansión was approved by CMF Resolution No. 70 on May 20, 1991, and operates under Law No. 20.712 (Ley Única de Fondos).
• DCV RegistroscoreImplementation/ SI/ Consulting PartnerThird-party shareholder registry administration for Fondo de Inversión Inmobiliaria Cimenta-Expansión. DCV Registros manages the fund's shareholder register, handles inquiries, and processes shareholder information. Contact: +56 2 2393 9003, [email protected].
• Various logistics and warehouse companies (logos displayed)coreChannel Partner/ Reseller/ DistributorOver 30+ enterprise customers in warehouse and logistics operations shown through company logos on the Bodegas page, representing various industries that lease Cimenta warehouse and industrial spaces.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Patio Comercial: Chilean strip center specialist operating 30+ strip malls. Directly comparable to Cimenta's Plazuela format and retail strategy, with similar small-to-mid-sized tenant focus and suburban/high-traffic site selection.
• Socovesa S.A. One of Chile's largest residential developers with diversified real estate operations. Comparable to Cimenta as a long-established Chilean real estate company with diversified asset exposure and similar institutional shareholder base.
• Inmobiliaria Manquehue: Chilean real estate developer with residential and commercial developments concentrated in Santiago's premium eastern districts (Las Condes, Vitacura, Lo Barnechea). Directly overlaps with Cimenta's prime eastern Santiago asset base and similar high-end customer demographic.
• VivoCorp: Chilean office developer and operator focused on Class A office properties in Santiago. Comparable to Cimenta's office portfolio in terms of asset class, Santiago geography, and corporate tenant base, though with greater development focus vs. Cimenta's stabilized income focus.
• Parque Arauco S.A. Chile's largest diversified real estate company, operating shopping centers, strip malls, and office properties primarily in Chile and Peru. Directly comparable to Cimenta as a vertically integrated Chilean CRE owner/operator with multi-asset-class portfolio and similar institutional investor base.
• Cencosud Shopping: Chilean shopping center operator and developer controlled by Cencosud. Comparable to Cimenta's retail/Plazuela operations and overall CRE investment exposure, with similar Chilean geographic focus and institutional real estate investor profile.
• Mall Plaza: Chilean shopping mall operator and developer with national footprint. Comparable to Cimenta's retail operations (Plazuela, Terrazas San Cristóbal) from a shopping center business model and Chilean CRE market perspective.
• Territoria (Inmobiliaria Territoria): Chilean mixed-use real estate developer with operations in offices, retail, and residential. Comparable to Cimenta's diversified multi-asset-class portfolio and Santiago-centric operating focus, with similar corporate clientele.

Broad incumbents

• Fibra Macquarie (México): Mexican REIT (Fibra) managed by Macquarie with industrial, retail, and office properties. Comparable to Cimenta in REIT-equivalent fund structure, multi-asset-class portfolio, and institutional real estate investment management model — though operating in Mexico rather than Chile.
• Fibra Uno (México): Mexico's largest diversified REIT with industrial, retail, and office properties across Mexico. Comparable to Cimenta in fund-based real estate investment vehicle structure, diversified commercial asset portfolio, and regulated institutional investment model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xfacebook.com/CimentaChile
• Facebookfacebook.com/CimentaChile
• LinkedInlinkedin.com/company/cimenta-s-a
• Instagraminstagram.com/cimentachile

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cimenta