IGUATEMI OPENS IFASHION OUTLET SANTA CATARINA

São Paulo, December 14, 2018 - Iguatemi Empresa de Shopping Centers S.A. ("Iguatemi") [Bovespa: IGTA3], one of the largest full service companies in the Brazilian shopping mall sector, announces the opening of its newest outlet, IFashion Outlet Santa Catarina.

About the IFashion Outlet Santa Catarina

The opening took place on December 12, 2018, creating a landmark for the metropolitan region of Florianopolis - SC, with a wide selection of brands, in addition a very complete mix and innovative architecture. The new outlet has 20,000m² of GLA, on a total site area of 200,000 sqm, thus offering high potential. The stake of Iguatemi is 54% in the enterprise and will be responsible for the administration.

The mix, carefully conceived and developed to be appropriate to the region, includes operations unique to the region, including: Vilebrequin, Animale, Farm, Brooksfield, Shoulder, Le Lis Blanc, Bo.bô, Oakley, New Balance, Kipling, Vivara, Bobstore, Salinas, Arezzo, Anacapri, Schutz, Calvin Klein, Track&Field, Rosa Chá e John John.

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With an environment designed to provide great customer experiences, IFashion Outlet has two unpublished attractions in the state: a 22 meter high ferris wheel and a wave pool, which allows guests to practice indoor surfing.

About the Region

The city of Tijucas integrates the metropolitan area of Florianópolis in Santa Catarina state. Assuming a radius of 100 km area of influence, the region has 60 cities, totaling a population of 2.4 million inhabitants, of which 47% of the households belong to the A and B income brakets. The GDP per capita of the radius of influence is $ 50,200.

The section of BR-101 between Joinville and Florianopolis (145 km) is one of the most propitious areas for the installation of an Outlet in Brazil. With solid socioeconomic data, there is an intense and qualified tourist appeal in the region (leisure and business). In the region, is Blumenau (Oktoberfest), Itajai and Porto Belo (docking of cruise ships), Beto Carrero (1.5 million visitors / year and construction of racecourse), Balneario Camboriu, Bombinhas, Pedra Branca (Palhoça) , Florianópolis, plus all flow directed to the beaches south of Florianópolis.

Another plus factor to the region is a well mantained infrastructure of roads, ports and airports, with well mantained roads, airports of Navegantes and Hercílio Luz, Port of Itajaí and Porto Belo. At last, the region is an important industrial center, with food production, metallurgy, ceramics and engineering, as well as relevant apparel production (Ex: Joinville and Brusque).

IR Team:

About Iguatemi Empresa de Shopping Centers S.A.

Cristina Betts

Iguatemi Empresa de Shopping Centers S.A. ('Iguatemi') is one of the largest full service companies in the Brazilian shopping mall sector. Its activities cover the whole range of the business, from conception, through planning, to development and management of regional shopping malls, outlets and mixed-use real estate complexes with office towers.

CFO and IRO

Roberta Noronha

IR, Planning and Innovation Director

Carina Carreira

Iguatemi has equity holdings in 16 malls, 2 premium outlets and 3 commercial towers, with a total GLA of 757 thousand sqm; and an owned GLA of 459 thousand sqm. Iguatemi participates in the management of 15 of its 16 malls, its premium outlets and its office towers. It also has one greenfield premium outlet projects in progress. Iguatemi's stock is traded on the Novo

IR Manager Thais Lima

IR Analyst

Mercado of the São Paulo Stock Exchange (B3).

Tel.: +55 (11) 3137-6872 / 6877ri@iguatemi.com.brwww.iguatemi.com.br

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Iguatemi Empresa de Shopping Centers SA published this content on 14 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 December 2018 20:29:00 UTC