Vinci Partners Announces R$364 Million Capital Raise For Shopping Mall REIT apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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RIO DE JANEIRO, Brazil, June 30, 2021 (GLOBE NEWSWIRE) Vinci Partners Investments Ltd. (NASDAQ:VINP) ( Vinci Partners, the Company, we, us, or our ), the controlling company of a leading alternative investment platform in Brazil, announced today that Vinci Imóveis Urbanos FII (VIUR11), a listed REIT managed by Vinci Partners Real Estate segment, committed to its final acquisition from the proceeds of its initial public offering ( IPO ), closed in May 2021.
VIUR is a perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of urban commercial properties in Brazil, including properties focused on street retail, grocery, healthcare, and educational activities.
Vinci Partners Real Estate Industrial Development Fund (VFDL) Announces First Capital Deployment Vinci Partners Investments Ltd Grand Cayman, CAYMAN ISLANDS
RIO DE JANEIRO, Brazil, April 29, 2021 (GLOBE NEWSWIRE) Vinci Partners Investments Ltd. ( Vinci Partners, the Company, we, us, or our ), the controlling company of a leading alternative investment platform in Brazil, announced today the first acquisition for Vinci Fulwood FII, or VFDL, Vinci Partners’ Real Estate new industrial development strategy.
VFDL has closed the acquisition of a 30% stake in a development project for the new industrial site “Extrema Business Park – Block III”, located in the city of Extrema, Minas Gerais. With this acquisition, the fund has deployed approximately 20% of its first capital raising in March 2021, which totaled R$ 381 million in capital commitments. The strategy aims to raise up to R$800 million through additional offerings.