BR Malls Participacoes SA (BRML3.SA)
R$ -0.05 (-0.47%)
|Market Cap(Mil.):||R$ 6,573.77|
SAO PAULO, Nov 16 Brazil's largest shopping mall operator BR Malls said it will continue offering discounts to retain tenants and shore up occupancy, which hit the lowest level in at least nine quarters amid Brazil's prolonged economic downturn.
SAO PAULO, Nov 16 Brazil's largest shopping mall operator BR Malls will continue offering discounts to retain tenants and keep a lid on vacancies, which grew amid Brazil's prolonged economic downturn.
SAO PAULO, Nov 14 BR Malls, Brazil's largest shopping mall operator, said it posted a third-quarter profit of 35.5 million reais ($10.3 million) after showing a net loss of 219.4 million reais in the same period a year ago as general and administrative costs fell.
JERUSALEM Gazit-Globe , Israel's largest real estate development company, said on Sunday it sold part of its stake in Brazil-based BR Malls for $52.6 million and used the funds to buy new property in Sao Paulo.