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This Monday (1), the real estate investment fund TRX Real Estate (TRXF11) announced, through material facts, the signing of two purchase and sale agreements with Grupo LGN for the acquisition of two shopping centers: 100% of Via Brasil Pampulha and 50% of ViaShopping Barreiro.
The combined amount of the two transactions is R$ 257.7 million, with R$ 170 million allocated to the Barreiro asset and R$ 87.5 million for the Pampulha property. The stabilized cap rate estimated by SiiLA’s data and research team is 6.97% for Via Brasil Pampulha and 7.34% for ViaShopping Barreiro.
When contacted for statements, the communication teams from both the buyer and seller did not comment.
According to the disclosed information, the contract is expected to be concluded by December 12 of this year. The payment of the asset will be made in full on that date through the offsetting of credits that the fund has against assignees of the seller.
ViaShopping Barreiro is a Class C development with a gross leasable area (GLA) of 62.3 thousand m². It has approximately 160 stores, of which the fund will receive 50% of rent revenues after the transaction is completed.
In this case, the transaction amount will also be paid in full on the closing date, following the same deadline as the previously mentioned contract.
The Class C asset has a GLA of 12 thousand m², 400 uncovered parking spaces, and approximately 110 stores. The main tenants include O Boticário, Americanas, Sport Hall, and CVC.











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