Jaguar buys Brazilian real estate

Jaguar buys Brazilian real estate

M&A Corporate & Sovereign Strategy Funds Brazil

Jaguar Growth Partners said it has bought a stake in the Brazilian industrial real estate company Bresco. Jaguar did not disclose the size of the stake but said it was a "significant minority investment." Bresco said Jaguar will make an initial investment of BRL300m ($79.8m) but did not say how much it will own in the Brazilian firm. Bresco plans to invest $500m over the next few years, Jaguar said in a statement. The company 523,000 square meters in its BRL2bn real estate portfolio, leased to t

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial