June 2, 2017 / 10:21 PM / 2 months ago

Brazil's BR Properties talking to advisors about potential share offering

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SAO PAULO, June 2 (Reuters) - Brazilian real estate company BR Properties SA is contacting advisors for a potential share offering, the company said in a securities filing on Friday.

BR Properties said it has not yet taken a decision on the matter. Newspaper O Estado de S. Paulo reported on Friday buyout firm GP Investments Ltd and sovereign wealth fund Abu Dhabi Investment Authority will subscribe to about 70 percent of the so-called follow-on offering. ($1 = 3.2395 reais)

Reporting by Tatiana Bautzer; Editing by Chris Reese

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