Greystar is moving into the Brazilian multifamily sector through a joint venture with local developer Cyrela Brazil Realty and Canada’s national pension fund. South Carolina-based Greystar is joining an existing partnership between Cyrela and the Canadian Pension Plan Investment Board formed in November 2019. The three partners will continue with the joint venture’s targeted $185 million equivalent investment in São Paulo, Brazil’s most populous city. CCP Investments will retain its majority stake in the joint
source https://therealdeal.com/2020/09/05/greystar-enters-brazilian-multifamily-market-with-canadian-pension-fund/
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