BR

Analysis, decision and execution

Throughout our history, we have delivered projects requiring precise contextual analysis, sharp decision-making, and strong execution. We act in both developing new ventures and restructuring operationally challenged assets, driving repositioning strategies and value creation.

São Paulo, SP

Shopping Light

Shopping Light in downtown São Paulo
50%+ initial vacancy 100% occupied stores in 2015
Opportunity

Opened in 1999 in downtown São Paulo, the development occupies a historic building that once served as the headquarters of Companhia Light. As a vertical shopping mall, it faced operational challenges, including low foot traffic and a vacancy rate exceeding 50% at the time of acquisition.

Solution

Following the acquisition, in partnership with General Shopping & Outlets do Brasil, we led a comprehensive restructuring process. This included brand repositioning, a review of the tenant mix, structural changes to space types, a new layout, internal traffic improvements, and space revitalization.

Result

By 2015, the property was operating with 100% occupancy across all seven floors. Consolidated as a major shopping hub in central São Paulo, it was subsequently acquired by an international investment fund active in the sector.

Guarulhos, SP

Parque Shopping Maia

Parque Shopping Maia in Guarulhos
24,000 m² of land area 800 integrated residential units
Opportunity

Based on market analysis, a demand was identified for a shopping mall for the B+ and A demographics in Guarulhos, the second-largest city in the state of São Paulo, with a population of approximately 1.5 million.

Solution

In 2011, in partnership with General Shopping & Outlets do Brasil, we acquired a 24,000 m² plot of land in a neighborhood undergoing major real estate expansion. The project included integration with a residential development consisting of 800 units, establishing a continuous customer base for the shopping mall.

Result

The project was conceived as a high-end shopping mall featuring a complete mix of shopping, services, leisure, and dining. While still under construction, it received a buyout proposal, resulting in the sale of our stake to a financial institution's real estate investment fund.