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MRV sells Luggo assets for R$166M, raises R$144M cash
InfoMoney·BR·1 day ago
MRV&Co completed the sale of three Luggo multifamily developments (437 units) to a real estate fund with Mauá Capital for R$166M. This is a routine asset divestment, part of MRV's strategy to recycle capital in its rental division. The deal is small relative to MRV's market cap and has limited market impact.
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