Private Equity Funds Finding Value in Battered Brazilian Stocks
Like many stock markets around the world, Brazilian equities got crushed by surging global interest rates.
Source: themiddlemarket.com
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BR, Time Projects partner to build the long awaited mall in Francistown
Botswana Railways (BR) through its subsidiary, Botswana Railways (BR) Property last week signed an agreement with Time Projects Botswana, a property
Source: sundaystandard.info
BR Properties buys commercial real estate
BR Properties buys commercial real estate BR Properties buys commercial real estate Brazilian real estate developer paid $160 mln for commercial real estate assets in São Paulo Corporate & Sovereign StrategyEquityM&ABrazilLatin America Brazilian real estate developer BR Properties said late Wednesday it closed the BRL832 million ($160 million) acquisition of stakes in two commercial real estate properties in São Paulo from real estate investment fund Hemisfério Sul Investimentos. BR Properties acquired 100% of Torre Corporativa B2 Paineira and a 30% stake i...
Source: latinfinance.com
Brazil's BR Properties acquires tower for $131 million
By Reuters Staff 1 Min Read RIO DE JANEIRO, Dec 16 (Reuters) - BR Properties SA , Brazil’s largest commercial real estate firm, has agreed to purchase a tower in Sao Paulo for 664 million reais ($131 million), the company said in a Wednesday securities filing. The tower, named Torre Corporativa B1 – Aroeira, is part of a larger commercial-residential mixed use development dubbed Parque da Cidade. The seller is a local real estate investment trust, BR Properties said. $1 = 5.08 reais Reporting by Gram Slattery Editing by Chris Reese
Source: reuters.com