Linkedin Vimeo
  1. Home
  2. News
  3. PPU instructed on…

PPU instructed on landmark shopping mall acquisition

  • News
  • 4 January 2017
  • 199
  • 2 minutes read
Philippi Prietocarrizosa Ferrero DU & Uría advised Fondo Inmobiliario Colombia in the acquisition of 49% of Viva Malls. 

Fondo Inmobiliario Colombia (FIC) is one of the largest private equity funds in Colombia with a focus on real estate investments. It is managed by Fiduciaria Bancolombia with Grupo Bancolombia as one of its key investors.

Viva Malls is one of Colombia´s largest real estate vehicles operating shopping malls. It was created by Grupo Éxito (the Colombian subsidiary of French retailer Casino) and has a portfolio of 14 assets, including two currently in development.

Under the agreement, valued at over $255 million, Grupo Éxito will maintain a 51% controlling stake over Viva Malls, while FIC will make capital contributions in exchange for a 49% stake in the vehicle. This is the largest real estate transaction ever made in Colombia.

Partners Juan Carlos Rocha and Nicolás Tirado led the PPU team which acted for FIC.

Viva Malls instructed Gomez Pinzón Zuleta. 

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2025 © All rights Reserved. Design by Origami Creative Studio

SHARE