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BR Properties celebrates Binding Proposal for the Sale of JK Complex for 555 million



BR Properties informed, through a Material Fact issued on the 30th, that it entered into with JFL Must Empreendimento Imobiliário Ltda. a Binding Proposal for the Sale of an Ideal Fraction, which has as its object the sale of 55% of the JK Complex - Block B, located in Sao Paulo.


This proposal is equivalent to the total price of R$ 555,935,000.00 and the completion and payment will be made after overcoming certain precedent conditions, as established in the proposal.


With this, the company reinforces its objective of recycling part of its portfolio, making the investment profitable in an attractive way, in addition to continuously maintaining the process of optimizing its capital structure.

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