BR Properties completes 2022 with more than 200,000 m² in logistics warehouses

The company has 12 commercial properties totalling 416,000 sq. meters of gross leasable area, including three plots of land with 65,000 m². In addition, the company manages properties through its subsidiary BRPR A.

BR Properties ended the year with the largest sale of commercial real estate in the Brazilian market, with the sale of 12 office buildings to Brookfield, as reported in SiiLA REsource in May last year.

The company also had a solid financial position, with 100% of its debt issues amortized and greater profitability for shareholders. Two capital reductions were approved, one completed in October 2022 and the other approved in January 2023, with significant amounts.

During the year, BR Properties completed the development of Galpão Centauri and Cajamar, delivering more than 200 thousand sq. meters in logistics warehouses, showing its dedication to the long-term strategy.