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To: TobagoJack who wrote (26567)12/17/2007 1:32:32 AM
From: elmatador   of 219608
 
Brascan Brazil Real Estate Partners to Acquire High Quality Portfolio of Shopping Centers

Don't worry about Centro. We are taking the slack. This thing is t going to fail. We are puloling it up!

Brascan Brazil Real Estate Partners ("BBREP"), a retail property fund managed by Brookfield Asset Management (TSX: BAM)(NYSE: BAM), today announced that it has entered into an agreement with the Malzoni Investment Group (the "Malzoni Group") to acquire a high quality portfolio of shopping centers in Brazil for a consideration of approximately R$1.7 billion Brazilian Reais (approximately US$965 million).

money.cnn.com
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