March 1, 2012
BR Malls is planning to raise money through an investment fund linked to on
BR Malls is planning to raise money through an investment fund linked to one of its shopping centers, according to an official at the company. The shopping mall operator is still in the process of registering with regulators, but the aim is to begin marketing by the end of the month the shares representing 40% of its Shopping Jardim Sul property. Brazilian Securities is structuring the deal, to be the first of its kind for BR Malls.