RIO DE JANEIRO, BRAZIL-For all his praise of Brazil during the downturn, Sam Zell has pulled back on his investments in the country. His Chicago-based Equity International announced late Thursday that it has sold its interests in Brazilian Finance & Real Estate and BR Malls.
Brazil’s Central Bank recently approved the BFRE sale to a partnership of BTG Pactual and Caixa Economica Federal, said Equity in a statement. BTG, a S
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