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PDG Realty signs joint venture with
  Abaurre from Espírito Santo

                 Investors Relations:

                ...
Joint Venture between PDG Realty &
Abaurre



  Founded in 1971, Abaurre is one of the largest real estate developers in
 ...
Partnership Rationale



Allow PDG Realty’s entrance yet into another market, spreading our capillarity and
geographic div...
Proven Track Record


 Despite the strong competition, PDG Realty was able to generate important acquisition in accretive
...
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PDG Realty Signs Joint Venture with Abaurre

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PDG Realty Signs Joint Venture with Abaurre

  1. 1. PDG Realty signs joint venture with Abaurre from Espírito Santo Investors Relations: Michel Wurman Investors Relations Director João Mallet Investors Relations Manager 1 Telephone : (21) 3504-3800 E-mail: ri@pdgrealty.com.br Website: www.pdgrealty.com.br/ri
  2. 2. Joint Venture between PDG Realty & Abaurre Founded in 1971, Abaurre is one of the largest real estate developers in Espírito Santo. The joint venture foresees that, within the market of Espirito Santo, all of the projects prospected by one partner must be presented to the other in order to promote a merged development, of which 30% will belong to Abaurre Prospect of projects development in the VGV amount of R$100 million (pro- rata PDG Realty) year on year starting in 2008 Focused in the medium and low-medium income Forecast to launch the first development of the partnership still in 2007 2
  3. 3. Partnership Rationale Allow PDG Realty’s entrance yet into another market, spreading our capillarity and geographic diversification Capture the potential swell in the real state market in Espírito Santo, especially within the medium and medium-low income Generate new ventures also to Goldfarb, who will be responsible to develop the projects in the medium and medium-low income Partnership with a company of an effective capacity of performance and strong presence in Espírito Santo Leverage PDG Realty’s result 3
  4. 4. Proven Track Record Despite the strong competition, PDG Realty was able to generate important acquisition in accretive deals A successful track record of PDG proves its talent to continuously generate investment opportunities in private equity and co-incorporation Additional Acquisition of 21% Joint Venture Sep-06 PDG & Abaurre JV Private Equity Acquisition of 20% Joint Investiments... Aquisition of 40% Venture Feb-06 Additional CHL & PIAL JV Acquisition of 10% Sale of JV April-07 20% stake May-06 Nov-06 Feb-07 June-07 5 projects launched 28 projects launched Fundação 2004 14 projects launched 2006 2003 1Q/2007 2 projects launched 9 projects launched IPO ...and Co- 2003 2005 developments Jan-07 4

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