Brookfield Brazil Retail Fund is a specialty real estate fund focused on the acquisition of commercial retail shopping centers in Brazil, where Brookfield has 100 years of operating experience. The Fund's portfolio, initially seeded with three retail shopping centers profiled on the right under related links, has grown to 15 malls including one property under development.
The Fund is well positioned within this sector. Retail shopping centers are benefiting from favorable macro economic conditions, growing purchasing power and consumer demand among key demographic groups. In addition, the country is under represented in shopping centers relative to North America or other European markets, which provides significant opportunities for growth.