Gazit-Globe hits 5 percent stake in Brazil's BR Malls
Israel's Gazit-Globe, a global real estate firm focused on shopping centers in urban markets, recently grew its stake in BR Malls, the leading shopping center company in Brazil, to 5.16 percent. The investment was made through a wholly owned subsidiary active in Brazil. BR Malls’ portfolio includes 46 shopping centers that contain 1.65 million m2 of GLA and 966 thousand m2 of owned GLA. Read More »