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BR Malls Buys Bahia Mall

May 3, 2011

Brazilian property developer BR Malls announced Friday it acquired a 95% stake in Shopping Paralela in the state of Bahia. The price paid for the mall and administration is BRL237.5 million, of which 40% will...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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