Multiplan Empreendimentos Imobili醨ios SA engages in the development, management, and ownership of a portfolio of malls. It operates through the following segments: Properties for Lease; Real Estate for Sale; Projects for Lease; and Management and Others. The Properties for Lease segment refers to the parking lots and commercial development for lease. The Real Estate for Sale segment sells properties normally developed around shopping centers. The Projects for Lease segment includes expenses and revenues arising from the development of shopping centers and real estate projects for lease. The Management and Others segment offers management services to its partners and tenants based on rates established in contracts. The company was founded by Jos? Isaac Peres in 1963 and is headquartered in Rio de Janeiro, Brazil.