BR Malls Sees M&A Environment

BR Malls Sees M&A Environment

M&A

Brazil’s BR Malls is poised to continue to grow through acquisitions and greenfield projects, its CFO tells LatinFinance. “Our industry is still very underpenetrated and very fragmented,” Leandro Bousquet says. He explains that the developer and manager of shopping centers remains optimistic about expansion possibilities, even with Brazil’s economic growth predicted to slow this year. BR Malls has 4 greenfield projects in the hopper for 2011-2012, and what Bousquet describes

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