São Carlos Empreendimentos is one of Brazil’s leading investment and commercial property administration companies.
The Company is specialized in acquiring real estate and developing them, increasing their profitability. São Carlos’ purpose is to maximize the rental income of the properties and the value of the Company’s portfolio through a strategy that includes:
The Company’s portfolio mainly comprises class-A office buildings and retail properties located in the States of São Paulo and Rio de Janeiro. São Carlos does not work with hotels, shopping malls, or small offices.
The Company was created from the spin-off of the real estate assets of the Lojas Americanas group in 1999, to independently operate in the commercial real estate sector. São Carlos became a publicly held company with shares traded on BOVESPA, with real estate and financial assets, and no corporate relation with Lojas Americanas.
In 2006, the Company migrated to the Novo Mercado corporate governance segment of BM&Fbovespa under the ticker SCAR3, when it held a public offering of primary and secondary shares totaling R$480 million.
São Carlos is currently divided into four verticals:
Consists of the acquisition of commercial buildings in excellent locations and great potential for appreciation, as well as the maximization of value of the properties in its portfolio through investments for revamping the developments’ infrastructure and architecture, increasing their operational efficiency, and improving the management of rental contracts with prime customers.
The São Carlos convenience center investment platform, a segment leader in Brazil, has a high-quality portfolio in strategic locations to meet the demands of large retail chains and end consumers.
A pioneering initiative in Brazil, aimed at real estate income, through acquisition, improvement of residential buildings, and wide offer of customer services, with a concept similar to the multifamily product offered in the USA.
Area aimed at investing in new platforms in the real estate sector.