Real estate IPO misses target in Brazil
Clifford Chance LLP in New York and São Paulo and the Brazilian law firm Machado Meyer Advogados helped local real estate group HBR Realty
Clifford Chance LLP in New York and São Paulo and Brazilian firm Machado Meyer Advogados have helped local real estate group HBR Realty raise 729 million reais (US$136 million) in an IPO that fell short of the target.