News
03/21/2018
FIIGWIR11: Income of R$1.13/share confirms the good result of the 1st QTR 2018
The FIIGWIR11 will distribute to its shareholders on 03/28/2018 a monthly income of R$1.13/share, a result 4.6% higher when compared to the same period in the previous year.
This outcome is due to the better performance in rental and parking results at Praça da Moça Mall, an improvement of 7.7% and 21%, respectively, when compared to the same period of last year.
Until the 1st quarter of 2018, the cumulative return is R$4.67/share, equivalent to 1.93% in the year (considering the current share of R$241.99). This return is well above the CDI, which in the same period presented a gross variation of 1.58% (not yet considering the Income Tax normally present in any financial application).
02/22/2018
FIIGWIR11: Income of R$1.43/share - 148% of CDI in the year
FIIGWIR11 will distribute to its shareholders on 02/28/2018 a monthly income of R$1.43/share, a result 5.2% higher when compared to the same period of the previous year. The good result is the result of a better performance in rental and parking results at Shopping Praça da Moça mall, an improvement of 8.5% and 25%, respectively, when compared to the same period of last year.
Thus, the Fund already has a cumulative return in 2018 of R$3.54/share, equivalent to 1.5% in the year (considering the current quota of R$240.00). Considering the exemption from income tax on investments for individuals in the fund's income, the net remuneration of the fund in 2018 is approximately 148% of the CDI.
01/22/2018
FIIGWIR11 - New record! Income of R$2.11/share
FIIGWI R11 will distribute to its shareholders on 01/29/2018 a monthly income of R$2.11/share, a result that is 17% higher than in the same period of the previous year.
This result is a combination of the increase in the amounts received as rent at the Praça da Moça Mall and the recovery of delinquency, as well as the effort to reduce expenses.
As a result, the Fund begins 2018 with a monthly income of 0.87%, considering the share on January 3rd 2017 to R$239.90.
11/28/2017
FIIGWIR11 recovers and distributes monthly income of R$1.22/share
On 11/29/2017, the fund will distribute 10% higher yields to its shareholders when compared to the same period in 2016, mainly due to the increase in rent, recovery of delinquency and new commercialization.
As a result, the Fund accumulates income distributed in 2017 of R$13.8 per share, which represents a monthly return of 0.57% and accumulated of 6.54%, considering the quota on November 27, 2017 of R$211.
10/24/2017
FIIGWIR11 - Income distributionof R$ 1.06/share
The FIIGWIR11 will distribute to its shareholders on 10/26/2017 the monthly income of R$ 1.06/share.
This month, the fund will distribute 3% higher yields when compared to the same period in 2016. Compared to the last month of this year, the yield was 17% lower due mainly to the reduction of amounts recovered from inactive default (tenants who have already left the development) and to the increase in the default of the current renters. We believe, however, that the scenario for the coming months will be more optimistic due to the new commercialization, which will result in a smaller vacancy of the enterprise, and the gradual resumption of the economy, which will lead to higher revenues for retailers.
As a result, the Fund accumulates income distributed in 2017 of R$ 12.58 per share, which represents a monthly return of 0.6% and cumulative of 5.99%, considering the share on October 20, 2017 at R$ 210.00.
08/24/2017
R11 restores distribution in August
The FIIGWIR11 will distribute to its shareholders, on 08/28/2017, a dividend of R$1.34/share, a yield of 21% higher when compared to the same period of 2016, mainly due to the recovery of default.
The Fund accumulates dividends of R$10.24 per share in 2017, which represents a monthly return of 0.6% and cumulative of 4.9%, considering the share on August 18, 2017 at R$209.00.
07/21/2017
FIIGWIR11 - Income distribution of R$ 1.02/share
The FIIGWIR11 will distribute to shareholders on 07.27.2017 the monthly income of R$ 1.02/share.
This month the Fund distributes a lower income when compared to the distribution of this same period in 2016. This fall is due to delinquency, which is being countered by more effective actions.
As a result, the Fund accumulates income distributed in 2017 of R$ 8.9 per share, which represents a monthly return of 0.4% and accumulated of 3.84%, considering the share on June 26, 2017 of R$ 232.00.
06/29/2017
FIIGWIR11 June - One of the best incomes of the year
On 06.28.2017, the FIIGWIR11 distributed its income of R$1.30/share, one of the highest yields ever distributed in the year, mainly due to the recovery of delinquency and the improvement of retail performance and parking.
As a result, the fund has so far achieved a cumulative return of 3.40%, considering the amount of R$232.00.
05/29/2017
8 years of Praça da Moça Mall
The first and only mall of the city of Diadema, today the Praça da Moça Mall turns 8 years old. Since 2009, it has not only contributed to the valorization and growth of the region, which has the country's 54th GDP and more than 440,000 inhabitants, as it has become a reference of the best shopping, leisure and entertainment option for its visitors.
With all the comfort and safety differentials that a business of this size can offer, Praça da Moça Mall now has a gross leasable area of 30,656m², with an expansion already approved in the city hall of another 14,000 m² of GLA. GWI, as one of the entrepreneurs, spares no effort and work to ensure that the venture brings back FIIR11 quota holders.
05/26/2017
FIIGWIR11 – Distribution increases to R$ 1.20/share
FIIGWI R11 will distribute to shareholders on 05.26.2017 the monthly income of R$ 1.20/share, a 5% increase referring to the distribution of this year’s last month and 44% considering May 2016 (when was received the partial rent of the new lease located at Brigadeiro Faria Lima Ave).
Regarding Praça da Moça Mall, a positive variation was given due to the increase in the receipt of the rent and delinquency current. Therefore, in the year the Fund distributed the income of R$ 6.58, equivalent to a monthly return of 0.47% and accumulated of 2.6%, considering the quota on 05.24.2017 to R$ 255.00.
04/27/2017
FIIGWIR11 – Recovery in April
FIIGWI R11 will distribute to shareholders on 04.28.2017 the monthly income of R$ 1.14/share, which represents a distribution 54% higher than the same last year’s month, mostly due to the lower default of the month and the recovery of part of defaults of rentals and charges of the Mall from other months.
With this result, the Fund accumulates in 2017 income of R$ 5.38, counterpart of a monthly return of 0.45% and accumulated of 2.11%, considering the share of R$ 255.00 on 04.24.2017.
09/22/2016
FIIGWIR11 distributes R$ 1.04 per share
The FIIGWI R11 distribute to shareholders on 09.28.2016 the monthly income of R$ 1.04/share. The performance was lower than the previous month due to condominium default.
The Praça da Moça Mall is working to mitigate the default, which is why we got last month, recovering part of this value. Regard to parking, which contributes positively to the results, the operator was changed, therefore, is expected more efficiency.
Even before the crisis in the retail sector, the fund so far reached 4.13% return considering the quota on September 19, 2016 of R$ 215.95. Our goal consists of a 6% return in 2016.
08/18/2016
R11 will distribute R$1.11 in August
The FIIGWI R11 will distribute to its shareholders on August 26 income of R$ 1.11/share. As a result of this good performance we can stand out a receiving delinquent regarding rental and condominium charges, despite the difficulties that the retail sector is facing, and also the parking project that contributes positively to a good monthly income.
To date, the FIIGWI R11 has already made a return of 3.62% considering the quota on August 17 at R$ 218.10 and are working to reach a return of 6% until the end of the year.
The Praça da Moça Shopping Mall, in Diadema, has been working to reduce avoidance and reduction of costs in the face of the challenging scenario. To promote its store mix, soon the enterprise will receive a unit of Carrefour Express network, with a forecast of 244 m² space that will offer practical items to speed up day-to-day purchases.
07/22/2016
FIIGWIR11: July income is R$ 1.04/share
The FIIGWI R11 distribute to its shareholders on 07.28.2016 monthly income of R$ 1.04 / share, corresponding to a projected annual return of 5.73% (share of R$ 219).
Although the income to be distributed in July is lower when compared to the previous month, the Fund is working to mitigate the crisis affecting the retail with the reduction of delinquency current (condominium and rental).
We also point out the Mall parking, which continues to collaborate positively in the results, and the lease of commercial office.
06/03/2016
Praça da Moça Mall celebrates 7th anniversary
7 years ago, the city of Diadema won its first shopping mall. Since then, the Praça da Moça Shopping Mall follows expanding trade options and local services, in addition to being a reference in terms of consumption, leisure, living the surrounding population and also a focal point for culture manifestations and local economy.
GWI - as one of the biggest investors -, whose FIIR11 holds 23.06%, celebrates the success of this venture that, despite the difficulties faced by the economic crisis, continues to bring innovations and improvements to the local population, with GLA of 30.655m² and a complete mix of 9 anchor stores, 5 mega stores and 160 satellite stores *.
We also thank the partnership with partners, employees, tenants, visitors and residents of Diadema by all the success!
* Source: Praça da Moça Shopping Mall
03/09/2016
FII GWIR11 rented corporate office
We are pleased to inform that GWI Real Estate, which manages the GWIR11 Fund, communicates the whole lease 601 of Birmann 31 Building for the Brazilian energy company.
Such lease will impact positively in the fund, softening the fall in income suffered by the current economic situation in the country, which affects mainly real estate corporate offices. This lease will result in increased annual profitability of 1% GWIR11 Fund, noting that the reflection can already be noticed from April this year. Further details will be reported in the monthly report of the Fund to its unitholders.
With regard to other asset real estate fund, the Praça da Moça Mall, the outlook remains challenging, especially due to the retail market suffer from instability and vacancy.
GWI, which has always sought to act with diligence and competence, thanks all shareholders of FII GWIR11 by years of investment in the fund and trust always present in our endeavors. This is another achievement of GWI Real Estate, which strives to maintain optimum performance to investors of the Fund.
For more information:
FII Renda Imobiliária (R11): 11 3702 3200 | rinvestidores@gwirealestate.com.br
12/08/2015
Happy birthday Diadema!
Diadema - the city where it’s located our Praça da Moça Mall - celebrates today its anniversary of 56 years. As a gift, the mall offers, even on a holiday, their activities of entertainment and shopping to the population from 10am to 10pm.
Being the first and only mall in the city, for 6 years the Praça da Moça Mall has been changing the population lifestyle of Diadema, improving more entertainment attractions, shopping and food options to its customers, with all the comfort and security of an enterprise with this size.
The GWI Real Estate thanks the Praça da Moça Mall for all the work and dedication that makes Diadema a better place every day! Congratulations to all of the 400.000 inhabitants by these 56 years of history!
To learn more, access: www.facebook.com/pracadamoca
11/17/2015
Institute GWI takes children to the Mall
On November 17th, the Institute GWI in partnership with GWI Real Estate and Praça da Moça Mall organized a visit day with the Institute Irmãs de Maria de Banneux. 40 students with the best performance in school, between 7-9 years, were selected to participate.
The main focus of the Institute Irmãs de Maria is to provide quality education for children from families with low income. In addition to education, the institution also offers food, uniforms, teaching materials and cultural and sportive activities for students.
Held at Praça da Moça Mall, they were welcomed by the marketing team that introduced a day with a lot of fun: They watched a movie offered by Playarte, had lunch hosted by Divino Fogão, made requests to Santa Claus and loved the skating rink builded by Play on Ice. Students knew the structure and daily operation of the mall and received safety instructions in a very fun and educational way.
As part of our principles, GWI Real Estate believes that activities like this can help children on behalf of the personal development.
We thank the Praça da Moça Mall for receiving the students in such a fulfilling way!
Learn more about the Institute Irmãs de Maria de Banneux in São Paulo: (11) 4109-6766
10/06/2015
Sale of Global Cumbica
We are proud to announce that GWI Real Estate notifies the sale of Global Cumbica enterprise to Clarion Partners, by the price of R$ 150,000,000.00. As a result of the process, the fund will be liquidated and proceeds from the sale will be distributed to the shareholders in best efforts, within the month of October. At the same time, there will be income distribution on October 23rd (September competence rental).
The GWI Group, which has always sought to act with diligence and competence, to increasingly achieve the best possible performance, thanks all the shareholders of FII GWI C11 by the years of investment in the fund.
09/24/2015
FII GWI C11 distributes R$ 1.78 in September
On 09.25.2015 will be paid to the shareholders of FII GWI Condomínios Logísticos (C11) the dividend for the month of August 2015, in the amount of R$ 1.7791 per share. From 09.21.2015 the quotas are former income. There was no retention of contingency reserve.
Nevertheless there has been an event of default, the fund had the third highest yield of history! The high returns can be seen by comparing the month yield of September/2015 to January/2015, represented by an increase of 25.73%.
08/19/2015
FII GWI C11 overcome record and closes with R$ 1.93
Next Tuesday, 08.25.2015, will be paid in the amount of R$ 1.93 per share, the highest yield in the history of FII GWI Condominiums Logistics (C11).
This shows the great job GWI Real Estate team has done for provide profitability to its shareholders.
07/21/2015
C11 fund hits record in July: R$ 1.83
As published on 07.17.2015 on the BM&FBovespa website, on this Friday (07.24.2015) will be paid to the shareholders of FII GWI Condomínios Logísticos (C11) the relatives profits of June 2015, amounting to R$ 1.8336 per share. Starting from 07/20/2015, the shares are former income. Despite of an default event, the late value was received last month and also an amount related to a judicial agreement on behalf of the Fund, resulting in a record distribution. The profit of July was 4% higher than the previous month and 30% higher than distributed in 2015 January.
07/03/2015
FII GWI R11 is 1st in the Top 5 of the year
The GWI R11 Fund is in 1st place in the ranking of income-Shopping center according to Investidor Institucional magazine (June ed.; 2015. p. 18). The election, which considered the value of the quota, ranked the GWI R11 ahead of other funds as FII Higienop, FII Gen Shop and FII CSHGShop.
This reflects the dedication of the staff GWI Real Estate, which strives for ever more, increase the performance of your funds and adding value to its assets.
06/23/2015
FII GWI C11 distributes R$ 1.75 in June
On June 25, 2015 will be paid to the shareholders of FII GWI Condominiums Logistics (C11) revenue for the month of May 2015, of R$ 1.7552 per share. As of June 19, the quotas are former income. The increase in revenue compared to last months is mainly due to the entry of two new tenants and the annual adjustment of certain contracts.
06/01/2015
New record: FII GWI C11 distributes R$ 1.626 in May
The FII GWI C11 recorded, once again, a record high distribution, yielding R$ 1.626 per share.
In fact, total distribution in May exceeded in 2.46% the distribution of April, which until then was the largest distribution since inception.
This is the result of hard work from GWI staff, which increasingly targets shareholders interests, seeking not only a great performance in terms of yield, but also to create more value to the Global Cumbica asset.
05/29/2015
6° Shopping Praça da Moça Anniversary
In May, the Shopping Praça da Moça - the only one of Diadema - whose FII R11 holds 23.06%, celebrated its 6th anniversary. In these six years, we follow the evolution of the SPM, which GLA is 30.655m², which was consolidated more and more as the main shopping center of the region, attracting annual flow of 9 million visitors from Diadema (73%), São Paulo (20%), São Bernardo do Campo (6%) and other areas of influence (1%).
Part of this success is due to the team of GWI Group, who works tirelessly to increasingly improve the performance of sales and rents for the benefit of our shareholders.
As a major investor, the GWI congratulates this milestone and thank the partnership with associates, employees, tenants, visitors and residents of Diadema around success. #SPM6anos!
04/30/2015
GWI C11 - Distributes R$ 1.59 * in April
Showing an increasing commitment to excellence, FII GWI Condomínios Logísticos (C11) distributed dividends, in April 2015, totaling R$ 1.5871 per share.
As a result of GWI team's effort, April outperformed the month of February 2015, which until then had been the month with the highest yield - in the amount of R$ 1.5761 per share.
Thus, aiming at the satisfaction of shareholders, GWI develops a work increasingly focused on increasing revenue, without, however, setting aside the necessary improvements to make the asset more competitive, and able to provide the best facilities for its tenants.
* 1.587162137
03/24/2015
Distribution of March is the second largest in the history of GWI C11
The GWI C11 Fund distributes, at 03/25/2015, the second largest dividends distribution in its history: R$ 1.5701 per share.
The fund had a new case of default, but well below previous periods. The effect of default was partially diluted by the receipt of rent from new tenants. From 03/19/2015 and on, quotas will be ex-dividend.
Thus, GWI Real Estate, adviser of the fund, reaffirms its commitment to achieve more and more good deals, increasing the performance of the fund, as well as increasing value to real estate assets.
02/19/2015
C11 achieves all-time high dividend distribution
We hereby inform that, as a result of the outstanding performance from GWI Real Estate team on renegotiating existing contracts and seeking new tenants, an all-time high dividend payment will be executed on February 25th, totaling R$1,5761 per share.
From February 19 onwards shares will trade ex-dividend. The amount relative to last month’s delinquency was successfully received. In February, our asset enjoyed a significant reduction on delinquency ratios, which enabled us to increase dividend distrubution, even considering the retention of contingency reserve. During the current month we were also able to lower condominium expenses, after closing a contract with a new tenant.
01/21/2015
Block B fully located
Cummins – designer, manufacturer, distributor and service provider related to engines, filtration, and power generation products – has increased its occupancy within Global Cumbica. The company currently locates 7 modules within our logistics warehouse.
Starting now, Cummins has signed for the rental of an additional module – B5, which will increase the company’s total leased area to 12,545.6 sqm. We now have all of our modules available within Block B fully located.
It is worth mentioning that Cummins has maintained a long-term relationship with Institute GWI (almost 3 years), which includes activities related to education, social and environment projects not only within our logistics condominium - Global Cumbica – but also in the neighborhoods of Guarulhos and Bom Retiro – SP.
GWI takes the opportunity to thank Cummins for the partnership and mutual trust. We view this announcement as another achievement from GWI Real Estate, which strives to maintain optimum performance to all our investors.
12/23/2014
GWI in Los Angeles
From December 19 to December 24, GWI Real Estate Development Manager, Marco Aurélio Mendonça, along with GWI Group CEO, Mr. Mu Hak You, Executive President, Ms. Jong Sun Kim You, Gabriela You and Thiago You, the last two board members for GWI Real Estate, will be visiting Los Angeles.
This trip final goal is to provide a deeper understanding of the development and operations of Lifestyle Centers to help us succeed in our future project from GWI Real Estate, Splendido, located on Alameda Araguaia, in Alphaville.
We reaffirm that such business trips are important to help us develop a more comprehensive business vision and experience GWI (comprehend and better understand aspects of the environment).
12/22/2014
Shopping Praça da Moça – Extended hours due to Christmas
Shopping Praça da Moça, in Diadema, is conducting a campaign named “Natal Encantado”, which expects to reward a client with a Audi A1 Sportback 0Km, a model that unites modern design, comfort, efficiency and safety.
The campaign will be held from November 10, 2014 to January 8, 2015. It is easy to participate: collect fiscal receipts of purchases on any stores or kiosks within the mall. Every R$200 of purchases guarantees one coupon, to be collected at the exchange points, situated on “Piso Paineira”.
At the exchange points, the participant should fill up registration information and hand out a coupon, answering the following question: “Which shopping mall is giving out a Audi A1 for Christmas?”.
In order to boost sales and ensure higher traffic flow of clients up to Christmas day, the shopping mall has also extended opening hours, according to the following timetable:
- From December 15 to December 22 – closing 23h00
- December 23 – closing 24h00
- December 24 – from 9h00 to 18h00
Website: www.shoppingpracadamoca.com.br
12/17/2014
GWIC11 distributes R$1,45 in December
As published on December 16th in BM&FBovespa’s website, the dividend distribution relative to November 2014, will be paid on December 23th, totaling R$1,4543 per share. From December 17th onwards, shares will trade ex-dividend.
The sum referring to October’s delinquency from one of our tenants was successfully received, including interest and penalties. However, in November we saw an additional default on payment from one of the tenants. Similar measures have been applied, ensuring that the appropriate amount, including interest and a penalty, will be received over the next month.
12/15/2014
FII GWIC11 showing great performance in 2014
Reflecting a more effective management of tenant mix and emphasizing the unique quality of our asset, GWI Condomínios Logísticos (“C11”) has showed robust performance this year in dividend distribution. Up to September 2014, GWIC11 has delivered an annualized average yield of 8,67%, compared to 7,81% during all of 2013, an 85 basis point improvement.
We see this as a sign of our continued commitment to improve quality of service delivered to current tenants, while actively prospecting new commercial agreements.
For additional information: (11) 3702-3200 | rinvestidores@gwirealestate.com.br | www.gwirealestate.com.br
11/24/2014
GWIR11 distributes R$1,80
As published in BM&FBovespa’s website, the dividend distribution relative to October and November 2014, will be paid on November 28th, totaling R$1,80 per share. From November 19th onwards, shares will trade ex-dividend.
During this period, the shopping mall asset within our fund showed a reduction on receivables, mainly impacted by operations on food and entertainment. Vacancy ratios, in turn, showed a slight improvement, although receivables have still not shown a positive impact, since the latest three new operations are still in grace period (two of them until December and the other until February 2015).
On the other hand, rentals for our commercial floor in Av. Faria Lima have been properly and timely paid.
11/18/2014
GWIC11 Distributes R$1,31 in November
As published on BM&FBovespa website on October 17, 2014, GWI Condomínios Logísticos (C11) will distribute dividends relative to October 2014 on November 25, 2014, totaling R$ 1,3175 per share.
From November 17 onwards, shares will trade ex-dividend. Although we have received a non-recurring inflow of R$96 thousand during the period, as a result of a positive outcome from a legal administrative negotiation, we were also negatively impacted by lower operating revenues due to higher-than-expected delinquency on one of our tenants (first time of the year). We have already taken the necessary legal measures to ensure the payment next month, adjusted for a penalty and interest accrued during the period.
11/04/2014
GWI planning multiuse project
Given Brazil’s many structural problems, including omnipresent traffic jams and an inefficient public transport system, multiuse projects have appeared as an alternative for those looking for convenience and a more integrated lifestyle, providing easy access to commercial centers, offices, residential towers, hotel facilities and leisure and recreational facilities. In this context, multiuse projects have been widely accepted by the market and are being embraced as an alternative that promote better urban mobility conditions and a greater sense of community around the city of Sao Paulo.
GWI has been developing “Splendido”, a multiuse project situated in Alphaville’s best location, which is composed of a lifestyle center, residential towers, and a residential flat accommodation with comprehensive convention center and events areas and integrated parking. The 19,861 sqm plot of land is located on the corner of Al. Araguaia and Al. Rio Negro. Splendido Lifestyle Center will become the largest food court, services, convenience and entertainment center in Alphaville.
Aside from a comprehensive mix of restaurants and fast-food options, Splendido will provide an array of bakeries, premium supermarkets, bank branches, pharmacies and other specialized services, offering all the desired convenience and easy access to our targeted public of tenants and residents.
10/16/2014
Improvements and new accesses add further value to Global Campinas
The concessionaire Rota das Bandeiras has been executing over the last month recovery of D. Pedro I highway pavement (so-called SP-065) from its Km 141 (where GWI Global Cumbica is located) to Km 145 (junction with Anhanguera highway). It refers to one of a series of additional works on D Pedro I highway aimed at improving access and reducing traffic. In addition to these improvements, the expropriation of part of our real estate for creation of new accesses will appreciate even more GWI Global Campinas real estate located in a privileged area of Campinas, where projects with industrial, retail and commercial vocation are allowed. For more information, see our website!
09/24/2014
GWI Real Estate on social responsibility
On September 5, GWI Real Estate, in partnership with the GWI Institute, organized its first operations day in Diadema. The invitation was sent to a total of 35 students (age 15-20) from Instituto Acer do Brasil. The institute develops artistic activities and actions aimed at preventing children from living on the streets and also towards building alternative and more adequate ways of living. In sum, it also promotes community support which helps in the development of the city of Diadema.
The aforementioned event took place in Shopping Praça da Moça, where the students were welcomed by marketing professionals. In sequence, institutional speeches were given with respect to the property, social responsibility and safety in the workplace. Following the speeches, students had the opportunity to get in touch with the mall structure and also to better understand the daily routine of a shopping mall administrator professional.
GWI hereby thanks Shopping Praça da Moça for providing this opportunity to the students. As part of our principles, GWI Real Estate believes that such activities can help students by providing a broader and clearer view of the labor market.
For further information on Acer projects, visit www.acerbrasil.org.br
07/21/2014
GWIR11 – Distributes R$ 1.80/share in July
As published today on BM&FBovespa’s website, the dividend payment to GWIR11 stockholders for June and July 2014 will be made on July 28, a total of R$1.80 per share. As of July 21, shares trade “ex-dividend”.
During this period, we noted a decline on receivables, mostly explained by sales deceleration arising from the World Cup period and higher delinquency ratios. Please refer to our monthly report for additional details (www.gwirealestate.com.br).
07/18/2014
GWIC11 – Distributes R$ 1.37/share in July
As published today on BM&FBovespa’s website, the dividend payment to GWIC11 stockholders for June will be made on July 25, a total of R$1.3706 per share. As of July 18, shares trade “ex-dividend”.
The 1.48% drop in return is attributable to a higher vacancy after one of tenant’s contract expired. The negative impact on return was partially offset by an installment from a court settlement and by the contractual revision for one of our largest tenants.
07/16/2014
New Director Plan leads to GWI Marechal Tito appreciation
Following the approval of the new Director Plan by São Paulo’s city council , GWI’s property, located in the east zone of the city, will be once again benefited. Alongside with the fiscal incentives towards the region together and the construction of a new bus-only lane right across our property, the new Director Plan amplifies the construction coefficient and promotes financial incentives for the development of multiuse projects – those combining residential and corporate buildings, with retail stores.
On the back of its premium area and unique location, favoring the construction of a multiuse project, GWI Marechal Tito’s property and its future development will be relevantly benefited by the incentives and benefits promoted by São Paulo’s new Director Plan.
07/08/2014
GWI FIIs among the Top 5
According to the real estate investment funds guide published by the Investidor Institucional magazine in its June 2014 edition, GWIC11 and GWIR11 funds ranked first under three categories: internal rate of return (IRR), market value over net asset value and capital gain.
06/30/2014
Improvements on Global Campinas
The investments of Rota das Bandeiras right across Global Campinas 383,000 sqm (and 554m facade) land plot, located at Km 141 of Rodovia D. Pedro I, next to Rod. Anhanguera’s access will begin with the construction of a new walkway in order to meet accessibility requirements, and of a new roadway, facilitating access not only of vehicles but also of pedestrians. According to the company, the construction process is expected to be completed in 2015.
06/25/2014
GWI Real Estate investment funds outperform market
GWI’s real estate investment funds, Logistics Condominiums (C11) e Real Estate Income (R11), delivered higher total performance (appreciation of price per share plus dividend yield) than the best funds of the IFIX index in the last twelve months. The outperformance is even greater when compared against peer funds by sector. In particular, the logistics real estate investment funds delivered total return of -11% in the last twelve months and +3,61% year to date, while the GWIC11 fund had total return of +6,1% in the last twelve months and 5,65% in 2014. The performance of GWIR11 (a fund with assets of a Shopping center and office space) beat its peers by an even wider margin, with total return of +8,4% in the last twelve months and +2,63% this year compared to its peers’ -9,7% in the last 12 months and +1,92% in 2014.
06/25/2014
Note of clarification: PADOVASA Fraud
We hereby inform that GWI is not familiar with the company named “Mattar & Oliveira – Air Conditioners”, also known as PADOVASA. Furthermore, GWI also recognizes that the company has been improperly using Global Cumbica’s address. In order to deal with such illegal practices and preserve GWI’s rights, a police report was filed (950/2014) by the 6th Police Precinct in Guarulhos.
06/25/2014
GWI investment funds outperforming market
GWI real estate investment funds, Condomínios Logísticos (C11) and Renda Imobiliária (R11), have shown superior total returns (dividend distribution plus capital gain) relative to the best performing funds of the IFIX índex in the last twelve months. Such a performance is even more representative when comparing our funds to their closest peers. More specifically, total returns for those funds focusing on logistics reached -11% in the past twelve months and +3.61% year-to-date, while GWIC11 posted a 6.1% return in the last twelve months and 5.65% in 2014. As for GWIR11, total returns have also outperformed its peers, with total returns of 8.4% in the last twelve months (vs. 9.7% for its peers) and 2.63% year-to-date (vs. 1.92% for its peers).
11/13/2013
Itatibense is newest tenant at Global Cumbica
Itatibense, a company specializing in logistics solutions, transportation and general storage for the industrial and cargo sectors, is the newest tenant of logistics condominium Global Cumbica. In a contract signed in November 2013, Itatibense will occupy two warehouse modules of Block A.
Global Cumbica was chosen by the company due to its strategic location and the quality of infrastructure. In addition, the establishment has on-site management, a restaurant, a luncheonette, a multi-sport facility, 24-hour security and a variety of differentiated services for tenants.
For more information about warehouse and office space in Guarulhos, please contact GWI Properties via phone at (11) 3702-3200 or email at cumbica@gwirealestate.com.br.
10/28/2013
After selling inventory in first part of year, homebuilders will launch more in 4th Quarter
Launches of the homebuilders in 2013 will be more concentrated in the fourth quarter than usual due to a number of factors impacting the homebuilding segment this year, including approval delays and the companies’ focus on selling existing inventory up to now. The largest companies in aggregate launched R$ 4,34 billion in the third quarter, 7,8% below a year ago, while sales were down 4,9% to R$ 4,59 billion, much of which was inventory.
10/02/2013
GWI closes deal with Chint Electric
Chint Electric, a chinese multinational that produces low voltage electric products, agreed to rent warehouse space at Global Cumbica, located in Guarulhos. The lease contract signed in September included one warehouse module and an office space in Block A.
For more information to rent warehouses and commercial offices in Guarulhos, contact us on the phone: +55 (11) 3702 3200 | cumbica@gwirealestate.com.br.
09/03/2013
GWI does corporate responsibility with Cummins
On August 20, GWI Real Estate, along with the GWI Institute, organized once again the day of operation. Unlike what was done in May this year, GWI made a social partnership with their client Cummins.
30 students aged between 15 and 20 years of technical course on mechanics from the Dom Bosco Institute were invited, and the organization served for free more than 6000 people through educational programs and training courses for young and low-income adults in the metropolitan region of São Paulo.
The visit began at the Cummins factory, where the students were welcomed by professionals with a breakfast. Then the students had institutional lectures on the company business, corporate responsibility and guidance about safety at work. After the lecture, the students viewed the engines plant, where they could see the day-to-day business of a professional mechanic.
Later, the students visited the Global Cumbica, where they had lunch and met the offices and warehouses of Cummins and they could see where the logistical operation of the company. To conclude the event, Cummins prepared two lectures on topics of motivation and career plan.
GWI thanks Cummins for opening the space for students and Chaplin Café for the courtesy lunch. As part of our principles, GWI Real Estate believes that activities like this can help young people have a broader view of the labor market.
To learn more about IDB projects, visit: www.idb.org.br
7/23/2013
GWI Administrates Parking Lots
The Alpha Park, company from the GWI Group, took this month the operation of a parking lot located in Alphaville, at Al. Araguaia, 1302, close to the Iguatemi mall.
Alpha Park works Monday to Friday, from 7am to 10pm, and has a high end insurance and over 540 parking spaces.
For more information about monthly parking spaces and agreements, please contact us at: +55 (11) 4208-4500 | alphapark@gwiproperties.com.br
07/21/2013
GWIC11 – Distributes R$1.37/share in July
As published today on BM&FBovespa’s website, the dividend payment to GWIC11 stockholders for June will be made on July 25, a total of R$1.3706 per share. As of July 21, shares trade “ex-dividend”. The 1.48% drop in return is attributable to a higher vacancy after one of tenant’s contract expired. The negative impact on return was partially offset by an installment from a court settlement and by the contractual revision for one of our largest tenants.
05/27/2013
Valentine’s Day at Praça da Moça
The Praça da Moça Mall, located in Diadema, is promoting a new marketing campaign for Valentine’s Day (celebrated June 12 in Brazil).
For every R$250 spent in one of the participating stores or kiosks, the buyer earns a coupon for a lottery of a pair of bicycles. The promotion begins May 17th and runs until June 16th, and a total of 500 bikes will be raffled.
For more information regarding the promotion, access: www.shoppingpracadamoca.com.br
5/20/2013
Pronto Cargo is the newest tenant at Global Cumbica
Pronto Cargo is a transport, stocking and distribution company with offices in São Paulo and Manaus.
In a contract made in April, Pronto Cargo is now occupying a unit in Block A of Global Cumbica, located in Guarulhos.
For more information regarding leasing of warehouse and office space please contact +55 (11) 3702-3248 or send an email to cumbica@gwirealestate.com.br
05/15/2013
Social Responsability at Global Cumbica
On April 24, 2013, GWI Real Estate, in a partnership with the GWI Institute, promoted another social event at the Global Cumbica logistical condominium. Thirty students enrolled in professional business training and electrical courses at the Dom Bosco Institute were invited to tour the facilities of two tenant companies. At Dufry, the students had the opportunity to learn about the day-to-day operations of a logistics company, and at Kuehne Nagel, they learned about the work involved in maintenance of a cold storage facility.
The Dom Bosco Institute Is a nonprofit entity that serves low income children, teens and adults from the Bom Retiro neighborhood in São Paulo. GWI Properties thanks all its tenants for their support in the social partnership that will benefit these youngsters in their future employment decisions.
04/25/2013
Investor Demand Remains Strong for Brazil Shopping Malls and REITs
Continuing a trend seen in 2011 and 2012, investor demand remains strong for shopping malls and real estate investment trusts (REITs) in Brazil. Data from the BM&FBovespa shows that more than 100,000 individual investors invest in REITs, which represents growth of 160% versus a year ago. A key attraction of investing in REITs is the tax-exemption on dividends for individual investors.
Another vector of strong demand is in shopping mall debt and equity. For example, through the first four months of 2013, four of the publicly listed shopping mall operators announced transactions that could raise a total of R$2.13 billion, which would be more capital raised than in all of 2012 (R$ 1.95 billion). The influx of capital is intended to finance the inauguration of new malls, which the Brazilian Association of Shopping Malls expects to reach 46 in 2013, well above the 27 malls inaugurated in 2012.
04/03/2013
GWI and CNLOG close lease agreement
CNLOG, a specialist in providing logistical support and storage services for marketing campaigns, is the newest tenant of the logistical park Global Cumbica, located in the city of Guarulhos. In a contract closed in February, CNLOG agreed to occupy one module of Block A.
For more information about leasing rates and for office and warehouse space in Guarulhos, please enter in contact with GWI Real Estate at (11) 3702 3200 | cumbica@gwirealestate.com.br.
03/05/2013
Shopping malls see robust growth during Christmas season 2012
According to the Brazilian Association of Shopping Centers – Abrasce, sales during the 2012 Christmas season at shopping malls in Brazil grew, on average, 15% relative to the same period in 2011. Categories with the strongest growth include youth fashion (surfwear), telecommunications, cosmetics and toys. The extended weekend holiday before Christmas could have contributed to the strong sales, providing more time for shoppers to make purchases.
The Praça da Moça shopping mall, in which GWI Real Estate owns a stake, grew almost twice as rapidly as the industry average. Operational revenue grew 32.9% in 2012 relative to 2011 and 28.9% in December 2012 versus the same period a year ago.
02/22/2013
GWI joins Abrasce
GWI Real Estate joined Abrasce – the Brazilian Association of Shopping Centers, the institution that officially represents the sector in Brazil. With 36 years of service, the Association brings together the main developers, administrators, service providers and retailers, with the objective of strengthening the industry on a national scale.
By joining Abrasce, GWI increases its participation in the shopping center industry.
12/10/2012
GWI Properties assumes administration of Global Cumbica and Alpha Tocantins
As of December 11, 2012, GWI Properties will assume building administration duties of Global Cumbica in Guarulhos and the office building Alpha Tocantins, in Alphaville.
This decision was taken to build a closer relationship with tenants and to better understand the daily operation of each of these properties.
For more information, please contact us via telephone at +55 (11) 3702-3200 or via email: contato@gwiproperties.com.br.
12/04/2012
Shopping Center grows in Brazil
In 2012, shopping centers are having the best year in history. Twenty eight shopping malls were opened this year and 48 more openings are planned for 2013 in all regions of the country. Approximately 460 malls in operation will generate more than R$120 billion in revenue this year, growing 12% relative to 2011, supporting more than 770,000 jobs, according to the Brazilian Association of Shopping Centers (Abrasce).
GWI Real Estate owns a minority stake in Shopping Praça da Moça, which opened in May 2009 and is the first and only shopping mall in the city of Diadema. With a gross leasable area of 28,789 m2, the mall has 10 anchor stores and more than 138 satellite stores and features Playarte cinemas.
For more information access: www.shoppingpracadamoca.com.br
10/16/2012
“My House, My Life” program changes will benefit real estate sector
On October 4, the Brazilian government announced a series of changes in the “My House, My Life” low-income housing program, including increases in price caps for housing and greater subsidies.
For instance, the highest price cap of R$170,000 was raised to R$190,000 for units in the principal metropolitan areas of Sao Paulo, Rio de Janeiro and Brasília. In addition, the interest rate for financing for buyers in the third lowest range of income was reduced by one percentage point to 7.16% per year. The goal of all the aforementioned and other changes is to increase access to the program. The resulting increase in demand should benefit many homebuilders that operate in the market for low-income housing eligible for MCMV financing.
GWI, through one of its subsidiaries, owns property in the Sao Miguel Paulista region of Sao Paulo, and is analyzing the possibility of a residential development project.
10/15/2012
GWI and Etecon sign lease agreement
Etecon is the newest tenant at Global Cumbica Distribution Park located in Guarulhos. After signing a contract in July, Etecon will be occupying an office space.
For more information regarding leasing of office space at Global Cumbica, please contact (11) 3702-3200.
09/26/2012
GWI provides new array of services for clients
Starting this month, GWI Real Estate will begin providing an array of services for tenants of its Global Cumbica Distribution Park to facilitate day-to-day operations. Services that will be able to be contracted through GWI Real Estate include:
- Rental of audio / video equipment
- Cleaning services
- Building maintenance assistance
- Rental of dock levelers, forklifts, bucket lifts, etc.
This is another initiative of GWI Real Estate for our clients. For more information, please enter in contact with GWI via e-mail at servicos@gwirealestate.com.br
08/29/2012
Global Sorocaba project receives approval
This week, GWI Real Estate obtained a license for construction in the municipality of Sorocaba.
Strategically located in an industrial region of the city, next to the Senador José Ermírio de Moraes Highway and close to the highways Presidente Castelo Branco and Raposo Tavares, Global Sorocaba is ideal for either build-to-suit or distribution center projects. Aside from its location, the attractive characteristics of the project include all its shared infrastructure in security and amenities.
For more information, please enter in contact with us via telephone at (11) 3702-3200 or via email: empreendimentos@gwirealestate.com.br
08/06/2012
GWI Real Estate hosts students from Dom Bosco
On August 3, GWI Real Estate hosted 30 students between the ages of 15 to 20 years in the class of 2012 from the Dom Bosco Institute (IDB) for a visit of the Global Cumbica distribution park. The visit began with a welcome breakfast provided by GWI and Dalkia. During the tour, students had access to warehouses of Dufry, Tam Airlines and Kuehne Nagel.
The Dom Bosco Institute (IDB) is a social organization in partnership with GWI Institute that helps more than 6,000 young adults each year by providing educational programs in the city of Sao Paulo, Brazil. As an integral part of our values, GWI Real Estate promotes activities like this one to help young people have a broader view of the labor market in Brazil.
For more information access:www.idb.org.br
07/26/2012
GWI and Webcargo sign lease agreement
Webcargo, a company providing reverse logistics, is the newest tenant at Global Cumbica Distribution Park located in Guarulhos. After signing a contract in July 5th, Webcargo will be occupying an office space.
For more information regarding leasing of office space at Global Cumbica, please contact (11) 3702-3248.
06/04/2012
Cummins is the newest tenant at Global Cumbica
Cummins, corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, is the newest tenant at Global Cumbica Distribution Park located in Guarulhos.
After signing a contract in may 28, Cummins will be occupying 6 units in Block B which has 10,977 sqm of leasable space.
For more information regarding leasing of warehouse and office space please contact (11) 3702-3248 or send an email to cumbica@gwirealestate.com.br
04/03/2012
GWI to participate in Intermodal South America Trade Exhibition 2012
GWI Real Estate announced today that it will participate in Intermodal South America 2012, with a 50 sqm stand, where it will present its high-end multi-tenant distribution parks, as well as build-to-suit opportunities in our premier-located land bank in the Sao Paulo state. In addition, the company will also introduce its 2 newest distribution parks: Global Jundiaí II and Global Vinhedo.
Held on Transamérica Expo Center in São Paulo on April 10-12th, Intermodal South America is the leading integrated exhibition and conference event for international trade, logistics, transport and cargo handling in Latin America, with over 450 exhibitors from all over the world and 50 thousand participants.
Our stand is C-42 and will be located between M and N hallways.
02/23/2012
GWI and Luxor Sign a Lease Agreement
Luxor, a company providing customs clearance solutions is the newest tenant at Global Cumbica Distribution Park located in Guarulhos. After signing a contract in February Luxor will be occupying an office space.
Global Cumbica still has a 200m2 office space available for leasing.
For more information regarding leasing of office space at Global Cumbica in Guarulhos, please contact (11) 3702-3248.
02/13/2012
Supersonic is the newest tenant at Global Cumbica
Supersonic, a transportation and logistics company is the newest tenant at Global Cumbica Distribution Park located in Guarulhos.
After signing a contract January 16, Supersonic will be occupying a unit in Block A which has 1,213 sqm of leasable space.
For more information regarding leasing of warehouse and office space please contact (11) 3702-3248 or send an email to cumbica@gwirealestate.com.br
01/23/2012
GWI, the fourth most profitable real estate fund of Brazil in 2011
GWI Distribution Parks, our Real Estate Investment Fund (in portuguese, FII GWI Condomínios Logísticos) returned 38% to shareholders in 2011. The fund was ranked fourth most profitable real estate fund (FII) in Brazil by the newspaper Valor Econômico, among the 66 real estate funds registered and authorized to trade on the stock exchange or over-the-counter of the BM&FBovespa.
Among the funds with a focus on the logistics sector, FII GWI Condomínios Logísticos was the best performing fund in Brazil.
For more information about the fund, access here.
01/06/2012
GWI to launch second real estate fund
Since its public offering in 2012, GWI Distribution Parks, our Real Estate Investment Fund (in portuguese, FII GWI Condomínios Logísticos) has been one of Brazil´s best performing funds (FII). Due to this successful track record, GWI Real Estate decided to launch its second real estate fund: GWI Real Estate Income Fund.
This time, the fund will be administered by Rio Bravo Investments, and will own Praça da Moça Shopping Mall, located in Diadema, and an office floor in Brigadeiro Faria Lima Avenue, in Sao Paulo. CVM, the Brazilian SEC, approved the new fund on January 2nd , 2012.
The public offering of shares is planned for the first quarter of 2012.
08/09/2011
Foxconn is the newest tenant at Global Jundiaí
Foxconn, the world´s largest computer assembly and electronic components manufacturer, is the newest tenant at our Global Jundiaí distribution park, which is located at km 66 of Anhanguera highway.
For lease information about office and warehouse spaces at Global Jundiaí, please contact Flávio Ferreira at +55 11 3702 3248
08/08/2011
FII GWI Condomínios Logísticos, 4th best performing real estate fund in Brazil
Displaying a 20% plus return in the first semester of 2011, FII GWI Condomínios Logísticos was named by Economática as the 4th best performing real estate fund in Brazil.
For further information about the fund, please click here.
07/27/2011
GWI launches an automated customer service system
GWI Real Estate launched today an integrated customer service system, which aims to improve the quality of its services. The new property management module will allow our tenants to request and monitor their service demands.
The new system will support GWI´s operations team, allowing it to have a more centralized control of the level of service provided and customers´ requests history.
07/21/2011
FII GWI Condomínios Logísticos, 5th best performing real estate fund in Brazil
Displaying a 20% plus return in the first semester of 2011, FII GWI Condomínios Logísticos was named by Valor Econômico newspaper as the 5th best performing fund among all 39 public traded real estate funds in Brazil
Among the funds with a focus on the logistics sector, FII GWI Condomínios Logísticos was the best performing fund in Brazil.
For further information about the fund, please click here.
06/14/2011
GWI and Dachser sign lease agreement
Dachser, a leading German company of intelligent logistics, is the newest tenant at our Global Cumbica distribution park in Guarulhos. Dachser leased one office on June 2011. Currently, Global Cumbica has two offices of 80 m² each available for lease.
For lease information about office and warehouse spaces at Global Cumbica, please contact Flávio Ferreira at +55 11 3702 3248
03/29/2011
GWI to participate in Intermodal South America Trade Exhibition 2011
GWI Real Estate announced today that it will participate in Intermodal South America 2011, with a 300 sqf stand, where it will present its high-end multi-tenant distribution parks located in Guarulhos and Jundiaí, as well as build-to-suit opportunities in our premier-located land bank in the Sao Paulo state. In addition, the company will also introduce its 2 newest distribution parks: Global Sumaré and Global Vinhedo.
Held on Transamérica Expocenter in São Paulo on April 5-7th, Intermodal South America is the leading integrated exhibition and conference event for international trade, logistics, transport and cargo handling in Latin America, with over 550 exhibitors from all over the world and 50 thousand participants.
Our stand is C-28 and will be located between M and N hallways.
03/28/2011
GWI and TES-AMM sign lease agreement
Tes-Amm, a leading Singaporean company in the electronic products recycling business, is the newest tenant at our Global Cumbica distribution park in Guarulhos. Tes-Amm leased one warehouse module on February 2011, which will bring Block D 6.238 m² of leasable area to a 100% occupancy rate.
For lease information about office and warehouse spaces at Global Cumbica, please contact Flávio Ferreira at +55 11 3702 3248
03/25/2011
Rio Linhas Aéreas is the newest tenant at Global Cumbica
Rio Linhas Aéreas, a leading air freight company, is the newest tenant at our Global Cumbica distribution park in Guarulhos. Rio Linhas Aéreas leased one warehouse module on February 2011, which will bring Block D 6.238 m² of leasable area to a 100% occupancy rate.
For lease information about office and warehouse spaces at Global Cumbica, please contact Flávio Ferreira at +55 11 3702 3248
02/11/2011
GWI Property Fund´s public offering raises R$24MM
On 02/11/11, GWI Property Fund´s public offering ended with a total amount raised of R$24.234.120 and 36 investors. The offering proceeds will be invested in the construction and expansion of GWI Real Estate´s second distribution park, Global Jundiai.
Starting from 02/14/2011, the shares can only be purchased through the BM&FBOVESPA exchange and will be traded under the ticker GWIC11. Since its inception until 01/31/11, the GWI Property Fund has shown a cumulative return of 47,64%, offering an excellent investment exposure to the Brazilian industrial real estate sector as well as a diversification alternative among the different investment classes.
12/06/2010
Brazilian National Development Bank (BNDES) approves R$27.4 million financing to GWI Real Estate
The Brazilian National Development Bank (BNDES) approved a R$ 27.4 million financing to GWI Real Estate S.A. The proceeds will be used in the development of GWI Real Estate´s second distribution park, “Global Jundiaí”, which is located at km 66 of Anhanguera highway, next to Jundiaí’s industrial district.
The financing is part of BNDES’ FINEM credit line program and represents 50% of the project’s total cost.
The property represents a R$55 million investment and encloses 92,477 sqm with 185 meters directly facing the Anhanguera highway. It will have two modules with a total leasable area of 41,170 sqm, including office space. Besides technical specifications such as 12-meters clear height and laser-leveled high-resistance floor with capacity for 6 ton/sqm, the “Global Jundiaí” also has other amenities: 24/7 armed surveillance, bullet-proof entrance and computerized security system, restaurant and cafeteria, 20 meters-wide maneuvering space and cross-docking layout.
11/09/2010
GWI to Participate in Brazil GRI 2010
GWI Real Estate announced today that it will participate in GRI's 2010 Brazil Real Estate Investment & Development Forum being held at Intercontinental Hotel in Sao Paulo on November 10th. Carlos Barcellos, chief executive officer for GWI will participate in the Logistics & Warehouse Development panel starting 5:15pm that will discuss the Brazilian opportunities and outlook for the Brazilian industrial real estate sector.
10/29/2010
GWI joins Green Building Council
GWI Real Estate communicates that it is now member of the Green Building Council Brazil. Founded in 2007 in Brazil, GBC’s mission is to develop the national sustainable construction industry, using market forces to conduct the adoption of Green Building practices in an integrated process of: conception, implementation, construction and operation of buildings and constructed spaces.
With the GBC membership, GWI reinforces its social responsibility and support to environment sustainability.
09/24/2010
GWI implements ERP system
Since September 2010, GWI Real Estate operates with a new integrated Enterprise Resource Planning (ERP) system. Developed by Softplan specifically for the real estate market, SIENGE runs on Web platform with a workflow approach, and integrates all company processes: finance (accounting, accounts payable, accounts receivables, treasury, fixed assets), commercial (lease management), technical (budgeting and construction control) and legal (documentation control).
08/12/2010
GWI and DHL sign lease agreement
DHL, a global logistics company, is the newest occupant at our Global Cumbica distribution park in Guarulhos, taking two office spaces. As well as warehouses, Global Cumbica includes 28 office spaces available for lease, ranging from 80 sqm to 400 sqm.
For lease information about office spaces at Global Cumbica, please contact Fernanda Leal at +55 11 3702 3256.
08/11/2010
CVM (Brazilian SEC) approves GWI Property Fund offering
Starting today, Socopa S.A. is coordinating the secondary public offering of GWI Real Estate Investment Fund, totaling R$ 43.770.720,00. Fund shares will trade at BM&FBOVESPA under the ticker GWIC11.
The Real Estate Investment Fund GWI Distribution Parks (in portuguese, FII GWI Condomínios Logísticos) aims to invest in high-end logistics properties strategically located on the main logistics corridors in Brazil with great concentration of economic activity and close to major highways.
Offering materials will be available for prospective investors in the Coordinator’s office, and can be downloaded from the websites Socopa e GWI Real Estate. Additional information about the Fund and the offering can be obtained with the Coordinator or with Comissão de Valores Mobiliários – CVM (Brazilian SEC).
08/03/2010
GWI Real Estate plays host to students from ISMART
On the 29th of July, 22 students from ISMART, a social organization in partnership with GWI Institute, visited the distribution parks of GWI Real Estate. Students from the 2nd and 3nd years of high school, who are interested in studying Engineering or Architecture, were invited.
The visit, which was accompanied by the GWI technical team, started at the Global Jundiai warehouse construction site, where the students were hosted by the technical and Engineering teams during a breakfast. Throughout the tour of the warehouse, the students were informed about research pertaining to the construction industry.
Later, the group went to Global Cumbica, in Guarulhos, to see a distribution park in operation, and participate in a lecture by the GWI technical team, in which the main features and opportunities of the Engineering and Architecture careers were explained.
With activities like this, GWI Real Estate hopes that young students can make informed decisions about their careers and increase their chances of success. For more information access: Instituto GWI: www.institutogwi.org.br | ISMART: www.ismart.org.br
08/02/2010
Dufry leases warehouse at Global Cumbica
Duty Free Dufry, a global travel retailer with operations in 42 countries with 1100 shops located at airports, cruise liners, seaports, and other touristic locations, is the new occupier of GWI's Global Cumbica Distribution Park, located near the São Paulo International Airport.
According to the agreement, signed on July 30th, Dufry will occupy two units in Block A warehouse. With 19,501 sqm of gross leasable area, Block A’s warehouse is now 100% leased.
For lease information please contact Fernanda Leal at +55 11 3702 3256.
07/16/2010
GWI and L’Auto sign lease agreement
L’Auto Cargo, specialized in air cargo transportation, is the most recent occupant at our Global Cumbica Distribution Park, located in Guraulhos. The agreement, signed on July 5th, L’Auto Will handle all logistics operations of Lan Chile Airline in our Block C warehouse. With 9,700 sqm of gross leasable area, Block C’s warehouse is now 100% leased.
For lease information please contact Fernanda Leal at +55 11 3702 3256.
06/10/2010
GWI divests office property in São Paulo
GWI Real Estate announces the sale of its office property Bom Retiro Business Center, located in Sao Paulo. The sale is part of the company´s strategy to focus on industrial real estate and gradually divest of non-core properties.
04/14/2010
GWI and Integra sign lease agreement
Integra Logistics Solutions, a company with large scale presence in the air freight market, is expanding the scope of its activities starting with warehouse/storage operations. In a contract signed in February 2010, Integra will occupy two units of the newest warehouse at the Global Cumbica Distribution Park. The company is projecting growth of 60% in 2010, with a view to expand its activities, taking advantage of the world-class standards infra-structure offered by the distribution park.
The Global Cumbica distribution park, that was chosen for its priviledged location and security system, expects the addition of two new warehouses in 2010, which will add more than 28,000 sqm in leasable area.
For lease information please contact Fernanda Leal at +55 11 3702 3256.
03/19/2010
GWI to participate in Intermodal South America Trade Exhibition
GWI Real Estate announced today that it will participate in Intermodal South America 2010, with a 260 sqf stand, where it will present its high-end multi-tenant distribution parks located in Guarulhos and Jundiaí, as well as build-to-suit opportunities in our premier-located land bank in the Sao Paulo state.
Held on Transamérica Expocenter in São Paulo on April 6-8th, Intermodal South America is the leading integrated exhibition and conference event for international trade, logistics, transport and cargo handling in Latin America , with over 450 exhibitors from all over the world and 45 thousand participants.
02/02/2010
GWI to Participate in Brazil Real Estate Investment World Forum
GWI Real Estate announced today that it will participate in Terrapinn’s 2010 Brazil Real Estate Investment World Forum being held at Tivoli Hotel in Sao Paulo on February 3rd. Carlos Barcellos, chief executive officer for GWI will participate in the Industrial Real Estate panel starting 4:15pm that will discuss the Brazilian current position and outlook for the Brazilian industrial real estate sector.
12/23/2009
GWI and Platinum airlines sign lease agreement
Platinum Airfreight Cargo , a company that provides express delivery services is the new occupier of GWI's Global Cumbica Distribution Park, located near the São Paulo International Airport.
Two factors were key for Platinum to choose Global Cumbica: 1) its privileged location near the Airport, which concentrates 90% of Platinum demand flow and 2) the park’s tight security system and infrastructure, which is important given the client handles high valued goods.
11/05/2009
GWI launches its first Properties Fund
GWI Real Estate launched yesterday its first Industrial Properties Fund. The fund’s objective is to invest in high-end distribution parks located strategically near the most important logistics hubs in Brazil.
Structured by Brazilian Mortgages and managed by Banco Ourinvest, the fund has initial capital of BR$ 73 million and owns GWI’s first distribution park: Global Cumbica. Initially funded via a private placement, the fund´s public offering is planned for 2011.
10/23/2009
GWI starts development of Global Jundiaí
GWI Real Estate started the development of its new high-end multi-tenant distribution park: Global Jundiaí (www.globaljundiai.com)
Strategically located at Anhanguera Highway, near the São Paulo beltway in Jundiaí, the complex will enclose 41,170 square meters of leasable area, cross-docking modules, besides all shared security and amenities infrastructure.
With land grading work beginning in 45 days, Global Jundiaí is expected to be concluded in the first semester of 2010.
For further pre-leasing information, please contact Cushman & Wakefield at + 55 11 5501-5455.
08/17/2009
GWI and TAM airlines sign lease contract
TAM, South America largest and leading airliner, is the new occupier of GWI's Global Cumbica Distribution Park, located near the São Paulo International Airport. The contract, signed on August 11th, also pre-reserves warehouse space for TAM in the new expansion phase under development.
GWI's Global Cumbica, the most modern distribution park in São Paulo International Airport region, is currently being expanded, with three new Class A warehouses being built.
For lease information, please contact Colliers at +55 11 3323 0000.
08/14/2009
GWI launches the Global Cumbica expansion project
On August 11th GWI initiated the Global Cumbica Distribution Park expansion project. Construction works have started with three new class A warehouses being added, the first due on November 2009. With the expansion, the complex will hold 700,000 sqf of leasable area.
For lease information, please contact Colliers at +55 11 3323 0000.
05/28/2009
Opening of the first Shopping Mall in Diadema
Shopping Praça da Moça which is the first shopping mall located in the city of Diadema opened to the public. With 105,000 sqm of built area, the mall serves a region with over 1 million inhabitants and holds more than 165 shops and 6 anchor stores. Designed by Candusso & Associates, and managed by AD, the mall was developed by GWI Real Estate together with its partners R3 and Funcef (the pension fund of the Caixa Econômica Federal bank)
05/26/2009
GWI and Colliers International sign brokerage contract
Since May 25th 2009, Colliers International has been retained as the exclusive lease broker for GWI’s distribution park Global Cumbica, located in Guarulhos - São Paulo.
Located in over 60 countries with more than 293 offices around the world, Colliers is a global leader in real estate services. For further information, please contact Colliers at + 55 11 3323-0000.
05/19/2009
Cushman hired as property manager
It is with great satisfaction that we announce that Cushman & Wakefield has been hired to provide property management services for our distribution park “Global Cumbica” and our office building “Global Alpha Tocantins”.
Founded in 1917, Cushman & Wakefield is a world leader in integrated commercial real estate services, with over 12,000 employees distributed in 216 offices in 56 countries.
03/24/2009
GWI Real Estate launches its new website
GWI Real Estate launches today, 03/24/2009, its new website which can be accessed via www.gwirealestate.com.br, in both Portuguese and English versions. Designed to serve as a communications channel with the real estate market in Brazil and abroad, as well as with potential investors, the website includes a general perspective of the company and a detailed description of its properties.
New Director Plan leads to GWI Marechal Tito appreciation
Following the approval of the new Director Plan by São Paulo’s city council , GWI’s property, located in the east zone of the city, will be once again benefited. Alongside with the fiscal incentives towards the region together and the construction of a new bus-only lane right across our property, the new Director Plan amplifies the construction coefficient and promotes financial incentives for the development of multiuse projects – those combining residential and corporate buildings, with retail stores.
On the back of its premium area and unique location, favoring the construction of a multiuse project, GWI Marechal Tito’s property and its future development will be relevantly benefited by the incentives and benefits promoted by São Paulo’s new Director Plan.
New Director Plan leads to GWI Marechal Tito appreciation
Following the approval of the new Director Plan by São Paulo’s city council , GWI’s property, located in the east zone of the city, will be once again benefited. Alongside with the fiscal incentives towards the region together and the construction of a new bus-only lane right across our property, the new Director Plan amplifies the construction coefficient and promotes financial incentives for the development of multiuse projects – those combining residential and corporate buildings, with retail stores.
On the back of its premium area and unique location, favoring the construction of a multiuse project, GWI Marechal Tito’s property and its future development will be relevantly benefited by the incentives and benefits promoted by São Paulo’s new Director Plan.