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Net revenue totaled R$ 64.7 million in 1Q13, a 14.4% increase over 1Q12.
Adjusted EBITDA totaled R$ 49.8 million in 1Q13, a 19.0% increase compared to the same period of last year. Adjusted EBITDA margin reached 76.9% in the quarter.
Adjusted FFO totaled R$ 36.4 million in 1Q13 with a 56.2% margin.
NOI totaled R$ 64.0 million in 1Q13, an increase of 17.4% over 1Q12.
Same-store rent (SSR) increased by 11.8% in 1Q13 compared to 1Q12.
Same-store sales (SSS) increased by 6.1% in 1Q13 over 1Q12.
Total sales in our eight malls totaled R$ 837 million in 1Q13, a 13.1% increase over 1Q12.
On May 3rd, 2013, Sonae Sierra Brasil opened Boulevard Londrina Shopping, the Company’s first mall in the prominent South Region of Brazil.