multiplan opens expansion vii in barrashopping

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  • 8/12/2019 Multiplan opens Expansion VII in BarraShopping

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    Armando dAlmeida Neto

    CFO and IRO

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    PRESS RELEASE

    Photos on the next page

    Disclaimer: Readers/investors should be aware that many factors may mean that our future results differ from the forward-looking statements in this document.The Company has no obligation to update said statements. Forward-looking statements refer to future events which may or may not occur. Our future financialsituation, operating results, market share and competitive positioning may differ substantially from those expressed or suggested by said forward-lookingstatements. Many factors and values that can establish these results are outside the companys control or expectation. The reader/investor should not relyexclusively on the information contained herein to make investments.

    BarraShopping Expansion VII - Faade

    Rio de Janeiro, June 10th, 2014 MULTIPLAN EMPREENDIMENTOS IMOBILIRIOS S.A. (BM&FBOVESPA:MULT3),

    informs that it inaugurated the seventh expansion of BarraShopping, in Rio de Janeiro.

    The expansion has a total GLA of 9.5 thousand m, and adds 51 new stores in this first phase, 100% leased. This project

    also has a second phase that will add two corporate floors for lease, which are expected to be delivered in the fourth

    quarter of 2014. With expansion VII, the total GLA of the BarraShopping Complex, which includes New York City Center,

    reaches 101.0 thousand m, and 760 operations.

    From the perspective of the companys strategy of renovation and expanding the choice of operations, the current

    expansion brings, in addition to important domestic and foreign brands, new fashion stores, restaurants and services,

    several of them new to the city, further consolidating the shopping center. Additionally, with the goal of enhancing

    costumer experience, the company added 628 covered parking spots in a modern, underground parking with sensors

    that assist drivers in search for parking spaces.

    Voted four consecutive times the preferred shopping center of cariocas, BarraShopping transformed itself in a landmark

    for the development of Rio de Janeiro, and established a new pattern in consumption, services and entertainment by

    putting together a great variety of quality operations in a single place. In 2013, the shopping center registered sales of

    R$1.7 billion.

    MULTIPLAN INAUGURATES BARRASHOPPINGS EXPANSION VII

    WITH 51 NEW STORES 100% LEASED

  • 8/12/2019 Multiplan opens Expansion VII in BarraShopping

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    IR MultiplanTel: 55 21 3031-5200Fax: 55 21 3031-5322

    Address:Av. das Amricas, 4.200Bloco 2 -Sala 501 DuplexBarra da Tijuca -Rio d e JaneiroCEP: 22640-102

    E -ma i l : i r @ m u l t i p l a n . c o m . b r W e b s i t e : w w w . m u l t i p l a n . c o m . b r / i r 2/2

    BarraShopping Expansion VII - Internal view

    BarraShopping Expansion VII - Internal view