Vilmar Lima

Stoccche Forbes acts in negociations with WT Technology Park II

Stocche Forbes Advogados advised XP Log Fundo de Investimento Imobiliário – FII and Scala Data Centers on the lease with purchase and sale option related to the logistics condominium WT Technology Park II, located in the city of Barueri, State of São Paulo.

The operation also involved negotiations with Real Techpark Empreendimentos Imobiliários, co-owner of the property. As a result, Scala Data Center will initially lease modules 09, 11 and 12 of the project, with the possibility of expanding to the other areas of the properties after certain conditions are overcome.

Scala Data Centers S.A.’s intention is to use the property to develop a data center complex. An instrument was also executed conferring a purchase option of the property in favor of Scala Data Center and a sale option of the property in favor of XP Log Fundo de Investimento Imobiliário – FII after certain conditions are overcome.

As guarantee for certain obligations of the lessee, an instrument of real estate fiduciary alienation of property owned by Scala Data Center was executed.

The total amount involved was BRL 108,592,532.00.

Stocche Forbes relied on partner Vilmar Lima Carreiro Filho (pictured), associates Marco Graccho and Thaís de Carvalho Caruso Padim.

Navarro Advogados was external legal counsel to seller and relied on Juliana Rubiniak de Araújo.

In-house counsel to XP Log Fundo de Investimento Imobiliário – FII: Luiza Baldin, Chrystiane Domingos and Guilherme Almeida.

In-house counsel to Scala Data Centers: Anna Laura Svartman.

Amanda

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