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Gic And Barzel Properties Buy Assets Of R$ 1.2 Billion From Carrefour Brazil Group
Posted on: Aug. 17, 2023, 6:31 p.m.
GIC Private Limited has teamed up with real estate firm Barzel Properties to acquire five distribution centers and four retail stores through a sale-leaseback contract with Carrefour Brazil Group. The deal was valued at R$ 1.2 billion. Barzel Properties will maintain the revenue stream through an inflation-adjusted rental agreement. “We are thrilled to complete the… Full investment news article
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12 Must Reads For Real Estate Investors (aug. 18, 2023)
Posted on: Aug. 17, 2023, 6:01 p.m.
Norway’s sovereign wealth fund said it remains committed to commercial real estate investment, reported Bloomberg. Crain’s New York Business looked at a new bill under consideration in New York state that would make it easier to determine the owners behind LLCs. These are among the must reads from around the real estate investment world to end the week. Full investment news article