From the Wires
Sao Carlos Reports EBITDA growth of 26% in 3Q12: Portfolio increases 28% in 12 months and NAV reaches R$52/share
By: PR Newswire
Nov. 5, 2012 06:38 PM
SAO PAULO, Nov. 5, 2012 /PRNewswire/ -- Sao Carlos Empreendimentos e Participacoes S.A. (BM&FBovespa: SCAR3) announces today its results for the third quarter of 2012.
To download the full version of our "3Q12 Earnings Release", please access our website at www.scsa.com.br/ir
INVESTOR RELATIONS DEPARTMENT
Sao Carlos is one of the main companies in the sector of investment and administration of commercial properties in Brazil. Our goal is to maximize rental revenues from the company's real estate, the assets' renting potential and the portfolio's market value. Our business strategy includes the investment in new commercial properties, reform and maintenance of our real estate, optimization of condominium administration and sale of properties that already attained maturation. We currently have a portfolio which includes mainly office buildings and retail stores located in the States of Sao Paulo and Rio de Janeiro.
SOURCE Sao Carlos Empreendimentos e Participacoes S.A.
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