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Gafisa vende sua participação no Fasano Itaim
- This week, the company's shares had already closed higher, up 27.2% at R$ 8.00.
By: SiiLA News
12/30/2022 Construction and
development company Gafisa announced yesterday evening that it has signed an
agreement to sell 80% of its investment in the Fasano Itaim project, as well as
the hotel operations, for R$ 330 million, which includes R$ 246.6 million in
debt.
"This transaction demonstrates Gafisa Propriedades' ability to
restructure assets and generate value for Gafisa shareholders by investing in
high-yield projects," the company said last Thursday.
The completion of
this transaction is still subject to certain conditions, such as the
reorganization of Gafisa Propriedades (a subsidiary of the company) for the
transfer of assets covered by the contract.
This week, the company's shares had
already closed higher, up 27.2% at R$ 8.00.
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