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BTLG11 Fund Acquires Three Properties in a Million-Dollar Transaction

  • The BTG Pactual fund announced, in a relevant fact, an operation worth more than R$ 700 million (US$ 143 million)
André Santos Esteves, president of BTG Pactual
André Santos Esteves, president of BTG Pactual
By: SiiLA News
11/29/2023

In a relevant fact, the BTG Pactual Logística fund (BTLG11) announced a R$ 760 million (US$ 143 million, approximately*) investment in the acquisition of three industrial properties. The officially disclosed information states that the developments are in São Paulo but does not specify the city or region.

Sources close to the matter report that the assets in question belong to GLP, a global developer of industrial properties that recently also had its name linked to a possible sale of 11 assets to Brookfield – however, the transaction has not been confirmed by the parties.

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