Ticker

BRPR3.SA

BR Properties is one of the leading high-income commercial real estate investment companies in Brazil, focused on the acquisition, leasing, management, development and sale of commercial real estate, including office buildings and industrial and logistics warehouses, located in the main metropolitan regions from Brazil. BR Properties adopts a dynamic approach to monitoring the Brazilian commercial real estate market, in order to anticipate supply and demand trends in the various regions where it operates, in order to assess the best acquisition or sale opportunities, with the aim of maximizing the profitability of its properties. your investments. The company ended the quarter with 12 commercial properties in its portfolio, totaling a gross leasable area (GLA) of 416 thousand m², representing a market value of approximately R$2,205,905, of which 3 are land corresponding to 65 thousand m² of GLA potential. The 12 properties held in the Company's portfolio at the end of 1Q23 were distributed as follows: 4 or 92 thousand m² of office buildings; 5 or 260 thousand m² of industrial and logistics warehouses; 3 or 65 thousand m² of land.