Cyrela Commercial Properties SA Empreendimentos e Participacoes operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cyrela Commercial Properties SA Empreendimentos e Participacoes with three other
companies in this sector in BRAZIL :
BR Properties S.A.
(2020
sales of 313.59 million Brazilian Reals [US$55.54 million]
of which 100%
was Real Estate & Investment Activities),
Sao Carlos Empreendimentos E Participacoes Sa
(339.36 million Brazilian Reals [US$60.11 million]
of which 66%
was Offices), and
Iguatemi Empresa De Shopping Centers SA
(675.58 million Brazilian Reals [US$119.66 million]
of which 88%
was Rent).
Sales Analysis.
Cyrela Commercial Properties SA Empreendimentos e Participacoes reported sales of 486.32 million Brazilian Reals (US$86.14 million)
for the
year ending
December of 2020.
This
represents
an
increase of 3.3%
versus 2019, when the company's sales were 470.83 million Brazilian Reals.
Despite this increase, sales are still
slightly
below the level achieved in 2018, when Cyrela Commercial Properties SA Empreendimentos e Participacoes
reported sales of 489.77 million Brazilian Reals.
Sales of Coporate Buildings saw an increase
that was more than double the company's growth rate: sales were up
66.2% in 2020, from
145.33 million Brazilian Reals to 241.57 million Brazilian Reals.
Cyrela Commercial Properties SA Empreendimentos e Participacoes also saw significant increases in sales in
Other (up 22.7% to 54,000.00 Brazilian Reals)
.
Not all segments of Cyrela Commercial Properties SA Empreendimentos e Participacoes experienced an increase in sales in 2020:
sales of Administrative Services Rendered fell 38.2% to 60.16 million Brazilian Reals.
Cyrela Commercial Properties SA Empreendimentos e Participacoes also experienced decreases in sales in
Shoping Malls (down 19.1% to 184.54 million Brazilian Reals)
.