Sura buys stake in Chilean real estate developer

Sura buys stake in Chilean real estate developer

Corporate & Sovereign Strategy M&A Asset Management Latin America Andean South America Chile Colombia

The Chilean asset management division of Colombian financial services firm Grupo Sura said it has acquired a 50% stake in Prologistika, which has a stake in a $60 million real estate development in Chile. Administradora General de Fondos Sura did not provide the financial details of the deal in a securities filing. The acquisition gives Sura 100% of Inmobiliaria y Constructora Chorrillos, which is building the Chorrillos industrial center in Lampa, a rural region outside Santiago. The project in

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