Foreign Asset Owners Invest in Brazilian Malls

Posted on 07/14/2015

Singapore’s GIC Private Limited is paying 132.4 million reals (US$ 41.89 million) for a 35% minority stake in Via Parque Shopping from Brazil-based Aliansce Shopping Centers S.A. The mall property is controlled by developer and operator Aliansce Shopping Centers. Sovereign wealth funds and large pensions remain somewhat confident on the long-term growth prospects of the […]

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