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VBI Real Estate Expands Management Portfolio with Four New Funds from BlueMacaw! Learn More About Their Funds

  • One of the REITs holds a portion of the iconic Pátio Victor Malzoni building on Faria Lima.
Pátio Victor Malzoni
Pátio Victor Malzoni
By: SiiLA News
05/29/2023

VBI, a Brazil-focused real estate management firm, has revealed its latest acquisition of four Brazilian real estate investment funds previously under the management of the BlueMacaw Group - BLMO, BLCA, BLMR and BLMC. This strategic move expands VBI's portfolio of listed funds by eight, bringing the total number of funds under VBI's management to twelve. With a combined asset value of approximately R$6.9 billion (USD$ 1.38B), this acquisition marks a significant milestone for VBI in its pursuit of expanding its investment footprint in Brazil's real estate market.

VBI's latest acquisition includes the BLCA fund, which now falls under the company's management. BLCA owns a 35.35% stake in the North Tower of Pátio Victor Malzoni, the iconic building housing Google's headquarters in Brazil. The tower has a total private area of 22,291 square meters and is rated as an A+ asset by Market Analytics, making it a valuable addition to VBI's portfolio.

In addition to BLCA, VBI has also taken control of the BLMO fund, which owns a 25.74% stake in the West Tower of CENU - Centro Empresarial Nações Unidas in São Paulo's Berrini submarket. The remaining two funds acquired from BlueMacaw Group are BLMR, a fund-of-funds investing in shares of other funds, and BLMC, which invests in Real Estate Receivables Certificates (CRI), providing investors with a credit right.

According to VBI's management, investors in the acquired funds can expect to benefit from the company's management structure, providing access to essential resources such as talent recruitment and retention, compensation negotiation, tenant relations, and various other tools. This positions VBI well to continue expanding its investment footprint in Brazil's real estate market, aided by its recent acquisition of four Brazilian real estate investment funds and partnership with Pátria Investimentos.

VBI's acquisition of the four Brazilian real estate investment funds adds to the firm's existing portfolio of eight listed funds. These investments span across logistics, industrial, office, and essential goods and services properties, showcasing VBI's ongoing efforts to expand its investment footprint in Brazil's real estate market.

The Brazilian real estate market is constantly evolving, presenting new investment opportunities on a regular basis. To help investors make well-informed decisions, SiiLA offers comprehensive solutions that provide detailed insights into the real estate market. By leveraging the company's platform, investors can gain a competitive edge and confidently navigate the dynamic market. With our comprehensive data and analytics, investors can make informed investment decisions and maximize their returns. SiiLA is commited to provide valuable insights to investors which makes it an essential resource for those seeking success in the Brazilian real estate market. Learn more about our solutions!


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