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Brazil

Multiplan

Currently, CF has a 29.3 % interest in Multiplan Empreendimentos Imobiliários S/A (“Multiplan”) , the largest owner, manager, and developer of retail real estate in Brazil.

Multiplan owns 12 shopping centres, with 1 more under the final stages of development, all of which are considered dominant, premier assets in their respective markets. The firm is led by a highly experienced and professional management team with a proven track record with over 30 years of operating history. In July 2007 the company went public on the Bovespa stock exchange, and is listed under the symbol MULT3.