[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo:\u002Fdetalhes\u002FCPSH11\u002Fdocumentos\u002F22246":3,"fii-documento:CPSH11":87,"documento:CPSH11:22246":320},{"title":4,"description":5,"canonical":6,"image":7,"json_ld":8,"nome":33,"resumo":79},"Relatório Gerencial CPSH11 de setembro de 2026 | Kartac","Relatório Gerencial de setembro de 2026 do CPSH11 (Capitânia Shoppings), entrega em 28\u002F10\u002F2026. DY 12 meses de 13,62% e P\u002FVP 0,80 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FCPSH11\u002Fdocumentos\u002F22246","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":9,"@graph":10},"https:\u002F\u002Fschema.org",[11,17,22,31,49,64],{"@type":12,"@id":13,"name":14,"url":15,"logo":16},"Organization","https:\u002F\u002Fwww.kartac.com.br\u002F#organizacao","Kartac","https:\u002F\u002Fwww.kartac.com.br\u002F","https:\u002F\u002Fwww.kartac.com.br\u002Fandroid-chrome-512x512.png",{"@type":18,"@id":19,"name":14,"url":15,"inLanguage":20,"publisher":21},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":13},{"@type":23,"@id":24,"url":6,"name":4,"description":5,"inLanguage":20,"isPartOf":25,"dateModified":26,"mainEntity":27,"breadcrumb":29},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FCPSH11\u002Fdocumentos\u002F22246#pagina",{"@id":19},"2026-11-01",{"@id":28},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FCPSH11\u002Fdocumentos\u002F22246#documento",{"@id":30},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FCPSH11\u002Fdocumentos\u002F22246#migalhas",{"@type":32,"@id":28,"name":33,"alternateName":34,"url":6,"inLanguage":20,"about":35,"genre":37,"datePublished":38,"temporalCoverage":39,"author":40,"publisher":46,"isBasedOn":48},"Report","Relatório Gerencial CPSH11 de setembro de 2026","(CPSH) Relatório Gerencial - 30\u002F09\u002F2026",{"@id":36},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FCPSH11#fundo","Relatórios","2026-10-28","2026-09",{"@type":12,"name":41,"identifier":42},"CAPITÂNIA CAPITAL S.A",{"@type":43,"propertyID":44,"value":45},"PropertyValue","CNPJ","41.793.345\u002F0001-27",{"@type":12,"name":47},"BTG PACTUAL SERVICOS FINANCEIROS S.A. DISTRIBUIDOR","https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1360875",{"@type":50,"@id":36,"name":51,"alternateName":52,"url":55,"category":56,"identifier":57,"provider":62},"InvestmentFund","Capitânia Shoppings",[53,54],"CPSH11","CAPITÂNIA SHOPPINGS FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FCPSH11","Fundo de fundos",[58,60],{"@type":43,"propertyID":59,"value":53},"Ticker B3",{"@type":43,"propertyID":44,"value":61},"47.896.665\u002F0001-99",{"@type":12,"name":41,"identifier":63},{"@type":43,"propertyID":44,"value":45},{"@type":65,"@id":30,"itemListElement":66},"BreadcrumbList",[67,71,75,77],{"@type":68,"position":69,"name":70,"item":15},"ListItem",1,"Início",{"@type":68,"position":72,"name":73,"item":74},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":68,"position":76,"name":53,"item":55},3,{"@type":68,"position":78,"name":34,"item":6},4,{"atualizado_em":80,"frases":81},"2026-11-05",[82,83,84,85,86],"Relatório Gerencial do Capitânia Shoppings (CPSH11), fundo imobiliário de fundos (FoF), referente a setembro de 2026, com entrega no FundosNet (B3) em 28\u002F10\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do CPSH11 fechou a R$ 9,18, com P\u002FVP de 0,80 (valor patrimonial de R$ 11,41 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,11 por cota, com pagamento em out\u002F2026, e o dividend yield dos últimos 12 meses é de 13,62% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 1,4 bilhão no informe mensal de setembro de 2026.","Os indicadores são os mais recentes da base do Kartac, não os do período do documento.",{"id":88,"empresa":89,"gestor":93,"cotacoes":99,"patrimonio":211,"vpa":212,"p_vpa":213,"tipo_gestao":214,"mandato":215,"segmento":216,"categoria":56,"grupo":56,"preco_atual":209,"cotacao_atualizada_em":217,"ultima_variacao_cotacao_24h":218,"variacao_cotacao_7d":219,"variacao_cotacao_1m":220,"variacao_cotacao_3m":221,"variacao_cotacao_6m":222,"variacao_cotacao_12m":223,"vacancia_fisica":224,"liquidez_atual":225,"ultimo_dividendo":226,"ultimo_dividend_yield":227,"mes_pagamento_ultimo_dividendo":228,"dividend_yield_3m":229,"dividend_yield_6m":230,"dividend_yield_12m":231,"dividend_yield_medio_12m":232,"qtd_dividendos_pagos_ano_passado":233,"data_ultima_cotacao":208,"pregoes_com_negocio_21":234,"alertas":235,"updated_at":236,"liquidez_media_reais":237,"administrador":47,"taxa_administracao_paga":238,"balanco":239,"resultado_distribuido":247,"publico_alvo":250,"mercados_negociacao_cotas":251,"data_funcionamento":253,"data_final":215,"quantidade_cotas":254,"quantidade_cotistas":255,"detalhes_cotistas":256,"total_investido":263,"investimentos_fundo":264,"imoveis":267,"contratos":215,"custodiante":300,"auditor_independente":306,"formador_mercado":215,"distribuidor_cotas":215,"consultor_especializado":215,"administrador_locacoes":215,"relatorio_anual":313,"analise_administrador":316},803,{"nome":54,"nome_simplificado":90,"nome_comercial":51,"ticker":53,"nome_ticker":91,"nome_pregao":92,"cnpj":61},"CAPITÂNIA SHOPPINGS   RESPONSABILIDADE LIMITADA","CPSH11 - CAPITÂNIA SHOPPINGS FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","FII CPSH",{"id":94,"nome":41,"cnpj":95,"endereco":96,"telefone":97,"created_at":98,"updated_at":98},27,"41793345000127","Avenida Brigadeiro Faria Lima, nº \n1.485, Edifício Torre Norte, 3º andar, conjunto 31, \nJardim Paulistano, CEP 01452-002","(11)2853-8868","2026-10-03T18:51:45.000000Z",[100,105,111,116,122,128,134,139,144,150,155,161,166,171,177,183,188,194,200,206],{"id":101,"data":102,"abertura":103,"ultimo":103,"volume":104},3288757,"2026-10-06",10,254479,{"id":106,"data":107,"abertura":108,"ultimo":109,"volume":110},3289562,"2026-10-07",10.1,10.24,249883,{"id":112,"data":113,"abertura":114,"ultimo":114,"volume":115},3290379,"2026-10-08",10.25,244151,{"id":117,"data":118,"abertura":119,"ultimo":120,"volume":121},3290989,"2026-10-09",10.3,10.28,233381,{"id":123,"data":124,"abertura":125,"ultimo":126,"volume":127},3357331,"2026-10-13",10.33,10.17,360794,{"id":129,"data":130,"abertura":131,"ultimo":132,"volume":133},3375803,"2026-10-14",10.23,10.13,280067,{"id":135,"data":136,"abertura":137,"ultimo":132,"volume":138},3376368,"2026-10-15",10.15,226754,{"id":140,"data":141,"abertura":142,"ultimo":103,"volume":143},3377164,"2026-10-16",10.04,267244,{"id":145,"data":146,"abertura":147,"ultimo":148,"volume":149},3445104,"2026-10-19",10.01,9.98,129116,{"id":151,"data":152,"abertura":103,"ultimo":153,"volume":154},3446671,"2026-10-20",10.06,191089,{"id":156,"data":157,"abertura":158,"ultimo":159,"volume":160},3459953,"2026-10-21",10.07,10.12,246006,{"id":162,"data":163,"abertura":137,"ultimo":164,"volume":165},3473649,"2026-10-22",10.09,733118,{"id":167,"data":168,"abertura":169,"ultimo":169,"volume":170},3488084,"2026-10-23",10.11,285969,{"id":172,"data":173,"abertura":174,"ultimo":175,"volume":176},3566177,"2026-10-26",9.7,9.52,326054,{"id":178,"data":179,"abertura":180,"ultimo":181,"volume":182},3580197,"2026-10-27",9.53,9.39,313785,{"id":184,"data":38,"abertura":185,"ultimo":186,"volume":187},3594012,9.31,9.26,581660,{"id":189,"data":190,"abertura":191,"ultimo":192,"volume":193},3609171,"2026-10-29",9.32,9.23,184981,{"id":195,"data":196,"abertura":197,"ultimo":198,"volume":199},3624731,"2026-10-30",9.25,9.04,306581,{"id":201,"data":202,"abertura":203,"ultimo":204,"volume":205},3682160,"2026-11-03",9,8.68,307673,{"id":207,"data":208,"abertura":204,"ultimo":209,"volume":210},3695655,"2026-11-04",9.18,287122,1405890291.96,11.41,"0.80","Ativa",null,"Shoppings","2026-11-05 09:00","0.0576","-0.0054","-0.0820","-0.0585","-0.1257","-0.1130","0.06866",6720,"0.1100","0.0109","Out\u002F2026","0.0240","0.0599","0.1362","0.0101",12,21,[],"05\u002F11\u002F2026 07:00",2929621.73,0.00804493406584643,{"data_referencia":240,"ativo":241,"passivo":242,"obrigacoes_imoveis":243,"obrigacoes_securitizacao":244,"liquidez":245,"valores_receber":246},"2026-09-01",1537845858.65,131955566.69,26945080,101366244.26,10792916.31,213540469.96,{"data_referencia":248,"resultado":249,"rendimentos":249,"percentual":69},"2026-06-30",72069362.08,"Investidores em Geral",[252],"Bolsa","2023-02-23",123163844,39675,{"Pessoa Física":257,"Pessoa jurídica não financeira":258,"Outros fundos de investimento":259,"Fundos de investimento imobiliário":260,"Investidores não residentes":261,"Entidade fechada de previdência complementar":262,"Entidade aberta de previdência complementar":76,"SSociedade de capitalização e de arrendamento mercantil":69,"Outros tipos de cotistas não relacionados":69},39544,66,31,16,8,5,1313512472.38,{"Cotas de FIIs":265,"Imóveis para renda":266},731993779,581518693.38,{"vacancia_total":268,"lista_imoveis":269,"data_referencia":248,"vacancia_suspeita":299},0.06866406393083638,[270,278,285,292],{"nome":271,"vacancia":272,"numero_unidades":69,"area":273,"endereco":274,"percentual_inadimplencia":275,"percentual_receitas":276,"ocupacao":277},"Internacional Shopping Guarulhos",0.0109,77080,"Rodovia Presidente Dutra, S\u002Fn, Km 225, Porto Da Igreja, Guarulhos\u002FSP, Brasil, 07034-911",0,0.0597,0.9891,{"nome":279,"vacancia":280,"numero_unidades":69,"area":281,"endereco":282,"percentual_inadimplencia":275,"percentual_receitas":283,"ocupacao":284},"Shopping Iguatemi Alphaville",0.0551,49102,"Alameda Xingu, 350, 200\u002F350, Sem Complemento, Alphaville Industrial, Barueri\u002FSP, Brasil, 06455-911",0.055,0.9449,{"nome":286,"vacancia":287,"numero_unidades":69,"area":288,"endereco":289,"percentual_inadimplencia":275,"percentual_receitas":290,"ocupacao":291},"I Fashion Outlet Novo Hamburgo",0.0367,34663,"Br-116, Km 236, S\u002Fn, Sem Complemento, Operário, Novo Hamburgo\u002FRS, Brasil, 93310-460",0.05,0.9633,{"nome":293,"vacancia":294,"numero_unidades":69,"area":295,"endereco":296,"percentual_inadimplencia":275,"percentual_receitas":297,"ocupacao":298},"Iguatemi Bosque Shopping - Fortaleza",0.1013,190785,"Avenida Washington Soares. 85, Sem Complemento, Edson Queiroz, Fortaleza\u002FCE, Brasil, 60811-900",0.045,0.8987,false,{"id":262,"nome":301,"cnpj":302,"endereco":303,"telefone":304,"created_at":305,"updated_at":305},"BANCO BTG PACTUAL S A","30306294000145","PR BOTAFOGO, 501, BLII SLO 501 BLC II SAL 601 - BOTAFOGO, RIO DE JANEIRO - RJ - 22250-911","(21) 32629600","2026-10-03T18:47:06.000000Z",{"id":307,"nome":308,"cnpj":309,"endereco":310,"telefone":311,"created_at":312,"updated_at":312},14,"GRANT THORNTON AUDITORES INDEPENDENTES LTDA","10830108000165","Av. Engenheiro Luís Carlos Berrini, 105 - 12º andar - Itaim Bibi, São Paulo - SP, 04571-010","(11) 3886-5100","2026-10-03T18:50:58.000000Z",{"ano_referencia":314,"data_disponibilizacao":315},"2025","2026-03-30",{"ResultadoFundo":317,"ConjunturaEconomica":318,"PerspectivaPeriodoSeguinte":319},"O Fundo encerrou o exercício social em linha com sua estratégia de investimentos, conforme detalhado no informe mensal de dezembro de 2025.","Em 2025, o mercado de FIIs operou em ambiente desafiador, marcado pela manutenção de taxas de juros em patamares elevados, o que impactou a atratividade do setor e manteve postura mais cautelosa por parte dos investidores.","Para 2026, a expectativa é de melhora gradual do setor, com possível redução das taxas de juros e retomada do interesse dos investidores, favorecendo a valorização dos ativos imobiliários.",{"id":321,"descricao":34,"assunto":322,"tipo":37,"situacao":323,"texto":324,"link_pdf":325,"estruturado":299,"link_original":48,"data_referencia":326,"data_entrega":327,"versao":69},22246,"Relatório Gerencial","(Inativo)","\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_0_Figure_0.jpeg\">\u003C\u002Fp>\u003Ch2>\u003Cb> CAPITÂNIA SHOPPINGS FUNDO DE INVESTIMENTO IMOBILIÁRIO \u003C\u002Fb>\u003C\u002Fh2>\u003Cp>\u003C\u002Fp>\u003Cp>(TICKER B3: CPSH11) \u003Cb> Fundo de Investimento Imobiliário \u003C\u002Fb> (\"FII\") constituído sob a forma de condomínio fechado, com prazo indeterminado de duração.\u003C\u002Fp>\u003Ch4>\u003Cb> OBJETIVO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_1_Picture_4.jpeg\">\u003C\u002Fp>\u003Cp>O Fundo tem por objetivo a obtenção de renda mediante a exploração comercial dos shopping centers e outlets que constituem o seu portfólio, bem como a obtenção de ganho de capital por meio de compra e venda desses ativos. O fundo investe preponderantemente em imóveis prontos, mas está autorizado a participar também em projetos greenfield de shopping centers e outlets.\u003C\u002Fp>\u003Ch5>\u003Cb> CNPJ \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>47.896.665\u002F0001-99\u003C\u002Fp>\u003Ch5>\u003Cb> ADMINISTRADOR \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>BTG Pactual Serviços Financeiros DTVM\u003C\u002Fp>\u003Ch4>\u003Cb> PÚBLICO-ALVO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Investidores em Geral\u003C\u002Fp>\u003Ch5>\u003Cb> TAXA DE ADMINISTRAÇÃO E GESTÃO \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>0,92% a.a. sobre o Patrimônio Líquido\u003C\u002Fp>\u003Ch4>\u003Cb> DATA DA DIVULGAÇÃO DO RENDIMENTO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>10º dia útil do mês\u003C\u002Fp>\u003Ch4>\u003Cb> CLASSIFICAÇÃO ANBIMA \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>FII Renda Gestão Ativa – Shoppings\u003C\u002Fp>\u003Ch4>\u003Cb> QUANTIDADE DE COTAS \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>123.163.844\u003C\u002Fp>\u003Ch4>\u003Cb> INÍCIO DA NEGOCIAÇÃO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>23\u002F02\u002F2023\u003C\u002Fp>\u003Ch5>\u003Cb> GESTOR \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Capitânia Investimentos\u003C\u002Fp>\u003Ch5>\u003Cb> EXERCÍCIO SOCIAL \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Dezembro\u003C\u002Fp>\u003Ch5>\u003Cb> TAXA DE PERFORMANCE \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>10,00% do que exceder 100% do IPCA + 6% a.a.\u003C\u002Fp>\u003Ch4>\u003Cb> DATA DISTRIBUIÇÃO DO RENDIMENTO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>15º dia útil do mês seguinte\u003C\u002Fp>\u003Ch5>\u003Cb> QUANT. OFERTAS REALIZADAS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>5\u003C\u002Fp>\u003Ch4>\u003Cb> QUANTIDADE DE COTISTAS \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>39.675\u003C\u002Fp>\u003Ch4>\u003Cb> OVERVIEW \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Valor de Mercado (R$\u002FCota) \u003Cb> R$ 9,81 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Considerando a cota de fechamento de 30\u002F09\u002F2026\u003C\u002Fp>\u003Cp>Valor de Mercado\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.208.237.310 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Último rendimento (R$\u002FCota) \u003Cb> R$ 0,11 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Valor Patrimonial\u003C\u002Fp>\u003Cp>(R$\u002FCota) \u003Cb> R$ 11,41 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Patrimônio Líquido\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.405.890.292 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Dividend Yield\u003C\u002Fp>\u003Cp>Price to Book \u003Cb> 0,86 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 14,32% a.a. \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Dividendo mensal anualizado considerando a cota de fechamento de 30\u002F09\u002F2026\u003C\u002Fp>\u003Ch2>SUMÁRIO\u003C\u002Fh2>\u003Cp>\u003Cb> COMENTÁRIO DO GESTOR \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> PORTFÓLIO ATUAL DE ATIVOS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> FUNDO A MERCADO \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> INDICADORES FINANCEIROS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> DIVIDENDOS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> PATRIMÔNIO LÍQUIDO E ALAVANCAGEM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ATIVOS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> INSTITUCIONAL \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ANEXOS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> GLOSSÁRIO \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> DISCLAIMER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> VISÃO MACRO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Setembro foi de alívio para os juros brasileiros. O Copom voltou a cortar a Selic, em 0,25 p.p., e a curva de juros reais recuou: a NTN-B 2037 passou de IPCA + 7,77% para 7,54%, e os vencimentos até 2030 cederam mais de 0,5 p.p. Com isso, o IMA-B subiu 3,1% no mês e acumula 10,1% no ano, em linha com o CDI (1,08% no mês e 10,5% no ano). O Ibovespa avançou 5,0% (15,6% no ano) e o índice imobiliário da B3 (IMOB), 4,6%. O IFIX, porém, ficou para trás: recuou 0,2% no mês e acumula -0,5% em 2026, o único desses índices no negativo no ano. Na inflação, o IPCA de agosto veio em - 0,32%, com 4,22% em 12 meses. A distância entre o juro real em queda e o IFIX parado é o ponto a acompanhar nos próximos meses.\u003C\u002Fp>\u003Ch4>\u003Cb> O FUNDO NO MÊS \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Em setembro, o Fundo distribuiu R$ 0,11 por cota, mesmo valor de agosto, o equivalente a um dividend yield de 14,3% a.a. sobre a cota de fechamento de R$ 9,81. Nos últimos 12 meses, foram R$ 1,370 por cota distribuídos (DY LTM de 14,0%). O resultado do mês, de R$ 9,9 milhões, ou R$ 0,0804 por cota, ficou abaixo da distribuição, e a diferença foi paga com resultado retido em meses anteriores. O valor patrimonial da cota fechou em R$ 11,41, com PL de R$ 1.405,9 milhões, e o P\u002FVP foi de 0,86. A cota subiu 2,0% no mês, enquanto o IFIX recuou 0,2%; desde o início do Fundo, em fevereiro de 2023, a cota a mercado ajustada por proventos rendeu 65,5%, contra 33,7% do IFIX e 45,3% do CDI líquido. A média diária de negociação foi de R$ 3,9 milhões, e o Fundo encerrou o mês com 39.675 cotistas. Setembro foi o primeiro mês completo com os 5% do Amazonas Shopping, em Manaus, adquiridos em 21 de agosto por R$ 51,8 milhões, à vista, a um cap rate de 9,19% sobre o NOI dos últimos 12 meses. No portfólio, a ocupação foi de 95,9% em agosto; nos 12 meses até agosto, as vendas\u002Fm² chegaram a R$ 24.326 (+4,6%) e o NOI caixa\u002Fm² a R$ 1.839 (+4,6%). A alavancagem segue em 7,2% do PL, em quatro séries de CRI. A Gestão mantém a expectativa de distribuição entre R$ 0,09 e R$ 0,13 por cota.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_4_Picture_0.jpeg\">\u003C\u002Fp>\u003Cp>Shopping Metrô Tatuapé\u003C\u002Fp>\u003Ch4>\u003Cb> 01 COMENTÁRIO DO GESTOR \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> A D I T A M E N T O E C O N C L U S Ã O D A V E N D A X P M L \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Em outubro, o contrato de venda dos shopping s Praia de Belas, C om plexo Tatuapé e Ig uatem i Bosque Fortaleza para o XP M alls (XPM L11) foi aditado, perm itindo ao C PS H 11 receber antecipadam ente a totalidade do valor da transação, \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> incluindo o earn-out. \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Com o aditamento, a venda dos 4 shoppings gerou um fluxo de caixa de R$ 87,3 milhões, sendo que R$ 39,4mm ainda não foram distribuídos.\u003C\u002Fp>\u003Cp>\u003Cb> R$ 87,3 mi \u003C\u002Fb>\u003C\u002Fp>\u003Cp>de ganho\u003C\u002Fp>\u003Cp>\u003Cb> 100% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>recebido em 26\u002F10\u002F2026\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_4_Figure_10.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> R E T O R N O D A V E N D A X P M L \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> O INVESTIMENTO OBTEVE UMA TIR DE 16,4% A.A. E DEVOLVEU 1,27X O CAPITAL \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_5_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>R$ milhões, por trimestre de pagamento ou recebimento, somando os 4 shoppings. A linha mostra o caixa acumulado no fim de cada trimestre.\u003C\u002Fp>\u003Ch4>\u003Cb> SOMADO AO RESULTADO DA VENDA DO CATARINA FASHION OUTLET, AINDA HÁ R$ 59,1 MI DE RESULTADO PASSÍVEL DE DISTRIBUIÇÃO (R$ 0,48\u002FCOTA) \u003C\u002Fb>\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>JÁ DISTRIBUÍDO\u003C\u002Fth>\u003Cth>A RECONHECER\u003C\u002Fth>\u003Cth>QUANDO ENTRA\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Iguatemi Fortaleza\u003Cbr>Praia de Belas\u003Cbr>Metrô Tatuapé\u003Cbr>Metrô Boulevard Tatuapé\u003C\u002Fth>\u003Cth>10,1\u003C\u002Fth>\u003Cth>39,4\u003C\u002Fth>\u003Cth>26\u002F10\u002F2026\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Catarina\u003C\u002Fth>\u003Cth>5,4\u003C\u002Fth>\u003Cth>19,8\u003C\u002Fth>\u003Cth>até 26\u002F11\u002F2027\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Total\u003C\u002Fth>\u003Cth>15,5\u003C\u002Fth>\u003Cth>59,1\u003C\u002Fth>\u003Cth>R$ milhões\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cb> A R E C O N H E C E R , P O R C O T A \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 0,32 \u003C\u002Fb> em 26\u002F10\u002F2026\u003C\u002Fp>\u003Cp>\u003Cb> R$ 0,16 \u003C\u002Fb> até 26\u002F11\u002F2027 (Catarina)\u003C\u002Fp>\u003Ch4>\u003Cb> R E S E R V A D E R E S U L T A D O \u003C\u002Fb>\u003C\u002Fh4>\u003Ch4>\u003Cb> A RESERVA DE RESULTADO JÁ EQUIVALE A 4,8 MESES DE DISTRIBUIÇÃO \u003C\u002Fb>\u003C\u002Fh4>\u003Ch2>\u003Cb> R$ 64,7 mi R$ 0,53 por cota \u003C\u002Fb>\u003C\u002Fh2>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_6_Figure_9.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> R$ milhões. Reserva = resultado acumulado + lucro das vendas a reconhecer. Distribuição atual: R$ 0,11\u002Fcota. \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> V E N D A D O S 5 S H O P P I N G S · A N T E S × D E P O I S \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_7_Figure_2.jpeg\">\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth colspan=\"7\">N O I ×\u003Cbr>IN FLAÇ ÃO , P O R S H O P P IN G\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Shopping\u003C\u002Fth>\u003Cth>Período\u003C\u002Fth>\u003Cth>N O I\u003C\u002Fth>\u003Cth>IPC A\u003C\u002Fth>\u003Cth>Real\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ig uatem i Fortaleza\u003C\u002Ftd>\u003Ctd>2,1 anos\u003C\u002Ftd>\u003Ctd>+ 23,0%\u003C\u002Ftd>\u003Ctd>+ 10,2%\u003C\u002Ftd>\u003Ctd>+ 11,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>M etrô Tatuapé\u003C\u002Ftd>\u003Ctd>1,8 anos\u003C\u002Ftd>\u003Ctd>+ 10,8%\u003C\u002Ftd>\u003Ctd>+ 8,8%\u003C\u002Ftd>\u003Ctd>+ 1,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Praia de Belas\u003C\u002Ftd>\u003Ctd>1,8 anos\u003C\u002Ftd>\u003Ctd>+ 12,2%\u003C\u002Ftd>\u003Ctd>+ 8,8%\u003C\u002Ftd>\u003Ctd>+ 3,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Boulevard Tatuapé\u003C\u002Ftd>\u003Ctd>1,8 anos\u003C\u002Ftd>\u003Ctd>+ 20,4%\u003C\u002Ftd>\u003Ctd>+ 8,8%\u003C\u002Ftd>\u003Ctd>+ 10,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>C atarina\u003C\u002Ftd>\u003Ctd>2,8 anos\u003C\u002Ftd>\u003Ctd>+ 17,4%\u003C\u002Ftd>\u003Ctd>+ 12,5%\u003C\u002Ftd>\u003Ctd>+ 4,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cb> Os 5 shoppings cresceram o NOI acima da inflação do período. \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Nos 5 shoppings vendidos, o Fundo capturou crescimento de renda e compressão de cap rate: o NOI subiu 17,1%, acima da inflação em todos os ativos, e o cap rate caiu de 7,68% na compra para 7,45% na venda, mesmo com juro real 195 bps mais alto. Fruto da seleção dos ativos e da venda a compradores estratégicos, a valorização foi de 20,6%. \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ATIVOS NO PORTFÓLIO\u003C\u002Fp>\u003Cp>\u003Cb> 9 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ESTADOS\u003C\u002Fp>\u003Cp>\u003Cb> 6 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ABL TOTAL (100%)\u003C\u002Fp>\u003Cp>\u003Cb> 511.832 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ABL DO FUNDO\u003C\u002Fp>\u003Cp>\u003Cb> 39.378 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Amazonas Shopping \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>MANAUS, AM\u003C\u002Fp>\u003Cp>\u003Cb> 37.555 m² · 5,0% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ABL fundo 1.878 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_13.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> I Fashion Outlet \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>NOVO HAMBURGO, RS\u003C\u002Fp>\u003Cp>\u003Cb> 20.048 m² · 39,0% \u003C\u002Fb> ABL fundo 7.819 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_17.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Iguatemi Alphaville \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>BARUERI, SP\u003C\u002Fp>\u003Cp>\u003Cb> 30.968 m² · 21,0% \u003C\u002Fb> ABL fundo 6.503 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_21.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Internacional de Guarulhos \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>GUARULHOS, SP\u003C\u002Fp>\u003Cp>\u003Cb> 75.211 m² · 4,8% \u003C\u002Fb> ABL fundo 3.618 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_25.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Midway Mall \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>NATAL, RN\u003C\u002Fp>\u003Cp>\u003Cb> 66.167 m² · 8,5% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ABL fundo 5.650 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_30.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Curitiba \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>CURITIBA, PR\u003C\u002Fp>\u003Cp>\u003Cb> 22.370 m² · 10,7% \u003C\u002Fb> ABL fundo 2.390 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_34.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Iguatemi Fortaleza \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>FORTALEZA, CE\u003C\u002Fp>\u003Cp>\u003Cb> 91.483 m² · 3,5% \u003C\u002Fb> ABL fundo 3.202 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_38.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Parque Dom Pedro \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>CAMPINAS, SP\u003C\u002Fp>\u003Cp>\u003Cb> 126.500 m² · 5,7% \u003C\u002Fb> ABL fundo 7.239 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_42.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Pátio Paulista \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>SÃO PAULO, SP\u003C\u002Fp>\u003Cp>\u003Cb> 41.530 m² · 2,6% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>ABL fundo 1.080 m²\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_8_Picture_47.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> CARTEIRA DE ATIVOS \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>ATIVO\u003C\u002Fth>\u003Cth>EXPOSIÇÃO\u003C\u002Fth>\u003Cth>PART.\u003C\u002Fth>\u003Cth>% CART. (NOI)\u003C\u002Fth>\u003Cth>OCUP.\u003Cbr>AGO\u002F26\u003C\u002Fth>\u003Cth>ABL 100% (m²)\u003C\u002Fth>\u003Cth>ABL FUNDO (m²)\u003C\u002Fth>\u003Cth>VENDAS R$\u002Fm² LTM\u003C\u002Fth>\u003Cth>VAR. LTM ×\u003Cbr>LTM ANT.\u003C\u002Fth>\u003Cth>NOI CAIXA R$\u002Fm²\u003Cbr>LTM\u003C\u002Fth>\u003Cth>VAR. LTM ×\u003Cbr>LTM ANT.\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Shopping Parque Dom Pedro\u003C\u002Fth>\u003Cth>Via FII\u003C\u002Fth>\u003Cth>5,7%\u003C\u002Fth>\u003Cth>17,7%\u003C\u002Fth>\u003Cth>97,4%\u003C\u002Fth>\u003Cth>126.500\u003C\u002Fth>\u003Cth>7.239\u003C\u002Fth>\u003Cth>18.563\u003C\u002Fth>\u003Cth>\u003Cb> ▲ 2,2 \u003C\u002Fb> %\u003C\u002Fth>\u003Cth>1.780\u003C\u002Fth>\u003Cth>\u003Cb> ▲ \u003C\u002Fb> 7,5%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Iguatemi Alphaville\u003C\u002Fth>\u003Cth>Direta\u003C\u002Fth>\u003Cth>21,0%1\u003C\u002Fth>\u003Cth>17,6%\u003C\u002Fth>\u003Cth>93,9%\u003C\u002Fth>\u003Cth>30.968\u003C\u002Fth>\u003Cth>6.503\u003C\u002Fth>\u003Cth>26.665\u003C\u002Fth>\u003Cth>\u003Cb> ▲ \u003C\u002Fb> 5,1%\u003C\u002Fth>\u003Cth>1.976\u003C\u002Fth>\u003Cth>▼ 0,8%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Midway Mall\u003C\u002Fth>\u003Cth>Via FII\u003C\u002Fth>\u003Cth>8,5%\u003C\u002Fth>\u003Cth>15,2%\u003C\u002Fth>\u003Cth>97,2%\u003C\u002Fth>\u003Cth>66.167\u003C\u002Fth>\u003Cth>5.650\u003C\u002Fth>\u003Cth>27.287\u003C\u002Fth>\u003Cth>\u003Cb> ▲ \u003C\u002Fb> 9,1%\u003C\u002Fth>\u003Cth>1.960\u003C\u002Fth>\u003Cth>\u003Cb> ▲ 7,7 \u003C\u002Fb> %\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>I Fashion Outlet\u003C\u002Fth>\u003Cth>Direta\u003C\u002Fth>\u003Cth>39,0%²\u003C\u002Fth>\u003Cth>14,6%\u003C\u002Fth>\u003Cth>95,5%\u003C\u002Fth>\u003Cth>20.048\u003C\u002Fth>\u003Cth>7.819\u003C\u002Fth>\u003Cth>22.305\u003C\u002Fth>\u003Cth>▲ 3,0%\u003C\u002Fth>\u003Cth>1.363\u003C\u002Fth>\u003Cth>▲ 8,2%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Shopping Iguatemi Fortaleza\u003C\u002Fth>\u003Cth>Direta\u003C\u002Fth>\u003Cth>3,5%³\u003C\u002Fth>\u003Cth>8,9%\u003C\u002Fth>\u003Cth>88,6%\u003C\u002Fth>\u003Cth>91.483\u003C\u002Fth>\u003Cth>3.202\u003C\u002Fth>\u003Cth>30.162\u003C\u002Fth>\u003Cth>\u003Cb> ▲ \u003C\u002Fb> 6,3%\u003C\u002Fth>\u003Cth>2.019\u003C\u002Fth>\u003Cth>\u003Cb> ▲ 7,2 \u003C\u002Fb> %\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Internacional de Guarulhos\u003C\u002Fth>\u003Cth>Direta\u003C\u002Fth>\u003Cth>4,8%4\u003C\u002Fth>\u003Cth>7,4%\u003C\u002Fth>\u003Cth>98,9%\u003C\u002Fth>\u003Cth>75.211\u003C\u002Fth>\u003Cth>3.618\u003C\u002Fth>\u003Cth>18.001\u003C\u002Fth>\u003Cth>\u003Cb> ▲ 2,3 \u003C\u002Fb> %\u003C\u002Fth>\u003Cth>1.488\u003C\u002Fth>\u003Cth>▼ 3,1%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Amazonas Shopping\u003C\u002Fth>\u003Cth>Direta\u003C\u002Fth>\u003Cth>5,0%5\u003C\u002Fth>\u003Cth>6,6%\u003C\u002Fth>\u003Cth>96,3%\u003C\u002Fth>\u003Cth>37.555\u003C\u002Fth>\u003Cth>1.878\u003C\u002Fth>\u003Cth>34.916\u003C\u002Fth>\u003Cth>\u003Cb> ▲ \u003C\u002Fb> 6,2%\u003C\u002Fth>\u003Cth>2.570\u003C\u002Fth>\u003Cth>\u003Cb> ▲ \u003C\u002Fb> 6,9%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Shopping Pátio Paulista\u003C\u002Fth>\u003Cth>Via FII\u003C\u002Fth>\u003Cth>2,6%\u003C\u002Fth>\u003Cth>6,2%\u003C\u002Fth>\u003Cth>98,8%\u003C\u002Fth>\u003Cth>41.530\u003C\u002Fth>\u003Cth>1.080\u003C\u002Fth>\u003Cth>38.765\u003C\u002Fth>\u003Cth>▼ 2,5%\u003C\u002Fth>\u003Cth>4.185\u003C\u002Fth>\u003Cth>▼ 0,8%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Shopping Curitiba\u003C\u002Fth>\u003Cth>Direta\u003C\u002Fth>\u003Cth>10,7% \u003Csup> 6 \u003C\u002Fsup>\u003C\u002Fth>\u003Cth>5,8%\u003C\u002Fth>\u003Cth>98,7%\u003C\u002Fth>\u003Cth>22.370\u003C\u002Fth>\u003Cth>2.390\u003C\u002Fth>\u003Cth>22.056\u003C\u002Fth>\u003Cth>▲ 5,5%\u003C\u002Fth>\u003Cth>1.784\u003C\u002Fth>\u003Cth>\u003Cb> ▲ 7,3% \u003C\u002Fb>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>TOTAL \u002F MÉDIA PONDERADA\u003C\u002Fth>\u003Cth>-\u003C\u002Fth>\u003Cth>7,7%\u003C\u002Fth>\u003Cth>100,0%\u003C\u002Fth>\u003Cth>95,9%\u003C\u002Fth>\u003Cth>511.832\u003C\u002Fth>\u003Cth>39.378\u003C\u002Fth>\u003Cth>24.333\u003C\u002Fth>\u003Cth>▲ 4,6%\u003C\u002Fth>\u003Cth>1.852\u003C\u002Fth>\u003Cth>\u003Cb> ▲ 4,6% \u003C\u002Fb>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>¹ Participação de 18,0% até nov\u002F25 e 21,0% desde dez\u002F25 (2ª aquisição); ² Participação de 20,6% até abr\u002F26 e 39,0% desde mai\u002F26 (2ª aquisição); ³ Participação de 9,0% até set\u002F25 e 3,5% desde out\u002F25 (venda parcial); ⁴ Participação de 4,8% desde out\u002F25 (aquisição); ⁵ Participação de 5,0% desde ago\u002F26 (aquisição); ⁵ Participação de 10,7% desde jun\u002F26 (aquisição).\u003C\u002Fp>\u003Ch4>\u003Cb> CONCENTRAÇÃO POR ABL PRÓPRIA \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_10_Figure_3.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> CONCENTRAÇÃO POR NOI PRÓPRIO (LTM) \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_10_Figure_5.jpeg\">\u003C\u002Fp>\u003Ch4>DISTRIBUIÇÃO GEOGRÁFICA\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_11_Figure_2.jpeg\">\u003C\u002Fp>\u003Ch4>ONDE ESTÁ O PORTFÓLIO\u003C\u002Fh4>\u003Cp>\u003Cb> ATIVOS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 9 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>shopping centers\u003C\u002Fp>\u003Cp>\u003Cb> ESTADOS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 6 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> CIDADES \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 9 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> EM CAPITAIS \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 36,0% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>da ABL própria\u003C\u002Fp>\u003Cp>\u003Cb> ABL PRÓPRIA \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 39.332 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>de 510.514 m² de ABL total\u003C\u002Fp>\u003Cp>\u003Cb> Taxa de Ocupação \u003C\u002Fb> (ago\u002F26, % da ABL própria)\u003C\u002Fp>\u003Cp>ABL OCUPADA \u003Cb> 95,9% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cb> Vendas \u003C\u002Fb> (R$\u002Fm² · LTM set\u002F25–ago\u002F26)\u003C\u002Fp>\u003Cp>\u003Cb> R$ 24.326 \u003C\u002Fb> ▲ 4,6% em 12 meses\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cb> NOI caixa \u003C\u002Fb> (R$\u002Fm² · LTM set\u002F25–ago\u002F26)\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.839 \u003C\u002Fb> ▲ 4,6% em 12 meses\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Ch4>DESEMPENHO DO PORTFÓLIO DISTRIBUIÇÃO DO RESULTADO\u003C\u002Fh4>\u003Cp>(% NOI dos últimos 12 meses)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_12_Figure_14.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> LOCALIZAÇÃO DOS ATIVOS (1\u002F2) \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_13_Picture_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_13_Picture_3.jpeg\">\u003C\u002Fp>\u003Cp>Mapas: © Mapbox © OpenStreetMap.\u003C\u002Fp>\u003Ch4>\u003Cb> LOCALIZAÇÃO DOS ATIVOS (2\u002F2) \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_14_Figure_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_14_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>Mapas: © Mapbox © OpenStreetMap.\u003C\u002Fp>\u003Ch4>\u003Cb> INDICADORES OPERACIONAIS — CONSOLIDADO (24 MESES) \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> ago\u002F26 · Ocupação ago\u002F26: 95,9% (9 ativos) · Vendas R$ 24.326\u002Fm² · NOI caixa R$ 1.839\u002Fm² · LTM set\u002F25–ago\u002F26 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> OCUPAÇÃO (%) \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_15_Figure_4.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> VENDAS E NOI (R$\u002Fm² LTM) — PONDERADO PELA ABL PRÓPRIA \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_15_Figure_6.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> 03 FUNDO A MERCADO \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_16_Figure_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_16_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>No mês de setembro de 2026, as cotas do CPSH11 fecharam em R$ 9,81.\u003C\u002Fp>\u003Ch4>VOLUME NEGOCIADO EM BOLSA EVOLUÇÃO DO NÚMERO DE COTISTAS\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_16_Figure_6.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_16_Figure_7.jpeg\">\u003C\u002Fp>\u003Cp>O Fundo encerrou setembro com 39.675 cotistas, aumento de 2,6% em relação ao mês anterior.\u003C\u002Fp>\u003Ch4>RETORNO ACUMULADO DO FUNDO\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_17_Picture_3.jpeg\">\u003C\u002Fp>\u003Cp>Desde o seu início, em fevereiro de 2023, a cota patrimonial ajustada do Fundo \u003Cb> rendeu 60,8% \u003C\u002Fb> e a cota a mercado ajustada \u003Cb> rendeu 65,5%, versus 45,3% do CDI líquido, 39,3% do IMA-B e 33,7% do IFIX. \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_17_Figure_5.jpeg\">\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Retorno\u003Cbr>Total (%)\u003C\u002Fth>\u003Cth>Retorno\u003Cbr>Anualizado (%\u003Cbr>a.a.)\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPSH11 Mercado¹\u003C\u002Ftd>\u003Ctd>65,5\u003C\u002Ftd>\u003Ctd>14,8\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPSH11 Patrimonial²\u003C\u002Ftd>\u003Ctd>60,8\u003C\u002Ftd>\u003Ctd>13,9\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Cth>CDI Líquido³\u003C\u002Fth>\u003Cth>45,3\u003C\u002Fth>\u003Cth>10,7\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IMA-B\u003C\u002Ftd>\u003Ctd>39,3\u003C\u002Ftd>\u003Ctd>9,5\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>33,7\u003C\u002Ftd>\u003Ctd>8,3\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>¹ Cota a mercado ajustada por proventos: fechamento na B3 com cada provento descontado das cotações anteriores à data ex, sem reinvestimento.\u003C\u002Fp>\u003Cp>² Cota patrimonial ajustada por proventos: valor patrimonial do informe mensal CVM com os proventos reinvestidos, composto mês a mês.\u003C\u002Fp>\u003Cp>³ CDI líquido: CDI com IR de 15% (aplicações acima de 720 dias), composto.\u003C\u002Fp>\u003Ch3>\u003Cb> 04 INDICADORES FINANCEIROS \u003C\u002Fb>\u003C\u002Fh3>\u003Ch4>O Fundo reconheceu, no mês de setembro de 2026, resultado (base caixa) de \u003Cb> R$ 0,0804\u002Fcota. \u003C\u002Fb>\u003C\u002Fh4>\u003Ch4>RESULTADO MENSAL E ACUMULADO\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>CPSH11\u003C\u002Fth>\u003Cth>abr-26\u003C\u002Fth>\u003Cth>mai-26\u003C\u002Fth>\u003Cth>jun-26\u003C\u002Fth>\u003Cth>jul-26\u003C\u002Fth>\u003Cth>ago-26\u003C\u002Fth>\u003Cth>set-26\u003C\u002Fth>\u003Cth>Ano 2026\u003C\u002Fth>\u003Cth>12M\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RECEITAS\u003C\u002Ftd>\u003Ctd>15.263.180\u003C\u002Ftd>\u003Ctd>13.729.529\u003C\u002Ftd>\u003Ctd>17.886.080\u003C\u002Ftd>\u003Ctd>18.036.203\u003C\u002Ftd>\u003Ctd>20.968.799\u003C\u002Ftd>\u003Ctd>12.296.483\u003C\u002Ftd>\u003Ctd>140.980.370\u003C\u002Ftd>\u003Ctd>178.115.932\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receita de Locação\u003C\u002Ftd>\u003Ctd>2.810.790\u003C\u002Ftd>\u003Ctd>3.539.068\u003C\u002Ftd>\u003Ctd>4.474.674\u003C\u002Ftd>\u003Ctd>3.953.438\u003C\u002Ftd>\u003Ctd>6.319.218\u003C\u002Ftd>\u003Ctd>6.613.477\u003C\u002Ftd>\u003Ctd>38.222.709\u003C\u002Ftd>\u003Ctd>48.271.558\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Lucro\u002FPrejuízo com Venda de Imóveis\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>3.697.510\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>3.697.510\u003C\u002Ftd>\u003Ctd>16.520.414\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rendimento de FII\u003C\u002Ftd>\u003Ctd>4.504.345\u003C\u002Ftd>\u003Ctd>5.709.624\u003C\u002Ftd>\u003Ctd>5.430.254\u003C\u002Ftd>\u003Ctd>3.812.832\u003C\u002Ftd>\u003Ctd>4.286.137\u003C\u002Ftd>\u003Ctd>6.085.729\u003C\u002Ftd>\u003Ctd>38.846.057\u003C\u002Ftd>\u003Ctd>45.037.705\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Lucro\u002FPrejuízo com Venda de FII\u003C\u002Ftd>\u003Ctd>7.494.660\u003C\u002Ftd>\u003Ctd>732.801\u003C\u002Ftd>\u003Ctd>7.932.728\u003C\u002Ftd>\u003Ctd>10.212.185\u003C\u002Ftd>\u003Ctd>10.305.559\u003C\u002Ftd>\u003Ctd>(429.218)\u003C\u002Ftd>\u003Ctd>58.918.929\u003C\u002Ftd>\u003Ctd>65.424.065\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rendimento Caixa\u003C\u002Ftd>\u003Ctd>453.384\u003C\u002Ftd>\u003Ctd>50.526\u003C\u002Ftd>\u003Ctd>48.424\u003C\u002Ftd>\u003Ctd>57.748\u003C\u002Ftd>\u003Ctd>57.884\u003C\u002Ftd>\u003Ctd>26.495\u003C\u002Ftd>\u003Ctd>1.295.165\u003C\u002Ftd>\u003Ctd>2.862.191\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>DESPESAS\u003C\u002Ftd>\u003Ctd>(4.145.851)\u003C\u002Ftd>\u003Ctd>(2.026.911)\u003C\u002Ftd>\u003Ctd>(4.466.978)\u003C\u002Ftd>\u003Ctd>(2.174.643)\u003C\u002Ftd>\u003Ctd>(3.560.556)\u003C\u002Ftd>\u003Ctd>(2.394.418)\u003C\u002Ftd>\u003Ctd>(25.739.139)\u003C\u002Ftd>\u003Ctd>(32.116.802)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Administração e Gestão\u003C\u002Ftd>\u003Ctd>(902.737)\u003C\u002Ftd>\u003Ctd>(896.268)\u003C\u002Ftd>\u003Ctd>(875.372)\u003C\u002Ftd>\u003Ctd>(903.455)\u003C\u002Ftd>\u003Ctd>(929.592)\u003C\u002Ftd>\u003Ctd>(933.956)\u003C\u002Ftd>\u003Ctd>(7.644.674)\u003C\u002Ftd>\u003Ctd>(9.622.679)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR sobre aplicações financeiras\u003C\u002Ftd>\u003Ctd>(1.590.659)\u003C\u002Ftd>\u003Ctd>(442.434)\u003C\u002Ftd>\u003Ctd>(1.832.559)\u003C\u002Ftd>\u003Ctd>(2.274.993)\u003C\u002Ftd>\u003Ctd>(2.072.619)\u003C\u002Ftd>\u003Ctd>(5.908)\u003C\u002Ftd>\u003Ctd>(12.870.061)\u003C\u002Ftd>\u003Ctd>(13.938.156)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas Imobiliárias\u003C\u002Ftd>\u003Ctd>(570.955)\u003C\u002Ftd>\u003Ctd>(298.818)\u003C\u002Ftd>\u003Ctd>(258.802)\u003C\u002Ftd>\u003Ctd>(147.637)\u003C\u002Ftd>\u003Ctd>(449.479)\u003C\u002Ftd>\u003Ctd>(432.149)\u003C\u002Ftd>\u003Ctd>(5.895.135)\u003C\u002Ftd>\u003Ctd>(6.205.967)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesa de Alavancagem\u003C\u002Ftd>\u003Ctd>(856.137)\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>3.234.528\u003C\u002Ftd>\u003Ctd>2.227.933\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outras Despesas\u003C\u002Ftd>\u003Ctd>(225.362)\u003C\u002Ftd>\u003Ctd>(389.391)\u003C\u002Ftd>\u003Ctd>(1.500.245)\u003C\u002Ftd>\u003Ctd>1.151.443\u003C\u002Ftd>\u003Ctd>(108.866)\u003C\u002Ftd>\u003Ctd>(1.022.405)\u003C\u002Ftd>\u003Ctd>(2.563.797)\u003C\u002Ftd>\u003Ctd>(4.577.933)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Cth>Resultado\u003C\u002Fth>\u003Cth>11.117.329\u003C\u002Fth>\u003Cth>11.702.618\u003C\u002Fth>\u003Cth>13.419.102\u003C\u002Fth>\u003Cth>15.861.560\u003C\u002Fth>\u003Cth>17.408.243\u003C\u002Fth>\u003Cth>9.902.065\u003C\u002Fth>\u003Cth>115.241.231\u003C\u002Fth>\u003Cth>145.999.130\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Distribuição\u003C\u002Fth>\u003Cth>12.084.696\u003C\u002Fth>\u003Cth>14.767.708\u003C\u002Fth>\u003Cth>13.548.023\u003C\u002Fth>\u003Cth>13.548.023\u003C\u002Fth>\u003Cth>13.548.023\u003C\u002Fth>\u003Cth>13.548.023\u003C\u002Fth>\u003Cth>109.682.921\u003C\u002Fth>\u003Cth>139.968.852\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Resultado \u002F cota\u003C\u002Fth>\u003Cth>0,1126\u003C\u002Fth>\u003Cth>0,0950\u003C\u002Fth>\u003Cth>0,1090\u003C\u002Fth>\u003Cth>0,1288\u003C\u002Fth>\u003Cth>0,1413\u003C\u002Fth>\u003Cth>0,0804\u003C\u002Fth>\u003Cth>1,1166\u003C\u002Fth>\u003Cth>1,5025\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Distribuição \u002F cota\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>0,990\u003C\u002Ftd>\u003Ctd>1,370\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Acumulado \u002F cota\u003C\u002Ftd>\u003Ctd>0,0630\u003C\u002Ftd>\u003Ctd>0,0257\u003C\u002Ftd>\u003Ctd>0,0246\u003C\u002Ftd>\u003Ctd>0,0434\u003C\u002Ftd>\u003Ctd>0,0747\u003C\u002Ftd>\u003Ctd>0,0451\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Ano e 12M somam os meses, cada um com as cotas com direito no mês. Resultado acumulado\u002Fcota: saldo do exercício após distribuições ÷ cotas atuais.\u003C\u002Fp>\u003Ch3>\u003Cb> 05 DIVIDENDOS \u003C\u002Fb>\u003C\u002Fh3>\u003Ch4>DISTRIBUIÇÃO\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_19_Picture_2.jpeg\">\u003C\u002Fp>\u003Cp>O Fundo distribuiu, no mês de setembro, \u003Cb> R$ 0,110 por cota, \u003C\u002Fb> o equivalente a um dividend yield de \u003Cb> 14,3% a.a., \u003C\u002Fb> considerando a cota de fechamento de 30\u002F09\u002F2026.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_19_Figure_4.jpeg\">\u003C\u002Fp>\u003Ch4>GUIDANCE\u003C\u002Fh4>\u003Cp>\u003C\u002Fp>\u003Cp>out\u002F25 nov\u002F25 dez\u002F25 jan\u002F26 fev\u002F26 mar\u002F26 abr\u002F26 mai\u002F26 jun\u002F26 jul\u002F26 ago\u002F26 set\u002F26\u003C\u002Fp>\u003Cp>Dividendo Mensal Distribuído (R$\u002Fcota) Dividend Yield Anualizado (%)\u003C\u002Fp>\u003Cp>A Gestão projeta a distribuição entre \u003Cb> R$ 0,09\u002Fcota \u003C\u002Fb> e \u003Cb> R$ 0,13\u002Fcota \u003C\u002Fb> pelos próximos 12 meses.\u003C\u002Fp>\u003Cp>Banda Superior \u003Cb> DY¹: 17,1% a.a. R$ 0,130\u002Fcota \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Banda Inferior \u003Cb> DY¹: 11,6% a.a. R$ 0,090\u002Fcota \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_19_Figure_10.jpeg\">\u003C\u002Fp>\u003Cp>▴ SUMÁRIO \u003Cb> 20 \u003C\u002Fb> ¹ Dividend Yield anualizado composto, pela cota de fechamento de 30\u002F09\u002F2026.\u003C\u002Fp>\u003Ch2>\u003Cb> 06 PATRIMÔNIO LÍQUIDO E ALAVANCAGEM \u003C\u002Fb>\u003C\u002Fh2>\u003Ch4>COMPOSIÇÃO DO PATRIMÔNIO LÍQUIDO ENDIVIDAMENTO DO FUNDO\u003C\u002Fh4>\u003Cp>Em R$ mm\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_20_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_20_Figure_4.jpeg\">\u003C\u002Fp>\u003Cp>O Fundo possui, atualmente, patrimônio líquido de \u003Cb> R$ 1.406 milhões, \u003C\u002Fb> aproximadamente.\u003C\u002Fp>\u003Cp>\u003Cb> Evolução da Alavancagem do CPSH11 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>R$ milhões · saldo projetado em 31\u002F12 de cada ano\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_20_Figure_9.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_20_Picture_10.jpeg\">\u003C\u002Fp>\u003Cp>A alavancagem segue \u003Cb> estável em 7,2% do PL \u003C\u002Fb> — R$ 101,4 milhões em 30\u002F09\u002F2026, em 4 séries de CRI.\u003C\u002Fp>\u003Ch4>COMPOSIÇÃO DO ATIVO — QUEBRA POR IMÓVEL (R$ MM)\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_21_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>Ajuste = imóveis no informe mensal CVM (R$ 581,5 mm) − soma dos laudos (data-base 01\u002F01\u002F2025, 01\u002F08\u002F2025, 01\u002F12\u002F2025, 01\u002F07\u002F2026, 03\u002F07\u002F2026) na participação do Fundo (R$ 580,7 mm).\u003C\u002Fp>\u003Ch4>\u003Cb> 06 PATRIMÔNIO LÍQUIDO E ALAVANCAGEM \u003C\u002Fb>\u003C\u002Fh4>\u003Ch4>\u003Cb> DÍVIDA LÍQUIDA · LIQUIDEZ, ALAVANCAGEM E PARCELAMENTOS \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> LIQUIDEZ TOTAL \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 431,3 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>caixa D+0 + FII tático D+2\u003C\u002Fp>\u003Cp>\u003Cb> DÍVIDA BRUTA — CRI \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 101,4 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>valor de face · 4 séries · venc. 2030–2040\u003C\u002Fp>\u003Cp>\u003Cb> A RECEBER E A PAGAR \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> + R$ 183,0 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>161,1 venda + 52,4 aluguéis e outros a receber − 26,9 aquisição − 3,6 taxas e outros a pagar\u003C\u002Fp>\u003Cp>\u003Cb> CAIXA LÍQUIDO \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 512,8 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>posição credora · 3,4x a dívida bruta + a pagar\u003C\u002Fp>\u003Ch4>\u003Cb> DÍVIDA LÍQUIDA · R$ mm, valor de face \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_22_Figure_15.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> CRI · saldo em 30\u002F09\u002F26 · R$ mm \u003C\u002Fb>\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Total\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>101,4\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>25G4176421\u003C\u002Ftd>\u003Ctd>Opea 405ª\u002F2ª\u003C\u002Ftd>\u003Ctd>CDI + 2,30%\u003C\u002Ftd>\u003Ctd>08\u002F30\u003C\u002Ftd>\u003Ctd>23,1\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>25J3640354\u003C\u002Ftd>\u003Ctd>Opea 537ª\u002F1ª\u003C\u002Ftd>\u003Ctd>CDI + 1,80%\u003C\u002Ftd>\u003Ctd>10\u002F40\u003C\u002Ftd>\u003Ctd>25,9\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>25J3640384\u003C\u002Ftd>\u003Ctd>Opea 537ª\u002F2ª\u003C\u002Ftd>\u003Ctd>CDI + 2,30%\u003C\u002Ftd>\u003Ctd>10\u002F30\u003C\u002Ftd>\u003Ctd>26,0\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>25B2690608\u003C\u002Ftd>\u003Ctd>Opea 405ª\u002F1ª\u003C\u002Ftd>\u003Ctd>CDI + 1,80%\u003C\u002Ftd>\u003Ctd>02\u002F40\u003C\u002Ftd>\u003Ctd>26,4\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CETIP\u003C\u002Ftd>\u003Ctd>Série\u003C\u002Ftd>\u003Ctd>Taxa\u003C\u002Ftd>\u003Ctd>Venc.\u003C\u002Ftd>\u003Ctd>Saldo\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cb> A RECEBER — VENDA DE IMÓVEIS \u003C\u002Fb> R$ 161,1 mm · principal\u003C\u002Fp>\u003Cp>Iguatemi Fortaleza 58,4 · Praia de Belas 11,8 · Metro Tatuapé 11,0 · Metro Boulevard Tatuapé 5,4 até 10\u002F26 · Catarina Fashion Outlet 83,5 até 11\u002F27\u003C\u002Fp>\u003Cp>\u003Cb> A PAGAR — AQUISIÇÃO \u003C\u002Fb> R$ 26,9 mm\u003C\u002Fp>\u003Cp>I Fashion Outlet · até 05\u002F27\u003C\u002Fp>\u003Cp>\u003Cb> CAPITÂNIA SHOPPINGS FII \u003C\u002Fb> – CPSH11 Relatório Mensal de Setembro de 2026\u003C\u002Fp>\u003Cp>▴ SUMÁRIO \u003Cb> 23 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>▴ SUMÁRIO\u003C\u002Fp>\u003Ch4>EVOLUÇÃO DA ALAVANCAGEM\u003C\u002Fh4>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_23_Figure_4.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> 06 PATRIMÔNIO LÍQUIDO E ALAVANCAGEM \u003C\u002Fb>\u003C\u002Fh4>\u003Ch4>\u003Cb> EVOLUÇÃO PATRIMONIAL \u003C\u002Fb>\u003C\u002Fh4>\u003Ch4>\u003Cb> COMPOSIÇÃO DO PATRIMÔNIO (% DO PL) \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_24_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> PL (SET\u002F26) R$ 1.405,9 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 11,41 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> VALOR PATRIMONIAL POR COTA \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> PL × VALOR DE MERCADO (R$ MM) — 24 MESES \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_24_Figure_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> ÁGIO\u002FDESÁGIO \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_24_Figure_10.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> VALOR DE MERCADO \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.208,2 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>P\u002FVP de 0,86×\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Iguatemi Fortaleza \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> FORTALEZA, CE \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ABL TOTAL 91.483 m² PARTICIPAÇÃO 3,50% OCUPAÇÃO (AGO\u002F26) 88,6% VENDAS\u002FM² · SET\u002F25–AGO\u002F26 R$ 30.162 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>LOJAS \u003Cb> 624 \u003C\u002Fb> · VAGAS \u003Cb> 6.700 \u003C\u002Fb> · CINEMAS \u003Cb> 12 \u003C\u002Fb> · EXPANSÕES \u003Cb> 6 \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Av. Washington Soares, nº 55, Edson Queiroz\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Fortaleza –\u003Cbr>CE\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>1982\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>set\u002F2023\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>JCC\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> OBSERVAÇÕES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Participação de 9,0% até set\u002F25 e 3,5% desde out\u002F25 (venda parcial).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 2.019 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 6,5 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 6,3% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_24.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_25.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_25_Picture_26.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Iguatemi Alphaville \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> BARUERI, SP \u003C\u002Fb>\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>ABL TOTAL\u003C\u002Fth>\u003Cth>PARTICIPAÇÃO\u003C\u002Fth>\u003Cth>OCUPAÇÃO (AGO\u002F26)\u003C\u002Fth>\u003Cth>VENDAS\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>30.968 m²\u003C\u002Fth>\u003Cth>21,00%\u003C\u002Fth>\u003Cth>93,9%\u003C\u002Fth>\u003Cth>R$ 26.665\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>LOJAS \u003Cb> 187 \u003C\u002Fb> · VAGAS \u003Cb> 1.690 \u003C\u002Fb> · CINEMAS \u003Cb> 9 \u003C\u002Fb> · EXPANSÕES \u003Cb> 0 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Al. Rio Negro, 111, Alphaville\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Barueri –\u003Cbr>SP\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>2011\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>set\u002F2024\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Iguatemi\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> OBSERVAÇÕES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Participação de 18,0% até nov\u002F25 e 21,0% desde dez\u002F25 (2ª aquisição).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.976 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 12,9 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 5,1% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_24.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_25.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_26_Picture_26.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> Outlet \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> I Fashion Outlet \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> NOVO HAMBURGO, RS \u003C\u002Fb>\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>ABL TOTAL\u003C\u002Fth>\u003Cth>PARTICIPAÇÃO\u003C\u002Fth>\u003Cth>OCUPAÇÃO (AGO\u002F26)\u003C\u002Fth>\u003Cth>VENDAS\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>20.048 m²\u003C\u002Fth>\u003Cth>39,00%\u003C\u002Fth>\u003Cth>95,5%\u003C\u002Fth>\u003Cth>R$ 22.305\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>LOJAS \u003Cb> 83 \u003C\u002Fb> · VAGAS \u003Cb> 1.300 \u003C\u002Fb> · CINEMAS \u003Cb> 0 \u003C\u002Fb> · EXPANSÕES \u003Cb> 0 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Av. Coronel Marcos, 1800, Canudos\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Novo Hamburgo –\u003Cbr>RS\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>2013\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>fev\u002F2024\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Iguatemi\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> OBSERVAÇÕES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Participação de 20,6% até abr\u002F26 e 39,0% desde mai\u002F26 (2ª aquisição).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.363 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 10,7 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 3,0% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_24.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_25.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_26.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_27_Picture_27.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Internacional de Guarulhos \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> GUARULHOS, SP \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ABL TOTAL 75.211 m² PARTICIPAÇÃO 4,81% OCUPAÇÃO (AGO\u002F26) 98,9% VENDAS\u002FM² · SET\u002F25–AGO\u002F26 R$ 18.001 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>LOJAS \u003Cb> 340 \u003C\u002Fb> · VAGAS \u003Cb> 2.095 \u003C\u002Fb> · CINEMAS \u003Cb> 15 \u003C\u002Fb> · EXPANSÕES \u003Cb> 2 \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Rod. Presidente Dutra, 4186, Itapegica\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Guarulhos –\u003Cbr>SP\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>1998\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>out\u002F2025\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Gazit\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> OBSERVAÇÕES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Participação de 4,8% desde out\u002F25 (aquisição).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.488 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 5,4 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 2,3% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_24.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_25.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_28_Picture_26.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Parque Dom Pedro \u003C\u002Fb>\u003C\u002Fh4>\u003Ch5>\u003Cb> CAMPINAS, SP \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cb> ABL TOTAL 126.500 m² PARTICIPAÇÃO 5,72% OCUPAÇÃO (AGO\u002F26) 97,4% VENDAS\u002FM² · SET\u002F25–AGO\u002F26 R$ 18.563 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>LOJAS \u003Cb> 383 \u003C\u002Fb> · VAGAS \u003Cb> 8.000 \u003C\u002Fb> · CINEMAS \u003Cb> 15 \u003C\u002Fb> · EXPANSÕES \u003Cb> 6 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Av. Guilherme Campos, 500, Jardim Santa Genebra\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Campinas –\u003Cbr>SP\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>2002\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>ago\u002F2023\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Allos\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.780 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 12,9 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 2,2% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_16.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_17.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_18.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_29_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Pátio Paulista \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> SÃO PAULO, SP \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ABL TOTAL 41.530 m² PARTICIPAÇÃO 2,60% OCUPAÇÃO (AGO\u002F26) 98,8% VENDAS\u002FM² · SET\u002F25–AGO\u002F26 R$ 38.765 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>LOJAS \u003Cb> 308 \u003C\u002Fb> · VAGAS \u003Cb> 1.638 \u003C\u002Fb> · CINEMAS \u003Cb> 7 \u003C\u002Fb> · EXPANSÕES \u003Cb> 3 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>R. Treze de Maio, 1947, Bela Vista\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>São Paulo –\u003Cbr>SP\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>1989\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>jun\u002F2025\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Iguatemi\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 4.185 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 4,5 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▼ 2,5% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_16.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_17.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_18.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_30_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Midway Mall \u003C\u002Fb>\u003C\u002Fh4>\u003Ch5>\u003Cb> NATAL, RN \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cb> ABL TOTAL 66.167 m² PARTICIPAÇÃO 8,54% OCUPAÇÃO (AGO\u002F26) 97,2% VENDAS\u002FM² · SET\u002F25–AGO\u002F26 R$ 27.287 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>LOJAS \u003Cb> 289 \u003C\u002Fb> · VAGAS \u003Cb> 3.660 \u003C\u002Fb> · CINEMAS \u003Cb> 7 \u003C\u002Fb> · EXPANSÕES \u003Cb> 3 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth colspan=\"2\">Avenida Nevaldo Rocha, 3775, Tirol\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Natal –\u003Cbr>RN\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>2005\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>jan\u002F2026\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Ancar Ivanhoe\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.960 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 11,1 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 9,1% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_16.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_17.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_18.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_31_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Shopping Curitiba \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> CURITIBA, PR \u003C\u002Fb>\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>ABL TOTAL\u003C\u002Fth>\u003Cth>PARTICIPAÇÃO\u003C\u002Fth>\u003Cth>OCUPAÇÃO (AGO\u002F26)\u003C\u002Fth>\u003Cth>VENDAS\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>22.370 m²\u003C\u002Fth>\u003Cth>10,68%\u003C\u002Fth>\u003Cth>98,7%\u003C\u002Fth>\u003Cth>R$ 22.056\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>LOJAS \u003Cb> 138 \u003C\u002Fb> · VAGAS \u003Cb> 1.030 \u003C\u002Fb> · CINEMAS \u003Cb> 3 \u003C\u002Fb> · EXPANSÕES \u003Cb> — \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Rua Brigadeiro Franco, 2300, Centro\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Curitiba –\u003Cbr>PR\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>1996\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>jun\u002F2026\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Allos\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> OBSERVAÇÕES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Participação de 10,7% desde jun\u002F26 (aquisição).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1.784 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 4,3 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 5,5% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_20.jpeg\">\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_24.jpeg\">\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_32_Picture_26.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> SHOPPING CENTER \u003C\u002Fb>\u003C\u002Fp>\u003Ch4>\u003Cb> Amazonas Shopping \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cb> MANAUS, AM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ABL TOTAL 37.555 m² PARTICIPAÇÃO 5,00% OCUPAÇÃO (AGO\u002F26) 96,3% VENDAS\u002FM² · SET\u002F25–AGO\u002F26 R$ 34.916 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>LOJAS \u003Cb> 215 \u003C\u002Fb> · VAGAS \u003Cb> 1.712 \u003C\u002Fb> · CINEMAS \u003Cb> 5 \u003C\u002Fb> · EXPANSÕES \u003Cb> — \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS DO IMÓVEL \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Endereço\u003C\u002Fth>\u003Cth>Av. Djalma Batista, 482, Parque 10 de Novembro\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Cidade\u003C\u002Fth>\u003Cth>Manaus –\u003Cbr>AM\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Ano de entrega\u003C\u002Fth>\u003Cth>1991\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Entrada no portfólio\u003C\u002Fth>\u003Cth>ago\u002F2026\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Operador\u003C\u002Fth>\u003Cth>Allos\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_8.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> OBSERVAÇÕES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Participação de 5,0% desde ago\u002F26 (aquisição).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> DADOS OPERACIONAIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>NOI CAIXA\u002FM² · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 2.570 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NOI PRÓPRIO · SET\u002F25–AGO\u002F26\u003C\u002Fp>\u003Cp>\u003Cb> R$ 4,8 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VENDAS\u002FM² × 12M ANTERIORES\u003C\u002Fp>\u003Cp>\u003Cb> ▲ 6,2% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_19.jpeg\">\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_22.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_23.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_24.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_25.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_33_Picture_26.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> 08 INSTITUCIONAL \u003C\u002Fb>\u003C\u002Fh3>\u003Ch4>CAPITÂNIA\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> R$ 21,7 bilhões \u003C\u002Fb>\u003C\u002Fp>\u003Cp>sob gestão em 31\u002F08\u002F2026\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_5.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 23 anos \u003C\u002Fb> de história\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_7.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 67 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>fundos de investimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_10.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> MQ1.br \u003C\u002Fb>\u003C\u002Fp>\u003Cp>rating de qualidade emitido pela Moody's\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_13.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> +570.000 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>investidores\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_16.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 35% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Plataformas, WMs e EFPCs\u003C\u002Fp>\u003Cp>\u003Cb> 65% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>listados e cetipados\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 43 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>colaboradores\u003C\u002Fp>\u003Cp>\u003Cb> 8 anos \u003C\u002Fb>\u003C\u002Fp>\u003Cp>de casa em média\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_34_Picture_26.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 18 anos \u003C\u002Fb>\u003C\u002Fp>\u003Cp>média de tempo de atuação conjunta dos membros dos Comitês de Crédito e Imobiliário\u003C\u002Fp>\u003Ch4>EQUIPE DE GESTÃO\u003C\u002Fh4>\u003Ch4>\u003Cb> COORDENAÇÃO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Ricardo Quintero*\u003C\u002Fp>\u003Ch4>\u003Cb> GESTÃO DE CRÉDITO PRIVADO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Christopher Smith, CFA* Monik Dourado Rogério Lino, CFA Carlos Fernandes Ariel Halaban Rodrigo Zuniga Guilherme Oliveira André Fraga Bruno Bacci\u003C\u002Fp>\u003Ch4>\u003Cb> GESTÃO DE IMOBILIÁRIO \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Caio Conca* Fábio Góes Gustavo Moura, CFA Pedro Lobo, CFA Alexandre Alfer Vitor Pacheco Gabriel Martins Felipe Cateb Fernando Ferreira José Dimas Arthur Castro Fernanda Araújo Alik Nasser\u003C\u002Fp>\u003Ch4>\u003Cb> RELACIONAMENTO COM INVESTIDORES \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>Carlos Simonetti* Flavia Krauspenhar* Camila Lupino Lucieli Andrade Gustavo Castillo Cauã Santos Luis Felipe Medeiros\u003C\u002Fp>\u003Ch4>\u003Cb> RISCO & COMPLIANCE \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>César Lauro da Costa* Rafael Piccinini Rafael Souza Matheus Cavalcanti Álvaro de Oliveira João Luís Pezzuol Renato Hwang Kim Bruno Abssamra\u003C\u002Fp>\u003Ch4>\u003Cb> ADMINISTRATIVO & TECNOLOGIA \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>5 profissionais\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_35_Picture_15.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 43 \u003C\u002Fb> PROFISSIONAIS | \u003Cb> 8 ANOS \u003C\u002Fb> DE CASA EM MÉDIA TURN OVER(1) \u003Cb> REDUZIDO \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22246\u002F_page_35_Picture_17.jpeg\">\u003C\u002Fp>\u003Cp>OS MEMBROS DOS COMITÊS DE CRÉDITO E IMOBILIÁRIO TRABALHAM JUNTOS HÁ \u003Cb> 18 ANOS EM MÉDIA \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Csup> * \u003C\u002Fsup> Membros votantes dos comitês de Crédito e Imobiliário | ¹ Taxa de rotatividade de colaboradores de uma empresa\u003C\u002Fp>\u003Ch4>FUNDOS IMOBILIÁRIOS\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>TICKER (B3)\u003C\u002Fth>\u003Cth>ESTRATÉGIA E OBJETIVO\u003C\u002Fth>\u003Cth>VALOR DE MERCADO\u003Cbr>(R$)\u003C\u002Fth>\u003Cth>VALOR PATRIMONIAL\u003Cbr>(R$)\u003C\u002Fth>\u003Cth>Nº DE\u003Cbr>COTISTAS\u003C\u002Fth>\u003Cth>MAIS\u003Cbr>INFORMAÇÕES\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPTS11\u003Cbr>FII Capitânia Securities II\u003C\u002Ftd>\u003Ctd>Fundo de fundos de gestão ativa, com investimento preponderante\u003Cbr>em FIIs e, de forma complementar, em CRIs. Busca renda recorrente\u003Cbr>e ganho de capital.\u003C\u002Ftd>\u003Ctd>2.737.178.697\u003C\u002Ftd>\u003Ctd>3.037.334.444\u003C\u002Ftd>\u003Ctd>397.804\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPSH11\u003Cbr>Capitânia Shoppings FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em shopping centers e outlets consolidados.\u003C\u002Ftd>\u003Ctd>1.208.237.310\u003C\u002Ftd>\u003Ctd>1.405.890.292\u003C\u002Ftd>\u003Ctd>39.675\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>GSFI11\u003Cbr>General Shopping & Outlets do Brasil FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em shopping centers e outlets desenvolvidos\u003Cbr>pela General Shopping e Outlets do Brasil.\u003C\u002Ftd>\u003Ctd>1.124.447.992\u003C\u002Ftd>\u003Ctd>1.239.151.725\u003C\u002Ftd>\u003Ctd>6.815\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPUR11\u003Cbr>Capitânia HBC Renda Urbana FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em renda urbana, com imóveis locados a\u003Cbr>varejistas âncora em contratos de longo prazo.\u003C\u002Ftd>\u003Ctd>711.492.065\u003C\u002Ftd>\u003Ctd>670.979.418\u003C\u002Ftd>\u003Ctd>2.039\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>SHPP11\u003Cbr>Pátio Paulista FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo monoativo: Shopping Pátio Paulista (São Paulo, SP).\u003C\u002Ftd>\u003Ctd>653.152.238\u003C\u002Ftd>\u003Ctd>496.458.204\u003C\u002Ftd>\u003Ctd>135\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPOF11\u003Cbr>Capitânia Office FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em lajes corporativas de alto padrão em\u003Cbr>regiões prime.\u003C\u002Ftd>\u003Ctd>647.735.512\u003C\u002Ftd>\u003Ctd>703.109.091\u003C\u002Ftd>\u003Ctd>119\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPLG11\u003Cbr>Capitânia Logística FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em galpões logísticos e industriais,\u003Cbr>performados ou em desenvolvimento.\u003C\u002Ftd>\u003Ctd>619.913.250\u003C\u002Ftd>\u003Ctd>600.699.629\u003C\u002Ftd>\u003Ctd>5.916\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch4>FUNDOS IMOBILIÁRIOS (CONTINUAÇÃO)\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>TICKER (B3)\u003C\u002Fth>\u003Cth>ESTRATÉGIA E OBJETIVO\u003C\u002Fth>\u003Cth>VALOR DE MERCADO\u003Cbr>(R$)\u003C\u002Fth>\u003Cth>VALOR PATRIMONIAL\u003Cbr>(R$)\u003C\u002Fth>\u003Cth>Nº DE\u003Cbr>COTISTAS\u003C\u002Fth>\u003Cth>MAIS\u003Cbr>INFORMAÇÕES\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>ADSH11\u003Cbr>FII AD Shopping\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em participações em shopping centers\u003Cbr>administrados pelo Grupo AD Shoppings.\u003C\u002Ftd>\u003Ctd>473.009.611\u003C\u002Ftd>\u003Ctd>466.328.629\u003C\u002Ftd>\u003Ctd>210\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>AJFI11\u003Cbr>AJ Malls FII\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em shopping centers desenvolvidos pela\u003Cbr>empresa Almeida Junior Shopping Centers S.A.\u003C\u002Ftd>\u003Ctd>279.095.617\u003C\u002Ftd>\u003Ctd>351.061.082\u003C\u002Ftd>\u003Ctd>9.002\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>HBCR11\u003Cbr>FII HBC Renda Urbana\u003C\u002Ftd>\u003Ctd>Fundo de tijolo focado em renda urbana, com imóveis locados a\u003Cbr>varejistas âncora sob contratos de longo prazo.\u003C\u002Ftd>\u003Ctd>229.472.000\u003C\u002Ftd>\u003Ctd>210.241.014\u003C\u002Ftd>\u003Ctd>78\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>MIDW11\u003Cbr>FII Midway Mall\u003C\u002Ftd>\u003Ctd>Fundo de tijolo monoativo: Midway Mall (Natal, RN).\u003C\u002Ftd>\u003Ctd>207.900.000\u003C\u002Ftd>\u003Ctd>188.497.113\u003C\u002Ftd>\u003Ctd>101\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPHF11\u003Cbr>Capitânia Hedge Fund\u003C\u002Ftd>\u003Ctd>Fundo cetipado de mandato flexível: no mínimo 50% em CRIs e o\u003Cbr>restante em cotas de FIIs e outros ativos imobiliários.\u003C\u002Ftd>\u003Ctd>83.392.194\u003C\u002Ftd>\u003Ctd>83.392.194\u003C\u002Ftd>\u003Ctd>2.393\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>SHOP11\u003Cbr>FII Multi Shoppings\u003C\u002Ftd>\u003Ctd>Fundo de tijolo monoativo: Gravataí Shopping (Gravataí, RS).\u003C\u002Ftd>\u003Ctd>75.109.899\u003C\u002Ftd>\u003Ctd>75.109.899\u003C\u002Ftd>\u003Ctd>93\u003C\u002Ftd>\u003Ctd>Clique aqui\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch4>\u003Cb> 09 ANEXOS \u003C\u002Fb>\u003C\u002Fh4>\u003Ch4>\u003Cb> DOCUMENTOS E PUBLICAÇÕES — FUNDOSNET \u003C\u002Fb>\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>REGULAMENTO\u003C\u002Fth>\u003Cth>REL. GERENCIAL\u003C\u002Fth>\u003Cth>INFORME MENSAL\u003C\u002Fth>\u003Cth>INF. TRIMESTRAL\u003C\u002Fth>\u003Cth>FATOS RELEVANTES\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>ago\u002F26 ›\u003C\u002Ftd>\u003Ctd>set\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F26 ›\u003C\u002Ftd>\u003Ctd>ago\u002F26 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>ago\u002F26 ›\u003C\u002Ftd>\u003Ctd>set\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F26 ›\u003C\u002Ftd>\u003Ctd>ago\u002F26 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>jul\u002F26 ›\u003C\u002Ftd>\u003Ctd>ago\u002F26 ›\u003C\u002Ftd>\u003Ctd>mar\u002F26 ›\u003C\u002Ftd>\u003Ctd>jul\u002F26 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>jul\u002F26 ›\u003C\u002Ftd>\u003Ctd>ago\u002F26 ›\u003C\u002Ftd>\u003Ctd>mar\u002F26 ›\u003C\u002Ftd>\u003Ctd>jul\u002F26 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jan\u002F25 ›\u003C\u002Ftd>\u003Ctd>jun\u002F26 ›\u003C\u002Ftd>\u003Ctd>jul\u002F26 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>mai\u002F26 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jan\u002F25 ›\u003C\u002Ftd>\u003Ctd>jun\u002F26 ›\u003C\u002Ftd>\u003Ctd>jul\u002F26 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>mai\u002F26 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jul\u002F24 ›\u003C\u002Ftd>\u003Ctd>mai\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F26 ›\u003C\u002Ftd>\u003Ctd>set\u002F25 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jul\u002F24 ›\u003C\u002Ftd>\u003Ctd>mai\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F26 ›\u003C\u002Ftd>\u003Ctd>set\u002F25 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jul\u002F24 ›\u003C\u002Ftd>\u003Ctd>abr\u002F26 ›\u003C\u002Ftd>\u003Ctd>mai\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F25 ›\u003C\u002Ftd>\u003Ctd>nov\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jul\u002F24 ›\u003C\u002Ftd>\u003Ctd>abr\u002F26 ›\u003C\u002Ftd>\u003Ctd>mai\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F25 ›\u003C\u002Ftd>\u003Ctd>nov\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>nov\u002F23 ›\u003C\u002Ftd>\u003Ctd>mar\u002F26 ›\u003C\u002Ftd>\u003Ctd>abr\u002F26 ›\u003C\u002Ftd>\u003Ctd>mar\u002F25 ›\u003C\u002Ftd>\u003Ctd>out\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>nov\u002F23 ›\u003C\u002Ftd>\u003Ctd>mar\u002F26 ›\u003C\u002Ftd>\u003Ctd>abr\u002F26 ›\u003C\u002Ftd>\u003Ctd>mar\u002F25 ›\u003C\u002Ftd>\u003Ctd>out\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>set\u002F23 ›\u003C\u002Ftd>\u003Ctd>fev\u002F26 ›\u003C\u002Ftd>\u003Ctd>mar\u002F26 ›\u003C\u002Ftd>\u003Ctd>dez\u002F24 ›\u003C\u002Ftd>\u003Ctd>out\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>set\u002F23 ›\u003C\u002Ftd>\u003Ctd>fev\u002F26 ›\u003C\u002Ftd>\u003Ctd>mar\u002F26 ›\u003C\u002Ftd>\u003Ctd>dez\u002F24 ›\u003C\u002Ftd>\u003Ctd>out\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>set\u002F23 ›\u003C\u002Ftd>\u003Ctd>jan\u002F26 ›\u003C\u002Ftd>\u003Ctd>fev\u002F26 ›\u003C\u002Ftd>\u003Ctd>set\u002F24 ›\u003C\u002Ftd>\u003Ctd>jun\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>set\u002F23 ›\u003C\u002Ftd>\u003Ctd>jan\u002F26 ›\u003C\u002Ftd>\u003Ctd>fev\u002F26 ›\u003C\u002Ftd>\u003Ctd>set\u002F24 ›\u003C\u002Ftd>\u003Ctd>jun\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jun\u002F23 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>jan\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F24 ›\u003C\u002Ftd>\u003Ctd>fev\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jun\u002F23 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>jan\u002F26 ›\u003C\u002Ftd>\u003Ctd>jun\u002F24 ›\u003C\u002Ftd>\u003Ctd>fev\u002F25 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jan\u002F23 ›\u003C\u002Ftd>\u003Ctd>nov\u002F25 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>mar\u002F24 ›\u003C\u002Ftd>\u003Ctd>set\u002F24 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jan\u002F23 ›\u003C\u002Ftd>\u003Ctd>nov\u002F25 ›\u003C\u002Ftd>\u003Ctd>dez\u002F25 ›\u003C\u002Ftd>\u003Ctd>mar\u002F24 ›\u003C\u002Ftd>\u003Ctd>set\u002F24 ›\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch2>\u003Cb> 10 GLOSSÁRIO \u003C\u002Fb>\u003C\u002Fh2>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>TERMOS\u003C\u002Fth>\u003Cth>DESCRIÇÃO\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vendas\u003C\u002Ftd>\u003Ctd colspan=\"2\">Vendas totais declaradas pelos lojistas dos shoppings no período.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Aluguel Mínimo (AMM)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Aluguel mínimo (ou aluguel base) previsto no contrato do lojista.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Aluguel Percentual \u002F Complementar (A%)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Diferença, se positiva, entre o aluguel calculado sobre a porcentagem de vendas e o aluguel mínimo.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outlet\u003C\u002Ftd>\u003Ctd colspan=\"2\">Formato de shopping especializado em lojas de desconto ou ponta de estoque.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Operador\u003C\u002Ftd>\u003Ctd colspan=\"2\">Empresa especializada responsável pela administração do dia a dia do shopping.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Valor de Mercado (R$\u002FCota)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Valor da cota negociada no mercado secundário no fechamento do último dia útil do mês.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Valor Patrimonial (R$\u002FCota)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Patrimônio líquido do fundo dividido pelo número de cotas, no último dia do mês.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Patrimônio Líquido (PL)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Soma dos ativos do fundo deduzidas as obrigações, conforme informe mensal à CVM.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dividend Yield (Cota de Mercado)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Rendimento do mês dividido pela cota de fechamento do mês (DY mensal). DY anualizado composto = (1 + DY mensal)^12 − 1. DY LTM =\u003Cbr>rendimentos dos últimos 12 meses ÷\u003Cbr>cota de fechamento do mês.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>P\u002FVP\u003C\u002Ftd>\u003Ctd colspan=\"2\">Razão entre o preço da cota no mercado e seu valor patrimonial —\u003Cbr>indica ágio (>1) ou deságio (<1).\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rendimento \u002F Provento\u003C\u002Ftd>\u003Ctd colspan=\"2\">Valor distribuído por cota aos cotistas, isento de IR para pessoa física nas condições da legislação vigente.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Liquidez (Volume Médio Diário)\u003C\u002Ftd>\u003Ctd colspan=\"2\">Volume financeiro médio negociado por dia com as cotas do fundo no mês (também citado como ADTV —\u003Cbr>Average Daily Trading Volume).\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Renda Fixa\u003C\u002Ftd>\u003Ctd colspan=\"2\">Parcela do patrimônio líquido aplicada em fundos de renda fixa e títulos públicos federais.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>Certificado de Depósito Interbancário —\u003Cbr>taxa de referência da renda fixa brasileira, usada como benchmark.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd colspan=\"2\">Índice de Fundos de Investimentos Imobiliários da B3 —\u003Cbr>benchmark do setor.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd colspan=\"2\">Índice de Preços ao Consumidor Amplo, apurado pelo IBGE —\u003Cbr>principal índice de inflação e indexador de contratos.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd colspan=\"2\">Certificado de Recebíveis Imobiliários —\u003Cbr>título de dívida lastreado em fluxos imobiliários (aluguéis ou vendas).\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>NOI\u003C\u002Ftd>\u003Ctd colspan=\"2\">Receitas operacionais do imóvel (aluguéis, estacionamento e correlatas) menos despesas operacionais no nível do ativo.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>ABL\u003C\u002Ftd>\u003Ctd>Área Bruta Locável —\u003Cbr>área total (m²) de um imóvel disponível para locação.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cap Rate\u003C\u002Ftd>\u003Ctd colspan=\"2\">Taxa de capitalização —\u003Cbr>NOI anual do imóvel dividido pelo valor do imóvel (de aquisição ou de avaliação, conforme indicado no relatório).\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>ABL Própria\u003C\u002Ftd>\u003Ctd colspan=\"2\">ABL dos imóveis ponderada pela participação (%) do fundo em cada um.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ocupação \u002F Taxa de Ocupação\u003C\u002Ftd>\u003Ctd colspan=\"2\">Percentual da ABL ocupada sobre a ABL total (ou ABL própria) —\u003Cbr>complemento da vacância física (ocupação ≈ 100% − vacância).\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch4>GLOSSÁRIO (CONTINUAÇÃO)\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>TERMOS\u003C\u002Fth>\u003Cth>DESCRIÇÃO\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTM\u003C\u002Ftd>\u003Ctd>Last Twelve Months —\u003Cbr>últimos 12 meses findos no mês de referência do indicador (ex.: vendas LTM, NOI LTM).\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receita de Locação\u003C\u002Ftd>\u003Ctd>Aluguéis, recuperações, multas e receitas da exploração de áreas comuns dos imóveis.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Alavancagem\u003C\u002Ftd>\u003Ctd>Saldo devedor de operações de securitização\u002Fdívida usadas na aquisição de ativos, em geral expresso em % do PL ou do valor dos imóveis.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LTV (Loan to Value)\u003C\u002Ftd>\u003Ctd>Relação entre o valor da dívida e o valor do ativo em garantia.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Guidance\u003C\u002Ftd>\u003Ctd>Projeção divulgada pela gestão sobre distribuição ou desempenho futuro do fundo.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII Estratégicos\u003C\u002Ftd>\u003Ctd>Cotas de outros FIIs classificadas como posição estrutural da carteira —\u003Cbr>alocação de longo prazo, em geral alinhada à tese do fundo.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII Táticos\u003C\u002Ftd>\u003Ctd>Cotas de outros FIIs classificadas como posição tática —\u003Cbr>alocação oportunística ou de liquidez, distinta das posições estratégicas de longo prazo.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>\u003Cb> 11 DISCLAIMER \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>As informações contidas nesta apresentação não podem ser consideradas como única fonte de informações no processo decisório do investidor, que, antes de tomar qualquer decisão, deverá realizar uma avaliação minuciosa do produto e respectivos riscos, face aos seus objetivos pessoais e ao seu perfil de risco (\"Suitability\"). RENTABILIDADE PASSADA NÃO REPRESENTA GARANTIA DE RENTABILIDADE FUTURA. Assim, não é possível prever o desempenho futuro de um investimento a partir da variação de seu valor de mercado no passado. Os resultados que foram obtidos para elaboração do estudo foram baseados em interpretações da gestora dos documentos públicos que são disponibilizados por cada um dos Fundos analisados, assim como informações públicas disponibilizadas nos portais dos órgãos reguladores. Por ser um estudo interpretativo, não necessariamente os resultados obtidos vão condizer com os informados pelas gestoras dos respectivos Fundos. A Capitânia não assume nenhum tipo de responsabilidade por tomadas de decisão de investimento levando em consideração o seu estudo que segue linhas meramente interpretativas de informações públicas que são divulgadas pelos Fundos objeto desse estudo. As informações disponibilizadas pelos diferentes Fundos variam em sua forma e periodicidade de informação, de forma que os parâmetros para elaboração do estudo de cada Fundo objeto do estudo pode ser diferente. A Capitânia não assume qualquer tipo de responsabilidade em razão de qualquer interpretação dos dados do estudo, muito menos trata esse estudo como passível de decisão de investimento. A Capitânia não assume que os investidores vão obter lucros, nem se responsabiliza pelas perdas. FUNDOS DE INVESTIMENTO NÃO CONTAM COM GARANTIA DO ADMINISTRADOR, DO GESTOR, DE QUALQUER MECANISMO DE SEGURO OU FUNDO GARANTIDOR DE CRÉDITO – FGC. É recomendada a leitura cuidadosa do Formulário de Informações Complementares e regulamento do fundo de investimento pelo investidor ao aplicar seus recursos. 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