BR Properties records R$78.6 million in net revenue the second quarter of 2021



BR Properties, an investment company in commercial real estate, disclosed at the end of the market this Wednesday (5) the financial statement for the second quarter of 2021, which had a net income of R$ 78.6 million, an increase of 4% compared to the same period in 2020.

The report registered 76,000 square metres in new leases in 2Q21, reaching 88,000 m² occupied in the first half of the year. Of the total volume leased in the quarter, 12,330 square metres correspond to the leases at Torres Ventura, and 62,765 square metres refer to the pre-lease of Galpão Centauri, under development.

Among other transactions registered in the quarter, BR Properties entered into a Sale and Purchase Agreement for the sale of 20% of Tower B of Complexo JK to the VBI Prime Properties fund for a total price of R$184.7 million. Currently, BR Properties has 33 commercial properties, totalling 843 thousand square metres of gross leasable area (GLA), of which 7 are land corresponding to 287 thousand square metres of potential GLA. Recently, Giancarlo Nicastro, CEO of SiiLA Brasil, visited the towers that the company has in the Parque da Cidade complex in São Paulo and recorded a tour of the space.