Souto Correa acts in transactions totaling more than BRL 2.3 bi
Souto Correa Advogados has acted in several transactions totaling more than BRL 2.3 billion. The office advised XP Investimentos on the public offerings of shares from the 8th and 9th issuances of the XP Malls Real Estate Investment Fund – FII, which together totaled R$937 million. (8th issuance: date of conclusion 29/6/2023; 9th issuance: date of conclusion 3/8/2023).
The capital markets team assisted XP Investimentos and XP Asset in the 2nd issuance of ordinary shares of the XP Hotéis – Real Estate Investment Fund – FII worth R$227 million (date of conclusion 1/8/2023).
Souto Correa also assisted XP Asset Management in the 1st issuance of shares for XP Habitat Real Estate Investment Fund, valued at R$300 million (date of conclusion 5/7/2023), and in the 8th issuance of shares for Maxi Renda Real Estate Investment Fund – FII, valued at R$334 million (date of conclusion 31/7/2023).
Furthermore, the offfice worked on the deal in which AZ Quest launched the AZ Quest Luna Agribusiness Value Chain Investment Fund, Fiagro – Real Estate, worth R$538,930,190.00. (date of conclusion 5/7/2023).
Souto Correa relied on partner Ingrid Hessling (pictured) and associates Gabriella Souza and Mariana Guenka on the operations.
