Ground-up Development: VBI Real Estate’s in-house development team has managed the development activities, including land acquisition, project design, construction management, leasing, asset management, and divestment, for 3 office developments summing to 62 thousand. Meters of gross leasable area.
Office Retrofits: VBI seeks opportunities to take advantage of long-term capital and in-house development expertise to purchase Class B buildings for retrofit, retenanting, and conversion to Class A.
Bela Paulista was an acquisition and gut renovation of a 1968-vintage office building located on Avenida Paulista in the heart of São Paulo’s central business district. Bela Paulista was transformed into an elegant and contemporary building, allowing the building to be re-tenanted and creating attractive financial returns to VBI’s capital partners. The Bela Paulista building won the Real-Estate Master Award in the retrofit category in 2010.
Rio Office Tower is a Triple-A LEEDs certified office development located in the Center region of Rio de Janeiro, designed and developed by VBI Real Estate. Rio Office Tower won the Real-Estate Master Award in the small and medium-sized office project category in 2009.
Park Tower is a Triple A and LEED Gold certified corporate development. Located in the Jardins region, in São Paulo, it has easy access by car, bike or public transport, as well as a panoramic view of Ibirapuera Park. The project was completed in 2018.
Paulista 1100 was an acquisition and gut renovation of a 1973-vintage office building located on Avenida Paulista in the heart of São Paulo’s business district. Paulista 1100 was transformed into a contemporary office tower, allowing the building to be re-tenanted with prime office tenants and a national retail chain at the ground level.
Faria Lima 4440 tower is a Triple-A LEEDs certified office building located in the heart of São Paulo’s financial district, designed and developed by VBI Real Estate.
Corporate Garden is a boutique office model development, which is being built based on the highest technical building certifications LEED, AAA and Edge Certification. With a strategic location, in the Jardim Paulista region, in São Paulo, the asset has a sophisticated design, focused on the well-being of users and the environment. The project is scheduled for completion in 1Q24.
VBI has partnered with family-owned, best-of-class developers of for-sale residential condo projects focused on specific primary and secondary markets undergoing income growth in mortgage lending. Since inception, VBI has made more than 20 investments summing to 11,376 units developed totaling 1.2 million sq. meters of living area and R$2.4 billion of sell-out value. VBI’s focus has generally been on starter homes for middle-income families whose purchasing power has been meaningfully impacted by the increasing availability of local bank mortgage lending.
Reserva Jaraguá is a 540-unit affordable housing development located in the periphery of the city of São Paulo. Units ranges from two to three bedrooms with unit sizes from 46 to 84 sq. meter.
Location: Estrada Turística do Jaraguá, 2.400
Number of units: 540
Living Area: 28.642 sq. meters
Reserva Jardim Botânico is a 580-unit affordable housing development situated on a 18,600 sq. meter land site in São Bernardo, at the border of the city of São Paulo. Units range in size from 47 sq. meters to 95 sq. meters. Amenities include multisport courts and a club, swimming pool, barbecue area and party room.
Location: Avenida do Cursino, 5.957 - São Paulo, SP
Number of units: 580
Living Area: 28.343 sq. meters
Central Park Condomínio Clube is a 906 unit 8-tower residential development located on 60,000 sq. meter of land in the city of Natal, the capital of the northeastern state of Rio Grande do Norte. Units ranges from two to three bedrooms and unit sizes from 64 to 75 sq. meters.
Location: Rua Lucia Viveiros, 255 - Neópolis - Natal, RN
Number of units: 906
Living Area: 64..124 sq. meters
Cenário a residential development project located on a 9,933 sq. meter land site in the city of Santo André, near the border with the city of São Paulo. The Project entailed the development of three towers of 11-floors, 12-floors and 17-floors each, containing 332 residential units ranging in size from 50 sq. meters to 64 sq. meters, summing to a total living area of 19,987 sq. meter. Cenário was originated by Conx Engenharia. Conx and VBI jointly managed the development activities.
Location: Rua Lima, 555 - Vila Camilópolis - Santo André, SP
Number of units: 332
Living Area: 19.987 sq. meters
SPOT Lago dos Patos is a 216-unit residential development in the city of Guarulhos, a city with a population of 1.2 million adjacent to São Paulo. The project entailed the construction of a single 27-story tower with 6 units per floor. Amenities include swimming pool, fitness center, game room, barbecue area, toy library and party room.
Location: Av. Pedro de Souza Lopes, 430 - Vila Galvão - Guarulhos, SP
Number of units: 216
Living Area: 12.739 sq. meters
Sublime Vila Prudente is a residential development project located on a 4,705 sq. meter land site in the Eastern Zone of the city of São Paulo. The project entailed the development of two towers with a total of 193 residential units, with a total living area of 11,219 sq. meter.
Location: Av. Professor Luiz Ignácio Anhaia Mello, 3.800 - Vila Prudente - São Paulo, SP
Number of units: 193
Living Area: 11.219 sq. meters
Vivace Residence Club is a 570-unit residential development located on a 23,119 sq. meter land site in a middle-class region of the city of Maringá, State of Paraná. The project entailed the construction of five 19-story towers. Construction was divided into two phases. Vivace Residence Club is a joint venture between VBI and Graúna, a Paraná-based developer.
Location: Av. Itororó, 1.259-1.297 - Zona 13 - Maringá, PR
Number of units: 570
Living Area: 39.628 sq. meters
Alameda dos Parques is a 268-unit affordable housing development located in the periphery of the city of São Paulo. The project entailed the construction of two towers with 134, 50 sq. meters units each. Amenities include swimming pool, barbecue area and party room. VBI controls the development activities of the project.
Location: R.ua Forte do Triunfo, 375 - São Mateus - São Paulo, SP
Number of units: 268
Living Area: 13.178 sq. meters
Dez Vila Ema is comprised of 738-unit affordable housing development located in the city of São Paulo. The project entails the development of two towers with a total living area of 29,882 sq. meters. The project is a joint venture with Cury Construtora, a specialized low-income builder.
Location: Avenida Vila Ema, 3.000, Vila Prudente - São Paulo, SP
Number of units: 738
Living Area: 29.882 sq. meters
The project is a 1.990-unit affordable housing development located in São Paulo. Units range in size from 35 sq. meters to 42 sq. meters. Amenities include a sports court, swimming pool, barbecue, playroom, party room and gym. Residential condo development JV
Location: Avenida dos Ourives, 774 - São Paulo, SP
Number of units: 1.990
Living Area: 75.441 sq. meters
Conclusion: under construction
VBI’s retail investment team has overseen the development of three shopping centers in markets with growing income levels and a shortage of retail outlets. Since inception, VBI has made three investments totaling over 78,000 sq. meters of gross leasable area.
Parque Shopping Barueri is a joint venture between the Fund and General Shopping Brasil S.A., a local firm specialized in the development and management of shopping centers targeting middle-income consumers. The mall was opened in Q4 2011 and has a total gross leasable area of 35,070 sq. meters. Parque Shopping Barueri offers a mix of 170 stores, food court and entertainment options, with Cinepólis, Renner, Riachuelo, Centauro, C&A and Marisa as the main anchors.
Location: Rua Gen. Divisão Pedro Rodrigues da Silva, 400 – Barueri, SP
GLA: 35.070 sq. meters
Shopping Praça Nova Araçatuba is a shopping mall located in the city of Araçatuba, a regional hub located approximately 500 km from the city of São Paulo. The mall was opened in Q4 2014 and has a total gross leasable area of 21,542 sq. meters. Main anchors are Lojas Americanas, Casas Bahia, Renner, Riachuelo, Kalunga, Burger King, McDonald’s, TNG, Ri Happy, Polishop and Cineflix. VBI’s retail team manages all leasing and asset management activities, with property management outsourced to Aliansce, acting under VBI’s supervision.
Location: Avenida Carlos Pereira da Silva, 6.000 - Araçatuba, SP
GLA: 21.542 sq. meters
Shopping Praça Nova Santa Maria is a 22,059 sq. meter of GLA shopping mall development located on a 131,000 sq. meter site in the city of Santa Maria, located in the heart of the southern state of Rio Grande do Sul. Santa Maria is a city with a population of 250,000 within the city limits. VBI’s retail team manages all leasing and asset management activities, with property management outsourced to Aliansce, acting under VBI’s supervision. Shopping Praça Nova Santa Maria brought to the central region of the state of Rio Grande do Sul an innovative project that combines shopping, entertainment, restaurants and cultural activities. Shopping Santa Maria is the region's largest shopping center with over 180 stores and attractions.
Location: BR 287, Km 245 Rua Irmã Dulce - Santa Maria, RS
GLA: 22.059 sq. meters
VBI has developed over 218,000 sq. meters of Class A multi-tenant industrial parks located along primary highway and railway corridors in the primary markets of Metropolitan São Paulo and Rio de Janeiro.
VBILOG Extrema is an industrial park located in the city of Extrema, Minas Gerais, with frontage and direct access to the Fernão Dias Interstate Highway. In 2014, VBI acquired a fully occupied warehouse with 34K sq. meters of GLA. During 2017, an additional 64K sq. meters of new warehouse area was constructed on a built-to-suit basis for international credit tenants, bringing the total gross leasable area of the industrial park to 98K sq. meters.
Location: Rodovia Fernão Dias, BR - 381, Km 947 - Centro - Extrema, MG
GLA: 97.822 sq. meters
Total GLA including possible expansion: 114.511 sq. meters
VBILOG Seropédica is an industrial park development with the potential for up to 185K sq. meter of gross leasable area located on a 439 K sq. meter landsite adjacent and with access to the Dutra Highway in the municipality of Seropédica, Rio de Janeiro. The landsite is located approximately 60 km from the Center of Rio de Janeiro and 2 km from the Arco Metropolitano, a new ring-road around Greater Rio de Janeiro.
Location: Rua São Domingos, s/n (Acesso pela Rod. Presidente) - Seropédica, RJ
GLA: 36.064 sq. meters
Total GLA including possible expansion: 185.181 sq. meters
BTS São Bernardo is an industrial park development located in the city of São Bernardo do Campo, São Paulo, with easy access to Rodovia Anchieta, Rodovia dos Imigrantes and Rodoanel Trecho Sul. The project, developed by VBI Real Estate for a multinational company, has an “atypical” lease contract (term of 15 years), in the BTS model. The development has 65,024 sq. meters of gross leasable area on a land site of 100,900 sq. meters.
Location: Rua dos Feltrins - São Bernardo do Campo, SP
GLA: 65.024 sq. meters
Greenfield Industrial Park Development
VBI Real Estate has partnered with Uliving, Brazil’s leading developer and operator of purpose-built student housing. Uliving operates 6 student housing properties in 4 cities in the states of São Paulo and Minas Gerais, and is a leading pioneer in the promising Brazilian student housing market.
Uliving website: https://www.uliving.com.br
Located in one of the most upscale neighborhoods in the city of São Paulo, Uliving Jardins has a structure that offers 157 beds in a building that has undergone a retrofit to adapt to the lives of the student. The unit is close to subway stations and colleges in the region.
Location: Alameda Lorena, 94 - São Paulo, SP
Number of beds: 157
Located in the emblematic building that was once the Hotel Novo Mundo, Uliving Rio has a privileged location: facing Guanabara Beach, one of the most beautiful views in the world and a postcard of the city of Rio de Janeiro. Today the unit has a modern structure, which brings facility, comfort and safety to its residents on a daily basis.
Location: Praia do Flamengo, 20 – Rio de Janeiro, RJ
Number of beds: 413
Uliving Paulista is located in an a building that underwent a retrofit to bring more convenience, safety and facility to the lives of the student on a daily basis. Located near the most famous avenue in the capital of São Paulo, Avenida Paulista, the unit has transport facility and proximity to universities and cram schools in the region.
Location: Rua Maestro Cardim, 1218 - São Paulo, SP
Number of beds: 340
The unit located in Santos is close to the main universities in the coastal city of São Paulo. The residents of the unit, in addition to easy access, will also have at their disposal all the modernity and comfort that the structure offers. There are 218 beds between individual and shared studios. In the common areas there is: co-working, shared kitchen, TV room, bar/restaurant and a university experience that will provide connections and learning that go beyond the classrooms in a united and active community.
Location: Av. Conselheiro Nébias, 368 - Santos, SP
Number of beds: 218
The unit is located in one of the most requested neighborhoods at the moment, which is easy to get around and close to universities, cram schools and social life. The building underwent a retrofit to bring more convenience, safety and facility to the lives of the student on a daily basis.
Location: Rua Padre Carvalho, 576 - São Paulo, SP
Number of beds: 225
Opening: 2022 (scheduled)
The unit, scheduled for conclusion in the first half of 2023, is located in the countryside of São Paulo, in Barão Geraldo, a traditional neighborhood of Campinas where the college town of UNICAMP is stablished. There will be 218 beds and an entire space aimed at common areas that will bring students more practicality and convenience in their daily lives.
Location: Av. Albino José Barbosa de Oliveira, 1.420 – Campinas, SP
Number of beds: 218