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Structured Lease Agreement in Extrema, Minas Gerais

Our firm advised Cy.Capital and Modal Real Estate in negotiations with DHL regarding a Structured Lease Agreement for a new logistics development located in the city of Extrema, Minas Gerais, which is about to be delivered

This transaction was considered the second-largest logistics space lease in Brazil in 2002, totaling 92,000 square meters of GLA (Gross Leasable Area).

Structured lease agreements are those that, by their very nature, go beyond a typical leasing relationship, either because they involve leasing future areas (which are still under construction), or because they involve customization of the development, or even because they are tied to other business considerations, such as a partnership between the landlord and tenant for certain activities. Our firm has been one of the market leaders in the Brazilian market when it comes to negotiating structured lease agreements.

We wish Cy.Capital, Modal Real Estate, and DHL great success in their new development!