What Empresas Siena does

Empresas Siena, operating as Siena Inmobiliaria, is a privately held Chilean residential real estate developer headquartered at Los Militares 6191, Las Condes, Santiago, with approximately 60 years of operating history. The company develops and sells new-build apartments (departamentos) and houses (casas) across multiple Santiago communes, including La Florida, Las Condes (San Carlos de Apoquindo), Chicureo, and Macul, with active projects such as Canquén Norte, Edificio Parque Vicuña 10811, Edificio Vicuña 6633, and Altavista San Damián. Units are sold at pre-construction (en verde), pre-land (en blanco), and immediate-delivery stages, with pricing quoted in UF (Unidad de Fomento) and qualifying properties eligible for DFL2 tax benefits.

The business is built around two differentiated capabilities. First, the Eco+ sustainable housing standard, developed in partnership with Enel X, integrates photovoltaic panels, EV charging infrastructure, energy-efficiency systems, and smart monitoring into projects, targeting up to 40% electricity savings and a pipeline of 10,000+ sustainable homes across Puente Alto, La Florida, and Colina. Second, a buyer-financing stack coordinated with BancoEstado, Santander, Scotiabank, BCI, and Itaú under the FOGAES program offers subsidized mortgage rates from 3.29% on properties up to UF 4,000, with down payment requirements reducible from 20% to 10% and 36-installment credit-card pie options for immediate-delivery units.

Distribution is hybrid: dedicated Salas de Ventas at each project with on-site sales executives, supplemented by WhatsApp-based contact, Matterport virtual tours, online reservation, and a website quoting/mortgage simulator. Post-purchase, the proprietary MI SIENA mobile app and a 48-hour-response Post-Venta service (managed through Unysoft) maintain the customer relationship. The 2022 Premio Empresa Sostenible from the Cámara Chilena de la Construcción and the Sello Pro / Best Place to Live seals support the brand's quality positioning in a market where trust and warranty compliance (3-year finishes, 5-year installations, 10-year structural) are decisive purchase drivers.

Name

Empresas Siena

Legal name

Empresas Siena

Website

https://siena.cl

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. New Property Sales: Primary revenue stream from the sale of new residential properties including apartments (departamentos) and houses (casas) across various projects in Santiago, Chile. Properties are sold at various stages including 'en verde' (pre-construction), 'en blanco' (pre-land purchase), and immediate delivery. Pricing is typically quoted in UF (Unidad de Fomento) with financing through mortgage credits.
2. Financing Services: The company provides mortgage management assistance and works with financial institutions to facilitate buyer financing. They offer subsidized interest rate programs and coordinate with banks for credit approval, earning revenue through successful transaction completions facilitated by their financing support.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Empresas Siena, operating as Siena Inmobiliaria, is a Santiago-based residential real estate developer that builds, markets, and sells new apartment buildings (departamentos) and Mediterranean-style houses (casas) across communes of Santiago, including La Florida, Las Condes, Macul, and Chicureo. The company sells units at various stages (en verde, en blanco, and immediate delivery), facilitates buyer financing through bank partnerships and government-subsidized mortgage programs such as FOGAES, and supports customers through the MI SIENA mobile app and a dedicated post-sale service team.

Product overview

Siena Inmobiliaria is a Chilean real estate developer offering residential properties across Santiago. The portfolio comprises two main product lines: apartment buildings (departamentos) in Las Condes, La Florida, Macul, and San Carlos de Apoquindo, and Mediterranean-style houses (casas) in Chicureo. Key apartment projects include Edificio Vicuña 6633, Edificio Parque Vicuña 10811, and Altavista San Damián, while Canquén Norte represents the house offering. Supporting services include MI SIENA mobile app for owner management, post-venta after-sales support, and mortgage financing assistance. The Eco+ sustainable housing program, developed with Enel X, represents an innovative offering incorporating solar panels, EV charging, and smart energy monitoring. Property types span traditional apartments, garden units, rooftop units, and pet-friendly configurations with amenities including pools, gyms, coworking spaces, and pet spas.

Differentiator

Problem solved

Functional benefit

Products and services

• Canquén Norte

Quantifiable outcome

• Up to 40% reduction in electricity bills through Eco+ solar panel systems
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Enel XcoreStrategic or Co-development PartnerStrategic partnership for Eco+ sustainable housing initiative. Enel X provides solar panel installation, electric vehicle infrastructure, energy efficiency systems, and smart monitoring technologies. The alliance plans to implement sustainable technologies in over 10,000 homes across Chilean communes including Puente Alto, La Florida, and Colina.
• Cámara Chilena de la Construcción (CChC)coreStrategic or Co-development PartnerConstruction chamber partnership providing social services through foundation programs, health initiatives including SEMSO social indicator program, 'Construye Tranquilo' health program, and 'A Pasos de Tu Casa Propia' housing access program. CChC also awards annual sustainability recognition.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Besalco: Besalco is a long-established Chilean construction and real estate group with a residential property division. It is a broader incumbent comparable to Siena given its involvement in new residential development across Santiago, while also operating construction, concessions, and services businesses.
• SalfaCorp: SalfaCorp is one of Chile's largest construction and real estate groups, encompassing residential development (including Inmobiliaria Geosal), engineering, and building materials. It is a broader incumbent that overlaps with Siena in residential development but operates at much greater scale and across more segments.

Direct peers

• Imagina Inmobiliaria: Imagina is a Santiago-based residential developer with a focus on new-construction apartments in the same communes where Siena operates, including Las Condes and surrounding middle-to-upper-middle submarkets.
• Inmobiliaria Aconcagua: Aconcagua is a Chilean residential developer focused on apartment buildings in Santiago, with comparable mid-market positioning and similar use of mortgage partner banks for buyer financing.
• Paz Corp: Paz Corp is one of Chile's largest residential real estate developers, building apartments and houses across Santiago and other regions. It is a direct peer to Empresas Siena, operating in the same new-construction residential segment with overlapping target customers and similar government-subsidy-driven sales motion.
• DS Grupo Socovesa: DS Grupo Socovesa is a major Chilean residential developer with a broad Santiago and regional pipeline. It is a direct peer given its scale in new-construction apartments and houses, similar mid-market positioning, and use of government subsidy programs.
• Inmobiliaria Euroinmobiliaria: Euroinmobiliaria is a Chilean residential developer building apartments in Santiago, sharing Siena's mid-market positioning and target buyer profile.

Regional players

• Constructora Cumbres: Cumbres is a Chilean residential developer active in Santiago and other regions; it competes with Siena in the same apartment-building product category and uses comparable subsidy-driven buyer financing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@sienainmobiliariamkt
• Facebookfacebook.com/SienaInmobiliaria
• Instagraminstagram.com/SienaInmobiliaria
• Xx.com/sienainmobil

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Empresas Siena