Two firms advise on the sale of SYN assets to XP Malls FII
BMA advised the buyer; Mattos Filho represented the seller on the transaction in which SYN Prop e Tech (former Cyrela Commercial Properties) on the execution of a Binding Letter of Intent for the sale to XP Malls FII, of the following assets: 51% of Grand Plaza Shopping, located in Santo André/SP; 32% of Shopping Cidade São Paulo, located in São Paulo/SP; 70% of Shopping Metropolitano Barra, located in Rio de Janeiro/RJ; 52.5% of Tietê Plaza Shopping, located in São Paulo/SP; 85% of Shopping Cerrado, located in Goiânia/GO; and 23% of Shopping D, located in São Paulo/SP.
The transaction value was BRL R$ 1.850.000.000,00.
BMA advised XP Malls Fundo de Investimento Imobiliário FII and relied on partner Leandro Bittencourt Marcondes (pictured top left), Ellen Juste Nunez (pictured top right), associates Luciana Lyra Bähr, Camila Corrêlo Jobim Mallet, Felipe Mendlowicz Prado.
Mattos Filho represented SYN Prop e Tech and relied on partners Fernando Amendola (pictured bottom left), Flávio Barbosa Lugão (pictured bottom center-left), Janaína Vargas (pictured bottom center-right), Renata Fonseca Zuccolo Giannella (pictured bottom right) and lawyers Bernardo Zahran Rache de Almeida, Vítor de San Juan Faria, and Vitor Luz Moreira.
