| Lease Revenue |
35,3 |
57,4 |
62,5% |
| Net Income |
112,3 |
83,3 |
(25,8%) |
| Net Income per share (R$ / share) |
4,90 |
3,13 |
(36,2%) |
| Net Income (ex-fair value adj.) |
32,0 |
50,5 |
58,0% |
| Net Income (ex-fair value adj.) / share (R$ / share) |
1,39 |
1,90 |
35,9% |
| FFO |
26,4 |
35,5 |
34,3% |
| FFO / share (R$ / share) |
1,15 |
1,33 |
15,5% |
| Adjusted FFO |
26,4 |
35,5 |
34,3% |
| Adj. FFO / share (R$ / share) |
1,15 |
1,33 |
15,5% |
| Total Distribution |
31,0 |
37,8 |
21,8% |
| Total Distribution / share (R$ / share) |
1,35 |
1,42 |
4,8% |
| Shareholders Equity |
2.535,6 |
2.871,3 |
13,2% |
| Shareholders Equity / share (R$ / share) |
110,64 |
107,79 |
(2,6%) |
| Gross Debt |
120,0 |
606,0 |
405,0% |
| Net Debt |
(410,6) |
308,1 |
n.a. |
| Operational Highlights |
4Q19 |
4Q20 |
Var. |
| Portfolio GLA (m2) |
184.450 |
228.888 |
24,1% |
| Contracted leasing revenue (R$ million) |
13,3 |
20,0 |
50,5% |
| Financial Vacancy (EoP) |
8,0% |
8,0% |
(0,1 p.p.) |
| Deliquency |
0,1% |
-1,8% |
n.a. |
| Same-Area Rent (SAR) |
0,9% |
6,6% |
6,0 p.p. |
| Leasing Spread |
(14,0%) |
(2,0%) |
12,0 p.p. |
| % of portfolio (in terms of lease revenue) |
4,1% |
4,6% |
0,5 p.p. |
| Stock Market Highlights |
4Q19 |
4Q20 |
Var. |
| Total Number of Shares |
22.918.202 |
26.638.202 |
16,2% |
| Market Cap |
2.697,5 |
2.363,9 |
(12,4%) |
| Share Price – End of period (R$ / share) |
117,70 |
88,74 |
(24,6%) |
| Share Price – Average for the period (R$ / share) |
98,44 |
88,26 |
(10,3%) |
| Average Daily Trading Volume (R$ million) |
8,00 |
4,14 |
(48,2%) |
| Number of Shareholders |
84.942 |
118.782 |
39,8% |
| Total Individual Investors |
84.591 |
118.353 |
39,9% |
| Total Institutional Investors |
351 |
429 |
22,2% |
| % of shares held by Individual Investors |
69,9% |
68,8% |
(1,2 p.p.) |
| % of shares held by Institutional Investors |
30,1% |
31,2% |
1,2 p.p. |
