Brookfield Asset Management’s $318 Million Acquisition of SYN’s São Paulo Properties

Paul Hastings advised SYN PROP E TECH S.A. on the deal.

SYN PROP E TECH S.A., a Brazilian real estate company, announced the sale of its stakes in four office buildings to Brookfield Asset Management for approximately BRL1.8 billion (approximately $318 million). The deal is the largest real estate transaction in Brazil in 2021 to date.

The properties include FL Financial Center, Faria Lima Square, JK 1455 and Miss Silvia Morizono, all located in heart of the city’s financial district.

Partner Jon Kellner (Picture) led the Paul Hastings team, which also included of counsel Andrea Campos and associate Thomas Ayres.

Involved fees earner: Thomas Ayres – Paul Hastings LLP; Jonathan Kellner – Paul Hastings LLP;

Law Firms: Paul Hastings LLP;

Clients: SYN;

Martina Bellini

Author: Martina Bellini