- CEO
- Thiago Kiyoshi Vieira Muramatsu
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Address
- Avenida Brigadeiro Faria Lima São Paulo SP Brazil 04538-132
- IPO Date
- Aug 18, 2008
- Business
- SYN prop e tech S.A. (B3: SYNE3; OTC: SYYNY) 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; its core offerings encompass leasing and management of high-standard office spaces in prime locations such as Avenida Brigadeiro Faria Lima and Avenida Paulista in São Paulo, rental of retail stores in shopping malls like those in Santo André and Barra da Tijuca in Rio de Janeiro, leasing of industrial warehouses, real estate development services for under-construction units, property management including parking lots, and ancillary services such as contract management and project development. The company serves corporate tenants, retailers, logistics operators, and investors primarily in the São Paulo and Rio de Janeiro metropolitan regions, with a portfolio of strategically located assets totaling key properties in these areas; founded in 2007 as a spin-off from Cyrela Brazil Realty S.A. Empreendimentos e Participações, it maintains headquarters in São Paulo, Brazil, and owns subsidiaries such as Aquarius and SYN Laranjeira Empreendimentos Imobiliários Ltda. Recent developments include the completion on November 27, 2025, of the sale of its 35.87% stake in Shopping D to XP Malls Fundo de Investimento Imobiliário - FII for a net proceeds of R$8.9 million following regulatory approvals, which was initially announced in July 2025; the company also reported strong revenue growth in shopping malls to R$1.13 billion in 2024 from prior years, alongside adjusted FFO increases highlighted in its Q3 2025 earnings, reflecting ongoing portfolio optimization and operational focus amid high dividend yields exceeding 70%.