Fibraplus

Fibra Plus’ business model is grounded on 3 pillars:

Fibra Plus operates on the basis of four principles:

Select, develop and manage a high-quality real estate portfolio, with projects located in urban regions offering strong growth potential, generating a superior added-value for CBFI holders. The commercial, office, industrial buildings and rental housing segments represent a great investment opportunity, due to the high growth expectations through the acquisition and development of a greater number and quality of opportunities.

The investment guidelines are:

Focus on the generation of added-value.
Positioning in high-growth cities.
Solid corporate governance.
Vertical integration of the operation, covering the entire value chain.
Experienced internal management.

Fibra Plus' value proposal rests on the following elements:

Vertically integrating the entire real estate value chain;
Focused on opportunities for generating high returns
Network of business relationships in the origination, development, operation, stabilization, and commercialization of real estate for lease;
Capital structure focused on the optimization of resources and time for high value generation;
Diversification by asset types and location, and
Capacity and experience to reconvert and/or cycle assets to maximize their value and allow the capitalization of new investment opportunities.

Business Vision.

Scalable and sustainable business model:

Enhance leverage, maintaining a healthy debt level (LTV) ranging from 35% to 40%.
Access to domestic and international capital and debt markets with lower interest rates.
Access to better operations in terms of size and specialty.

Premium clients and sectors:

Participation in the most booming sectors.
AAA clients in all sectors.
Diversification.
Reach a capitalization of close to US$1 billion in the medium term.

Operational efficiencies:

Increased negotiation power with tenants and suppliers.
Broadening the vision of business models by merging cultures.
Creation of a new asset cycle area.

Best corporate governance practices:

Low fee scheme.
Over 54% of committee members are independent, and all members have extensive industry experience and reputation.
All relevant transactions go through the approval of the Technical Committee.
Internal management independent of the Relevant Founder.

Quantifiable synergies:

Professional operation that lowers operating expenses.
Synergies from:
- a) Annual savings in administrative expenses greater than 30% over 2 to 3 years.
- b) 3.4% increase in the valuation of the merger, according to the independent expert.

Higher market liquidity:

Better valuations due to illiquidity or size premium.
Access to major investor pools.
Increased liquidity through the optimal use of resources that set the basis for reflecting the fair value of the certificates issued by Fibra Plus.

Strategy and business model