BR Properties Sees Buying Opportunities

BR Properties Sees Buying Opportunities

Brazil M&A

Brazil’s commercial real estate still has a lot of room for consolidation, Pedro Daltro, CFO of BR Properties tells LatinFinance. “We still see the sector as highly fragmented, and intend to keep growing through acquisition,” the official says. Commercial property is highly scalable, he says, and prices are generally still below the highs seen in 2007. The property developer and manager has been active in capital markets, closing a BRL236m domestic Certificados Recebiveis Imobilar

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