Acquisition of Grupo BIG
Grupo BIG also owns valuable property assets
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HIGH ASSET QUALITY & STORE LOCATIONS
✓ Excellent store conditions especially for Cash &
Carry and Hypermarkets thanks to recent store
renovation program
✓ Supermarkets to be refurbished in 2021/2022
✓ Valuable and qualitative store locations across
regions in the country
SIZEABLE REAL ESTATE PORTFOLIO
✓ Close to half of Grupo BIG's stores are owned which is in line
with Grupo Carrefour Brasil's long-term strategy of securing
real estate assets (vs ~75% for CRF)
✓ 38 additional owned sites for further store openings or other
purposes
100%
% of stores refurbished
Hypermarkets
88%
Cash & Carry
97%
Supermarkets
Note: Supermarket renovations to reach this level until closing.
$5
A STRONG PROPERTY BACKBONE WORTH - R$7bn¹
Real estate value, including land and construction, close to
EV paid
✓ Additional value to be explored in selected assets through
further development of key locations
1. Based on external appraisals
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