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Pátria agrees to purchase VBI manager and reinforces operations in real estate funds

  • The business values are being kept confidential. 
Pátria agrees to purchase VBI management company and reinforces operations in real estate funds
Pátria agrees to purchase VBI management company and reinforces operations in real estate funds
By: SiiLA News
06/09/2022
Pátria Investimentos (PAX) will announce in the coming days the acquisition of VBI Real Estate, one of the main real estate asset managers in the country, according to Bloomberg Línea, with people with knowledge of the matter. With the deal, it will strengthen its position in the FIIs (real estate investment funds) market at a time when most asset class categories have been heavily penalized by the successive hikes in the basic interest rate.

The business values are being kept confidential. VBI currently has R$5.7 billion under management and controls real estate projects in 18 states.


Source: Bloomberg

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