Equity International, BlackRock and Altan Capital Invest in Grupo Acosta Verde (Latin America)

Source: Equity International

Grupo Acosta Verde, a Mexico-based developer, owner and manager of shopping centers, has received funding from global real estate investors Equity International and Altan Capital, global asset manager BlackRock and other undisclosed investors. The company has developed 35 retail properties since 1992 and currently manages 26 shopping centers, 11 of which it owns. Financial details of the transaction were not disclosed.