Brazilian Retailer GPA to Sell up to 17 Properties to GIC-Supported Entity

Posted on 03/01/2022


Brazilian retailer Companhia Brasileira de Distribuição (GPA) has reached a deal to sell up to 17 of its properties to investment fund Barzel Properties for about 1.2 billion BRL (US$ 238,261,200), it said in a securities filing on Feb 25, 2022. According to GPA, the properties will then be rented by cash and carry chain […]

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