The company has a solid expertise on real estate projects, having successfully developed and sold residential (mid and mid-to-low income housing) and retail (shopping malls) properties nationwide.

Except for Shopping Pátio Maceió, the remaining  retail assets outlined below were sold in early 2007 to an entity (Encisa) controlled by the public listed company called BR Malls (joint venture between G.P. Investimentos and Equity International (Sam Zell’s Real Estate Investment Company).

SMA has recently co-developed along with prosperitas investimentos, a local renowned private equity firm,  the most modern retail development in the capital of the state of Alagoas: Shopping Pátio Maceió with 34,000 m² of Gross Leasable Area (GLA).