Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. BR Properties S.A.
  6. News
  7. Summary
    BRPR3   BRBRPRACNOR9

BR PROPERTIES S.A.

(BRPR3)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

BR Properties S A : Material Fact - Asset Sale (Galpão Tucano)

06/14/2021 | 05:56pm EDT

BR PROPERTIES S.A. CNPJ 06.977.751/0001-49NIRE 35.300.316.592 "Public Company"

MATERIAL FACT

BR PROPERTIES S.A. ("Company") (BRPR3), pursuant to the provisions of the Brazilian Securities and Exchange Commission ("CVM") Instruction 358, dated January 3, 2002, as amended, informs the public that, on this date, a "Real Estate Sale and Purchase Agreement with Resolutive Conditions and Other Covenants" ("Agreement"), was entered into by and between Company and ESPAÇO GAIA EMPREENDIMENTOS IMOBILIÁRIOS SPE LTDA, CNPJ/ME under No 09.271.409/0001-17, aiming the sale of the warehouse named "Galpão Tucano", located at Centro Empresarial Espaço Gaia Ar, in the City of Jarinu, District of Atibaia, State of São Paulo, with gross leasable area (GLA) of 31,718 sqm, for the total amount of BRL 94,000,000 (ninety-four million reais). The execution of the referred transaction is subjected to overcoming suspensive conditions set forth in the Agreement by the Parties.

The Company acquired the aforementioned warehouse on March 12, 2018 (Material Fact), and the acquisition was financed by the 9th Debentures Issuance, at a cost of CDI +0.7% per year.

This sale reinforces the Company's successful strategy of recurrently recycling part of its portfolio with attractive returns, as well as of continuously optimizing its capital structure.

The Company will keep its shareholders and the public informed of any progress of the transaction.

São Paulo, June 14, 2021

André Bergstein

CFO and Investors Relations Officer

Disclaimer

BR Properties SA published this content on 14 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2021 21:55:00 UTC.


© Publicnow 2021
All news about BR PROPERTIES S.A.
07/28BR PROPERTIES S A : Material Fact - Asset Acquisition (Parque da Cidade Retail)
PU
07/21BR PROPERTIES S A : Material Fact - Greenfield Pirituba Warehouse
PU
07/13BR PROPERTIES S A : Material Fact - Sale of Asset Stake
PU
06/30BR PROPERTIES S A : Material Fact - Sale of Asset Stake
PU
06/29BR PROPERTIES S A : Aviso aos Acionistas
PU
06/28BR PROPERTIES S A : Notice to the Market - Lease Agreement
PU
06/14BR PROPERTIES S A : Material Fact - Asset Sale (Galpão Tucano)
PU
05/25BR PROPERTIES S A : Material Fact - Asset Acquisition (Galpão Centauri)
PU
05/24BR PROPERTIES S A : Material Fact - Real Estate Investment Fund (BRPR FII)
PU
05/06BR PROPERTIES S A : 1Q21 Conference Call Presentation
PU
More news
Financials
Sales 2021 416 M 80,8 M 80,8 M
Net income 2021 137 M 26,6 M 26,6 M
Net Debt 2021 1 775 M 344 M 344 M
P/E ratio 2021 31,5x
Yield 2021 2,27%
Capitalization 4 239 M 828 M 822 M
EV / Sales 2021 14,4x
EV / Sales 2022 10,5x
Nbr of Employees 86
Free-Float 40,0%
Chart BR PROPERTIES S.A.
Duration : Period :
BR Properties S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BR PROPERTIES S.A.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 8,80 BRL
Average target price 11,53 BRL
Spread / Average Target 31,0%
EPS Revisions
Managers and Directors
Martín Andrés Jaco Chief Executive Officer
André Bergstein Chief Financial & Investor Relations Officer
Rubens Mário Marques de Freitas Chairman
Charles Laganá Putz Independent Director
Fábio de Araujo Nogueira Independent Director