LPS Brasil - Consultoria de Imoveis SA : MATERIAL FACT
January 09, 2014 at 08:32 am
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MATERIAL FACT
São Paulo, December 26, 2013 - LPS Brasil - Consultoria de Imóveis S.A. ("Lopes" or "Company") (BM&FBovespa: LPSB3), a publicly held company headquartered at Rua Estados Unidos, nº 1.971, in the city and state of São Paulo, pursuant to CVM Instruction 358/2002, in line with its corporate strategy, hereby informs the shareholders and the public that signed, on December 24, 2013, an Memorandum of understanding ("MoU"), by which is obligated, after fulfilled determined precedent conditions, to subscribe 49% (forty-nine percent) of representative shares of total voting capital stock of Netimóveis Brasil Rede Imobiliária S/A, society headquartered in the city of Belo Horizonte, Minas Gerais State ("Netimóveis").
The Company's total investment for the subscription of the shares will amount R$ 16 million.
Netimóveis is the largest real estate network operating in the Brazilian secondary market, with transactions closed of over R$ 3.0 billion in the past 12 months.
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For additional information, please contact our investor relations team.
LPS Brasil - Consultoria de Imoveis SA (LPS Brasil) is a Brazil-based company engaged in the provision of real estate services. The Companyâs main activities include intermediation services in purchase and sale of real estate properties, real estate consultancy and technical advice. The Company is also involved in the operation and promotion of financial products and services in the real estate market. LPS Brasil divides its business into three sectors: Primary Market, engaged in the sale of new properties; Secondary Market, active in the resale of real estate, and Financing Promotion, involved in the promotion and provision of financial products and services related to the real estate brokerage. As of December 31, 2011, its subsidiaries included LPS Minas Gerais Consultoria de Imoveis Ltda, LPS Eduardo, EBC - Solucoes Imobiliarias Ltda, Habitcasa Consultoria de Imoveis Ltda, and Pronto Erwin Maack Consultoria de Imoveis SA, among others.
LPS BRASIL - CONSULTORIA DE IMÓVEIS S.A. 
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