Issue 2010 March 02nd

This issue was created on 2010-03-02 07:25:00

  • Squarestone Brasil plans to float on AIMMarch 2, 2010
A property fund that will invest in Brazilian shopping centres plans to float on the UK’s AIM exchange in a GBP 250m launch that could represent the first real estate IPO of 2010. The Squarestone Brasil fund, set up to take the “western mall concept” over to Brazil, will be run by chairman Tony Campbell, former deputy chief executive of UK grocer Asda, and James Morse of Squarestone, who will be chief executive.
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