Announced
Financials
Sources
Tags
Private Equity
Pending
Cross Border
Friendly
Majority
Single Bidder
Brazil
Private
Acquisition
corporate real estate
Commercial REITs
Synopsis
Brookfield Asset Management, a private equity firm, agreed to acquire 12 corporate properties of BR Properties for $1.2bn. This transaction includes iconic projects in the Brazilian corporate market, such as Parque da Cidade and Complexo JK, in São Paulo and Edifício Ventura, in Rio de Janeiro. In total, 380 thousand m² of corporate property area were negotiated.
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