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Goldman Sachs to invest $184 million in Brazil storage company: executive

July 23, 2016 by · Leave a Comment 

Goldman Sachs Group Inc will invest 600 million reais ($184 million) in Brazilian storage company Metrofit over the next 6 years, betting on a recovery from the harshest recession since the 1930s, a company executive said on Friday. Metrofit, founded in 2012, is a joint venture between Brazilian real estate company TRX and U.S. company Metro Self Storage. The self storage business is growing in Brazil, despite the recession.

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Goldman Sachs to invest $184 million in Brazil storage company: executive