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BR Properties SA (BRPR3.SA)

BRPR3.SA on Sao Paolo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BR Properties to buy real estate in Rio de Janeiro
Tuesday, 23 Aug 2016 09:50am EDT 

BR Properties SA :Said on Monday that it had reached an agreement with Opportunity Fundo de Investimento Imobiliario to buy a property under development, located in Rio de Janeiro.  Full Article

GP Investments Ltd's unit launches tender offer for up to 172.4 mln common shares of BR Properties SA
Monday, 28 Mar 2016 07:38am EDT 

GP Investments Ltd:Says GP Real Properties II C LLC has published a notice of tender offer to acquire a minimum of 112.8 million and a maximum of 172.4 million common shares of BR Properties SA, corresponding to 37.81 percent and 57.81 percent of its share capital respectively.Says GP Real Properties II C LLC to reach more than 50.7 percent and up to 70.0 percent stake in BR Properties SA if tender offer is successfully concluded.Auction date is May 11.  Full Article

Eminence Capital LP reaches 15.69 percent stake in BR Properties SA
Thursday, 24 Sep 2015 06:20pm EDT 

BR Properties SA:Eminence Capital LP reaches 15.69 percent stake or 46,794,629 shares in the company.  Full Article

Highclere International Investors LLP reaches 5.05 pct stake in BR Properties SA
Tuesday, 8 Sep 2015 12:45pm EDT 

BR Properties SA:Says that Highclere International Investors LLP has reached 5.05 percent stake in the company.  Full Article

BR Properties SA announces asset sale worth 2.08 bln Brazilian reais
Tuesday, 11 Aug 2015 07:40am EDT 

BR Properties SA:Says that the company and its units have entered into 4 commitments for purchase and sale of real property and 1 agreement for the purchase and sale of shares with Brookfield.Approximate deals value is of 2.08 billion Brazilian reais, to be adjusted by 800 million reais of debt to be assumed by the buyer.Company intends to use the proceeds from the sale to pay dividends to shareholders and reduce its net debt.  Full Article

BR Properties SA announces asset sale worth 1 billion Brazilian reais
Tuesday, 4 Aug 2015 07:35am EDT 

BR Properties SA:Approved, on Aug. 3, a private instrument of commitment for purchase and sale of real property and other covenants (CCV) and also a private instrument of agreement for the purchase and sale of shares and quotas and other covenants (agreement), for the sale of 10 real estate properties.Deal amounts to 1.07 billion Brazilian reais, is subject to certain price adjustments, and including warehouses and logistics real estate assets and office buildings.  Full Article

BR Properties SA cancels financing approved on May 27
Monday, 27 Jul 2015 09:43am EDT 

BR Properties SA:Says it decided to cancel financing approved by its board of directors on May 27.  Full Article

Fundo de Investimento em Participacoes Bridge cancels takeover bid to acquire BR Properties SA
Thursday, 2 Jul 2015 08:47am EDT 

Fundo de Investimento Imobiliario BTG Pactual Corporate Office Fund:Says that Fundo de Investimento em Participacoes Bridge (FIP Bridge) decided to cancel its takeover bid to BR Properties SA.Decision after 120 days of the bid, when certain conditions were not met.FIP Bridge is directly or indirectly composed by Fundo de Investimento Imobiliario - FII Prime Portfolio, BTG Investments LP and Brookfield BR7, LLC.  Full Article

BR Properties SA approves contracting 100 mln Brazilian reais financing form Banco Bradesco
Thursday, 28 May 2015 09:21am EDT 

BR Properties SA:Says its board of directors approved contracting financing form Banco Bradesco at the value of 100 million Brazilian reais.Financing through issue of bank credit notes.  Full Article

BR Properties SA announces dividend payment date
Monday, 4 May 2015 07:59am EDT 

BR Properties SA:Says the dividend payment in the total amount of 66.1 million Brazilian reais, corresponding to 0.22 reais per ordinary share, will be done on May 11.  Full Article

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