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São Carlos sells four office assets for R$ 735 million at 8.1% cap rate
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São Carlos sells four office assets for R$ 735 million at 8.1% cap rate
  • São Carlos posted 2Q26 net cash of R$ 159.7 million, with cash and financial investments of R$ 926.4 million.
  • Gross debt fell 8.9% versus 1Q26 to R$ 791.1 million; average cost of debt eased to 14.3% from 14.8%.
  • Sold four office assets for R$ 735 million at an 8.1% cap rate, priced 18.5% below NAV.
  • Deal consideration included R$ 514.5 million cash, with R$ 220.5 million paid in FII SC Renda Imobiliária units.
  • Best Center same-basis physical vacancy improved to 8.2% in 2Q26 from 8.4% in 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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