We use cookies and similar methods to offer the best experience to all visitors and to remember their preferences. Please take a moment to review our Privacy Policy. By tapping “accept”, you consent to the use of these methods.

SBI - GERAL Q1 2026
+2.90 % 351.30
=
INCOME RETURN
+2.07 % +
APPRECIATION RETURN
+0.83 %
USD / REAL
0.00 % 5.02
CAN / REAL
0.00 % 3.64
EURO / REAL
0.00 % 5.82
IBOVESPA
-0.70 % 118,939.87 PTS
IFIX
0.00 % 3,855.09 PTS
SELIC
14.50 % 23.May.2026

Correios vão ter seu ‘marketplace’ em 2022

  • The Brazilian postal service, Correios, achieved record profits in 2021, which will be presented at the company's board meeting on Thursday.
Record profit of R$ 2.3 billion allows for the resumption of dividend distribution after a ten-year suspension.
Record profit of R$ 2.3 billion allows for the resumption of dividend distribution after a ten-year suspension.
03/17/2022
The Brazilian postal service, Correios, achieved record profits in 2021, which will be presented at the company's board meeting on Thursday. The exclusive access to the financial report by Valor newspaper reveals a net profit of R$ 2.3 billion and a recurring profit of R$ 3.7 billion.
This positive result will enable the company to resume dividend payments, which have been suspended for the past ten years. The projected amount for dividend payments is R$ 251 million, pending approval at the general assembly scheduled for April.
Correios' President, Floriano Peixoto, also revealed exclusively to Valor the next milestone of his management: transforming the company from a logistics operator into a marketplace by launching the "Correios Shopping" by the end of the year.
"We are changing our profile. We are one of the largest logistics operators in the Southern Hemisphere, but that is no longer enough. Correios will compete with other companies in the sector because with our reach, expertise, human, material, and financial resources, we can explore other options for the company with more and better conditions," said the retired general, who assumed the presidency of the company in June 2019.


Source: Valor Econômico

Latam
Brazil
São Paulo
Retail
Market Analytics
Market Trends

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

Video Thumbnail
Zolver

Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026
São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026
Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026
Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026
Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026


Trusted by Leading Publications

EXCLUSIVE CONTENT

Join our mailing list for Real Estate News, Events, Insights & Resources.

SiiLA News on Mobile - Stay Updated Anytime, Anywhere. Read Latest Real Estate News from your phone