EZTec signs 10-year lease of Esther Towers to Itaú, 91,400 sqm in São Paulo

EZTec's subsidiary Mairiporã Incorporadora signed a full lease of the Esther Towers corporate development to Itaú Unibanco, covering ~91,400 sqm with an initial 10-year term and a 5-year renewal option. This is a significant commercial real estate transaction in São Paulo's South Zone, providing EZTec with long-term rental income and strengthening its balance sheet. The deal's financial terms were not disclosed, leaving the impact on EZTec's revenue and Itaú's occupancy costs uncertain.