Fundo Imobiliário BTG Pactual Corporate Office Fund announced earnings results for the fourth quarter and full year of fiscal 2016. For the quarter, the company announced loss from properties of BRL 110,644,000 compared to revenue of BRL 296,415,000 for the same period a year ago. Net loss was BRL 124,711,000 compared to BRL 35,967,000 for the same period a year ago. Operating loss was BRL 8,139,000 compared with BRL 10,971,000 a year ago. Loss per share was BRL 6.49 compared with BRL 1.87 a year ago. FFO was BRL 40.7 million or BRL 2.12 per share compared to BRL 42.9 million or BRL 2.23 per share for the same period a year ago. Adjusted FFO was BRL 43.2 million or BRL 2.24 per share compared to BRL 45.2 million or BRL 2.35 per share for the same period a year ago. Negative Net debt at the end of the period was BRL 51.1 million compared to net debt was BRL 55.5 million for the same period a year ago. Lease revenue was BRL 56.4 million compared to BRL 59.6 million for the same period a year ago. NAV per share was BRL 109.20 compared to BRL 151.41 for the same period a year ago. For the full year, the company announced loss from properties of BRL 177,949,000 compared to revenue of BRL 359,993,000 for the same period a year ago. Net loss was BRL 207,338,000 compared to BRL 14,589,000 for the same period a year ago. Operating loss was BRL 30,694,000 compared with BRL 46,747,000 a year ago. Loss per share was BRL 10.79 compared with BRL 0.76 a year ago. Cash flows from operating activities were BRL 51,945,000 compared with BRL 66,691,000 a year ago. Payment of principal for liabilities from acquisition of properties was BRL 24,516,000 compared with BRL 13,158,000 a year ago. FFO was BRL 179.5 million or BRL 9.34 per share compared to BRL 188.1 million or BRL 9.78 per share for the same period a year ago.