(Tech Crunch) Latin American real estate and jobs classifieds company, Navent, has announced it’s raised US$30 million in Series B funding from global technology private equity firm Riverwood Capital and global internet investor Tiger Global Management, also a controlling shareholder of the company. Read more
Latin America’s Navent Raises US$30M From Riverwood Capital, Tiger Global To Bolster Regional Online
Advance Real Estate Announces US$250 Million of New Equity Capital for Mexican Industrial Property Expansion
(Press Release) Advance Real Estate, an industrial property developer in Central Mexico, announced today US$250 million in new equity capital to expand its portfolio. The equity comes from an asset-level joint venture with one of Canada’s largest pension funds and will support the development of 800,000 square meters (approximately 8.4 million square feet) of new gross leasable area. This investment follows on the October 2013 entity-level investment from Equity International (EI), the Chicago-based institutional real estate investment company led by Sam Zell and Tom Heneghan. Read more
Canada Pension Plan Investment Board said on Wednesday it will open an office in São Paulo in April, intent on boosting real estate and infrastructure investments in the region even as money is flowing out of emerging markets. Read more
(Valor) The British firm Salamanca Group, specializing in risk management and investments, closed an association with the South African logistics company Grindrod to invest in logistics and real estate projects in Brazil. Each partner will have 50% of the business, which will involve investments of U$ 250 million over a period of up to two years. Read more at Valor.