GIC, Barzel Properties acquire nine Carrefour Brazil assets
GIC says Barzel Properties will ensure “a stable, long-term revenue stream through a rental agreement, adjusted annually for inflation”.
Source: asiaasset.com
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Singapore's GIC acquires nine Carrefour assets in Brazil for $241m
Singapore's state investor GIC announced that it has partnered with Barzel Properties to acquire nine Carrefour assets in Brazil for about $241 million.
Source: dealstreetasia.com
GIC and Barzel Properties Buy Assets of R$ 1.2 billion From Carrefour Brazil Group
GIC Private Limited has teamed up with real estate firm Barzel Properties to acquire five distribution centers and four retail stores through a sale-leaseback contract with Carrefour Brazil Group. The deal was valued at R$ 1.2 billion. Barzel Properties will maintain the revenue stream through an inflation-adjusted rental agreement. “We are thrilled to complete the…
Source: swfinstitute.org
Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO (Reuters) - Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale of five distribution centers and five stores for 1.3 billion reais ($259.83 million). | 06:47pm
Source: marketscreener.com
Carrefour Brazil To Sell Some Stores And Distribution Centres
Carrefour Brazil has entered into exclusive negotiations with real estate investment and management company, Barzel Properties, for the sale of five distributio...
Source: esmmagazine.com