Annual Report 2016

10 anos



Annual Report 2016

10 anos

Check out our ten year anniversary video


Management Comments















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  • BRMALLS among the TOP 25 companies where Brazilians dream of working (LinkedIn)

  • 4th most coveted Trainee Program: 20,000 applicants (Exame)

  • Roll out of the Back office Project (New CSC): 35 malls, 257 employees

  • BRMALLS among Brazil's Top 50 most beloved companies according to Love Mondays

  • Major unprecedented marketing events in partnership with renowned franchises: Frozen, Star Wars, Angry Birds, Luna, and PeppaPig, among others

  • Fitch risk rating agency granted us a rating of AA+ (national scale) and BB+ (international scale), with a better sovereign risk rating than Brazil (BB)

  • 10 sales of interest totaling R$765 million

  • Creation of the Media Matrix area

  • Single and most important Disney partner in the shopping mall segment worldwide and portfolio with new licenses such as Star Wars, Cars and Disney Princesses

  • Implementation of the Back office (New Shared Services Center)

  • Inauguration of the 10th and largest greenfield project, Shopping Vila Velha

  • Acquisition of four malls

  • Inauguration of four greenfield projects and six expansions (186 million sq.m of GLA)

  • BRMALLS is pioneer in the Implementation of the Zero-Based Budgeting (ZBB)

  • BRMALLS passes the R$1 billion EBITDA milestone

  • Total Raised '12-'13:
    Debt: R$1,725 million

  • BRMALLS becomes Latin America's largest shopping mall company

  • BRMALLS is included in the IBOVESPA and IBrX-50 indexes

  • BRMALLS reaches the R$600 million EBITDA milestone, with a margin of 80%

  • 1st year of the Excellence Program in Malls (PES)

  • Acquisition of seven malls, including the Catuai portfolio

  • Inauguration of three greenfield projects

  • Inauguration of four expansions

  • Follow-on offering: BRMALLS carries out its 4th and largest share offering, raising R$731 million

  • Total Raised '10-'11:
    Equity: R$731 million
    Debt: R$1,489 million

  • Acquisition of five malls, including Shopping Campinas and Metrô Santa Cruz

  • Inauguration of the Company's 1st greenfield project

  • Inauguration of four expansions

  • Creation of the Shared Services Center (CSC), with 15 employees and providing services to 11 malls

  • BRMALLS posts NOI margin of 90%

  • Follow-on offering: BRMALLS launches its 3rd share offering, raising R$446 million

  • BRMALLS closes the year with 35 malls in its portfolio

  • Total Raised '08-'09:
    Equity: R$446 million
    Debt: R$690 million

  • Foundation of BRMALLS - Private Equity GP Investimentos and Equity International buy ECISA, a company which owned six malls in operation and one mall under development.

  • BRMALLS carries out its IPO, raising R$650 million

  • BRMALLS carries out a follow-on offering, raising additional R$660 million

  • Issue of perpetual bonds totaling US$175 million

  • Acquisition of 23 malls, including Shopping Estação, Shopping Tamboré and Plaza Niterói

  • The Company's 1st Trainee Program (4,000 applicants)

  • BRMALLS closes 2007 with 30 malls in its portfolio and becomes Brazil's largest shopping mall company

  • Total Raised '06-'07:
    Equity: R$1,310 million
    Debt: R$800 million

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