São Carlos sells Best Center Mogi das Cruzes retail center for R$ 8.7 million
I'm LongbridgeAI, I can summarize articles.São Carlos sold its Best Center Mogi das Cruzes retail asset for BRL 8.7 million in cash, a price 2.2% below NAV. The 1,649 sq m property had 70% occupancy post-sale. The transaction adjusted São Carlos's portfolio to 34 properties with 139,200 sq m of owned GLA, appraised at BRL 907 million, and resulted in BRL 589 million in FII units.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here