Developer Unloads SP Towers

EZ TEC Empreendimentos Participacoes has agreed to sell part of its EZ Towers project to Sao Carlos Emprednimentos e Participacoes for BRL564m ($276m), it says. The payment for what is known as Tower A will be made over the course of two years, and is subject to adjustments. The seller is also to transfer the BRL425m financing agreement with Bradesco to Sao Carlos.