BR Properties opens door to capital increase

BR Properties opens door to capital increase

Brazil Equity Funds

Brazil's BR Properties has admitted that it could raise capital in the local stock market, following press reports that said the real estate developer could sell BRL1bn ($304m) in new shares.BR Properties is considering a share sale as one of its fundraising options but it has not yet decided to raise capital in the present domestic and international capital market conditions, the company said in a statement.Local daily O Estado de São Paulo reported last week that the private equity firm GP Inv

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