Brookfield’s IDI Gazeley sells Mexican industrial portfolio for $302 mln
IDI Gazeley, a.k.a. Brookfield Logistic Properties, has sold its Mexican industrial portfolio for US$302 million. The buyers of the 35 properties and 395 acres of land were Mexican real estate developer FINSA and an affiliate of U.S. real estate private equity firm Walton Street Capital. The U.K.-based IDI Gazeley, an investor and developer of logistics warehouses and distribution parks, acquired the Mexican assets in 2013. The company is owned by Brookfield Property Partners, an affiliate of Toronto-based Brookfield Asset Management.
17 December 2014•3 mins read
