Cyrela’s Incorporation of Snowbird Master Fundo de Investimento Inmobiliário – FII


Tauil & Chequer Advogados in association with Mayer Brown and Stocche Forbes advised on the transaction

Cyrela executed the incorporation of Snowbird Master Fundo de Investimento Inmobiliário – FII a joint venture with Canada Pension Plan Investment Board (CPPIB) with the objective to develop real estate projects in Brazil.

Cyrela Brazil Realty S.A. Empreendimentos e Participacoes develops, rents, manages and sells residential and commercial real estate properties. The Company led by Raphael Abba Horn, Efraim Schmuel Horn and Miguel Maia Mickelberg, in 2018 recorded $783 million revenues.

Canada Pension Plan Investment Board operates as an investment management company. The Company offers pension management services, as well as provides investment such as private equity, real assets, and fixed income. Canada Pension Plan Investment Board serves customers worldwide.

Tauil & Chequer (Mayer Brown) advised Canada Pension Plan Investment Board (CPPIB) with Ludmila Arruda Braga (Picture) and José Paulo Marzagão.

Stocche Forbes advised Cyrela Brazyl Realty S.A. Empreendimentos e Participações with Flavio Meyer, Luciana Stracieri, Luna Gomes Sadek and Yasmin Sayuri Arai.

Involved fees earner: Ludmila Arruda Braga – Mayer Brown; José Paulo Marzagão – Mayer Brown; Luna Gomes Sadek – Stocche Forbes Advogados; Flavio Meyer – Stocche Forbes Advogados; Yasmin Sayuri Arai – Stocche Forbes Advogados; Luciana Stracieri – Stocche Forbes Advogados;

Law Firms: Mayer Brown; Stocche Forbes Advogados;

Clients: Canada Pension Plan Investment Board; Cyrela Brazil Realty S.A. Empreendimentos e Participacoes;