RIO DE JANEIRO, Brazil, Oct. 19 /PRNewswire-FirstCall/ -- BRMALLS Participacoes S.A., (Bovespa: BRML3), the largest integrated shopping mall company in Brazil, announces the acquisition of 100% of the capital stock of KGM37 Empreendimentos Ltda., which holds indirect ownership of 10% of Shopping Center Mueller de Joinville.
Shopping Center Mueller de Joinville is located in the municipality of Joinville, in the state of Santa Catarina. The shopping mall has 27,049 m2 of GLA (Gross Leasable Area) and 134 satellite stores.
Following this acquisition, BRMALLS now holds interests in 28 shopping malls, effectively expanding its total GLA from 799.8 thousand m2 to 826.9 thousand m2 and its owned GLA from 364.9 thousand m2 to 367.6 thousand m2.
For further information please access http://www.brmalls.com.br/ir or contact the IR department:
Leandro Bousquet Viana
CFO and IRO
Renata Motta
IR Manager
Phone: +55 (21) 2546-0100
Fax: +55(21) 2546-0101
E-mail:
BRMALLS is the largest integrated shopping mall company in Brazil, with a portfolio of 28 malls, representing 826.9 thousand m2 in total Gross Leasable Area (GLA) and 367.6 thousand m2 in owned GLA. BRMALLS is also Brazil's largest shopping mall service provider, managing and leasing 34 malls. BRMALLS is the only national shopping mall company present in all of Brazil's five regions servicing all different income classes in the country.