Benx Gestāo de Investimentos Ltda.
Sāo Paulo is the economic engine of the world’s 7th largest economy. 63% of all multinationals in Brazil and roughly 45% of domestic Fortune 500 index equivalent type companies are located in São Paulo. The Sāo Paulo commercial market represents a unique investment opportunity due to the current supply demand dynamics in the real estate cycle. Benx Investimentos, one of the largest and most successful developers & operators within this space, seeks a JV partner to build a real estate platform. The strategy is to purchase Class A & B office buildings at or below replacement costs and to strategically improve cash flow through operational improvements.
Benx Investimentos’ origins as a Real Estate investment firm started with The Bueno Netto Group, founded in 1974. In its early years, the company focused on construction and engineering services and over the past 35 years evolved into a reputable real estate developer with a large in-house construction company.
Benx Investimentos has created a successful and distinguished track record within the Brazilian Real Estate market. The firm has developed and constructed over 2 million square meters in key regions of Sāo Paulo. The firm has consistently anticipated trends, identified unique opportunities across multiple industry sectors, and created highly desirable and profitable developments.
Given the firm’s long history and record of success, the firm has passed through many cycles in the commercial real estate market in Brazil. Currently, the firm sees a unique opportunity to build a significant commercial real estate operating company. Specifically, the objective is to purchase Class A & B assets at or below replacement costs with a proven operator and executive team investing significant capital.
JPP/InDev has an exclusive engagement with Benx and will be in NYC the week of Monday March 23rd with executive members of the Benx team. We will be presenting a JV opportunity for $250M of equity, in which the sponsor group will invest $50M and will seek $200M from a JV partner.
We look forward to the potential of meeting during our time in NYC.
Warm Regards,
Joseph W. Williams
