Syn Prop e Tech SA
3.81
BRL
-0.03
(-0.78%)
ISIN
BRSYNEACNOR2
Return %
Stock
S&P 500
1Y
-22.72
14.20
3Y
-6.62
81.12
5Y
-68.43
68.34
Capital Structure
BRL
•
in mil. unless spec.Working Capital
BRL
•
in mil. unless spec.Growth Rates
BRL
•
in mil. unless spec.Quarterly Revenue
BRL
•
in mil. unless spec.Quarterly Earnings Per Share
BRL
•
in mil. unless spec.Quarterly Dividends Per Share
BRL
•
in mil. unless spec.Company Description
- CEO
- Thiago Kiyoshi Vieira Muramatsu
- Full Time Employees
- 4,147
- Sector
- Finance
- Industry
- Real estate development
- Address
- Avenida Brigadeiro Faria Lima São Paulo SP Brazil 04538-132
- IPO Date
- Aug 9, 2007
- Website
- syn.com.br
- Similar Companies
- Business
- SYN prop e tech S.A. (SYNE3.SA) operates as a leading Brazilian real estate company focused on the development, acquisition, leasing, sale, and management of commercial properties, including office buildings, shopping centers, warehouses, and logistics facilities. The company conducts its activities through five primary business segments: Commercial Buildings, encompassing the sale and leasing of completed office properties; Real Estate Development, involving the sale of office units under construction; Warehouses, offering leasing of industrial warehouses; Shopping Malls, responsible for leasing stores in shopping centers; and Services, providing management of shopping malls, parking lots, and property development. It serves corporate tenants, retailers, and industrial clients primarily in key markets such as São Paulo and Rio de Janeiro, with properties located in strategic areas like Avenida Paulista, Avenida Brigadeiro Faria Lima, and Barra da Tijuca. Founded in 2007 as a spin-off from Cyrela Brazil Realty S.A. Empreendimentos e Participações and formerly known as Cyrela Commercial Properties S.A., SYN prop e tech S.A. maintains its headquarters at Avenida Brigadeiro Faria Lima, 3600, 14th floor, São Paulo, Brazil, and lists on B3's Novo Mercado segment, committing to high corporate governance standards. The company owns subsidiaries including Aquarius Empreendimentos e Participações Ltda., Millennium de Investimentos Imobiliários Ltda., and Miconia Empreendimentos Imobiliários Ltda., among others. In recent developments, SYN prop e tech S.A. completed a capital reduction of BRL330 million in 2025, equivalent to BRL2.16 per share; sold its entire stake in a transaction valued at BRL8.9 million; reported an 11.8% revenue increase over the first nine months of 2025 driven by shopping malls and offices; achieved warehouse phase 3 completion in December 2025 with full leasing in prior phases; and maintained strong occupancy rates at 93.4% physical and 95% financial in malls, alongside robust shareholder returns approaching 30% ROE. In Q3 2024, the company recorded transaction revenue of BRL941 million from asset sales, with additional payments scheduled through December 2025. Paul Hastings advised SYN prop e tech S.A. on a notable sale transaction in 2025, reflecting ongoing strategic asset management.
Company News
Syn Prop & Tech S.A. (SYYNY) Q2 2026 Earnings Call Prepared Remarks Transcript
Syn Prop & Tech S.A. (SYYNY) Q1 2026 Earnings Call Transcript
Syn Prop & Tech S.A. (SYYNY) Q4 2025 Earnings Call Transcript
Syn Prop & Tech S.A. (SYYNY) Q3 2025 Earnings Call Transcript