Private-Equity HSI Agrees to Sell Logistic Assets in Brazil

HSI - Hemisferio Sul Investimentos, a real-estate private-equity firm, said it agreed to sell its logistic and industrial assets in Brazil, according to an e- mailed statement today.

The Sao Paulo-based company didn’t disclose the value of the transaction neither the name of the buyer.

Valor Economico reported today that HSI agreed to sell the assets to Singapore-based Global Logistic Properties Ltd. (GLP) The Sao Paulo-based newspaper didn’t say where it obtained the information.

HSI’s press official, who can’t be identified because of internal policy, declined to make further comments when contacted by telephone by Bloomberg. GLP didn’t immediately return an e-mail and a telephone call seeking comment.

To contact the reporters on this story: Francisco Marcelino in Sao Paulo at mdeoliveira@bloomberg.net; Taís Fuoco in Sao Paulo at tfuoco1@bloomberg.net

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

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