Shearman & Sterling represented Cyrela Commercial Properties ("CCP") in its US$ 400 million joint venture with GIC Real Estate, the real estate investment arm of the Government of Singapore Investment Corporation, and CPPIB US RE-A, a subsidiary of the Canada Pension Plan Investment Board. The joint venture will be managed by CCP and funds will be invested in commercial properties in Brazil.

The principal attorneys involved were partners Laura Friedrich (New York-Asset Management), Don Lonczak (Washington, DC-Tax) and Michael McGuinness (New York-M&A) and São Paulo associates Jonathan Kellner, Tatiana Tafarello and Luciana Fraga.