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Multiplan Empreendimentos Imobiliarios SA (MULT3.SA)

MULT3.SA on Sao Paulo Stock Exchange

18.92BRL
15 Aug 2018
Change (% chg)

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R$ 18.92
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2,803,011
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R$ 26.41
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R$ 17.05

Latest Key Developments (Source: Significant Developments)

Multiplan to increase stakes in two shopping malls
Friday, 2 Sep 2016 11:17am EDT 

Multiplan Empreendimentos Imobiliarios SA : Said on Thursday that it had reached an agreement to acquire 10.3 percent of the gross leasable area of BarraShopping in Rio de Janeiro and 8.0 percent of the gross leasable area of MorumbiShopping in Sao Paulo, increasing its ownership in these malls to 61.3 percent and 73.7 percent of gross leasable area respectively .The agreement was signed with Fundacao Sistel de Seguridade Social for a total of 495.9 million Brazilian reais ($152.77 million), split between 311.2 million reais for BarraShopping and 184.7 million reais for MorumbiShopping.  Full Article

Fitch attributes AAA(bra) rating to Multiplan
Friday, 26 Aug 2016 11:19am EDT 

Multiplan Empreendimentos Imobiliarios SA : Said on Thursday that Fitch Ratings had attributed to the company AAA(bra) national rating .Outlook is stable.  Full Article

Brazil mall operator Multiplan's profit rises 39 percent in Q2

SAO PAULO, July 26 Profit at Multiplan Empreendimentos Imobiliarios SA, one of Brazil's largest mall operators, rose sharply in the second quarter despite headwinds including a truckers strike that paralyzed Brazil's economy for 10 days in May.