Center for Real Estate Welcomes Terranum as an Industry Partner
Terranum is considered one of the great business successes of Colombia in the last decade. The company started as the business investment banking firm Corporate Strategies, founded by Luis Gallo, Alfredo Rizo and Carlos José Ignacio Robledo. The group experienced exponential growth since their founding. Starting with a capital of 700 million pesos in 2007, the company expanded to manage 2,400 million dollars (about 6 billion pesos) through multiple platforms by 2014.
Corporate Strategies went on to become Terranum after teaming with the Santo Domingo Group. The group then added significant funds through Colombian International, Equity International and Cadillac Fairview. Columbian International provides simplified, professional and tailored service for real estate transactions and investments in Colombia. Sam Zell, who made the biggest sale of real estate in the history of the United States (valued at 40,000 million dollars) serves as Chairman of Equity International. Cadillac Fairview is one of the largest pension funds in the world, managing resources of Canadian teachers.
Currently, Terranum has three legs: corporate platform, hotel and residential. Today, Terranum is the leader in each of these three segments.
Growth Markets, Development Opportunities: Latin America
L to R: Afredo Rizo, Terranum; Henry Kardonski, Panama Pacifico; Jorge Henriquez, Asgard Capital+Del Parque; Harold Gardener, Urbanova; Pedro Azcue, JLL Mexico & Latin America