A N N U A L R E P O R T G R U P O S E C U R I T Y ... - Banco Security

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Business Areas
SERVICES
The service of excellence that characterizes Grupo Security is largely due to the dedicated work carried out in
providing staff with the tools necessary for complying with their tasks and objectives.
In the services business area, Grupo Security groups together activities dedicated to the real estate business, travel
and tourist agency and other services oriented to giving complementary support to Group companies.
Inmobiliaria Security S.A.
Inmobiliaria Security is a company with more than 10 years’ experience in the Chilean real-estate market, with a
successful growth strategy is based on the development, investment and management of housing and office projects
in which it participates directly through private real-estate investment funds as well as jointly with important
institutional and individual investors, with assets managed of over UF 600 thousand.
The projects managed by the company are mainly located in the districts of Vitacura, Las Condes, Ñuñoa, Providencia,
Lo Barnechea and Huechuraba. All stand out for their excellent location, design and infrastructure, as well as their
high-quality terminations.
Inmobiliaria Security in 2008 sold four important projects and six real-estate developments, three of them finished
during that year and the other three in an advanced stage of construction.
Progress was also made in the integration of businesses between Inmobiliaria and other Group companies, particularly
the management of office buildings for the insurance company Vida Security S.A.
Inmobiliaria Security produced a net income of Ch$651 million in 2008 with a return on equity of 19%.