Gómez-Pinzón Abogados has advised Corredores Davivienda, a Bogotá-based investment manager, in the acquisition from Pactia of a 49% stake of the outstanding equity interests in four trusts, owners of three shopping centers located in the cities of Sincelejo, Villavicencio and Neiva. The $93.3m transaction closed August 31st.
The team carried out the due diligence process, negotiation of agreements and closing. In addition, the transaction involved the negotiation of four trusts agreements with Grupo Éxito, a top retail store in Colombia, part of the French group Casino, owner of the remaining 51% stake in the shopping centers.
Partner Felipe Mariño and associates Emanuela Guevara Fadul and Laura Pinzón Cotes acted as legal counsel to the buyer.