KLA Advogados advised TRX Real Estate Fundo de Investimento Imobiliário – Responsabilidade Limitada, managed by TRX Gestora de Recursos Ltda. and administered by BRL Trust Distribuidora de Títulos e Valores Mobiliários S.A., on the completion of the acquisition of a corporate property located in São Paulo, Brazil. The property is currently leased to Link School of Business, an education-sector company, under a standard long-term lease agreement.
The transaction, with a total value of BRL 186.16 million, was structured through the acquisition of control of the companies that own the property and the establishment of a surface right (direito real de superfície), encompassing key corporate, real estate, and contractual aspects essential to the completion of the deal.
The acquisition is aligned with the fund’s strategy to expand and diversify its portfolio with well-located assets featuring modern technical specifications and long-term lease agreements, with the goal of distributing income and generating capital gains for its unitholders.
At KLA, the transaction was led by partner Lívia Siviero, from the Capital Markets practice, with the participation of Hebert Oliveira, Corporate Law associate, and Heloísa Rodrigues, Real Estate Law associate.
