Lefosse advises on R$ 2 billion investment funds merger

Lefosse advised BTG Pactual Logística Fundo de Investimento Imobiliário, as the acquiring investment fund (BTLG FII), in the merger of Fundo de Investimento Imobiliário – V2 Properties, as the acquired investment fund (V2 FII) and Bluecap Renda Logística Fundo de Investimento Imobiliário – FII, as the acquired investment fund (Bluecap FII) into BTLG FII, ultimately creating a fund with net asset value of over BRL 2 billion (R$ 2.117.434.922,30).
The Merger of V2 FII closed on September 30 and the Bluecap FII deal on October 24. Lefosse advised BTLG FII on all steps of the merger, which included structuring the Merger and drafting all Merger documents, as well as with respect to related litigation matters.
The Merger is one example of a long recent list of trending market practices involving real estate investment funds, as to consolidate equity, assets, and investment strategies by real estate portfolio managers, especially in the logistics sector.
Lefosse relied on partners (in the image from left to right) André Mileski, Julio A. Nunes Queiroz, Pedro Maciel and associates Deborah Nery, Matheus Maiotto, Pedro Rocha.