US EditionCPP Investments forms joint venture with leading Brazil real estate developer Cyrela
5 Articles
5 Articles
Cyrela and Canadian CPP Invest R$1.7B in São Paulo Luxury Homes
In a bold move signaling confidence in Brazil’s luxury real estate sector, Cyrela Brazil Realty and Canada Pension Plan Investment Board (CPP Investments) have joined forces. The partners will invest R$1.7 billion ($354 million) in high-end residential properties in São Paulo. Their target is a potential R$6 billion ($1.25 billion) in sales. This joint venture, […]
CPP Investments forms joint venture with leading Brazil real estate developer Cyrela
TORONTO and SÃO PAULO, Jan. 13, 2025 /CNW/ - Canada Pension Plan Investment Board (CPP Investments) announced today that it has signed a joint venture agreement with Cyrela Brazil Realty (Cyrela), the largest residential real estate developer in Brazil. Cyrela's fund management subsidiary, Cy.Capital, will act as the manager of the investment vehicle. ...Full story available on Benzinga.com
Sonae Sierra forms alliance with Brazilian bank BTG Pactual to invest in real estate credit
The “joint venture” of the real estate arm of the Sonae group with the main investment bank in Latin America will be focused on Iberia and is intended to finance “income-generating” real estate assets, including shopping centers, 'retail parks' and street commerce”.
Cyrela and the CPP fund invest R$ 1.7 billion in luxury properties - 13/01/2025
The Canadian pension fund CPP and Cyrela announced, this Monday (13), the launch of a joint initiative of R$ 1.7 billion in the São Paulo luxury real estate sector. The capital will be managed by the subsidiary of the Brazilian company Cy.Capital. Read more (01/13/2025)
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