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Even Construtora signs deal for 205M reais sale of São Paulo mixed-use project

Even Construtora e Inc. signed a contract for the sale of the Urbanity corporate tower development in São Paulo for 204.5 million Brazilian reais.

The company, in partnership with Yuny Inc., launched the mixed-use project in 2013 with expected delivery of December. Its share in the project, which has a gross leasable area of 25,394 square meters, is 50%.

As of Oct. 13, US$1 was equivalent to 3.15 Brazilian reais.