Leverage • São Carlos

SCAR3

São Carlos Emprendientos E Participacoes S.A. is a commercial real estate investment and management firm operating in Brazil that buys, manages, leases, and sells high-end corporate buildings. The company began its history as a subsidiary of Lojas Americanas. Its current business model and asset transfer occurred in 1998. After acquiring the property, which are generally in well-located existing large office towers, the company went on to implement active management, created a turnaround through reduced expenses and greater efficiency, and increased value through increases in rental income or property disposal after price appreciation. Most of the company's projects are convenience stores.