NEWS
SYN Sells São Paulo Properties to Brookfield Asset Management for $318 Million
December 02, 2021
São Paulo, Brazil – Paul Hastings LLP, a leading global law firm, represented SYN PROP E TECH S.A., a Brazilian real estate company, in the sale of its stakes in four office buildings to Brookfield Asset Management for approximately BRL1.8 billion (approximately $318 million). The deal is the largest real estate transaction in Brazil in 2021 to date.
The properties include FL Financial Center, Faria Lima Square, JK 1455 and Miss Silvia Morizono, all located in heart of the city's financial district.
Partner Jon Kellner led the Paul Hastings team, which also included of counsel Andrea Campos and associate Thomas Ayres.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.
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Becca Hatton