15.11.2012 - Brazil's 'go-go' real estate days over
Hemisferio Sul Investimentos, which recently agreed to sell industrial and logistics properties in Brazil for three billion Brazilian reais ($1.5 billion), said Wednesday that the days of easy real-estate deals in the country are over. HSI, as the Brazil-based real estate private-equity firm is known, on Wednesday said it agreed to sell industrial and logistics assets to Global Logistic Properties Ltd. , a warehouse operator partly owned by the Government of Singapore Investment Corp. The sale includes 35 developments spread through 10 Brazilian states and serving a variety of clients, said Maximo Lima, a founding partner of HSI, in an interview...............................................Full Article: Source
Print