Supermarket group Mateus announced on Thursday the sale of four properties to real estate investment fund TRX Real Estate, according to a statement to the market, for a total value of 122.85 million reais.
The properties are located in Ceará, Maranhão and Pará. Three of them will be leased by the group with a “built to suit” modality and the other will be leased with a “sale and leaseback” contract, the company said. The leases will have a duration of 20 years.
“The total amount actually spent by the fund on the purchase of real estate will serve as the basis for defining the final value of monthly rents,” Grupo Mateus said.
Source: Terra
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