RIO DE JANEIRO-The Porto Maravilha redevelopment project includes investment for public and commercial uses in a 2-square-mile area, in preparation for world-stage events.

CHESTERFIELD, MO-In a battle between two giants, the two mall REITs are trying to open outlet malls here. Simon says it will have Saks as an anchor, while Taubman is mum.

MADISON, WI-Apollo extended its $5 per share bid, but the Denver-based resort company has said it will pay $6.25 per share, though the original deal has a poison pill in place.

CHICAGO-The project was approved by the city four years ago, and had originally included condos. The restart includes Bucksbaum Retail as a partner.

EAGAN, MN-The Baltimore-based firm proposes to build up to 100 outlet stores, more than 400,000 square feet, on 35 acres, with an investment of about $100 million.

BEACHWOOD, OH-DRA Advisors sold its 50% ownership interest in Tanasbourne Town Center in Portland and Arrowhead Crossing in Phoenix.

CHICAGO-Charlotte-based Cogdell has been taken off the stock exchange, and employees absorbed, as Ventas finalized the $765 million takeover.

LONDON-The supermarket chain is expanding its non-food items as part of a $1.3 billion growth goal, and will take 134,000 square feet at failed Ericsson property.