LAVCA distributes the latest PE/VC activity in Latin America via its proprietary publications, the LAVCA Private Capital Update and the LatAm Venture Bulletin.
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e.bricks Ventures made undisclosed investments in Avenue, a Brazilian investment brokerage bridging US opportunities with Latin American clients; and bro., a Brazilian digital platform for consórcio consumer financing. (Press Release)…
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DOMO Invest made a R$3m investment in Bloxs Investimentos, a Brazilian equity crowdfunding platform focused on real estate investments. (Press Release) Fintech de investimentos alternativos recebe aporte de 3 mi da…
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DOMO Invest led a R$6m investment in IOUU, a lending marketplace for Brazilian small businesses, with participation from Indicator Capital and Devas Invest. (Contxto) IOU. An acronym nobody likes to…
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Redpoint eventures led a US$4m seed investment in Kzas, a Brazilian proptech platform matching residential sellers and buyers. (Press Release) Proptech Kzas creates a new “real estate marketplace” concept that…
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Bertelsmann Investments and Source Code Capital led a US$10m Series A in Stori, a Mexican digital bank, with follow-on from Vision Plus Capital. (Finsmes) Stori, a Mexico-based digital bank, raised…
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Involves, a Brazilian trade marketing software platform, raised R$23.5m from Bridge One Investimentos. This is the company’s first disclosed external financing. (Startupi) A Involves, empresa de tecnologia que desenvolve soluções…
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By executive decree, COFIDE will administer a fund to invest ~US$21m in Peruvian VC funds. (Gestión) Hoy, el Estado peruano, a través del Decreto de Urgencia que promueve el financiamiento…
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Cedro Capital invested R$2.5m in Portal de Compras Públicas, a Brazilian platform for public procurement purchases. (Startupi) O Portal de Compras Públicas, startup do Distrito Federal especializada em pregão eletrônico…
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H.I.G. Capital-backed Eletromidia, a Brazilian advertising platform acquired Victoria Capital’s Elemidia. This transaction represented an exit for Victoria Capital. (Valor Econômico) A Eletromidia e a Elemidia, segunda e terceira maiores…
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Chilean payments platform Global 66 raised US$3.25m from Venrex Investment Management, with participation from angels Mario Solari (Genesis Management) and Will Armitage. (LatAm List) Global 66, a Chilean fintech, raised…
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Angel Ventures led an undisclosed investment in Decifra, a Mexican SaaS platform focused on geospacial analytics. (Contxto) You know I’m no realtor but their mantra is usually true: location, location,…
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Unbox Capital led a US$40m Series B round in Solinftec, a Brazilian agtech. Also included in the round was US$20m agri asset-backed debt, led by Itaú BBA and Gaia Securitizations…
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Iporanga Ventures led an undisclosed investment in Stark Bank, a Brazilian B2B payments processing platform founded by Rafael Stark. Clients include Rappi, Rebel and others. (Contxto) Stark Bank—a fintech startup…
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Moons, a Mexico-based orthodontics startup, raised US$5m from Jaguar Ventures, Foundation Capital, Tuesday Capital, and others. (TechCrunch) Moons, a Mexico City-based startup that’s angling to be the Invisalign for the…
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Grupo IGS acquired the South Park Complex in Mexico. The amount of the transaction was undisclosed. (Investing.com) Grupo Desarrollador IGS, un fondo de inversión especializado en bienes raíces y propietaria…
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Smart Money Ventures led a R$3m investment in Gama Academy, a Brazilian edtech focused on professional training in programming, design, marketing and sales. (Startupi) A Gama Academy, startup de educação…
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In 2019, monashees led a R$20m seed investment in Yuca, a Brazilian rental services startup, with participation from ONEVC, Creditas, and others. (Brazil Journal) Uns dirão que o negócio da…
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Vinci Shopping Centers Real Estate Investment fund, administered by Vinci Partners raised R$480m via an offering on the Brazilian stock exchange. (Money Times) A Vinci Partners divulgou ao mercado o…
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Alta Growth Capital and Northgate Capital acquired a majority equity interest in USK Urresko Holding, a Mexican manufacturer of heavy trucks. The amount of the transaction was undisclosed. (Amexcap) Northgate…
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SoftBank led a US$125m Series B in AlphaCredit, a Mexican lender to individuals and SMBs in Mexico and Colombia. This is the company’s first disclosed financing. AlphaCredit has disbursed over…
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Barn Investimentos led a ~US$1.5m investment in Avicanna, a Colombian-Canadian biopharma startup developing sustainable plant-based derived cannabinoid medicinal products. (Press Release) /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR…
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e.bricks Ventures invested R$40m in Acesso Digital, a Brazilian digital identity and facial recognition company. This is the company’s first disclosed financing. (Valor Econômico) Acesso Digital has self-financed its growth…
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Capital Lab led a R$3m investment in Atomic Agro, a Brazilian agtech productivity platform for small-scale producers. (Startupi) A Atomic Agro, startup que oferece soluções para pequenos e médios produtores…
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Angel Ventures led a US$415k investment in Rebus, A Colombian event tech startup, with participation from Magma Partners, Enlaces, Quake Capital, Avalancha Ventures and angels. Rebus, founded by Juliana Villalba…
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OmniChat, a Brazilian sales facilitation platform that runs on WhatsApp, raised R$1-2m from Honey Island Capital (formerly Hi Capital), a seed investment firm run by EBANX founders. (Globo) O WhatsApp…
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H.I.G. Capital-backed Eletromidia, a Brazilian advertising platform acquired Victoria Capital’s Elemidia. This transaction represented an exit for Victoria Capital. (Valor Econômico) A Eletromidia e a Elemidia, segunda e terceira maiores…
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Alta Growth Capital and Northgate Capital acquired a majority equity interest in USK Urresko Holding, a Mexican manufacturer of heavy trucks. The amount of the transaction was undisclosed. (Amexcap) Northgate…
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Perfin Apollo Energia Investment Fund in Participations in Infrastructure (PFIN11) raised R$1b to invest in the electricity transmission sector. The Brazilian stock market-listed FIP’s portfolio consists of six power transmission…
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Nexxus Capital has appointed Christianne Ibañez as head of Investor Relations. (Press Release) Nexxus has appointed Christianne Ibañez as head of Investor Relations. Ibañez has extensive experience in the financial…
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Mexico’s Promecap Capital launched its third CKD for US$320m on the Mexican Stock Exchange. (Amexcap) El pasado miércoles 15 de enero, Promecap Capital de Desarrollo, S.A. de C.V. (“Promecap”) emitió…
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Private Equity firm Denham Capital, through its international power fund, committed US$250m to Ceiba Energy, which is an owner, developer and operator of renewable energy and natural gas assets in…
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Kue Capital via its IDK Capital fund led the acquisition of a port trailer services concession in Manzanillo, Mexico. IDK Capital carried out this acquisition together with a group of…
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Brazilian food production company Alnutry Alimentos a portfolio company of Brazilian private equity firm Stratus Group, completed the acquisition of competitor Hikari Indústria e Comércio. Financial details of the transaction…
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Riverwood Capital announced the promotion of Harish Belur, Joaquim Lima, and Scott Ransenberg to Partner. (Press Release) Riverwood Capital, a private equity firm that invests in high-growth, middle-market companies in…
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GEF Capital Partners exited AGV Logística Saúde through a sale to Solistica, FEMSA’s logistics subsidiary. AGV is a Brazil based logistics and distribution company that specializes in animal and human…
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Victoria Capital Partners and the International Finance Corporation (IFC) exited publicly listed student loan provider Pravaler by selling their remaining shares to Itaú Unibanco. Financial terms of the transaction were…
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Patria Investimentos acquired CART (Concessionária Auto Raposo Tavares), a highway concession which controls 834km of roads in Brazil. Financial terms of the transaction were undisclosed but Patria plans to invest…
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Private Equity fund Australis Partners agreed to a follow-on investment of US$18.4m in Reve Group, which owns Colombian supermarket chain Justo & Bueno and coffee shop chain Tostao. This investment…
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Goldman Sachs will exit Brazilian telecommunications infrastructure company Cell Site Solutions (CSS) in a sale to African telecommunications conglomerate IHS Towers, which is expanding into Latin America. Financial terms of…
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Real estate credit marketplace Melhortaxa raised ~R$4.5m from the private equity arm of Goldman Sachs at a reported valuation of R$100m. This is Goldman’s third investment in Melhortaxa through Holding…
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BlackRock listed a Cerpi on the Mexican BMV to raise US$68.8m. The Cerpi will be raised in seven different series which will invest in real estate, infrastructure, and energy amongst…
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Brazilian PE firm Oria Capital completed a US$54m follow on investment in Brazilian company Zenvia Mobile Serviços Digitais, a provider of digital customer communications platforms. (WSJ) Brazilian private-equity firm Oria…
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Advent International acquired auto parts retailer Rondobras in an add-on acquisition. Rondobras will be absorbed by Fortbras, an auto parts maker Advent acquired in 2016. Financial details of the transaction…
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Private equity funds the Global Environment Fund (GEF) and Performa Investimentos will exit Tecverde Engenharia, in a sale to E2E a Chile based joint venture between Etex and Arauco. Tecverde…
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Bain Capital continued its gradual investment drawdown in Brazilian medical conglomerate Notre Dame Intermedica through a follow-on share offering. Bain Capital sold 22.8m shares in a partial exit valued at…
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Patria Investimentos exited Highline do Brasil through a sale to Digital Colony, Colony Capital’s digital infrastructure investment platform. Highline is a holding company created by Patria which controls wireless telecommunication…
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CVC Capital Partners announced the acquisition of Hermes, a Peruvian cash management and security company, for US$270m. This is CVC’s second transaction in LatAm. (Brazil Journal) Em sua segunda transação…
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IG4 Capital of Brazil has signed an agreement to purchase Graña y Montero (G&M), one of Peru’s largest infrastructure groups. (Valor Econômico) A gestora brasileira de private equity IG4 Capital,…
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Chu Kong a former partner at Actis joined XP Investimentos to aid in their launch of a R$1.25b private equity fund targeting mid-sized Brazilian companies. (Reuters) Brazilian investment firm XP…
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CPPIB took a 12.4% stake in Brazilian gym chain Smart Fit for R$1.07b. (Press Release) Canada Pension Plan Investment Board (“CPPIB”) has invested R$1,071 million (C$340 million) for a 12.4%…
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e.bricks Ventures made undisclosed investments in Avenue, a Brazilian investment brokerage bridging US opportunities with Latin American clients; and bro., a Brazilian digital platform for consórcio consumer financing. (Press Release)…
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DOMO Invest made a R$3m investment in Bloxs Investimentos, a Brazilian equity crowdfunding platform focused on real estate investments. (Press Release) Fintech de investimentos alternativos recebe aporte de 3 mi da…
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DOMO Invest led a R$6m investment in IOUU, a lending marketplace for Brazilian small businesses, with participation from Indicator Capital and Devas Invest. (Contxto) IOU. An acronym nobody likes to…
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Redpoint eventures led a US$4m seed investment in Kzas, a Brazilian proptech platform matching residential sellers and buyers. (Press Release) Proptech Kzas creates a new “real estate marketplace” concept that…
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Bertelsmann Investments and Source Code Capital led a US$10m Series A in Stori, a Mexican digital bank, with follow-on from Vision Plus Capital. (Finsmes) Stori, a Mexico-based digital bank, raised…
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Involves, a Brazilian trade marketing software platform, raised R$23.5m from Bridge One Investimentos. This is the company’s first disclosed external financing. (Startupi) A Involves, empresa de tecnologia que desenvolve soluções…
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By executive decree, COFIDE will administer a fund to invest ~US$21m in Peruvian VC funds. (Gestión) Hoy, el Estado peruano, a través del Decreto de Urgencia que promueve el financiamiento…
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Cedro Capital invested R$2.5m in Portal de Compras Públicas, a Brazilian platform for public procurement purchases. (Startupi) O Portal de Compras Públicas, startup do Distrito Federal especializada em pregão eletrônico…
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Chilean payments platform Global 66 raised US$3.25m from Venrex Investment Management, with participation from angels Mario Solari (Genesis Management) and Will Armitage. (LatAm List) Global 66, a Chilean fintech, raised…
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Angel Ventures led an undisclosed investment in Decifra, a Mexican SaaS platform focused on geospacial analytics. (Contxto) You know I’m no realtor but their mantra is usually true: location, location,…
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Unbox Capital led a US$40m Series B round in Solinftec, a Brazilian agtech. Also included in the round was US$20m agri asset-backed debt, led by Itaú BBA and Gaia Securitizations…
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Iporanga Ventures led an undisclosed investment in Stark Bank, a Brazilian B2B payments processing platform founded by Rafael Stark. Clients include Rappi, Rebel and others. (Contxto) Stark Bank—a fintech startup…
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Moons, a Mexico-based orthodontics startup, raised US$5m from Jaguar Ventures, Foundation Capital, Tuesday Capital, and others. (TechCrunch) Moons, a Mexico City-based startup that’s angling to be the Invisalign for the…
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Smart Money Ventures led a R$3m investment in Gama Academy, a Brazilian edtech focused on professional training in programming, design, marketing and sales. (Startupi) A Gama Academy, startup de educação…
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In 2019, monashees led a R$20m seed investment in Yuca, a Brazilian rental services startup, with participation from ONEVC, Creditas, and others. (Brazil Journal) Uns dirão que o negócio da…
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SoftBank led a US$125m Series B in AlphaCredit, a Mexican lender to individuals and SMBs in Mexico and Colombia. This is the company’s first disclosed financing. AlphaCredit has disbursed over…
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Barn Investimentos led a ~US$1.5m investment in Avicanna, a Colombian-Canadian biopharma startup developing sustainable plant-based derived cannabinoid medicinal products. (Press Release) /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR…
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e.bricks Ventures invested R$40m in Acesso Digital, a Brazilian digital identity and facial recognition company. This is the company’s first disclosed financing. (Valor Econômico) Acesso Digital has self-financed its growth…
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Capital Lab led a R$3m investment in Atomic Agro, a Brazilian agtech productivity platform for small-scale producers. (Startupi) A Atomic Agro, startup que oferece soluções para pequenos e médios produtores…
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Angel Ventures led a US$415k investment in Rebus, A Colombian event tech startup, with participation from Magma Partners, Enlaces, Quake Capital, Avalancha Ventures and angels. Rebus, founded by Juliana Villalba…
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OmniChat, a Brazilian sales facilitation platform that runs on WhatsApp, raised R$1-2m from Honey Island Capital (formerly Hi Capital), a seed investment firm run by EBANX founders. (Globo) O WhatsApp…
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Astella Investimentos led an undisclosed investment in Grão (formerly Diin), a savings app for low-income Brazilians, with participation from Vox Capital and Domo Invest. Grão, co-founded by Monica Saccarelli and…
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Brazilian VC Positive Ventures raised US$4.8m towards a US$12m target. Investments from the new fund include Labi and Letrus. (CrunchBase) Positive Ventures, a Sao Paulo-based venture firm operating in stealth…
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Redwood Ventures led an undisclosed seed investment in Genius Foods, a Mexican foodtech focused on extending the shelf life of food products. (Amexcap) Redwood Ventures lideró la ronda semilla de…
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banco BV (formerly Banco Votorantim) led a R$25m investment in Olivia, a California-based personal finance app, to fund expansion into Brazil. Olivia was founded by Brazilians Cristiano Oliveira and Lucas…
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Grupo IGS acquired the South Park Complex in Mexico. The amount of the transaction was undisclosed. (Investing.com) Grupo Desarrollador IGS, un fondo de inversión especializado en bienes raíces y propietaria…
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Vinci Shopping Centers Real Estate Investment fund, administered by Vinci Partners raised R$480m via an offering on the Brazilian stock exchange. (Money Times) A Vinci Partners divulgou ao mercado o…
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Patria Investimentos to acquire real estate asset for R$ 27.5m of the building Vila Olimpia Corporate. (Money Times) A Pátria Investimentos e o Modal, respectivamente nas funções de gestora e…
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Real estate credit marketplace Melhortaxa raised ~R$4.5m from the private equity arm of Goldman Sachs at a reported valuation of R$100m. This is Goldman’s third investment in Melhortaxa through Holding…
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Brazilian proptech Loft raised a R$216m Fundo de Investimento Imobiliário (FII) fund to finance the purchase of ~1,200 properties over the next two years. The fund was distributed by Credit…
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Cyrela and CPPIB’s joint venture bought two towers in the JK Iguatemi Complex in São Paulo for R$1.05b. One of the towers is the headquarters of Amazon Brazil. (Brazil Journal)…
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Chilean-Colombian financial firm Avante Financial Group acquired two retirement facilities in Santiago, from Ambar Residence Group for ~US$35.5m. (Press Release) Avante Financial Group, a Chilean-Colombian private equity firm, on the…
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Mexican industrial real estate developer Finsa plans to launch its third CKD on the Mexican stock exchange next year hoping to raise MXN$10b. (El Economista) La desarrolladora inmobiliaria anunció ayer…
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Walton Street Capital investment fund and Fibra Uno acquired a portfolio of 74 industrial buildings for US$841m developed by Finsa in Mexico. (El Financiero) Fibra Uno concretó la compra inmobiliaria…
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Canada Pension Plan Investment Board (CPPIB) and Cyrela Brazil Realty will create a joint venture to invest R$1b to develop a portfolio of residential properties in the southeast region of…
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CDPQ’s Brazilian affiliate Ancar Ivanhoe sold a 45% stake in Natal Shopping, a shopping mall in Natal to a real estate fund controlled by XP Investimentos. Ancar Invanhoe will retain…
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BR Properties agrees to purchase 50% stake of Faria Lima 4440 building in São Paulo for R$310.7m. BR also announced the purchase of Parque da Cidade Condominium project for R$766m.…
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BR Properties acquired two multiuse condominium properties still under development from Hemisferio Sul Investimentos. The transaction transferred a 100% stake in Corporate Tower B2 – Paineira and a 30% stake…
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US Fund manager Global Asset Capital acquired a minority stake in Brazilian real estate developer Árbore Engenharia. Financial terms of the deal were undisclosed. (LexLatin) La compañía de capital privado…
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Vinci Shopping Centers Real Estate Investment Fund administered by Vinci Partners acquired a 100% stake in shopping mall Prudenshopping in São Paulo for R$199.7m. (N Plus) Em um comunicado de…
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Patria Investimentos has announced the acquisition of commercial buildings Vila Olimpia Corporate Building through FII, Its Real Estate Investment Fund. (Investimentos e Notícias) A Modal Distribuidora de Títulos e Valores…
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Blackstone sold BRE Point, two Brazilian logistics and industrial properties located in the state of São Paulo, to CSHG Logística, a Brazilian fund managed by Credit Suisse Hedging-Griffo Corretora de…
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Mexican industrial real estate firm Advance Real Estate has received US$314m from MetLife for the acquisition and recapitalization of a Mexican industrial portfolio. The newly acquired portfolio comprises 57 Class…
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Brazil Hospitality Group (BHG) signed an agreement to acquire a 76% stake in Novotel São Paulo Berrin. The Hotel opened in August 2018 and offers 209 rooms. Financial terms of…
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Tishman Speyer announced that mining company Vale will anchor the firm’s recently-completed Concórdia Corporate office property in Belo Horizonte, Brazil. Vale has signed a lease for approximately 175,000 square feet…
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Jamaican real estate and private equity firm First Rock Capital executed a US$3m deal in the Cayman Islands for a luxury residential development in the West Bay area. (Jamaica Observer)…
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BR Malls acquired an additional 25.5% stake in Shopping Iguatemi Caxias do Sul, a shopping mall in Rio Grande do Sul. BR Malls now has a 71% stake in the…
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BR Malls, Brazil’s largest mall operator, has signed an agreement to sell seven of its malls to a real estate fund controlled by BTG Pactual for US$184m. (Yahoo Finance) BR…
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Abu Dhabi Investment Authority (ADIA)’s real estate team stated that it will continue to seek out opportunities in Latin America. Middle Eastern sovereign wealth funds continue expanding real estate portfolios…
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Real Estate investor Paladin Realty Partners is preparing to list a CERPI for MXN$4b on the BMV. The proceeds will be invested in housing projects, offices, hospitals, and shopping centers…