Fundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund agreed to acquire Diamond Tower from Multiplan Empreendimentos Imobiliários S.A. for BRL 810 million.

Fundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund (BOVESPA:BRCR11) agreed to acquire Diamond Tower from Multiplan Empreendimentos Imobiliários S.A. (BOVESPA:MULT3) for BRL 810 million on May 19, 2020. Fundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund will pay 40% of the cash price and finance the other 60% in medium-term debt. To complement the cash portion, the fund must issue new shares to raise BRL 260 million.

BC Fund expects to complete the transaction within the next 45 days. Andréa Caliento, Maurício Negri Paschoal, Zeca Berardo y Juliana Daniel. Asociados Marcela Brasileiro, Lorenzo Vecchi, Marianna Moura, Luiza Rozario, Marcela Junqueira C. Pirola, Pedro Cini, Mariana Niquel and Nina Meloni of Lefosse Advogados acted as legal advisor to Fundo de Investimento.

Marcelo Terra, Guilherme Terra and Beatriz Terra Alechinsky of Duarte Garcia, Serra Netto and Terra Advogados acted as legal advisor to Multiplan Empreendimentos.