BR Properties sells its office-management subsidiary, BRPR A Administradora de Ativos Imobiliários Ltda., to CBRE for **R$1.65 million reais**. The transaction receives approval from Brazil’s antitrust regulator, CADE. The deal consolidates CBRE’s presence in Brazil’s commercial real estate services sector.
Slabs Investimentos Ltda finalizes the acquisition of BR Properties S.A. through a voluntary public offering auction held on April 10, 2023. The transaction secures control of the company, following the fulfillment of prior conditions. Slabs is part of the GPIC group, LLC.
GP Investments completes a public acquisition offer (OPA) and secures 90% ownership of BR Properties. The Brazilian real estate company confirms the transaction was finalized successfully. The deal strengthens GP Investments' presence in the commercial real estate sector.
GP Investments proposes a tender offer to acquire up to 100% of BR Properties’ shares, subject to shareholder approval of a capital reduction. The move follows GP’s strategic interest in consolidating its real estate portfolio in Brazil.
