With a build-to-rent (Build to Rent) model, Madebloque, Polok, and Nabilera have partnered to develop an innovative, highly sustainable, and profitable project. A hotel in Bogotá, pioneering for its engineered wood superstructure, with quiet and bright spaces in a modern and extremely warm atmosphere. The business can be accessed through fiduciary rights.
The product
What the investor acquires
A fiduciary right is a proportional participation in the project's autonomous estate: lot, building, hotel outfitting, and operational flows. You invest in the business — you do not manage tenants or bookings.
- You are not buying real estate. Fiduciary participation (FIDIS) in a Build to Rent hotel with a professional operator.
- Pre-construction purchase: 950 m² sellable — room square footage and commercializable space (excludes common areas, corridors, and technical zones) to optimize return.
- 100% delegated management to Nabilera — marketing, bookings, cleaning, maintenance, and general administration.
| Investment Criterion | Traditional real estate | Cocun Project |
|---|---|---|
| Asset management | Active — collection from tenants, repairs, and vacancies. | 100% passive — fully operated by Nabilera. |
| Vacancy risk | High — if the apartment is empty, the rent is $0. | Mitigated — revenues consolidated in a pool of 20 rooms. |
| Construction speed | Slow — traditional on-site processes with high waste. | Fast — assembly of pre-fabricated components in the factory. |
| Ecological impact | High carbon emissions in conventional materials. | Carbon capture net due to its timber superstructure. |
Why invest here?
Galerías — short-term rental corridor in Bogotá
The location at Cra. 22 # 51-63 directly connects universities, El Campín, office hubs and central commerce — a dynamic ecosystem that sustains year-round hotel occupancy. The project will be built on a strategic 240 m² lot (8 m front by 30 m depth) where a total of 20 designer rooms are planned.
More than a hotel
A Mass Timber landmark in Bogotá
Cocun is not just a hotel business: it is the first accommodation made with an engineered wood superstructure in the capital, a visible benchmark of digital pre-construction, real sustainability, and biophilic architecture in a high-demand urban corridor.
- First hotel in Mass Timber structure of Bogotá, converting biogenic material into a permanent carbon sink.
- Projection of national certification to validate our efficiency and impact on the carbon footprint.
- Active Net-Zero operation through a *Solar Rooftop* system integrated on the rooftop.
Industrialized timber construction is a global reality. Globally, the use of technologies that transform wood into a high-performance structured material (Mass Timber) is accelerating, capable of replacing concrete and steel. Historically led by countries with a forestry tradition like Japan, Canada, the United States, and Alpine nations, this methodology already exists in Colombia but is not consolidated. The largest urban timber building is the 4-story M-experimental block. The Cocun project wants to take the next step with a 5-story urban building in a timber structure.
CASA / CCCS
Seal of the Colombian Council for Sustainable Construction — direct access to preferential green credit rates.
Law 1715
Tax benefits and incentive lines for the use of low-impact materials and CO₂ sequestering in buildings.
Net-Zero Operation
Highly insulated superstructure combined with solar panels for a minimal operating energy footprint.
Architectural program
Inside the building
Optimized hotel micro-living: 20 units, complementary services for business or leisure travelers, and common spaces that activate the urban street.
Net-zero rooftop
Communal area with terrace and **solar panels** to supply operational lighting needs.
Rooms
5 simple suites (20 m²) + 15 fully-equipped studio apartments (25 m²) · 4 units per typical floor made of Glulam.
Active ground floor
**Café and Reception** spatially connected to the street to foster neighborhood life.
Service areas
Equipped laundry, vending machines, and operational technical rooms 24/7.
Access and Service Plans (ARQ01)
Semi-basement and Entrance Lobby/Café · Scale 1:50
Room and Rooftop Plans (ARQ02)
Typical Floor Plan (Floors 2 to 5) and Rooftop · Scale 1:50
Hotel operation
Nabilera operates — you share in profits
The investor does not manage guests or lease agreements: Nabilera consolidates the monthly revenues of the 20 rooms and distributes net profits according to participation.
- Dynamic income: automated rates based on demand, OTA optimization (Booking, Airbnb, Despegar), and direct bookings from the corporate network.
- Premium Service: daily cleaning, immediate maintenance of engineered wood, and integrated gastronomic offering (Café/Restaurant).
- Experienced Operator: backed by Nabilera in urban hotel management and optimization of operational flows in Bogotá.
No risk of individual vacancy: vacancy is diluted in the global pool of 20 rooms. Centralized collections and monthly net profits distributed directly to your accounts.
Development horizon
Timeline — 24 months until opening
Design in BIM and urban licensing first; simultaneous fiduciary pre-sale; accelerated hybrid construction with Glulam prefabrication; operational delivery to Nabilera in month 24. Optimistic estimate of the sales period, which is uncertain and critical.
Roadmap
Next steps of the project
Cocun progresses through structured phases. Each step requires consolidating technical deliverables before committing the subsequent capital tranche.
Letter of intent
Formalization of pre-agreement and conditions with the owners of the lot, establishing guarantees if the contribution is not consolidated.
Technical studies
Soil studies, preliminary topography, and architectural capacity. Initial capital for basic technical validations.
BIM Design + BEP
Coordinated Speckle-Odoo modeling. Definition of final construction budget and BIM Execution Plan (BEP).
Fiduciary pre-sale
Opening of pre-sale and placement of fiduciary rights (FIDIS). The break-even point (30% pre-sale) triggers the start of construction.
Assembly and Grand Opening
Rapid assembly of the engineered wood superstructure, interior finishes, and final delivery to the operator.
Would you like to review the financial structuring in depth? We have published the detailed budget for PEM/PEC, management, and auditing costs on our Cocun structuring and costs blog.
Value chain
Industrial network and project allies
Timber design, structural supply, interior outfitting, and sustainable impact certification: each ally integrates the value chain of this construction landmark.
Design & BIM Coordination
Structure & Industrial Components
Experience, Outfitting & Sustainability
Operation, Management & Transparency
Build to Rent Model
Invest · Build · Operate · Participate
You provide pre-construction capital; we execute the industrialized work under technical auditing; Nabilera operates commercially, and you receive monthly profits.
Invest
Acquire proportional shares in the trust. Pre-sale prices starting from $10 MM/m² calculated over 950 m² sellable.
Builds
Madebloque leads construction; Polok SAS audits and validates progress; and the trust independently administers disbursements.
Operates
Nabilera assumes complete hotel administration, including reservations, dynamic rates, housekeeping, and the commercial dining area.
Participate
The trust distributes net profits calculated monthly proportionally, directly to your bank account.
Delve deeper
Technical and legal context of the ecosystem
We believe in informed decisions based on real technical data. This page details the Cocun product; to analyze the legal, construction, and ecological fundamentals, visit our specialized blog.