Fundo De Investimento Imobiliario Brazilian Capital Real Estate reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported investment properties of BRL 71,657,000 compared to BRL 51,134,000 a year ago. Profit from investment properties was BRL 47,160,000 compared to BRL 32,987,000 a year ago. Profit from real-estate activities was BRL 62,879,000 compared to BRL 42,055,000 a year ago. Net income was BRL 53,167,000 or BRL 2.77 per share compared to BRL 43,030,000 or BRL 2.24 per share a year ago. Cash flows from operating activities were BRL 13,438,000 compared to BRL 12,112,000 a year ago. Payment of principal for liabilities from acquisition of properties was BRL 5,030,000 compared to BRL 4,565,000 a year ago. Adjusted FFO was BRL 32.5 million compared to BRL 50.1 million a year ago. Book value per share went up from BRL 109.20 per share in December 2016 to BRL 109.48 per share at the end of March 2017.