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  • The Company's Net Revenue increased 17.2% to R$53.2 million in 2Q11 compared to R$45.4 million in 2Q10.

  • Adjusted EBITDA totaled R$40.7 million in 2Q11, an increase of 17.6% over the same period of last year. Adjusted EBITDA margin reached 76.5% in 2Q11

  • Adjusted FFO totaled R$44.4 million, a 29.4% increase over 2Q10. Adjusted FFO margin reached 83.5% in 2Q11.

  • NOI increased by 15.2% in 2Q11 over the same period last year, reaching R$50.9 million.

  • Same-store rent (SSR) reached a strong double-digit growth of 12.7% in 2Q11 and Same-stores sales (SSS) increased by 9.8%.

  • Total Net Income attributable to the Shareholders reached R$59.2 million in 2Q11, from R$31.6 million in 2Q10, an 87.1% increase.

  • The Company secured a R$200 million financing for the construction of Passeio das Águas Shopping in Goiânia at a rate of TR+11% p.a. and a 144-month term.