06mar'15

Purchase Sloper building in Rio de Janeiro

image

Purchase Sloper building rua Uruguaiana 55 in Rio de Janeiro

Vabeld has acquired 5 retail floors from this majestic building, located in what is arguably the busiest shopping street in downtown Rio. The property had been targeted for several years and was owned by a listed fund, whose only property this was. The majority of the shareholders voted in favour of the transaction during a general assembly held in January and the transaction was completed in March. The property has a major frontage onto Rua Uruguaiana and is rented to Leader, one of Brazil’s largest department stores.

 

 

 

Articles