BTG’s Real Estate Fund Seeks to Sell $983 Million in Shares
Grupo BTG Pactual plans to sell about 2 billion reais ($983 million) in shares of its FII BTG Pactual Corporate Office Fund.
The Brazilian real estate fund will start selling 6.89 million shares in a secondary offering, according to a prospectus. BTG will issue other 6.15 million shares in a primary offering if all the secondary placement is concluded in two months.
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