Brookfield, BTG Pactual pen asset swap

Brookfield, BTG Pactual pen asset swap

M&A Funds Brazil

Brookfield Asset Management has agreed to buy a property portfolio from BTG Pactual's real estate investment fund for BRL1.3bn ($398m), according to documents from the Brazilian financial services company. The Canadian investor picks up the following assets from BTG:- 100% of Edificio Torre Almirante- 100% of Edificio Flamengo- 100% of Edificio Morumbi- 75% of Edificio Brazilian Financial Center and- 51% of Edificio Eldorado Business Tower Average vacancy across these buildings was 31.3% at th

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