Squarestone Brasil was co-founded in 2007 as a Brazilian retail-focused real estate development and investment business. The founders have a track record of identifying real estate opportunities, creating operational platforms from which to deliver them and producing attractive returns for investors.
After researching the market the management team made its first acquisition, Bonsucesso Mall, located in São Paulo in March 2008 having raised £20 million of equity from a private investment consortium from the UK.
The scale of this opportunity is such that we anticipate having a long-term presence in Brazil.