Grupo Cornélio Brennand has sold Boulevard Shopping Camaçari to Versen
Mayo 2024 — The shopping mall Boulevard Shopping Camaçari has been acquired by Versen.
Inaugurated in November 2015, Boulevard Shopping Camaçari is located in the Reserva Camassarys neighborhood in Camaçari, BA, a city with 309,000 inhabitants and an area of influence of over 500,000 people. The city is situated 50 km from Salvador and has the highest GDP per capita in the northeast. As the only shopping center in the city, it reaches an area of influence of 8,500 km², with several newly launched establishments nearby that will boost customer flow. The mall has a built area of 31,387 m² on a 70,015 m² plot, with 19,832 m² of gross leasable area (GLA) across two floors. It features a total of 69 operational stores, including seven anchor stores, one semi-anchor store, two megastores and 59 satellite stores, totaling 16,492 m² of leased GLA, equivalent to an 83.2% occupancy rate as of May 2022. The parking lot, managed by Indigo, offers 943 parking spaces.
Grupo Cornélio Brennand, established in 1917, has a rich history of over 100 years marked by continuous expansion and innovation. The company operates in key sectors of the Brazilian economy, including cement, flat glass production, renewable energy and real estate development. Known for its commitment to dynamism, integrity and excellence, the group has played a significant role in bringing internationally recognized technologies to Brazil. Its strategic focus on sustainable growth and social responsibility has made it a competitive and influential player in these industries, contributing to Brazil’s economic development and infrastructure modernization.
Versen owns and operates real estate assets in Brazil, such as shopping malls, warehouses and commercial buildings.
Nuestro papel en la transacción
Oaklins Fortezza Partners, based in Brazil, acted as the exclusive financial advisor to the sellers in this transaction.
Contáctese con el equipo de la transacción
Denis Morante
Oaklins Fortezza Partners
Transacciones relacionadas
Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Conozca másBerner Group has completed a US$23.4 million private credit financing
Berner Group has successfully closed a US$23.4 million secured private credit facility to fund the repositioning of a former rehabilitation clinic into a student housing scheme in the Rhine-Main region of Germany. The financing was provided by a private debt fund, and structured across three tranches to address the specific requirements of the transaction, including the refinancing of existing bank facilities, funding of capital expenditure and operating costs during lease-up and a conditional tranche linked to the completion of fire safety and remediation works. The deal was structured with a comprehensive security package comprising a first-ranking land charge, share pledge and subordination agreements with existing lenders. Approximately 1% cash equity was contributed by the sponsor, reflecting the strength of the underlying asset and business plan.
Conozca másNative Communities has been acquired by Greystar Real Estate Partners
Build-to-rent landlord Greystar Real Estate Partners has acquired Native Communities, a living sector and mixed-use management company, from Ares Real Estate. This acquisition strengthens Greystar’s third-party property management capabilities, accelerating its strategy to scale operations across key European markets. The combined business is uniquely positioned to support clients from single assets to complex, multi-country portfolios.
Conozca más