PRESS RELEASE

MULTIPLAN LAUNCHES PARK SHOPPING CANOAS

WITH 64% OF GLA LEASED
ParkShoppingCanoas

Rio de Janeiro, June 22nd, 2015 MULTIPLAN EMPREENDIMENTOS

IMOBILIRIOS S.A. (BM&FBOVESPA:MULT3) announces the launch

Opening Date

April/2017

of ParkShoppingCanoas, the companys

Gross Leasable Area

48,000 m

19th

shopping center, located in

the city of Canoas, state of Rio Grande do Sul. ParkShoppingCanoas

Multiplans interest

will have 48,000 m of Gross Leasable Area (GLA) and is expected to

(1)

CAPEX (2) (4) (R$)

open in April 2017.

Key Money

The new shopping center will contain 258 stores, of which eight are
anchors and seven mega stores; entertainment areas; and several

80.0%
359.3 M

(2) (4) (R$)

26.5 M

3rd Year NOI (3) (4) (R$)

36.0 M

3rd Year NOI yield

10.8%

(3) (4)

restaurants and a food court with 28 fast food operations and six
restaurants.

Among the leisure options, the highlights include an ice-skating rink, five

(1)
(2)
(3)
(3)

Multiplans interest in the mall income

Considering Multiplans interest of 94.7%
Considering Multiplans interest of 80.0%
Adjusted by inflation until May/2015

stadium-type movie theaters and a 2,150 m fitness-center. The mall will

offer over 2,500 parking spaces, of which 1,800 will be covered.
Multiplan will have an 80% interest stake in the shopping centers income, while the company will invest 94.7% of the

projects development costs (CAPEX), which should represent R$359.3 million in the companys stake. The 3rd
year estimated NOI (Net Operating Income) is R$36.0 million. The 3rd year NOI yield, considering the net

investment, is 10.8%.
Following the mixed-used concept developed by Multiplan in several of its complexes, which combines shopping
centers with real estate projects, ParkShoppingCanoas has already been designed with an expansion of 12,000
m of GLA and three towers integrated with the shopping center, with a total private area of 22,500 m.

ParkShoppingCanoas - Perspective

PRESS RELEASE

The city of Canoas presents the third highest GDP in the state* and is the most populous municipality in the
metropolitan region of Porto Alegre. The development is located in the citys growth vector and is integrated into the
Parque Getlio Vargas. Its influence area covers a population of approximately 2.4 million inhabitants*, which
reaches the main cities in the metropolitan region of Porto Alegre, such as Novo Hamburgo, Sapucaia do Sul, So
Leopoldo, Esteio and Gravata, representing a highly industrialized and wealthy zone. A number of projects are
planned to improve the urban mobility, including an aeromovel (light rail) line connected to the mall.
To watch the ParkShoppingCanoas launch video, click here.
Armando dAlmeida Neto
CFO and IRO

ParkShoppingCanoas - Perspectives
(*) Source: Instituto Brasileiro de Geografia e Estatstica (IBGE)
Disclaimer: This statement only indicates the Company's intention to develop the mentioned shopping center. The photos are merely illustrative, so the design can be
modified in whole or in part, at Multiplans discretion. This document does not defines a commitment to start construction, as this fact depends on external factors
beyond our control as well as the achievement of goals, which, if not obtained or achieved, the project may have its works delayed or even canceled . The reader /
investor should not rely solely on the information above to make decisions regarding the negotiation of stocks issued by the Company. Multiplan has no obligation to
disclose and/or update the project status, as well as the above information.

IR Multiplan
Tel: 55 21 3031-5200
Fax: 55 21 3031-5322

Address: Av. das Amricas, 4.200

Bloco 2 - Sala 501 Duplex
Barra da Tijuca - Rio de Janeiro
CEP: 22640-102

E - m a il: i r@mul t i p l a n.co m.b r

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