Davis Polk advised BR Properties S.A. in connection with its cash tender offer to purchase up to $100 million of its $285 million 9% perpetual notes.

Headquartered in São Paulo, BR Properties is one of the main commercial real estate investment companies in Brazil, focusing on acquiring, leasing, managing, developing and selling commercial properties, including office space, industrial warehouses and retail locations.

The Davis Polk corporate team included partner Manuel Garciadiaz. Partner Michael Farber and associates Lena X. Qiu and Caroline E. Dayton provided tax advice. Members of the Davis Polk team are based in the New York and São Paulo offices.