Brazilian Finance e Real Estate SA announced a private placement of 222 new ordinary shares, 300 class A preferred shares, and 144 class B preferred shares for gross proceeds of BRL 100,000,000 with existing investor, Ourinvest Real Estate Holding S.A. on December 30, 2014. The capital increase was approved at shareholders meeting of the company.
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- Brazilian Finance e Real Estate SA announced that it expects to receive BRL 100 million in funding from Ourinvest Real Estate Holding S.A.