1. CR2 Empreendimentos
Imobiliários S/A
October, 2010

2. Business Model
Partnership With
Pure Play Developer
Control on Each Project
Focus on Low- Strong Project
Income Segment Origination Platform
Ability to Anticipate Macro
Trends
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3. Ownership Breakdown – 2Q10
Board of Directors and
Free Float
Executive Officers
54,7%
45,3%
Itaú Unibanco Autonomy Capital ADRs Bovespa
20,6% 10,6% 9,2% 14,3%
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4. Launched PSV
Total Launched PSV (R$mm)
586.3
400.0
347.0
586.3
164.0
400.0
55.7 64.1
183.0
55.7 42.0
22.1
2006 2007 2008 2009 2010
Capital and Metropoiltan Area of Rio de Janeiro Metropolitan Area of São Paulo
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5. Project Conclusions
We intend to reach the end of 2010 with R$702.5mm of PSV delivered, 69% of the total launched
Delivery Schedule: PSV (R$mm) Delivery Schedule: Units
13 projects (69% of PSV Launched) 4.489 Units 2,697
426.7
91% 2,010
159.4 1,792
275.8
252.0
48.6 96% 87%
54.3
267.2
227.2 57.0 466
197.7
8.3
48.7 67%
Delivered: from 2H10 2011 2012 Delivered: from 2H10 2011 2012
2008 to 1Q10 2008 to 1Q10
CR2 Partners Sold Inventory
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6. Cash Position
IPO: R$307,5 mm
(R$284,5 mm ex - IPO expenses)
Cash (R$ mm)
282.8 273.8
238.7
178.4
133.6
86.9
51.4 49.7 43.6 45.4 54.0
39.0 34.0 36.1 35.4
2006 1T07 2T07 3T07 4T07 1T08 2T08 3T08 4T08 1T09 2T09 3T09 4T09 1T10 2T10
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7. Net Operating Revenue - Quarterly
Net Operating Revenue (R$ mm)
130.7
101.4 100.7
75.9 71.8 75.2
69.0
58.6
51.7
27.2
1T08 2T08 3T08 4T08 1T09 2T09 3T09 4T09 1T10 2T10
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8. Net Operating Revenue - Yearly
Net Operating Revenue (R$ mm)
300.1
230.7 231.4
2008 2009 1S10
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9. Net Profit CR2 - Quarterly
Net Profit CR2 (R$ mm)
21.2
11.1
7.2 7.4
4.8 5.0 5.3
3.6
0.5 1.3
1T08 2T08 3T08 4T08 1T09 2T09 3T09 4T09 1T10 2T10
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10. Net Profit CR2 - Yearly
Net Profit CR2 (R$ mm)
37.6
15.1 14.6
2008 2009 1S10
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11. Valuation: Price/Book Value*
P/BV
CR2 0,75
Inpar 0,86
Camargo 1,12
Trisul 1,20
Rodobens 1,35
Tecnisa 1,58
Eztec 1,67
Brookfield 1,72
Even 1,77
Gafisa 1,82
Rossi 1,97
Helbor 1,99
PDG 2,22
Direcional 2,45
Cyrela 2,61
MRV 3,34
*Data base: 10/13/2010
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12. IR Contact
Investor Relations
Rogério Furtado
Chief Financial and Investor Relations Officer
Paulo Castro
Financial and IR Analyst
Contact:
www.cr2.com.br/ir
ri@cr2.com.br
Phone: +55 (21) 3095-4600 / 3031-4600
This presentation contains certain statements that are neither reported financial results or other historical information. They are forward-looking statements.
Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by
the statements. Many of these risks and uncertainties relate to factors that are beyond CR2’s ability to control or estimate precisely, such as future market
conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators, the Company's ability to continue to obtain
sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or
technological trends or conditions, inflation and consumer confidence, on a global, regional or national basis.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. CR2 does not
undertake any obligation to publicly release any revisions to these forward looking statements to reflect events or circumstances after the date of this
presentation.
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