[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo:\u002Fdetalhes\u002FIBBP11\u002Fdocumentos\u002F21413":3,"documento:IBBP11:21413":87,"fii-documento:IBBP11":96},{"title":4,"description":5,"canonical":6,"image":7,"json_ld":8,"nome":33,"resumo":79},"Relatório Gerencial IBBP11 de setembro de 2026 | Kartac","Relatório Gerencial de setembro de 2026 do IBBP11, entrega em 13\u002F10\u002F2026. DY 12 meses de 10,53% e P\u002FVP 0,62 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FIBBP11\u002Fdocumentos\u002F21413","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\u002FIBBP11\u002Fdocumentos\u002F21413#pagina",{"@id":19},"2026-10-28",{"@id":28},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FIBBP11\u002Fdocumentos\u002F21413#documento",{"@id":30},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FIBBP11\u002Fdocumentos\u002F21413#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 IBBP11 de setembro de 2026","(IBBP) Relatório Gerencial - 30\u002F09\u002F2026",{"@id":36},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FIBBP11#fundo","Relatórios","2026-10-13","2026-09",{"@type":12,"name":41,"identifier":42},"INVISTA REAL ESTATE LTDA.",{"@type":43,"propertyID":44,"value":45},"PropertyValue","CNPJ","18.356.470\u002F0001-58",{"@type":12,"name":47},"VÓRTX DTVM LTDA","https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1348112",{"@type":50,"@id":36,"name":51,"alternateName":52,"url":55,"category":56,"identifier":57,"provider":62},"InvestmentFund","Invista Brazilian Business Park",[53,54],"IBBP11","INVISTA BRAZILIAN BUSINESS PARK FUNDO DE INVESTIMENTO IMOBILIÁRIO","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FIBBP11","Logística",[58,60],{"@type":43,"propertyID":59,"value":53},"Ticker B3",{"@type":43,"propertyID":44,"value":61},"52.551.605\u002F0001-74",{"@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 Invista Brazilian Business Park (IBBP11), fundo imobiliário de logística, referente a setembro de 2026, com entrega no FundosNet (B3) em 13\u002F10\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do IBBP11 fechou a R$ 8,26, com P\u002FVP de 0,62 (valor patrimonial de R$ 13,24 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,0841 por cota, com pagamento em out\u002F2026, e o dividend yield dos últimos 12 meses é de 10,53% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 997,8 milhões 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,"descricao":34,"assunto":89,"tipo":37,"situacao":90,"texto":91,"link_pdf":92,"estruturado":93,"link_original":48,"data_referencia":94,"data_entrega":95,"versao":69},21413,"Relatório Gerencial","(Inativo)","\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_0_Picture_0.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> September | 2026 \u003C\u002Fb>\u003C\u002Fp>\u003Ch2>\u003Cb> FUND OVERVIEW \u003C\u002Fb>\u003C\u002Fh2>\u003Cp>inVista Brazilian Business Park FII Position as of · \u003Cb> September | 2026 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>TOTAL NET ASSETS (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 997.8 \u003Csup> M \u003C\u002Fsup> \u003C\u002Fb>\u003C\u002Fp>\u003Cp>12-MONTH DIVIDEND YIELD\u003C\u002Fp>\u003Cp>\u003Cb> 11.60% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>TOTAL NUMBER OF UNITHOLDERS\u003C\u002Fp>\u003Cp>\u003Cb> 2,266 \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> SUBORDINATED CLASS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>MARKET CAP (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 612.8 \u003Csup> M \u003C\u002Fsup> \u003C\u002Fb>\u003C\u002Fp>\u003Cp>MARKET PRICE PER UNIT (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 8.13 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>DISTRIBUTION PER UNIT (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 0.0841 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NET ASSETS (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 703.2 \u003Csup> M \u003C\u002Fsup> \u003C\u002Fb>\u003C\u002Fp>\u003Cp>BOOK VALUE PER UNIT (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 9.33 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>MONTHLY DIVIDEND YIELD (ANNUALISED)¹\u003C\u002Fp>\u003Cp>\u003Cb> 12.41% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NUMBER OF UNITHOLDERS\u003C\u002Fp>\u003Cp>\u003Cb> 2,262 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>P\u002FBV\u003C\u002Fp>\u003Cp>\u003Cb> 0.87 \u003Csup> x \u003C\u002Fsup> \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NUMBER OF UNITS\u003C\u002Fp>\u003Cp>\u003Cb> 75,370,655 \u003C\u002Fb>\u003C\u002Fp>\u003Ch3>\u003Cb> SENIOR CLASS \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>NET ASSETS (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 294.5 \u003Csup> M \u003C\u002Fsup> \u003C\u002Fb>\u003C\u002Fp>\u003Cp>DISTRIBUTION PER UNIT (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 0.091 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>BOOK VALUE PER UNIT (R$)\u003C\u002Fp>\u003Cp>\u003Cb> 11.02 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>MONTHLY DIVIDEND YIELD (ANNUALISED)¹\u003C\u002Fp>\u003Cp>\u003Cb> 11.80% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NUMBER OF UNITHOLDERS\u003C\u002Fp>\u003Cp>\u003Cb> 4 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>NUMBER OF UNITS\u003C\u002Fp>\u003Cp>\u003Cb> 26,721,829 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>¹ Subordinated Class: Figures relative to the market price at month-end | Senior Class: Figures relative to the weighted average issue price per unit since inception (R$ 9.26\u002Funit).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_2_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> MARKET OVERVIEW \u003C\u002Fb>\u003C\u002Fh3>\u003Ch5>\u003Cb> LISTED REAL ESTATE FUNDS AND THE INDUSTRIAL\u002FLOGISTICS SEGMENT \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>The IFIX ended September 2026 down 0.2% month-on-month, extending the correction observed in recent months and relinquishing part of its year-to-date gains, which returned the index to levels close to those recorded in December 2025. During the month, the Central Bank's Monetary Policy Committee (Copom) reduced the Selic rate by 25 basis points to 13.75% per annum, in line with the easing path already priced into the yield curve. Notwithstanding the rate cut, market sentiment remained cautious, chiefly in view of the ongoing expansion of fiscal and credit stimulus, persistent pressure on current inflation and the proximity of the first round of the general elections, factors that sustained elevated risk premiums. Industrial and logistics funds tracked the broader index but posted a more contained decline, preserving a positive year-to-date return and reaffirming the segment's comparatively defensive profile among brick-and-mortar funds.\u003C\u002Fp>\u003Cp>The volatility observed in the listed market stands in contrast to the soundness of the segment, whose operating fundamentals remain robust. Vacancy in high-specification warehouses in Brazil has reached a historic low, demand continues to be underpinned by the expansion of e-commerce, and competition for prime assets supports lease renewals and rental adjustments. Together with long-term lease agreements, high-quality assets and a diversified tenant base, these factors provide a high degree of visibility over the segment's revenues. Units currently trade at a meaningful discount to net asset value and offer an annualised dividend yield of approximately 10.5% on book value, a combination that enhances the riskreturn profile and broadens the scope for appreciation over the medium term.\u003C\u002Fp>\u003Ch4>\u003Cb> UPDATES — SEPTEMBER 2026 \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>In September 2026, IBBP11 — inVista Brazilian Business Park FII announced distributions of R$ 0.091 per senior unit and R$ 0.0841 per subordinated unit, payable on 15 October and 16 October, respectively, to unitholders of record on 7 October. The distribution remains in line with the fund's financial plan and with its revenue and cash projections for the coming months.\u003C\u002Fp>\u003Cp>The fund closed the month with physical vacancy of 1.3% of GLA — equivalent to 98.7% occupancy — a high level for a fund with an industrial profile, underlining the quality of its assets and tenant base. Complexo Gaia, Centro Empresarial Atibaia and Extrema are fully occupied, followed by Condomínio Barão de Mauá (93.5%). Vacant space totals 3,132 sqm, concentrated in the properties acquired from XPIN11, and negotiations with prospective tenants continue to progress well, with talks at an advanced stage.\u003C\u002Fp>\u003Cp>Construction of the Jequitibá and Jacarandá buildings at Complexo Gaia continues at a good pace: physical progress reached 90.9%, ahead of the budgeted schedule, with delivery expected in November 2026. The buildings will be leased to MCassab under a 17,656 sqm contract, indexed to IPCA and maturing in October 2041.\u003C\u002Fp>\u003Cp>With net assets of R$ 997.8 million, occupancy at high levels, advanced negotiations for the remaining space and construction ahead of schedule, IBBP11 trades at 0.87x book value and is on track to eliminate its vacancy, consolidating its position as the leading industrial real estate fund on the Brazilian exchange.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_3_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> THE BRAZILIAN BUSINESS PARK \u003C\u002Fb>\u003C\u002Fh3>\u003Ch5>\u003Cb> OVERVIEW \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>BBP (Brazilian Business Park) is one of the largest industrial complexes in Latin America, and all of its parks sit in prime locations along São Paulo's main highways — Bandeirantes, Dom Pedro I, Anhanguera and Fernão Dias. The company has been developing and building industrial cities for more than 30 years, giving its tenants privileged access to power, telecommunications, environmental management, water and sewage infrastructure, among other value-added services. This structure is based on a \u003Cb> plug & play \u003C\u002Fb> format, allowing manufacturers to move in quickly and stay focused on their core operations while BBP takes care of everything else.\u003C\u002Fp>\u003Cp>To give unitholders a closer look at the infrastructure of the BBP parks, we invite you to watch the institutional video, which offers an aerial tour showing the construction quality, the high logistics standard and the quality of the areas that host major domestic and multinational operations.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_3_Picture_8.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_4_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> CURRENT POSITIONING \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>inVista Brazilian Business Park FII is a real estate investment fund whose objective is to generate income and capital gains by developing industrial and logistics warehouses built by BBP for subsequent lease and\u002For sale.\u003C\u002Fp>\u003Cp>The fund holds interests in the Barão de Mauá, Centro Empresarial Atibaia, Complexo Gaia and Extrema\u002FMG parks, all equipped with shared infrastructure that supports the operating performance of the companies installed there. The parks lie within a 500 km radius — one day of freight distribution — of the metropolitan regions that together account for approximately 60% of Brazil's GDP.\u003C\u002Fp>\u003Cp>With a total GLA of 248 thousand sqm built and 17 thousand sqm under construction (scheduled for delivery in the fourth quarter of 2026), the portfolio is leased to multinational companies of very high credit quality. The fund also holds 149 thousand sqm of development pads for future projects.\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cul>\u003Cli>98.7% physical occupancy across the properties\u003C\u002Fli>\u003Cli>95.5% of rent collected on time in September 2026\u003C\u002Fli>\u003Cli>Weighted average lease maturity of 6.7 years\u003C\u002Fli>\u003Cli>Revenue diversified across 31 tenants.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_4_Figure_12.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_5_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> PORTFOLIO COMPOSITION \u003C\u002Fb>\u003C\u002Fh3>\u003Ch4>\u003Cb> Physical Composition \u003C\u002Fb> % of GLA by property\u003C\u002Fh4>\u003Cp>\u002F>\u003C\u002Fp>\u003Ch4>\u003Cb> Tenant Countries \u003C\u002Fb> Leased GLA (sqm)\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>44.2%\u003C\u002Fth>\u003Cth>11.4%\u003C\u002Fth>\u003Cth>11.1%\u003C\u002Fth>\u003Cth>9.3%\u003C\u002Fth>\u003Cth>7.5%\u003C\u002Fth>\u003Cth>5.8%\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Brazil — 116,103 sqm (44.2%)\u003C\u002Ftd>\u003Ctd colspan=\"8\">Mexico — 15,297 sqm (5.8%)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Italy — 30,022 sqm (11.4%)\u003C\u002Ftd>\u003Ctd colspan=\"8\">China — 8,074 sqm (3.1%)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>United States — 29,173 sqm (11.1%)\u003C\u002Ftd>\u003Ctd colspan=\"7\">Taiwan — 8,030 sqm (3.1%)\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Germany — 24,329 sqm (9.3%)\u003C\u002Ftd>\u003Ctd colspan=\"7\">South Korea — 6,752 sqm (2.6%)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Canada — 19,612 sqm (7.5%)\u003C\u002Ftd>\u003Ctd colspan=\"7\">Japan — 5,581 sqm (2.1%)\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch5>\u003Cb> Tenant Industries \u003C\u002Fb> % of GLA\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_5_Figure_10.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Development Status \u003C\u002Fb> GLA (sqm)\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_5_Figure_12.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Physical Vacancy \u003C\u002Fb> % of GLA\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_5_Figure_14.jpeg\">\u003C\u002Fp>\u003Ch4>\u003Cb> Construction — Physical Progress \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_5_Figure_16.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_6_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> INCOME STATEMENT \u003C\u002Fb>\u003C\u002Fh3>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>(R$ thousand, unless stated otherwise)\u003Cbr>Sep\u002F26\u003Cbr>3 Months\u003Cbr>2026\u003Cbr>Properties — Rental income\u003Cbr>5,800.8\u003Cbr>17,184.3\u003Cbr>41,999.5\u003Cbr>Properties — Gains on sales²\u003Cbr>486.3\u003Cbr>6,516.4\u003Cbr>8,707.6\u003Cbr>REIT — Distributions received\u003Cbr>3,529.3\u003Cbr>5,879.5\u003Cbr>11,072.8\u003Cbr>Financial investments\u003Cbr>234.2\u003Cbr>329.9\u003Cbr>12,451.7\u003Cbr>Total revenues\u003Cbr>10,050.6\u003Cbr>29,910.1\u003Cbr>74,231.6\u003Cbr>Operating expenses\u003Cbr>(1,469.7)\u003Cbr>(5,487.5)\u003Cbr>(16,063.5)\u003Cbr>Net income\u003Cbr>8,580.9\u003Cbr>24,422.5\u003Cbr>58,168.0\u003Cbr>Distributions³\u003Cbr>(10,794.3)\u003Cbr>(28,400.2)\u003Cbr>(62,071.8)\u003Cbr>0.0841\u003Cbr>0.2503\u003Cbr>0.7092\u003Cbr>Subordinated (R$\u002Funit)\u003Cbr>Senior (R$\u002Funit)\u003Cbr>0.0910\u003Cbr>0.2812\u003Cbr>0.7924\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>12 Months\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>49,301.6\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>8,707.6\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>15,128.7\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>12,936.5\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>86,074.3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>(18,558.0)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>67,516.3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>(66,882.8)\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0.9459\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>1.0324\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Retained earnings reserve\u003C\u002Ftd>\u003Ctd>1,270.5\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>² The Properties — Gains on sales line includes gains realised on the disposal of units in other listed real estate funds.\u003C\u002Fp>\u003Ch5>\u003Cb> DISTRIBUTION HISTORY — SUBORDINATED⁴ \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_6_Figure_9.jpeg\">\u003C\u002Fp>\u003Cp>Distribution per Unit (R$) Dividend Yield\u003C\u002Fp>\u003Ch3>\u003Cb> DISTRIBUTION HISTORY — SENIOR⁴ \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_6_Figure_12.jpeg\">\u003C\u002Fp>\u003Cp>Distribution per Unit (R$) Dividend Yield\u003C\u002Fp>\u003Cp>³ Distribution figures also include income paid to holders of subscription receipts from the 6th Offering.\u003C\u002Fp>\u003Cp>⁴ Subordinated Class: Figures relative to the market price at month-end | Senior Class: Figures relative to the weighted average issue price per unit since inception (R$ 9.26\u002Funit).\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_7_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>GROSS-UP DIVIDEND YIELD VS. NTN-B5\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_7_Figure_5.jpeg\">\u003C\u002Fp>\u003Cp>\u003Csup> & \u003C\u002Fsup> lt;sup>5<\u002Fsup> The gross-up dividend yield assumes a 15% income tax rate.\u003C\u002Fp>\u003Ch5>\u003Cb> PERFORMANCE \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_7_Figure_8.jpeg\">\u003C\u002Fp>\u003Cp>Return on the subordinated book value per unit, adjusted for distributions, compared with the CDI and IFIX benchmarks over the same period. Past performance is no guarantee of future results.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_8_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> LEASE SCHEDULE \u003C\u002Fb>\u003C\u002Fh3>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>SBF (Centauro)\u003Cbr>Jarinu\u003Cbr>34,508\u003Cbr>Retail\u003Cbr>IGPM\u003Cbr>December-2027\u003Cbr>13.0%\u003Cbr>Sogefi\u003Cbr>Jarinu\u003Cbr>23,790\u003Cbr>Automotive\u003Cbr>IPCA\u003Cbr>August-2034\u003Cbr>8.9%\u003Cbr>Solventum\u003Cbr>Jarinu\u003Cbr>23,787\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>September-2040\u003Cbr>8.9%\u003Cbr>MCassab\u003Cbr>Jarinu\u003Cbr>17,656\u003Cbr>Food & Beverage\u003Cbr>IPCA\u003Cbr>October-2041\u003Cbr>6.6%\u003Cbr>Petfive\u003Cbr>Jarinu\u003Cbr>13,734\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>May-2040\u003Cbr>5.2%\u003Cbr>Magna\u003Cbr>Jarinu\u003Cbr>10,734\u003Cbr>Automotive\u003Cbr>IPCA\u003Cbr>February-2034\u003Cbr>4.0%\u003Cbr>Johnson Industrial\u003Cbr>Jarinu\u003Cbr>8,030\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>July-2034\u003Cbr>3.0%\u003Cbr>Natural One\u003Cbr>Jarinu\u003Cbr>7,930\u003Cbr>Food & Beverage\u003Cbr>IPCA\u003Cbr>December-2032\u003Cbr>3.0%\u003Cbr>Complexo Gaia\u003Cbr>140,168\u003Cbr>52.7%\u003Cbr>5 countries\u003Cbr>Hanon\u003Cbr>Atibaia\u003Cbr>6,752\u003Cbr>Automotive\u003Cbr>IPCA\u003Cbr>January-2030\u003Cbr>2.5%\u003Cbr>Intercos\u003Cbr>Atibaia\u003Cbr>6,232\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>December-2039\u003Cbr>2.3%\u003Cbr>Norma\u003Cbr>Atibaia\u003Cbr>5,845\u003Cbr>Industrial\u003Cbr>IGPM\u003Cbr>October-2028\u003Cbr>2.2%\u003Cbr>Litens\u003Cbr>Atibaia\u003Cbr>5,769\u003Cbr>Automotive\u003Cbr>IPCA\u003Cbr>March-2030\u003Cbr>2.2%\u003Cbr>Rema Tip Top\u003Cbr>Atibaia\u003Cbr>3,116\u003Cbr>Industrial\u003Cbr>IPCA\u003Cbr>April-2030\u003Cbr>1.2%\u003Cbr>Litens\u003Cbr>Atibaia\u003Cbr>3,109\u003Cbr>Automotive\u003Cbr>IPCA\u003Cbr>March-2030\u003Cbr>1.2%\u003Cbr>APS\u003Cbr>Atibaia\u003Cbr>2,693\u003Cbr>Aerospace\u003Cbr>IPCA\u003Cbr>April-2030\u003Cbr>1.0%\u003Cbr>Viskase\u003Cbr>Atibaia\u003Cbr>2,693\u003Cbr>Food & Beverage\u003Cbr>IPCA\u003Cbr>July-2027\u003Cbr>1.0%\u003Cbr>Dekra\u003Cbr>Atibaia\u003Cbr>2,666\u003Cbr>Automotive\u003Cbr>IPCA\u003Cbr>February-2034\u003Cbr>1.0%\u003Cbr>Ismafer\u003Cbr>Atibaia\u003Cbr>2,492\u003Cbr>Industrial\u003Cbr>IPCA\u003Cbr>October-2029\u003Cbr>0.9%\u003Cbr>Fricke\u003Cbr>Atibaia\u003Cbr>1,347\u003Cbr>Industrial\u003Cbr>IPCA\u003Cbr>April-2034\u003Cbr>0.5%\u003Cbr>Garopaba\u003Cbr>Atibaia\u003Cbr>1,170\u003Cbr>Logistics\u003Cbr>IPCA\u003Cbr>August-2027\u003Cbr>0.4%\u003Cbr>Bruker\u003Cbr>Atibaia\u003Cbr>1,040\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>February-2031\u003Cbr>0.4%\u003Cbr>G.A.W\u003Cbr>Atibaia\u003Cbr>292\u003Cbr>Logistics\u003Cbr>IPCA\u003Cbr>August-2027\u003Cbr>0.1%\u003Cbr>Vacant\u003Cbr>Atibaia\u003Cbr>3,132\u003Cbr>-\u003Cbr>-\u003Cbr>-\u003Cbr>1.2%\u003Cbr>Condomínio Barão de Mauá\u003Cbr>48,349\u003Cbr>18.2%\u003Cbr>6 countries\u003Cbr>Smart\u003Cbr>Atibaia\u003Cbr>6,400\u003Cbr>Technology\u003Cbr>IGPM\u003Cbr>June-2032\u003Cbr>2.4%\u003Cbr>SPLack\u003Cbr>Atibaia\u003Cbr>6,060\u003Cbr>Packaging\u003Cbr>IGPM\u003Cbr>June-2034\u003Cbr>2.3%\u003Cbr>Linuo\u003Cbr>Atibaia\u003Cbr>5,262\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>June-2031\u003Cbr>2.0%\u003Cbr>Smart\u003Cbr>Atibaia\u003Cbr>5,262\u003Cbr>Technology\u003Cbr>IPCA\u003Cbr>June-2032\u003Cbr>2.0%\u003Cbr>Constanta\u003Cbr>Atibaia\u003Cbr>4,530\u003Cbr>Technology\u003Cbr>IPCA\u003Cbr>March-2028\u003Cbr>1.7%\u003Cbr>Terumo\u003Cbr>Atibaia\u003Cbr>2,792\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>October-2027\u003Cbr>1.0%\u003Cbr>Centro Empresarial Atibaia\u003Cbr>30,305\u003Cbr>11.4%\u003Cbr>4 countries\u003Cbr>Acqualimp\u003Cbr>Extrema\u003Cbr>15,297\u003Cbr>Industrial\u003Cbr>IPCA\u003Cbr>January-2031\u003Cbr>5.7%\u003Cbr>Volo\u003Cbr>Extrema\u003Cbr>10,503\u003Cbr>Logistics\u003Cbr>IPCA\u003Cbr>November-2030\u003Cbr>3.9%\u003Cbr>D2\u003Cbr>Extrema\u003Cbr>8,042\u003Cbr>Logistics\u003Cbr>IPCA\u003Cbr>June-2032\u003Cbr>3.0%\u003Cbr>Ar Frio\u003Cbr>Extrema\u003Cbr>7,839\u003Cbr>Cold Storage\u003Cbr>IPCA\u003Cbr>November-2033\u003Cbr>2.9%\u003Cbr>Huawei\u003Cbr>Extrema\u003Cbr>2,812\u003Cbr>Retail\u003Cbr>IPCA\u003Cbr>January-2028\u003Cbr>1.1%\u003Cbr>Terumo\u003Cbr>Extrema\u003Cbr>2,789\u003Cbr>Healthcare\u003Cbr>IPCA\u003Cbr>May-2027\u003Cbr>1.0%\u003Cbr>Extrema\u003Cbr>47,282\u003Cbr>17.8%\u003Cbr>4 countries\u003C\u002Fth>\u003Cth>Tenant\u003C\u002Fth>\u003Cth>City\u003C\u002Fth>\u003Cth>GLA (sqm)\u003C\u002Fth>\u003Cth>Industry\u003C\u002Fth>\u003Cth>Index\u003C\u002Fth>\u003Cth>Maturity\u003C\u002Fth>\u003Cth>Country\u003C\u002Fth>\u003Cth>% of GLA\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_9_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> COMPLEXO GAIA \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>BBP - Complexo Gaia is located at km 91 of the Dom Pedro I Highway in Jarinu, São Paulo, occupying a total site of 5,114,281 sqm with 904,385 sqm of leasable area. The park offers a range of adaptable spaces to meet the specific needs of each company. The project follows the BBP standard of sustainability and innovation, integrating advanced ecological and technological solutions. Its strategic location also provides easy access to Brazil's main road, air and port distribution routes.\u003C\u002Fp>\u003Cp>\u003Cb> 140,168 sqm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>GLA built \u002F under construction\u003C\u002Fp>\u003Cp>\u003Cb> 148,937 sqm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Development pad GLA\u003C\u002Fp>\u003Cp>\u003Cb> 100% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Occupancy of completed properties\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_9_Picture_13.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_10_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> CONDOMÍNIO BARÃO DE MAUÁ \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>BBP - Condomínio Barão de Mauá is located at km 87.5 of the Dom Pedro I Highway in Atibaia, São Paulo, with easy access to major commercial and industrial hubs. The park covers a total site of 448,430 sqm, of which 122,948 sqm is leasable area, offering large and adaptable spaces for companies' operating requirements. The infrastructure is complete and flexible, allowing spaces to be tailored to each business.\u003C\u002Fp>\u003Cp>\u003Cb> 48,349 sqm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>GLA built \u002F under construction\u003C\u002Fp>\u003Cp>\u003Cb> — \u003C\u002Fb> Development pad GLA\u003C\u002Fp>\u003Cp>\u003Cb> 93.5% \u003C\u002Fb> Occupancy of completed properties\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_10_Picture_11.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_11_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> CENTRO EMPRESARIAL ATIBAIA \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>BBP - Centro Empresarial Atibaia is located at Av. Tégula, 888, in Atibaia, São Paulo, near km 87.5 of the Dom Pedro I Highway. The park occupies a total site of 91,355 sqm, of which 48,690 sqm is leasable area, and offers adaptable spaces for the specific needs of each company. The facilities are equipped with advanced technology to foster innovation and productivity.\u003C\u002Fp>\u003Cp>\u003Cb> 30,305 sqm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>GLA built \u002F under construction\u003C\u002Fp>\u003Cp>\u003Cb> — \u003C\u002Fb> Development pad GLA\u003C\u002Fp>\u003Cp>\u003Cb> 100% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Occupancy of completed properties\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_11_Picture_12.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_12_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> EXTREMA \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>BBP - Extrema is located at Estrada Municipal Antônio Agostinho Barbosa, 1300, in the Bairro dos Pires district of Extrema, Minas Gerais. The development covers a total site of 117,956 sqm, of which 47,282 sqm is dedicated to leasing. The park offers highly configurable modules that adapt to different operating requirements, supporting business expansion and improved performance.\u003C\u002Fp>\u003Cp>\u003Cb> 47,282 sqm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>GLA built \u002F under construction\u003C\u002Fp>\u003Cp>\u003Cb> — \u003C\u002Fb> Development pad GLA\u003C\u002Fp>\u003Cp>\u003Cb> 100% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Occupancy of completed properties\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_12_Picture_12.jpeg\">\u003C\u002Fp>\u003Ch3>\u003Cb> inVista Brazilian Business Park FII \u003C\u002Fb>\u003C\u002Fh3>\u003Cp>\u003Cb> MANAGEMENT REPORT · SEPTEMBER | 2026 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>This material is intended exclusively for the client and does not take into account their financial situation or individual needs. It also does not cover all the information a prospective investor should assess before making any investment decision. It was prepared by the fund management team of inVista Real Estate, drawing on public sources, internal data and other external information. This material must not be construed as securities research, promotional material, a public offering, investment advice, or a solicitation to buy or sell, nor as an investment recommendation.\u003C\u002Fp>\u003Cp>Allocation decisions are the sole responsibility of the discretionary manager of the investment vehicle. We recommend that clients consult qualified professionals before making any investment in securities. Partial or full reproduction of this material is prohibited without the express authorisation of inVista, or unless the complete source is duly cited.\u003C\u002Fp>\u003Ch5>\u003Cb> SÃO PAULO — BRAZIL \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Rua Gomes de Carvalho, 1.507 — Bloco A, Conjunto 101 +55 11 3045 3773 · WhatsApp +55 11 9 1991-1234 ri@invista.me · invista.me\u003C\u002Fp>\u003Ch4>\u003Cb> We thank our unitholders for their continued confidence. \u003C\u002Fb>\u003C\u002Fh4>\u003Cp>For more information about our funds, write to ri@invista.me or visit invista.me\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21413\u002F_page_13_Picture_8.jpeg\">\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FIBBP11\u002Fdocumentos\u002F21413\u002Fpdf",false,"2026-09-30","2026-10-13 19:45:00",{"id":97,"empresa":98,"gestor":102,"cotacoes":108,"patrimonio":210,"vpa":211,"p_vpa":212,"tipo_gestao":213,"mandato":214,"segmento":56,"categoria":215,"grupo":56,"preco_atual":208,"cotacao_atualizada_em":216,"ultima_variacao_cotacao_24h":217,"variacao_cotacao_7d":218,"variacao_cotacao_1m":219,"variacao_cotacao_3m":220,"variacao_cotacao_6m":221,"variacao_cotacao_12m":222,"vacancia_fisica":223,"liquidez_atual":224,"ultimo_dividendo":225,"ultimo_dividend_yield":226,"mes_pagamento_ultimo_dividendo":227,"dividend_yield_3m":228,"dividend_yield_6m":229,"dividend_yield_12m":230,"dividend_yield_medio_12m":231,"qtd_dividendos_pagos_ano_passado":232,"data_ultima_cotacao":206,"pregoes_com_negocio_21":233,"alertas":234,"updated_at":235,"liquidez_media_reais":236,"administrador":47,"taxa_administracao_paga":214,"balanco":237,"resultado_distribuido":245,"publico_alvo":250,"mercados_negociacao_cotas":251,"data_funcionamento":253,"data_final":214,"quantidade_cotas":254,"quantidade_cotistas":255,"detalhes_cotistas":256,"total_investido":261,"investimentos_fundo":262,"imoveis":267,"contratos":606,"custodiante":615,"auditor_independente":621,"formador_mercado":628,"distribuidor_cotas":635,"consultor_especializado":214,"administrador_locacoes":214,"relatorio_anual":636,"analise_administrador":639},396,{"nome":54,"nome_simplificado":99,"nome_comercial":51,"ticker":53,"nome_ticker":100,"nome_pregao":101,"cnpj":61},"INVISTA BRAZILIAN BUSINESS PARK ","IBBP11 - INVISTA BRAZILIAN BUSINESS PARK FUNDO DE INVESTIMENTO IMOBILIÁRIO","FII IBBP",{"id":103,"nome":41,"cnpj":104,"endereco":105,"telefone":106,"created_at":107,"updated_at":107},167,"18356470000158","Rua Gomes de Carvalho, 1.507 – Bloco A – CJ 101. São Paulo\u002FSP – Brasil, 04547-005.","(11) 3045-3773","2026-10-03T19:14:38.000000Z",[109,115,120,125,131,135,141,146,151,157,162,167,172,176,181,187,190,195,199,204],{"id":110,"data":111,"abertura":112,"ultimo":113,"volume":114},3288935,"2026-10-06",8.13,8.25,842,{"id":116,"data":117,"abertura":118,"ultimo":118,"volume":119},3289676,"2026-10-07",8.34,10039,{"id":121,"data":122,"abertura":123,"ultimo":112,"volume":124},3290411,"2026-10-08",8.3,16872,{"id":126,"data":127,"abertura":128,"ultimo":129,"volume":130},3291199,"2026-10-09",8.27,8.2,6991,{"id":132,"data":38,"abertura":129,"ultimo":133,"volume":134},3357219,8.15,5395,{"id":136,"data":137,"abertura":138,"ultimo":139,"volume":140},3375551,"2026-10-14",8.16,8.02,125467,{"id":142,"data":143,"abertura":144,"ultimo":113,"volume":145},3376088,"2026-10-15",8.1,11076,{"id":147,"data":148,"abertura":113,"ultimo":149,"volume":150},3377097,"2026-10-16",8,18610,{"id":152,"data":153,"abertura":154,"ultimo":155,"volume":156},3445292,"2026-10-19",8.08,8.05,3957,{"id":158,"data":159,"abertura":139,"ultimo":160,"volume":161},3446675,"2026-10-20",8.12,123287,{"id":163,"data":164,"abertura":160,"ultimo":165,"volume":166},3459853,"2026-10-21",8.11,2817,{"id":168,"data":169,"abertura":165,"ultimo":170,"volume":171},3473610,"2026-10-22",8.14,1539,{"id":173,"data":174,"abertura":170,"ultimo":170,"volume":175},3488085,"2026-10-23",1542,{"id":177,"data":178,"abertura":144,"ultimo":179,"volume":180},3566188,"2026-10-26",7.93,7898,{"id":182,"data":183,"abertura":184,"ultimo":185,"volume":186},3580090,"2026-10-27",7.9,7.97,1991,{"id":188,"data":26,"abertura":155,"ultimo":139,"volume":189},3593992,3420,{"id":191,"data":192,"abertura":193,"ultimo":139,"volume":194},3608984,"2026-10-29",7.85,512,{"id":196,"data":197,"abertura":193,"ultimo":165,"volume":198},3624901,"2026-10-30",391634,{"id":200,"data":201,"abertura":170,"ultimo":202,"volume":203},3682169,"2026-11-03",7.99,8570,{"id":205,"data":206,"abertura":207,"ultimo":208,"volume":209},3695731,"2026-11-04",7.84,8.26,8317,997775989.09,13.24,"0.62","Definida",null,"Tijolo","2026-11-05 09:00","0.0338","0.0299","0.0012","0.1132","0.0364","-0.0236","0.02140",169,"0.0841","0.0101","Out\u002F2026","0.0204","0.0502","0.1053","0.0088",12,21,[],"05\u002F11\u002F2026 06:00",301129.7,{"data_referencia":238,"ativo":239,"passivo":240,"obrigacoes_imoveis":241,"obrigacoes_securitizacao":242,"liquidez":243,"valores_receber":244},"2026-09-01",1478927912.54,481151923.45,3469470.8,0,19701477.46,7895701.64,{"data_referencia":246,"resultado":247,"rendimentos":248,"percentual":249},"2026-06-30",30972250.45,33789999.8175,1.0909765782776693,"Investidor Profissional",[252],"Bolsa","2024-05-28",75370655,871,{"Pessoa Física":257,"Outros fundos de investimento":258,"Fundos de investimento imobiliário":259,"Investidores não residentes":260,"Outros tipos de cotistas não relacionados":72,"Pessoa jurídica não financeira":69,"Corretora ou distribuidora":69},829,23,10,5,1451330733.44,{"Imóveis para renda":263,"Ações":264,"Terrenos":265,"Cotas de FIIs":266},577561738.02,447885835.84,270369833.1,155513326.48,{"vacancia_total":268,"lista_imoveis":269,"data_referencia":246,"vacancia_suspeita":93},0.02140247446649506,[270,279,287,295,304,314,322,334,342,350,358,365,372,379,386,393,400,408,415,422,429,436,443,450,457,464,471,479,486,493,501,508,515,522,529,536,543,550,557,564,571,578,585,592,599],{"nome":271,"vacancia":242,"numero_unidades":69,"area":272,"endereco":273,"percentual_inadimplencia":242,"percentual_receitas":274,"inquilinos":275,"ocupacao":69},"EDIF.F TO 18",2791,"Avenida Tégula, 888, Ponte Alta. Atibaia - SP. Edif. F - Topázio Unid. 18",0.049,[276],{"setor":277,"percentual_receita_imovel":242,"percentual_receita_fii":278},"Saúde",0.00049,{"nome":280,"vacancia":242,"numero_unidades":69,"area":281,"endereco":282,"percentual_inadimplencia":242,"percentual_receitas":283,"inquilinos":284,"ocupacao":69},"EDIF.A AGUIA",8030,"Avenida Tégula, 888, Ponte Alta. Atibaia - SP. Edif. A - AGUIA Unid. 01 a 03",0.014,[285],{"setor":277,"percentual_receita_imovel":242,"percentual_receita_fii":286},0.00013,{"nome":288,"vacancia":242,"numero_unidades":69,"area":289,"endereco":290,"percentual_inadimplencia":242,"percentual_receitas":291,"inquilinos":292,"ocupacao":69},"EDIF.C GEM 7",10733,"Avenida Tégula, 888, Ponte Alta. Atibaia - SP. Edif. C - Geminni Unid. 07 - A",0.012,[293],{"setor":277,"percentual_receita_imovel":242,"percentual_receita_fii":294},0.00011,{"nome":296,"vacancia":242,"numero_unidades":69,"area":297,"endereco":298,"percentual_inadimplencia":242,"percentual_receitas":299,"inquilinos":300,"ocupacao":69},"EDIF.I MO 29",736,"Avenida Tégula, 888, Ponte Alta. Atibaia - SP. Edif. I - Monet Unid. 29",0.007,[301],{"setor":302,"percentual_receita_imovel":242,"percentual_receita_fii":303},"Armazéns Gerais",0.00006,{"nome":305,"vacancia":306,"numero_unidades":69,"area":307,"endereco":308,"percentual_inadimplencia":242,"percentual_receitas":309,"inquilinos":310,"ocupacao":306},"EDIF.L CAM A",0.5,1031,"Avenida Tégula, 888, Ponte Alta. Atibaia - SP. Edif. L - Camões Unid. 40 - A",0.005,[311],{"setor":312,"percentual_receita_imovel":242,"percentual_receita_fii":313},"Metalurgia",0.00005,{"nome":315,"vacancia":242,"numero_unidades":69,"area":316,"endereco":317,"percentual_inadimplencia":242,"percentual_receitas":318,"inquilinos":319,"ocupacao":69},"EDIF.I MO 30",762,"Avenida Tégula, 888, Ponte Alta. Atibaia - SP. Edif. I - Monet Unid. 30",0.002,[320],{"setor":302,"percentual_receita_imovel":242,"percentual_receita_fii":321},0.00001,{"nome":323,"vacancia":242,"numero_unidades":69,"area":69,"endereco":324,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":325,"ocupacao":69},"28000-1_5","Extrema, estado de Minas Gerais - Unidade Autônoma nº 01 do Edifício D",[326,328,330,332],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},"Setor1",{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},"Setor2",{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},"Setor3",{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},"SetorN",{"nome":335,"vacancia":242,"numero_unidades":69,"area":69,"endereco":336,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":337,"ocupacao":69},"28000-3_5","Extrema, estado de Minas Gerais - Unidade Autônoma nº 03 do Edifício D",[338,339,340,341],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":343,"vacancia":242,"numero_unidades":69,"area":69,"endereco":344,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":345,"ocupacao":69},"28000-4_5","Extrema, estado de Minas Gerais - Unidade Autônoma nº 04do Edifício D",[346,347,348,349],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":351,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":353,"ocupacao":69},"BM-01-03","Rodovia Dom Pedro I,km 87,Ponte Alta,Atibaia-SP",[354,355,356,357],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":359,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":360,"ocupacao":69},"BM-01-04",[361,362,363,364],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":366,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":367,"ocupacao":69},"BM-01-20",[368,369,370,371],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":373,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":374,"ocupacao":69},"BM-01-26",[375,376,377,378],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":380,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":381,"ocupacao":69},"BM-01-36",[382,383,384,385],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":387,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":388,"ocupacao":69},"BM-01-37",[389,390,391,392],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":394,"vacancia":242,"numero_unidades":69,"area":242,"endereco":352,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":395,"ocupacao":69},"BM-01-38",[396,397,398,399],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":401,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":403,"ocupacao":69},"CEA-01-02","Avenida Tégula,888,Ponte Alta,Atibaia-SP",[404,405,406,407],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":409,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":410,"ocupacao":69},"CEA-01-04",[411,412,413,414],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":416,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":417,"ocupacao":69},"CEA-01-05",[418,419,420,421],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":423,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":424,"ocupacao":69},"CEA-01-06",[425,426,427,428],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":430,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":431,"ocupacao":69},"CEA-01-09",[432,433,434,435],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":437,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":438,"ocupacao":69},"CEA-01-10",[439,440,441,442],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":444,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":445,"ocupacao":69},"CEA-01-11",[446,447,448,449],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":451,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":452,"ocupacao":69},"CEA-01-12",[453,454,455,456],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":458,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":459,"ocupacao":69},"CEA-01-13",[460,461,462,463],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":465,"vacancia":242,"numero_unidades":69,"area":242,"endereco":402,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":466,"ocupacao":69},"CEA-01-14",[467,468,469,470],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":472,"vacancia":242,"numero_unidades":69,"area":242,"endereco":473,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":474,"ocupacao":69},"ED-EXTR-ACQU","Estr. Municipal Antônio Agostinho Barbosa,1300,Bairro dos Pires,Extrema-MG",[475,476,477,478],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":480,"vacancia":242,"numero_unidades":69,"area":242,"endereco":473,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":481,"ocupacao":69},"EXTR-ACQUA",[482,483,484,485],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":487,"vacancia":242,"numero_unidades":69,"area":242,"endereco":473,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":488,"ocupacao":69},"EXTREMA",[489,490,491,492],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":494,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":496,"ocupacao":69},"GAIAAR-01-28","Rodovia Dom Pedro I,km 90,Zona rural,Jarinu-SP",[497,498,499,500],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":502,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":503,"ocupacao":69},"GAIAAR-01-29",[504,505,506,507],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":509,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":510,"ocupacao":69},"GAIAAR-01-30",[511,512,513,514],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":516,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":517,"ocupacao":69},"GAIAAR-01-31",[518,519,520,521],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":523,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":524,"ocupacao":69},"TERRA-02-01",[525,526,527,528],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":530,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":531,"ocupacao":69},"TERRA-02-02",[532,533,534,535],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":537,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":538,"ocupacao":69},"TERRA-02-03",[539,540,541,542],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":544,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":545,"ocupacao":69},"TERRA-02-04",[546,547,548,549],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":551,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":552,"ocupacao":69},"TERRA-02-05",[553,554,555,556],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":558,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":559,"ocupacao":69},"TERRA-02-06",[560,561,562,563],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":565,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":566,"ocupacao":69},"TERRA-02-07",[567,568,569,570],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":572,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":573,"ocupacao":69},"TERRA-02-08",[574,575,576,577],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":579,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":580,"ocupacao":69},"TERRA-02-09",[581,582,583,584],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":586,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":587,"ocupacao":69},"TERRA-02-10",[588,589,590,591],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":593,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":594,"ocupacao":69},"TERRA-02-11",[595,596,597,598],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"nome":600,"vacancia":242,"numero_unidades":69,"area":242,"endereco":495,"percentual_inadimplencia":242,"percentual_receitas":242,"inquilinos":601,"ocupacao":69},"TERRA-02-12",[602,603,604,605],{"setor":327,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":329,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":331,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"setor":333,"percentual_receita_imovel":242,"percentual_receita_fii":242},{"data_referencia":246,"prazos":607,"indexadores":608,"receita_aluguel_trimestre":609,"valor_imoveis":610,"cap_rate":611,"receita_sobre_mercado":612,"aluguel_m2_mes":613,"area_ocupada":614},[],[],20791169.85,576163121,0.144342,0.133585,294.03,23571,{"id":149,"nome":616,"cnpj":617,"endereco":618,"telefone":619,"created_at":620,"updated_at":620},"VORTX DISTRIBUIDORA DE TÍTULOS E VALORES MOBILIÁRIOS LTDA","22610500000188","R. Gilberto Sabino, 215 - Pinheiros, São Paulo - SP, 05425-020","(11) 3030-7177","2026-10-03T18:50:46.000000Z",{"id":622,"nome":623,"cnpj":624,"endereco":625,"telefone":626,"created_at":627,"updated_at":627},22,"UHY BENDORAYTES & Cia","42170852000177","Av João Cabral de Mello Neto, 850 - Barra da Tijuca - Rio de Janeiro - RJ","(11) 3886-5100","2026-10-03T18:51:27.000000Z",{"id":629,"nome":630,"cnpj":631,"endereco":632,"telefone":633,"created_at":634,"updated_at":634},6,"XP INVESTIMENTOS CORRETORA DE CAMBIO TITULOS E VA","02332886000104","AV ATAULFO DE PAIVA, 153, SAL 201 - LEBLON, RIO DE JANEIRO - RJ - 22440-032","(11) 30272237","2026-10-03T18:47:06.000000Z",{"id":149,"nome":616,"cnpj":617,"endereco":618,"telefone":619,"created_at":620,"updated_at":620},{"ano_referencia":637,"data_disponibilizacao":638},"2025","2026-03-31",{"ResultadoFundo":640,"ConjunturaEconomica":641,"PerspectivaPeriodoSeguinte":642},"No exercício encerrado, o Fundo apresentou desempenho sólido, com recebimento integral dos aluguéis previstos e manutenção de dividend yield em patamar de dois dígitos. Destacam-se ainda a assinatura de novas locações envolvendo futuras construções nas áreas disponíveis (platôs), a aquisição de galpões já performados, bem como a renovação de contratos existentes, resultando na extensão do prazo médio de vencimento da carteira. Adicionalmente, o Fundo registrou expressivo ganho de capital decorrente da reavaliação positiva dos imóveis integrantes do seu patrimônio.","Em 2025, o mercado imobiliário operou sob um cenário macroeconômico desafiador, marcado por juros elevados, crescimento econômico fraco e crédito restritivo, o que, em tese, deveria pressionar negativamente o setor; ainda assim, o segmento logístico e industrial destoou ao apresentar desempenho robusto, sustentado por vetores estruturais como o avanço do e-commerce, a reconfiguração das cadeias de suprimento e a crescente demanda por eficiência logística. No Brasil, observou-se forte absorção de galpões, níveis de vacância próximos a mínimas históricas e elevação consistente dos preços de locação, especialmente em regiões prime, refletindo um claro desequilíbrio entre oferta e demanda. Mesmo com aumento no volume de entregas, a nova oferta foi rapidamente absorvida, evidenciando a escassez de ativos de qualidade e a limitação de terrenos bem localizados. Esse contexto consolidou um ambiente de “landlord market”, no qual proprietários ganharam poder de precificação, ao mesmo tempo em que ativos obsoletos perderam competitividade diante da crescente exigência técnica dos ocupantes.","As perspectivas para o próximo período são positivas, considerando a composição atual da carteira do Fundo. Espera-se a continuidade das renovações e reajustes contratuais, a assinatura de novas locações e a manutenção da plena adimplência dos inquilinos, que são todos de alta qualidade de crédito a nível internacional, proporcionando estabilidade e previsibilidade na geração de receitas. Com a iminente queda das taxas de juros em 2026, vislumbra-se ainda o aquecimento do mercado imobiliário do país, bem como melhores reavaliações positivas dos imóveis já na carteira."]