ESSENTIAL FACT
SURA RESIDENTIAL INCOME INVESTMENT FUND CHILE
October 03, 2022
Gentlemen
Financial Market Commission
Present
REF: Communicates essential fact of the Sura Renta Residencial Chile Investment Fund
In my capacity as representative to the Commission for the Financial Market (hereinafter “CMF”) of
Administradora General de Fondos SURA S.A. (hereinafter the “Sociedad Administradora”), a company
administrator of the Investment Fund SURA Renta Residencial Chile, (hereinafter the “Fund”, and
in accordance with the provisions of Article 18 of Law No. 20,712 and Articles 9 and 10 paragraph
second of Law 18,045, and General Standard No. 30 of the Commission for the Market
Financial, being duly empowered by the Board of Directors of the Management Company, by the
This communication to you as an Essential Fact of the Investment Fund SURA Renta
Residencial Chile (hereinafter the “Fund” the following:
By public deed granted on September 29 of the current year before the Notary Public
of Santiago, Mrs. María Soledad Lascar, “Renta Residencial SR 1 SpA”, a company of which the Fund
is the sole shareholder, bought from “Inversiones la Casona SpA”, the property located on Calle Gastón
Despouy, number eight thousand seven hundred and forty, from the commune of La Cisterna, Metropolitan Region.
Likewise, by public deed of the same date and before the aforementioned notary public, the parties
Abovementioned abovementioned concluded a lease agreement in respect of those units
that “Inversiones la Casona SpA” currently held leased, through which the latter
ceded and transferred in all its parts its contractual position to “Renta Residencial SR 1 SpA”.
In relation to the form of financing of the operation, we inform you that approximately
64% of the purchase price and the payment of the respective Value Added Tax were financed
by means of a loan granted to “Renta Residencial SR1 SpA.” by a banking institution,
being granted with this same date and in the same public deed of mortgage financing in favor
of the bank on the property object of the aforementioned sale. The remainder of the price was
paid by the acquiring company by means of a credit granted by the Fund to that company
Documented by promissory note.
Regarding the potential effects of this operation, we estimate that in the short term there will be
a slight decrease in the value of the Fund’s contribution as a result of the costs associated with its implementation,
in particular for the legal and technical advice provided within the framework of the due diligence process,
Closing of the transaction and corresponding brokerage commission. On the other hand, in the medium and long
term, we project a positive impact on the Fund’s results as a result of net income
that will generate the asset of its operation, since the acquired asset is stabilized.
Yours sincerely yours,
Andres Ki; Bascuñán Lic
General Manager
Administradora General de Fondos Sura S.A
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=0eeee853d1b7ddd45ed7fb15ca4bc1acVFdwQmVVMXFSWGROUkUwMFRXcEZOVTlCUFQwPQ==&secuencia=-1&t=1682376108
