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4Q10

Highlights

  • The Company's Net Revenue increased 7.7% in the 4Q10 and 20.0% in 2010, totaling R$ 185.0 million.

  • Adjusted EBITDA had a significant increase of 19.4% in 4Q10 and 42.1% in 2010, totaling R$ 141.4 million.

  • The adjusted EBITDA Margin reached an impressive level of 76.4% in 2010 compared to 64.6% in 2009.

  • Adjusted FFO increased by 30.7% in 4Q10 and 60.2% in 2010, reaching R$ 124.6 million.

  • The occupancy rate of our shopping malls reached 98.0% in 2010 compared to 97.2% in 2009.

  • Same-store sales (SSS) had a 9.5% growth in 2010.

  • Same-store rent (SSR) had a significant growth of 8.0% in 2010.