Ronald Herscovici and Manoela Miranda

Cescon Barrieu advises VBI Real Estate on it’s sale to Pátria

Cescon Barrieu Advogados advised VBI Real Estate which had 50% of the total share capital, acquired by Pátria Investments Limited.

The transaction will increase the size of Pátria’s combined real estate platform by three times and add AUM of valuable and scalable permanent capital. It strengthens Pátria’s operations in the real estate investment fund segment as the market consolidates in search of increased scale and operational efficiency. The partnership aligns the sellers’ real estate expertise with Pátria’s long-standing reputation in the alternative space.

The value of the transaction was not disclosed.

Cescon Barrieu was joined by partners Ronald Herscovici and Manoela Miranda and associates Marina Faro and Maria Ribeiro.

i2a Advogados advised Patria on capital market regulatory issues, through partners Ronaldo Ishikawa and Marcos Sader

Pinheiro Neto Advogados advised Pátria Investments Limited.