Sao Carlos sells four office properties to SC Renda Imobiliaria FII for R$ 735 million

Reuters2026/08/11 22:57

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In 2Q26, São Carlos sold four office assets for R$ 735 million at an 8.1% cap rate, 18.5% below NAV.
Deal structure included R$ 514.5 million in cash, R$ 220.5 million in units of FII SC Renda Imobiliária.
Portfolio area sold totaled 76,800 sq m of leasable space across two properties in São Paulo, two in Rio de Janeiro.
Transaction shifted the balance sheet to net cash of R$ 159.7 million, supported by R$ 926.4 million in cash and investments.
Gross debt stood at R$ 791.1 million, down 8.9% from 1Q26.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. São Carlos Empreendimentos e Participações SA published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sao Carlos sells four office properties to SC Renda Imobiliaria FII for R$ 735 million

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