Homeland Investmentos has announced Thursday the acquisition of six brilliant real estate investment funds for investments, which will add about 2.5 billion dollars in activity under their management at the real estate wallet.
With the operation, which has not disclosed its amounts, the homeland reported that its real estate portfolio will reach about 26 billion dollars in managed activities.
“This movement is an important step and further strengthens the portfolio of FII of the homeland,” said the partner and head of the real estate sector do Patria in Brazil, Rodrigo Abbud, in a press release.
The completion of the transaction is still subject to the approval of the Administrative Council for Economic Defense (falls) and the respective assemblies of the FII shareholders, according to the director.
The funds involved are Mall11 (Malls), BPFF11 (FOF), PLCR11 (CRIS), SPTW11 (Offices), Glog11 (Logistics), PLCA11 (CRA), for a total of almost 190,000 shares.
According to the executive president of the Genius Bank, André Schwartz, the transfer occurred in a “timely moment of consolidation of real estate managers”. According to him, the Resources Manager continues to manage a significant volume of $ 73 billion.
“The capital collected with this transaction will be reinvested in the development of our financial platform and other group activities,” added Schwartz to the joint declaration.
Source: Terra
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