A huge business deal shook the Rio de Janeiro real estate market: BR Properties acquired a property from the Opportunity Real Estate Investment Fund for R$ 715 million. The sale was made by CBRE Brazil through its Investments area. The news made headlines in Novinvest
and in Lauro Jardim's column in the O Globo
The building is located at number 38/40 Rua do Passeio, with a gross leasable area of 81,423 m², including the recently inaugurated Riachuelo theater. This acquisition increases BR Properties' portfolio of leasable space to 654,792 m².
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