Advice to BTG Pactual Chile S.A. Administradora General de Fondos in the first purchase of real estate assets for BTG Pactual Renta Residencial Fondo de Inversión, managed by BTG Pactual Chile S.A. Administradora General de Fondos. This purchase is part of a phased acquisition agreement for buildings for the Su Ksa Group, which will be exploited by the fund under the modality of housing rents.
The operation included the acquisition of 3 companies, owners of 4 buildings, which is part of a first stage of investment that would conclude with the acquisition of another similar amount of buildings that is expected to be completed this year.
The assets acquired that reach a value of approximately 740,000 Unidades de Fomento and the total investment foreseen for this first stage should be of an approximate total of 1,400,000 Unidades de Fomento.