Sura Asset Management’s Acquisition of 50% stake in Prologistika SpA

Barros & Errázuriz has advised Sura Asset Management on the transaction.

Sura Asset Management S.A.executed its $24 million acquisition of 50% stake in Prologistika I SpA, owner of 100% of the shares of the company Inmobiliaria y Constructora Chorrillos SpA.

Scotiabank provided the financing for the acquisition including a credit agreement and a share pledge agreement.

Chorrillos SpA is the owner of a real estate project of warehouses that is being developed in stages, with warehouses built and leased to third parties, warehouses under construction and other warehouses detailed only at the architectural project level.

Barros & Errázuriz advised Sura with Patricio Solórzano Baez (Picture), Eduardo Tirado, Juan Ignacio Galdámez, Fernanda Espinosa, Camila May, Paula Riquelme, Matías Cunill, Francisca Astudillo, Martín Vial and María Hamilton.

Involved fees earner: Francisca Astudillo Soto – Barros & Errázuriz Abogados; Matías Cunill – Barros & Errázuriz Abogados; Fernanda Espinosa – Barros & Errázuriz Abogados; Juan Ignacio Galdámez – Barros & Errázuriz Abogados; Maria Hamilton – Barros & Errázuriz Abogados; Camila May – Barros & Errázuriz Abogados; Paula Riquelme – Barros & Errázuriz Abogados; Patricio Solórzano B. – Barros & Errázuriz Abogados; Eduardo Tirado – Barros & Errázuriz Abogados; Martín Vial – Barros & Errázuriz Abogados;

Law Firms: Barros & Errázuriz Abogados;

Clients: SURA Asset Management S.A.;