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Eztec

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uuid0038zvg

Namestring
Eztec
Legal namestring
Eztec Empreendimentos e Participações S.A.
Websiteurl
eztec.com.br
Company typeenum
Public
Founded yearint
1979
Descriptiontext

Eztec Empreendimentos e Participações S.A. (B3: EZTC3) is a São Paulo-based, publicly listed Brazilian real estate developer founded in 1979, operating across the residential and commercial property segments. The company develops, sells, and delivers apartments, studios, and commercial office units across the São Paulo metropolitan region, including capital zones (Sul, Leste, Oeste, Norte), the ABC region, Osasco, Guarulhos, São Caetano do Sul, and — more recently — Litoral, Interior São Paulo state, and Jundiaí. It maintains a tiered brand architecture covering entry-level studios (sub-R$500k), mid-market units (R$500k–R$2M), and ultra-luxury product (above R$2M) through sub-brands including Lindenberg (in long-standing co-development with architect Adolpho Lindenberg), Le Premier, EZ, Cidade Maia, Mooca Città, and Jardins do Brasil. The portfolio spans 50+ active addresses and over 100 completed developments.

The business model is asset-heavy real estate development: Eztec acquires land, develops properties, and sells units on a one-time transaction basis at both pre-sale ('na planta') and post-completion stages. The company generates revenue through residential and commercial property sales plus direct buyer financing — a notable differentiator allowing customers to bypass third-party banks. Distribution is handled through two proprietary brokerage subsidiaries, Eztec Vendas (CRECI 5677-J) and Eztec Brokers (CRECI 052066-J), supplemented by a property-listing website, WhatsApp and chat lead capture, and a multi-platform social presence including Instagram, Facebook, YouTube, LinkedIn, and TikTok. The core operating technology is conventional construction and project management rather than a software platform, and there is no disclosed AI/ML or data-product layer.

Q1 2026 net sales reached R$697 million, up 85% year-over-year, with a 38.7% gross profit margin, and the company declared R$28 million in dividends for the quarter. The company is led by founder Silvio Ernesto Zarzur, who serves as CEO and Chief Development and New Business Officer, and is estimated to employ between 1,001 and 5,000 people. Key risks include geographic concentration in São Paulo state, exposure to Brazilian macro and Selic rate cycles affecting mortgage demand, and the lumpiness inherent to project-completion-driven revenue recognition.

Short descriptiontext

Eztec is a São Paulo-based, publicly listed Brazilian real estate developer (B3: EZTC3, founded 1979) that builds and sells residential apartments, studios, and commercial offices across the São Paulo metropolitan region through proprietary brokerages, direct financing, and a tiered brand portfolio spanning entry-level to ultra-luxury segments.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSão Paulo, Brazil
HQ citystring
São Paulo
HQ countrystring
Brazil
HQ regionstring
Latin America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
residential property development, commercial real estate, property brokerage services, direct property financing, real estate sales
NAICS code1 code
  • Offices of Real Estate Agents and Brokers5312
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Real Estate Development
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Residential Property Sales
TypeOne Time License
Description

Eztec generates revenue primarily through the sale of residential apartments and units across various price segments, from studios to high-end luxury apartments. The company develops properties throughout Greater São Paulo and sells units both during pre-sale (planta) and after completion.

in.investing.com
2Commercial Property Sales
TypeOne Time License
Description

Sale of commercial spaces including offices, salas comerciais, and non-residential units ranging from compact studios to large premium offices up to 1,565 m².

eztec.com.br
3Direct Property Financing
TypeProfessional Services
Description

Eztec offers direct financing options for property purchases, enabling buyers to finance directly with the developer rather than through third-party banks.

eztec.com.br
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Pricing details3 tiers
1Studio and compact units from R$500,000
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Entry-level studios and compact apartments typically priced up to R$500,000, targeting first-time buyers and investors.

eztec.com.br
2Mid-range units R$500,000 to R$2 million
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Standard 2-3 bedroom apartments in various São Paulo neighborhoods ranging from R$500,000 to R$2 million depending on location and specifications.

eztec.com.br
3Luxury and ultra-luxury units above R$2 million
ModelUnit PricingBilling cadencePay-as-you-go
Notes

High-end properties including Lindenberg brand luxury apartments, Park Avenue units (240-298 m²), and exclusive developments priced above R$2 million.

eztec.com.br
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 7 records shown
1Jardins do Brasil
Description

Planned neighborhood development in Osasco with approximately 70,000 m² of land, featuring exclusive 4,600 m² central plaza and multiple residential complexes.

eztec.com.br
+6 more records
Core offering1 text field

Eztec is a Brazilian real estate developer that acquires land, designs, constructs, and sells residential apartments and commercial properties across the São Paulo metropolitan region. The company offers a portfolio spanning entry-level studios to ultra-luxury residences across multiple sub-brands, sells through its own brokerages (Eztec Vendas and Eztec Brokers), and provides direct in-house financing to buyers.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 85% year-over-year revenue increase in Q1 2026
+1 more record
Product and service9 records
1Lindenberg luxury residential apartments
CategoryResidential real estate
Description

Premium and ultra-luxury residential apartments priced above R$2 million, including developments such as Park Avenue (240–298 m² units) and Studios Paraíso by Lindenberg. Targets high-net-worth individuals seeking prestige properties in premium São Paulo neighborhoods.

2EZ mid-premium residential apartments
CategoryResidential real estate
Description

Mid-premium residential apartments in the R$500,000 to R$2 million range, typically 2-3 bedroom units across São Paulo neighborhoods. Targets upgrade buyers and professionals.

3Cidade Maia residential complex (Guarulhos)
CategoryResidential real estate
Description

Master-planned residential community in Guarulhos featuring multiple condo complexes. Targets families and first-time buyers in the Guarulhos region.

4Jardins do Brasil (Osasco)
CategoryResidential real estate
Description

Master-planned neighborhood development in Osasco with approximately 70,000 m² of land, featuring a 4,600 m² central plaza and themed residential complexes. Targets families and owner-occupiers in Osasco.

5Compact studios and entry-level apartments
CategoryResidential real estate
Description

Entry-level studio and compact apartments priced up to R$500,000, including branded products like Alt Studios by Eztec, Brooklin Studios, and Jota Studios Vila Mariana. Targets first-time buyers and real estate investors.

6Commercial offices and salas comerciais
CategoryCommercial real estate
Description

Commercial office spaces (salas comerciais) ranging from compact studios to large premium offices up to 1,565 m², including Neo Offices, Neocorporate Offices, Centro Empresarial Jardins do Brasil, and Trend Paulista Offices. Targets businesses seeking headquarters, professional offices, and commercial investors.

7Eztec Vendas brokerage services
CategoryReal estate brokerage
Description

Proprietary in-house brokerage office in Vila Mariana, São Paulo (CRECI: 5677-J) providing direct sales consultancy for property inquiries and purchases. Targets individual home buyers and investors.

8Eztec Brokers brokerage services
CategoryReal estate brokerage
Description

Premium proprietary brokerage office in Paraíso, São Paulo (CRECI: 052066-J) specializing in higher-value transactions and luxury properties. Targets high-net-worth buyers and corporate clients.

9Direct property financing
CategoryReal estate financial services
Description

In-house financing program that allows property buyers to finance their purchase directly with Eztec, eliminating the need for third-party bank mortgages. Targets buyers across all price segments seeking faster, more flexible financing terms.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Long-standing strategic partnership for luxury property development. The Lindenberg brand represents Eztec's premium segment, with multiple high-end developments including Lindenberg Ibirapuera, Lindenberg Alto de Pinheiros, Lindenberg Vista Brooklin, and others. The partnership is described as a 'billion-dollar partnership' in company communications.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

São Paulo-focused mid-to-high-end residential developer listed on B3 (EVEN3). Closely comparable to Eztec in target geography, product mix, and price-band focus on the upper-middle segment.

TypeDirect peer
Description

São Paulo-focused residential developer (HBOR3) targeting middle- and upper-middle income buyers across multiple city zones. Comparable to Eztec on metro-only geography and multi-zone product strategy.

TypeDirect peer
Description

São Paulo residential developer listed on B3 (TRIS3) with operations concentrated in the capital and select metro areas. Comparable to Eztec on geographic focus, segment mix, and developer-led sales model.

TypeDirect peer
Description

Largest Brazilian residential developer by units delivered, listed on B3 (MRVE3), with a broad geographic footprint and focus on the affordable segment. Comparable to Eztec on developer business model and unit-pricing approach, though with national rather than São Paulo concentration.

TypeDirect peer
Description

Brazilian construction and development company (DIRR3) focused on the affordable-to-middle segment, with national reach. Comparable to Eztec on residential developer economics, though with broader geographic spread.

TypeDirect peer
Description

São Paulo-based residential developer listed on B3 (TCSA3) with a premium positioning and a São Paulo metro footprint. Closely matches Eztec's focus on high-end product in core São Paulo neighborhoods.

TypeDirect peer
Description

Long-established Brazilian residential developer listed on B3 (GFSA3) with historical strength across São Paulo and Rio. Directly comparable to Eztec on business model and developer-broker-distribution approach.

TypeDirect peer
Description

B3-listed residential developer (CURY3) focused on the affordable Minha Casa Minha Vida segment in São Paulo metro and other Brazilian capitals. Comparable to Eztec on geographic concentration in São Paulo and developer-led sales.

TypeDirect peer
Description

One of Brazil's largest residential developers listed on B3, with strong São Paulo exposure and a multi-brand portfolio spanning affordable to luxury. Directly comparable to Eztec on geography, product segmentation, and target buyer profile.

TypeDirect peer
Description

São Paulo-focused high-end residential developer (MTRE3) with luxury product positioning. Comparable to Eztec on premium-segment focus and city-level geographic concentration.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Eztec

Real Estate Developmenteztec.com.br

Eztec is a São Paulo-based, publicly listed Brazilian real estate developer (B3: EZTC3, founded 1979) that builds and sells residential apartments, studios, and commercial offices across the São Paulo metropolitan region through proprietary brokerages, direct financing, and a tiered brand portfolio spanning entry-level to ultra-luxury segments.

What Eztec does

Eztec Empreendimentos e Participações S.A. (B3: EZTC3) is a São Paulo-based, publicly listed Brazilian real estate developer founded in 1979, operating across the residential and commercial property segments. The company develops, sells, and delivers apartments, studios, and commercial office units across the São Paulo metropolitan region, including capital zones (Sul, Leste, Oeste, Norte), the ABC region, Osasco, Guarulhos, São Caetano do Sul, and — more recently — Litoral, Interior São Paulo state, and Jundiaí. It maintains a tiered brand architecture covering entry-level studios (sub-R$500k), mid-market units (R$500k–R$2M), and ultra-luxury product (above R$2M) through sub-brands including Lindenberg (in long-standing co-development with architect Adolpho Lindenberg), Le Premier, EZ, Cidade Maia, Mooca Città, and Jardins do Brasil. The portfolio spans 50+ active addresses and over 100 completed developments.

The business model is asset-heavy real estate development: Eztec acquires land, develops properties, and sells units on a one-time transaction basis at both pre-sale ('na planta') and post-completion stages. The company generates revenue through residential and commercial property sales plus direct buyer financing — a notable differentiator allowing customers to bypass third-party banks. Distribution is handled through two proprietary brokerage subsidiaries, Eztec Vendas (CRECI 5677-J) and Eztec Brokers (CRECI 052066-J), supplemented by a property-listing website, WhatsApp and chat lead capture, and a multi-platform social presence including Instagram, Facebook, YouTube, LinkedIn, and TikTok. The core operating technology is conventional construction and project management rather than a software platform, and there is no disclosed AI/ML or data-product layer.

Q1 2026 net sales reached R$697 million, up 85% year-over-year, with a 38.7% gross profit margin, and the company declared R$28 million in dividends for the quarter. The company is led by founder Silvio Ernesto Zarzur, who serves as CEO and Chief Development and New Business Officer, and is estimated to employ between 1,001 and 5,000 people. Key risks include geographic concentration in São Paulo state, exposure to Brazilian macro and Selic rate cycles affecting mortgage demand, and the lumpiness inherent to project-completion-driven revenue recognition.

Eztec firmographics

Firmographics
Name
Eztec
Legal name
Eztec Empreendimentos e Participações S.A.
Website
https://eztec.com.br
Company type
Public
Founded year
1979
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Eztec is a São Paulo-based, publicly listed Brazilian real estate developer (B3: EZTC3, founded 1979) that builds and sells residential apartments, studios, and commercial offices across the São Paulo metropolitan region through proprietary brokerages, direct financing, and a tiered brand portfolio spanning entry-level to ultra-luxury segments.
Ownership category
akta.pro rank

Where Eztec is headquartered

Location

Headquarters

HQ city
São Paulo
HQ country
Brazil
HQ region
Latin America

Offices3 records

Markets served

Eztec business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. Residential Property Sales: Eztec generates revenue primarily through the sale of residential apartments and units across various price segments, from studios to high-end luxury apartments. The company develops properties throughout Greater São Paulo and sells units both during pre-sale (planta) and after completion.
  2. Commercial Property Sales: Sale of commercial spaces including offices, salas comerciais, and non-residential units ranging from compact studios to large premium offices up to 1,565 m².
  3. Direct Property Financing: Eztec offers direct financing options for property purchases, enabling buyers to finance directly with the developer rather than through third-party banks.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goStudio and compact units from R$500,000
Unit PricingPay-as-you-goMid-range units R$500,000 to R$2 million
Unit PricingPay-as-you-goLuxury and ultra-luxury units above R$2 million

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Eztec product offering

Product offering

Core offering

Eztec is a Brazilian real estate developer that acquires land, designs, constructs, and sells residential apartments and commercial properties across the São Paulo metropolitan region. The company offers a portfolio spanning entry-level studios to ultra-luxury residences across multiple sub-brands, sells through its own brokerages (Eztec Vendas and Eztec Brokers), and provides direct in-house financing to buyers.

Differentiator

Problem solved

Functional benefit

Brands

  • Jardins do Brasil: Planned neighborhood development in Osasco with approximately 70,000 m² of land, featuring exclusive 4,600 m² central plaza and multiple residential complexes.
  • Lindenberg
  • Cidade Maia
  • Gran Maia
  • Le Premier
  • Unique Green
  • Mooca Città

Products and services

  • Lindenberg luxury residential apartments Premium and ultra-luxury residential apartments priced above R$2 million, including developments such as Park Avenue (240–298 m² units) and Studios Paraíso by Lindenberg. Targets high-net-worth individuals seeking prestige properties in premium São Paulo neighborhoods.
  • EZ mid-premium residential apartments Mid-premium residential apartments in the R$500,000 to R$2 million range, typically 2-3 bedroom units across São Paulo neighborhoods. Targets upgrade buyers and professionals.
  • Cidade Maia residential complex (Guarulhos) Master-planned residential community in Guarulhos featuring multiple condo complexes. Targets families and first-time buyers in the Guarulhos region.
  • Jardins do Brasil (Osasco) Master-planned neighborhood development in Osasco with approximately 70,000 m² of land, featuring a 4,600 m² central plaza and themed residential complexes. Targets families and owner-occupiers in Osasco.
  • Compact studios and entry-level apartments Entry-level studio and compact apartments priced up to R$500,000, including branded products like Alt Studios by Eztec, Brooklin Studios, and Jota Studios Vila Mariana. Targets first-time buyers and real estate investors.
  • Commercial offices and salas comerciais Commercial office spaces (salas comerciais) ranging from compact studios to large premium offices up to 1,565 m², including Neo Offices, Neocorporate Offices, Centro Empresarial Jardins do Brasil, and Trend Paulista Offices. Targets businesses seeking headquarters, professional offices, and commercial investors.
  • Eztec Vendas brokerage services Proprietary in-house brokerage office in Vila Mariana, São Paulo (CRECI: 5677-J) providing direct sales consultancy for property inquiries and purchases. Targets individual home buyers and investors.
  • Eztec Brokers brokerage services Premium proprietary brokerage office in Paraíso, São Paulo (CRECI: 052066-J) specializing in higher-value transactions and luxury properties. Targets high-net-worth buyers and corporate clients.
  • Direct property financing In-house financing program that allows property buyers to finance their purchase directly with Eztec, eliminating the need for third-party bank mortgages. Targets buyers across all price segments seeking faster, more flexible financing terms.

Quantifiable outcome

  • 85% year-over-year revenue increase in Q1 2026
  • +1 more outcomes

Companies that use Eztec

Customer profile

Segments3 records

Ideal customer profiles3 records

Eztec technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Eztec partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Adolpho LindenbergcoreStrategic or Co-development PartnerLong-standing strategic partnership for luxury property development. The Lindenberg brand represents Eztec's premium segment, with multiple high-end developments including Lindenberg Ibirapuera, Lindenberg Alto de Pinheiros, Lindenberg Vista Brooklin, and others. The partnership is described as a 'billion-dollar partnership' in company communications.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Eztec competitors and assessment

Company assessment

Direct peers

  • Even Construtora: São Paulo-focused mid-to-high-end residential developer listed on B3 (EVEN3). Closely comparable to Eztec in target geography, product mix, and price-band focus on the upper-middle segment.
  • Helbor Empreendimentos: São Paulo-focused residential developer (HBOR3) targeting middle- and upper-middle income buyers across multiple city zones. Comparable to Eztec on metro-only geography and multi-zone product strategy.
  • Trisul: São Paulo residential developer listed on B3 (TRIS3) with operations concentrated in the capital and select metro areas. Comparable to Eztec on geographic focus, segment mix, and developer-led sales model.
  • MRV Engenharia: Largest Brazilian residential developer by units delivered, listed on B3 (MRVE3), with a broad geographic footprint and focus on the affordable segment. Comparable to Eztec on developer business model and unit-pricing approach, though with national rather than São Paulo concentration.
  • Direcional Engenharia: Brazilian construction and development company (DIRR3) focused on the affordable-to-middle segment, with national reach. Comparable to Eztec on residential developer economics, though with broader geographic spread.
  • Tecnisa: São Paulo-based residential developer listed on B3 (TCSA3) with a premium positioning and a São Paulo metro footprint. Closely matches Eztec's focus on high-end product in core São Paulo neighborhoods.
  • Gafisa: Long-established Brazilian residential developer listed on B3 (GFSA3) with historical strength across São Paulo and Rio. Directly comparable to Eztec on business model and developer-broker-distribution approach.
  • Cury Construtora: B3-listed residential developer (CURY3) focused on the affordable Minha Casa Minha Vida segment in São Paulo metro and other Brazilian capitals. Comparable to Eztec on geographic concentration in São Paulo and developer-led sales.
  • Cyrela Brazil Realty: One of Brazil's largest residential developers listed on B3, with strong São Paulo exposure and a multi-brand portfolio spanning affordable to luxury. Directly comparable to Eztec on geography, product segmentation, and target buyer profile.
  • Mitre Realty: São Paulo-focused high-end residential developer (MTRE3) with luxury product positioning. Comparable to Eztec on premium-segment focus and city-level geographic concentration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Eztec social profiles

Digital presence

Eztec financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eztec leadership team

Management profile

Number of profiles

Profiles1 record

Eztec funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Eztec M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eztec

What does Eztec do?

Eztec is a Brazilian real estate developer that acquires land, designs, constructs, and sells residential apartments and commercial properties across the São Paulo metropolitan region. The company offers a portfolio spanning entry-level studios to ultra-luxury residences across multiple sub-brands, sells through its own brokerages (Eztec Vendas and Eztec Brokers), and provides direct in-house financing to buyers.

Is Eztec a public or private company?

Eztec is a public company. It is classified as public and is currently operating.

When was Eztec founded?

Eztec was founded in 1979. It employs 1,001 to 5,000 people.

Where is Eztec based?

Eztec is headquartered in São Paulo, Brazil, in the Latin America region.

How does Eztec make money?

Three revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Property Sales and direct Property Financing.

Who are Eztec's main competitors?

Direct peers on record are Even Construtora, Helbor Empreendimentos, Trisul, MRV Engenharia, Direcional Engenharia, Tecnisa, Gafisa, Cury Construtora, Cyrela Brazil Realty and Mitre Realty.

Does Eztec have an API?

No public API is recorded for Eztec.

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Contact sales
Live signals
InfoMoneyConstrutoras disparam após rali eleitoral: quais ações ainda têm espaço para subir?JPMorgan and Goldman Sachs updated their ratings on Brazilian construction stocks after the first round of elections, favoring medium- and high-income developers. Cyrela and Eztec were elevated to overweight by JPMorgan, while Goldman kept Cyrela as a buy and Eztec as a sell. The banks see medium- and high-income segments as more sensitive to potential interest rate compression.ExameItaú aluga prédio inteiro da Eztec por R$ 1,17 bi e reforça aposta na Chucri ZaidanItaú Unibanco leased the entire Esther Towers complex in São Paulo's Chucri Zaidan, a deal mediated by CBRE. The 10-year lease covers about 91,400 square meters, generating roughly R$1.17 billion in rental revenue over the first decade. The move reinforces Itaú's presence in the area and boosts Eztec's asset value.InfoMoneyAssaí, Itaú, Casas Bahia, Ez Tec e mais ações para acompanhar hojeOn Friday, several Brazilian companies announced corporate actions: Casas Bahia approved its 100th and 101st commercial note issuances, while Itaú Unibanco will repurchase R$11 billion of Level 2 subordinated notes. TIM, Cemig, and B3 also declared dividends, and Assaí signed a deal to acquire 18 gas stations.InfoMoneyEZ Tec (EZTC3) fecha locação do Esther Towers e prevê receita de R$ 1,2 bi em 10 anosEz Tec signed a 10-year lease with Itaú Unibanco for the full Esther Towers building, about 91,400 square meters. The lease is renewable for 5 more years, with staggered start dates. It will generate about R$1.17 billion in rental revenue over 10 years, adjusted annually by IPCA/IBGE.FolhaItaú fecha contrato de R$ 1,17 bi por aluguel de escritórios de alto padrão da Eztec em SPEztec signed a 10-year lease with Itaú Unibanco for the Esther Towers complex in São Paulo, totaling R$1.17 billion with annual rent indexed to IPCA. The building will host 9,600 workstations, with occupancy starting in 2027. The deal adds to Itaú's existing offices in Faria Lima and Jabaquara.InfoMoneyCyrela (CYRE3) e Eztec (EZTC3) podem destravar valor com venda de torres corporativasBradesco BBI sees potential value unlock from selling Cyrela's Pininfarina Corporate Tower and Eztec's Esther Towers. The tower represents 6% of Cyrela's market value and 19% of Eztec's, with Eztec's expected price of R$1.9B versus market R$1.5B. The bank recommends buying Cyrela at R$36 and is neutral on Eztec at R$17.InfoMoneyEztec tem lucro de R$ 110,4 mi no 2º tri; queda de 21% no anoEztec, a Brazilian construction company, reported a 21% decline in net profit for the second quarter to R$110.4 million, missing analyst expectations of R$114.5 million, while net revenue fell 16% to R$376.7 million. The company also recorded cash consumption of R$5.5 million compared to cash generation of R$59.7 million in the same period last year, and gross margin contracted to 39.7% from 40.7%. Despite the quarterly decline, Eztec maintained its 2026 launch guidance of R$2.5 billion to R$3.5 billion in gross sales value, with launches in the first half of the year totaling R$1.7 billion, up 53.5% year-over-year.pegnOcupação de escritórios segue em alta em São PauloSão Paulo's office market continued its recovery in Q2, with vacancy rates for high-end corporate buildings falling to 13.1%, down from 20.2% in 2020, while net absorption reached 62.8 thousand m² in the quarter and 153 thousand m² in the first half of 2025. Two major office towers are set to enter the market—the Alto das Nações, São Paulo's tallest building with 99 thousand m² of corporate area that received its occupancy permit in late June, and the Esther Towers being developed by Eztec. Itaú is reportedly evaluating leasing approximately 50 thousand m² across one of these two properties, while Braskem has already signed to occupy all corporate space in another tower of the Alto das Nações complex.NeofeedAlta renda perde fôlego e construtoras buscam abrigo no Minha Casa Minha VidaBrazilian construction companies Cyrela, Lavvi, Trisul, Eztec, and Mitre are shifting focus to the Minha Casa Minha Vida program to compensate for the slowdown in mid and high-end real estate in São Paulo. Data from April by Secovi-SP shows launches outside the program fell 28.2% in São Paulo, dropping from 52% to 25% of total launched units, while MCMV's share surged from 48% to 75%, with marketed units outside the program down 24.3% and inventory value reaching R$ 50.3 billion, up nearly 40%. Analysts see a cyclical shift following the boom years, with MCMV now serving as both protection and a growth avenue through deeper demand, funding via Caixa and FGTS, and greater predictability.Investing.comEarnings call transcript: Ez Tec Q1 2026 shows strong EPS but revenue miss By Investing.comEZTEC S.A. reported Q1 2026 earnings with EPS of $0.43, beating the analyst forecast of $0.3633 by 18.36%, while revenue of $322.5 million fell short of the $368.06 million forecast by 12.38%. The company's net sales reached BRL 697 million, an 85% year-over-year increase, with gross profit margins at 38.7%, and management projected continued strong performance with FY 2026 revenue guidance of $356.95 million and FY 2027 guidance of $437.5 million.