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New Deal


Announced

Brookfield Asset Management to acquire 12 corporate properties of BR Properties for $1.2bn.

Financials

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Transaction Value£983m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Pending

Cross Border

Friendly

Majority

Single Bidder

Brazil

Private

Acquisition

corporate real estate

Commercial REITs

Synopsis

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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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