BR PROPERTIES S.A. BR PROPERTIES S.A. CNPJ/MF n° 06.977.751/0001-49 NIRE 35.300.316.592
(Publicly Held Company) MATERIAL FACT NOTICE
BR Properties S.A. ("Company") (BRPR3) hereby discloses to the market, in accordance with Article 157, paragraph 4th, of Brazilian Law No. 6,404/76, and the CVM Rule No.358/2002, as amended, following the Material Fact Notices disclosed by the Company on July 02, August 10 and December 01, 2015, that the Company completed on this date, pursuant to the agreement entered into on August 10, 2015 ("Agreement"), the sale of the rooms numbers 41, 42, 51, 52, 61, 62, 91, 92, 101 and 102, of the "Cidade Jardim Building", located in the City of São Paulo, to a real estate investment fund that is part of the Brookfield economic group, which completed the transaction provided for in the Agreement. The total gross amount of the sale disclosed herein is R$130.000.000,00 (one hundred and thirty million reais).
The Company intends to use the resources obtained by the sales to strengthen its cash position, distribute dividends to the shareholders and reduce its net debt.
São Paulo, January 22, 2016 Andre Fernandes Berenguer
Chief Financial Officer and Investor Relations Officer
BR Properties SA issued this content on 2016-01-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-22 21:06:07 UTC
Original Document: http://ir.brpr.com.br/download_arquivos.asp?id_arquivo=E89D0E33-AC73-48D7-835F-E1BBF1B0DF2D
