November 9, 2018 |
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
US investment management firm outlays $80m for a stake in Bresco