REIT Overview
1According to Article 3 of Law 11.033, income tax exemption applies to individuals, provided that the REIT has at least 100 shareholders and is listed on a stock exchange or organized over-the-counter market, and the shareholder does not hold more than 10% of the REIT's shares.
Timeline
Check out the REIT's acquisitions and divestments.
During the month of June, the REIT completed the acquisition of five properties for the composition of its portfolio, thus finalizing the allocation of its resources into real estate assets and ending the month with approximately 97% of its equity allocated to this asset class.
In December, initiating the allocation of the proceeds raised during the REIT´s 2nd public offering, the REIT acquired two assets leased to Camargo Companhia de Embalagens and Todimo Materiais para Construção.
In January, continuing the allocation of proceeds raised during the 2nd public offering, the REIT acquired two assets leased to Jefer Produtos Siderúrgicos and Cepalgo Embalagens Flexíveis.
The highlight of the month was the acquisition of assets leased to CIA HERING and Distribuidora de Medicamentos Santa Cruz Ltda, announced on February 9, 2018.
The highlight of the month was the acquisition of the asset leased to Copobrás Indústria e Comércio de Embalagens Ltda, announced on March 19, 2018.
The property acquired was a Distribution Center owned by DMI Incorporações Ltda. The seller was responsible for the construction and subsequent lease of the property to CRBS S.A., a subsidiary of Ambev.
Aiming to improve the REIT's long‑term risk‑return profile and consistency of projected distributed income, on October 18, 2018, the REIT sold 100% of the industrial plant of a pulp & paper producer located in Caieiras/SP to Caieiras Indústria e Comércio de Papéis Especiais Ltda.
In April, following the projected pipeline, and as disclosed on April 17, 2019, the REIT acquired the industrial and logistics warehouse owned by Covolan Indústria Têxtil Ltda in Santa Bárbara d’Oeste – SP for R$ 71,800,000.
After meeting one of the precedent conditions of the Memorandum, the REIT completed the payment of R$ 6,500,000.00 for the new expansion area of approximately 60,000 m² at CD Anápolis. Payment was structured in 12 promissory notes as follows: (i) 1 note of R$ 200,000 (ii) 10 notes of R$ 600,000 and (iii) 1 note of R$ 300,000.
On December 20, the REIT announced through a Material Fact, the completion of the Real Estate Purchase Agreement for the property leased to Rizobacter do Brasil Ltda.
On June 10, the REIT signed a Purchase Agreement to acquire 1,625,000 shares of Triple A REIT for R$ 112,500,000. As part of the payment package, the Seller subscribed to 10,000,000 of new shares issued in the REIT´s 7th Public Offering. With this acquisition, the REIT had a 35.62% stake in Triple A, which could potentially be diluted to 25% following capital contributions by Oaktree Capital Management.
On August 21, the Formal Consultation Results Statement regarding the EGM for the REIT's new bylaws was released. Responses to the Formal Consultation were received and, after due verification, the process resulted in the APPROVAL of all resolutions.
The asset was sold for an adjusted fair value of R$ 130,000,000.00 by Triple A, received fully in cash, with proceeds used partially for debt amortization and dividend distribution to shareholders.
On October 21, 2024, the REIT signed a Purchase and Sale Agreement with Alianza Trust Renda Imobiliária REIT to acquire the Aptiv property for R$ 47,500,005.85.
On November 12, the REIT signed a Purchase and Sale Agreement with SUNO LOG REIT to acquire 6 assets of its portfolio for R$ 299,000,000.
On November 12, after fulfilling precedent and suspensive conditions, the REIT signed a Purchase and Sale Agreement with BTG PACTUAL LOGÍSTICA REIT to purchase its Air Liquide and Mills properties.
On April 30, the REIT signed a Purchase and Sale Agreement to acquire the Martin Brower Curitiba Distribution Center for R$ 35,475,000, subject to precedent and suspensive conditions.
On May 9, the REIT signed a Purchase and Sale Agreement with REC Logística REIT to acquire select assets from its portfolio for R$ 133,456,200.44.
On June 11, all precedent conditions were met for the sale of the property located at Rua Jerônimo Teles Júnior, 54, Pirituba – São Paulo/SP.
The operation was concluded successfully, and full payment of R$ 35,250,000, will be fulfilled on July 1, 2025, the same date that the property will be transferred to the buyer.
On September 2, the REIT signed definitive documents together with Bluemacaw Logística REIT (BLMG11), involving a land parcel in Cabreúva/SP and to acquire all remaining outstanding shares of Triple A REIT.
On September 12, the REIT signed a Purchase and Sale Agreement with Jive Properties III REIT to acquire the Green House logistics property located in Indaiatuba/SP for R$ 43,000,000, currently leased to Outdoor Importação e Exportação Ltda.
On October 20, 2025, fulfilling precedent conditions, the REIT executed the public deed together with Votorantim Logística REIT – VTLT11, for the acquisition of a logistics property located in Quatro Barras/PR, currently leased to Renault Brazil, for R$ 216,999,994.86.
On October 24, 2025, the REIT signed a contract to acquire all shares of SPE R032 Seropédica Empreendimentos e Participações S.A., owner of a logistics condominium currently leased to Granado, EPL and Embelleze in Seropédica/RJ for R$ 67,999,999.32.
The REIT announced the closing of its 10th public offering, raising R$ 693,328,657.56, the largest capital raising event in its history, surpassing 200 thousand shareholders and R$ 2.4 billion in Net Asset Value.
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