BR Properties Reignites IPO Talk

BR Properties Reignites IPO Talk

Equity

After shelving plans to go public in October 2007, BR Properties (BRP) is heard close to re-launching an IPO. A person familiar with the move says the plans to take the commercial property developer public are already well underway, and that 3 banks have already been informally tapped for the offering. Itau BBA Bradesco BBI and Santander appear to have scored joint books on the deal. While Credit Suisse was slated to lead the first attempt in 2007, it appears, at least initially, that it may not

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