February 18, 2020 · News
SÃO PAULO – February 17, 2020 – Cerberus Capital Management, L.P. and its affiliates (“Cerberus”), a global leader in alternative investing, today announced the acquisition of 12 office buildings in Brazil from BR Properties, the largest publicly traded office building owner in Brazil. The portfolio includes seven properties in São Paulo and five properties in Rio de Janeiro. The transaction, which was completed in December of last year, is valued at over $R600 million.