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Rio de Janeiro, July 20th, 2020 - BR MALLS PARTICIPAÇÕES S.A., ("brMalls" or "Company"), hereby announces that, following the recommendations of public authorities and collaborating towards COVID-19 prevention, the Company has resumed the operation of another 5 malls in its portfolio: Goiânia Shopping (GO) and Araguaia Shopping (GO), on July 14th, 2020, and Shopping Estação (PR), Shopping Curitiba (PR) and Shopping Catuaí Londrina (PR), on July 15th, 2020.
The Company informs that, as determined by public authorities, Shopping Iguatemi Caxias do Sul (RS) had its activities temporarily suspended as of July 14th, 2020, while delivery, drive-thru and essential services are still allowed.
Therefore, the Company has, on this date, 23 reopened malls, which are operating with restrictions to their opening hours. These malls represent 76.1% of the Company’s total GLA and 74.3% of its owned GLA, and represented 78.6% of the core portfolio’s NOI in 2019. As stated by the Company on April 22nd, May 11th, May 26th, June 3rd, June 8th, June 12th, June 16th, June 30th and July 6th, the following malls have already resumed their operations:
- Campo Grande (MS);
- Catuaí Shopping Maringá (PR);
- Amazonas Shopping (AM);
- Shopping Vila Velha (ES);
- Independência Shopping (MG);
- NorteShopping (RJ);
- Shopping Tijuca (RJ);
- Shopping Jardim Sul (SP);
- Mooca Plaza Shopping (SP);
- Shopping Metrô Santa Cruz (SP);
- Shopping Villa-Lobos (SP);
- Shopping Tamboré (SP);
- São Bernardo Plaza Shopping (SP);
- Shopping ABC (SP);
- São Luís Shopping (MA);
- Rio Anil Shopping (MA);
- Shopping Recife (PE);
- Plaza Shopping Niterói (RJ).
The Company informs that it has implemented strict protocols related to the sanitization of the referred assets in addition to the recommendations of the health authorities, in order to preserve and prioritize the health and well-being of both our customers and tenants, as well as employees and partners. The reopening protocol is available in the Company’s IR website (http://ir.brmalls.com.br).
The other malls in the Company’s portfolio remain closed, as determined by public authorities. Delivery services and/or essential activities are still allowed in our malls.
We will keep the market informed of developments in the Covid-19 pandemic and its impacts in the Company’s business.