São Carlos sells Best Center Mogi das Cruzes retail center for R$ 8.7 million

Reuters2026/08/03 21:47

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São Carlos sold the Best Center Mogi das Cruzes - Centro convenience retail asset for BRL 8.7 million, paid in cash.
Sale price came in 2.2% below the property’s NAV; the asset has 1,649 sq m of GLA.
Occupancy stood at 70% at the time of sale.
Portfolio shifts to 34 properties with 139,200 sq m of owned GLA, appraised at BRL 907 million.
Company also reported BRL 589 million in FII units following the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. São Carlos Empreendimentos e Participações SA published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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São Carlos sells Best Center Mogi das Cruzes retail center for R$ 8.7 million

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