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7/27/2019 Multiplan acquires land in Canoas, State of Rio Grande do Sul
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Armando dAlmeida Neto
CFO and IRO
PRESS RELEASE
Rio de Janeiro, August 19, 2013 MULTIPLAN EMPREENDIMENTOS IMOBILIRIOS S.A. (BM&FBOVESPA: MULT3)
announces that it has signed a contract to acquire a land plot of 93.6 thousand square meters, located opposite from themunicipal park Parque Municipal Getlio Vargas, in the neighborhood of Moinhos, in the city of Canoas, state of Rio
Grande do Sul. In this first phase Multiplan plans to develop a shopping center of approximately 35 thousand square meters
of Gross Leasable Area (GLA). The land has a construction potential of about 186 thousand square meters. This will be the
third shopping center in the southern region of Brazil, and the project considers future developments based on the mixed use
concept. The companys goal is to inaugurate this development in 2016. Specific data will be disclosed in due time.
Located on the residential growth vector in the city, the land plot is surrounded by high income residential houses and
buildings, and new real estate projects under construction, also aimed at middle-upper and high income classes. The general
area of influence considers a population of approximately 545 thousand inhabitants, and includes the municipalities of theVale dos Sinos basin, a highly industrialized and high income region. About 58% of the population in the primary area of
influence belongs to the A and B classes ().
The city of Canoas has the second largest in-state GDP, and the fourth largest GDP in the Southern region of Brazil. A
neighbor to the capital city of Porto Alegre, the city is the site of the headquarters for national and multinational corporations,
hosts the second largest academic center in the state, and is the most populated city in the metropolitan area of the capital
city of the state (). The Federal highway BR-116 has the second largest vehicle flow in the country second only to Via
Dutra that connects Rio de Janeiro to So Paulo - runs through the city of Canoas which also offers several road accesses to
the shopping centers future location.
.
Disclaimer: Readers/investors should be aware that many factors may mean that our development strategy differ from the forward-looking statements in this document. The Company has nobligation to update said statements, which refer to future events which may or may not occur. Many referred factors and values are outside the companys control or expectation. The
eader/investor should not rely exclusively on the information contained herein to make investments.
MULTIPLAN ACQUIRES LAND TO DEVELOP
SHOPPING CENTER IN CANOAS, STATE OF RIO GRANDE DO SUL
() Source: Instituto Brasileiro de Geografia e Estatstica (IBGE) and Gismarket Estudos de Mercado.
Artists rendering for illustration purposes only Project subject to changes without previous notice
7/27/2019 Multiplan acquires land in Canoas, State of Rio Grande do Sul
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IRMultiplanTel: 55 21 3031-5200Fax: 55 21 3031-5322
Address:Av. das Amricas, 4.200Bloco 2 -Sala 501 DuplexBarra da Tijuca - Rio de JaneiroCEP: 22640-102
E -ma i l : i r @ m u l t i p l a n . c o m . b r We b s i t e : w w w . m u l t i p l a n . c o m . b r / i r
Disclaimer: Readers/investors should be aware that many factors may mean that our development strategy differ from the forward-looking statements in this document. The Company has nobligation to update said statements, which refer to future events which may or may not occur. Many referred factors and values are outside the companys control or expectation. The
eader/investor should not rely exclusively on the information contained herein to make investments.
Artists rendering for illustration purposes only Project subject to changes without previous notice
Area of influence for the Canoas Project, in Rio Grande do Sul