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DY 12 meses de 30,98% e P\u002FVP 0,31 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FMFII11\u002Fdocumentos\u002F11493","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\u002FMFII11\u002Fdocumentos\u002F11493#pagina",{"@id":19},"2026-11-02",{"@id":28},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FMFII11\u002Fdocumentos\u002F11493#documento",{"@id":30},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FMFII11\u002Fdocumentos\u002F11493#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 MFII11 de janeiro de 2026","(MFII) Relatório Gerencial - 30\u002F01\u002F2026",{"@id":36},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FMFII11#fundo","Relatórios","2026-02-13","2026-01",{"@type":12,"name":41,"identifier":42},"Mérito Investimentos S.A.",{"@type":43,"propertyID":44,"value":45},"PropertyValue","CNPJ","15.632.652\u002F0001-16",{"@type":12,"name":47},"MÉRITO DISTRIBUIDORA DE TÍTULOS E VALORES MOBILIÁRIOS LTDA.","https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1115850",{"@type":50,"@id":36,"name":51,"alternateName":52,"url":55,"category":56,"identifier":57,"provider":62},"InvestmentFund","Merito Desenvolvimento Imobiliario",[53,54],"MFII11","MERITO DESENVOLVIMENTO IMOBILIARIO FII","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FMFII11","Híbrido",[58,60],{"@type":43,"propertyID":59,"value":53},"Ticker B3",{"@type":43,"propertyID":44,"value":61},"16.915.968\u002F0001-88",{"@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 Merito Desenvolvimento Imobiliario (MFII11), fundo imobiliário híbrido, referente a janeiro de 2026, com entrega no FundosNet (B3) em 13\u002F02\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do MFII11 fechou a R$ 29,79, com P\u002FVP de 0,31 (valor patrimonial de R$ 96,77 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,30 por cota, com pagamento em nov\u002F2026, e o dividend yield dos últimos 12 meses é de 30,98% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 658 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},11493,"Relatório Gerencial","(Ativo)","\u003Ch3>MÉRITO DESENVOLVIMENTO IMOBILIÁRIO FII MFII11\u003C\u002Fh3>\u003Cp>RELATÓRIO MENSAL\u003C\u002Fp>\u003Ch3>Comentário do Gestor\u003C\u002Fh3>\u003Cp>Em janeiro, tivemos dois importantes avanços em projetos relativamente mais recentes em nossa carteira, ambos em São Paulo\u002FSP . O primeiro foi a assinatura dos primeiros contratos de financiamento do Livus Cupecê, localizado na rua \u003Cstrong>Hermano da Silva\u003C\u002Fstrong>, com a Caixa Econômica Federal pelo programa MCMV . Lançado em julho, o empreendimento possui 246 apartamentos e um VGV de mais de R$ 60 milhões . Com a assinatura dos contratos com a CEF, o Fundo já passa a receber a parcela de financiamento dos imóveis ao longo do andamento da obra .\u003C\u002Fp>\u003Cp>O segundo avanço foi do projeto Livus Oratório, na rua \u003Cstrong>Alberto Ramos\u003C\u002Fstrong>, que teve o seu Registro de Incorporação registrado em cartório. Desta forma, o empreendimento agora encontra -se tanto aprovado pela Prefeitura quanto apto para comercialização. Nos próximos meses, teremos mais um lançamento Livus com 190 unidades e mais de R$ 55 milhões de VGV.\u003C\u002Fp>\u003Cp>Os dividendos divulgados para o 1T26 totalizaram o valor de R$ 3,16 por cota , a ser pago de acordo com a tabela abaixo, conforme \u003Cstrong>comunicado ao mercado\u003C\u002Fstrong> \u003Cstrong>\u003Cu>.\u003C\u002Fu>\u003C\u002Fstrong>\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd colspan=\"2\">Rendimento\u003C\u002Ftd>\u003Ctd>Data de Referência\u003C\u002Ftd>\u003Ctd>Data de Pagamento\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"3\">3,16\u003C\u002Ftd>\u003Ctd>1,05\u003C\u002Ftd>\u003Ctd>30\u002F01\u002F2026\u003C\u002Ftd>\u003Ctd>13\u002F02\u002F2026\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>1,05\u003C\u002Ftd>\u003Ctd>27\u002F02\u002F2026\u003C\u002Ftd>\u003Ctd>13\u002F03\u002F2026\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>1,06\u003C\u002Ftd>\u003Ctd>31\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>15\u002F04\u002F2026\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Principais Destaques\u003C\u002Fh3>\u003Cp>Rendimento\u002FCota \u003Cstrong>R$ 1,05\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Patrimônio Líquido (PL) \u003Cstrong>R$ 660.593. 212 ,39\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Número de Cotistas \u003Cstrong>32.407\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Dividend Yield Mês ¹ \u003Cstrong>1,30%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Dividend Yield 12M ² \u003Cstrong>16,05%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Valor Patrimonial por Cota \u003Cstrong>R$ 97,15\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Cotas Emitidas \u003Cstrong>6.800.000\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Características Gerais\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Objetivo do Fundo:\u003C\u002Fstrong> Fundo de investimento imobiliário que tem por objetivo principal o desenvolvimento de empreendimentos imobiliários, com foco no segmento residencial, e com atuação ativa do gestor na seleção e no monitoramento desses ativos .\u003C\u002Fp>\u003Cp>\u003Cstrong>Ticker na B3:\u003C\u002Fstrong> MFII11\u003C\u002Fp>\u003Cp>\u003Cstrong>Classificação:\u003C\u002Fstrong> Desenvolvimento\u003C\u002Fp>\u003Cp>\u003Cstrong>Tipo ANBIMA:\u003C\u002Fstrong> FII Híbrido Gestão Ativa\u003C\u002Fp>\u003Cp>\u003Cstrong>Início do Fundo:\u003C\u002Fstrong> Mar-2013\u003C\u002Fp>\u003Cp>\u003Cstrong>Vencimento do Fundo:\u003C\u002Fstrong> Prazo Indeterminado\u003C\u002Fp>\u003Cp>\u003Cstrong>Gestor:\u003C\u002Fstrong> Mérito Investimentos\u003C\u002Fp>\u003Cp>\u003Cstrong>Administrador:\u003C\u002Fstrong> Mérito DTVM\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de Administração:\u003C\u002Fstrong> 2,0% a.a. sobre PL a mercado\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de Performance;\u003C\u002Fstrong> 20% sobre o que exceder o CDI\u003C\u002Fp>\u003Cp>\u003Cstrong>Público Alvo:\u003C\u002Fstrong> Investidores em Geral\u003C\u002Fp>\u003Cp>¹ Dividendo anunciado para o mês dividido pelo preço de fechamento da cota no mercado secundário ² Soma dos dividendos anunciados para os últimos 12 meses divididos pelo preço de fechamento da cota no mercado secundário\u003C\u002Fp>\u003Cp>Rentabilidade\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>fev\u002F25\u003C\u002Fth>\u003Cth>mar\u002F25\u003C\u002Fth>\u003Cth>abr\u002F25\u003C\u002Fth>\u003Cth>mai\u002F25\u003C\u002Fth>\u003Cth>jun\u002F25\u003C\u002Fth>\u003Cth>jul\u002F25\u003C\u002Fth>\u003Cth>ago\u002F25\u003C\u002Fth>\u003Cth>set\u002F25\u003C\u002Fth>\u003Cth>out\u002F25\u003C\u002Fth>\u003Cth>nov\u002F25\u003C\u002Fth>\u003Cth>dez\u002F25\u003C\u002Fth>\u003Cth>jan\u002F26\u003C\u002Fth>\u003Cth>2026\u003C\u002Fth>\u003Cth>12m\u003C\u002Fth>\u003Cth>36m\u003C\u002Fth>\u003Cth>Início\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Rendimento (R$\u002Fcota)\u003C\u002Ftd>\u003Ctd>1,11\u003C\u002Ftd>\u003Ctd>1,11\u003C\u002Ftd>\u003Ctd>1,10\u003C\u002Ftd>\u003Ctd>1,10\u003C\u002Ftd>\u003Ctd>1,11\u003C\u002Ftd>\u003Ctd>1,06\u003C\u002Ftd>\u003Ctd>1,06\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,05\u003C\u002Ftd>\u003Ctd>1,05\u003C\u002Ftd>\u003Ctd>12,98\u003C\u002Ftd>\u003Ctd>40,37\u003C\u002Ftd>\u003Ctd>163,30\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rentabilidade\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,07%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,07%\u003C\u002Ftd>\u003Ctd>1,08%\u003C\u002Ftd>\u003Ctd>1,04%\u003C\u002Ftd>\u003Ctd>1,04%\u003C\u002Ftd>\u003Ctd>1,05%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,07%\u003C\u002Ftd>\u003Ctd>1,05%\u003C\u002Ftd>\u003Ctd>1,05%\u003C\u002Ftd>\u003Ctd>13,48%\u003C\u002Ftd>\u003Ctd>47,34%\u003C\u002Ftd>\u003Ctd>398,49%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>% CDI líquido de IR 3\u003C\u002Ftd>\u003Ctd>127%\u003C\u002Ftd>\u003Ctd>131%\u003C\u002Ftd>\u003Ctd>118%\u003C\u002Ftd>\u003Ctd>110%\u003C\u002Ftd>\u003Ctd>116%\u003C\u002Ftd>\u003Ctd>96%\u003C\u002Ftd>\u003Ctd>105%\u003C\u002Ftd>\u003Ctd>101%\u003C\u002Ftd>\u003Ctd>98%\u003C\u002Ftd>\u003Ctd>119%\u003C\u002Ftd>\u003Ctd>103%\u003C\u002Ftd>\u003Ctd>106%\u003C\u002Ftd>\u003Ctd>106%\u003C\u002Ftd>\u003Ctd>110%\u003C\u002Ftd>\u003Ctd>127%\u003C\u002Ftd>\u003Ctd>160,94%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>¹ Distribuído por cota . ² A Rentabilidade é o rendimento distribuído aos cotistas dividido pelo montante integralizado no fundo menos as amortizações realizadas . ³ Para o cálculo do CDI líquido de IR foi considerada a alíquota de 15% .\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Tabela de retorno total\u003C\u002Fth>\u003Cth>jan\u002F26\u003C\u002Fth>\u003Cth>2026\u003C\u002Fth>\u003Cth>12m\u003C\u002Fth>\u003Cth>36m\u003C\u002Fth>\u003Cth>Início\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>MFII11 \u003Csup>5\u003C\u002Fsup>\u003C\u002Ftd>\u003Ctd>6,70%\u003C\u002Ftd>\u003Ctd>6,70%\u003C\u002Ftd>\u003Ctd>16,75%\u003C\u002Ftd>\u003Ctd>29,39%\u003C\u002Ftd>\u003Ctd>353,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX \u003Csup>4\u003C\u002Fsup>\u003C\u002Ftd>\u003Ctd>2,27%\u003C\u002Ftd>\u003Ctd>2,27%\u003C\u002Ftd>\u003Ctd>27,82%\u003C\u002Ftd>\u003Ctd>36,86%\u003C\u002Ftd>\u003Ctd>180,80%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CDI líquido de IR³\u003C\u002Ftd>\u003Ctd>0,99%\u003C\u002Ftd>\u003Ctd>0,99%\u003C\u002Ftd>\u003Ctd>12,19%\u003C\u002Ftd>\u003Ctd>35,75%\u003C\u002Ftd>\u003Ctd>168,17%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>³ Para o cálculo do CDI líquido de IR foi considerada a alíquota de 15%.\u003Csup>4\u003C\u002Fsup> Negociado na B3.\u003Csup>5\u003C\u002Fsup> Variação do preço a mercado + Distribuições de dividendos\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_2_chart_6.jpg\">\u003C\u002Fp>\u003Cp>¹ Cota a valor de mercado ajustada pelas distribuições de rendimentos . ² Para o CDI líquido de IR foi considerada a alíquota de 15%\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_2_chart_8.jpg\">\u003C\u002Fp>\u003Ch3>Conheça Nossas Redes Sociais\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_2.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>www.merito .inc\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>@meritoinc\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>meritoinc\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Clique\u003C\u002Fstrong> \u003Cstrong>aqui\u003C\u002Fstrong> \u003Cstrong>para falar com RI\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_3_image_12.jpg\">\u003C\u002Fp>\u003Cp>Este material tem caráter meramente informativo . Nenhuma garantia, expressa ou implícita, pode ser fornecida com relação à exatidão, completude ou segurança dos materiais, inclusive em suas referências aos valores mobiliários e demais assuntos neles contidos . Os materiais disponibilizados não devem ser considerados pelos receptores como substitutos ao exercício dos seus próprios julgamentos e não suprem a necessidade de consulta a profissionais devidamente qualificados, que deverão levar em consideração suas necessidades e objetivos específicos ao assessorá -los . Quaisquer dados, informações e\u002Fou opiniões estão sujeitas a mudanças, sem necessidade de notificação prévia aos usuários, e podem diferir ou ser contrárias a opiniões expressadas por outras pessoas, áreas ou dentro da própria Mérito, como resultado de diferentes análises, critérios e interpretação . As referências contidas neste material são fornecidas somente a título de informação . Nenhuma das informações apresentadas devem ser interpretadas como proposta, oferta ou recomendação de compra ou venda de quaisquer Produtos e\u002Fou serviços de investimento, nem como a realização de qualquer ato jurídico, independentemente da sua natureza . Rentabilidades passadas não representam garantia de performance futura. Fundos de investimentos não contam com a garantia do administrador, gestor da carteira ou, ainda, do fundo garantidor de crédito -FGC . O retorno alvo não deve ser considerado como promessa ou garantia de rentabilidade . Leia o material de divulgação e o regulamento do fundo antes de investir\u003C\u002Fp>\u003Ch3>ANEXO\u003C\u002Fh3>\u003Cp>\u003Cstrong>RELATÓRIO TRIMESTRAL 4T25\u003C\u002Fstrong>\u003C\u002Fp>\u003Ch3>MÉRITO DESENVOLVIMENTO IMOBILIÁRIO FII MFII11\u003C\u002Fh3>\u003Cp>RELATÓRIO TRIMESTRAL\u003C\u002Fp>\u003Ch3>Comentário do Gestor\u003C\u002Fh3>\u003Cp>Em 2025, o programa Minha Casa Minha Vida foi o principal propulsor por trás do desempenho sólido do mercado de imóveis residenciais no Brasil . Usando a cidade de São Paulo\u002FSP como exemplo, foram 139,7 mil unidades residenciais lançadas no ano, um aumento de 34% comparado a 2024. Destas unidades, 61% delas estavam enquadradas no MCMV . Nas vendas, a proporção foi ainda maior, com o programa representando 64% das unidades comercializadas na cidade .\u003C\u002Fp>\u003Cp>No MFII, o ano foi de continuidade na nossa estratégia de maior foco no segmento de moradia popular através da incorporadora Mérito Realty e da marca Livus . Ao todo, lançamos 4 projetos com mais de R$ 300 milhões em VGV distribuídos em 693 lotes e 797 apartamentos para comercialização . Todos os apartamentos, representando mais de R$ 200 milhões deste total, se enquadram no MCMV e pertencem a 3 projetos Livus em São Paulo\u002FSP .\u003C\u002Fp>\u003Cp>Com 2 projetos já entregues e alguns já em fase intermediária de obras, seguimos atentos ao equilíbrio entre a fase de maturidade dos projetos Livus para garantir estabilidade na geração de caixa e resultado contábil . O mesmo princípio se estende a toda nossa carteira, inclusive nossos projetos com os bons parceiros que mantivemos ao longo dos anos . Visando manter esse equilíbrio no futuro, temos hoje mais de R$ 1 bilhão de landbank em VGV não lançado . Destes terrenos, 8 foram adquiridos em 2025 mesmo, representando mais de R$ 650 milhões de VGV previsto – todo em unidades Livus financiadas pelo MCMV .\u003C\u002Fp>\u003Ch3>Principais Destaques\u003C\u002Fh3>\u003Cp>Rendimento (2025) \u003Cstrong>R$ 13,05\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Patrimônio Líquido (PL) \u003Cstrong>R$ 669.885.651,00\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Número de Cotistas \u003Cstrong>32.496\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Rentabilidade 2025 \u003Cstrong>13,53%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Valor Patrimonial por Cota \u003Cstrong>R$ 98,51\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Rentabilidade 12M \u003Cstrong>13,53%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Cotas Emitidas \u003Cstrong>6.800.000\u003C\u002Fstrong>\u003C\u002Fp>\u003Ch3>Características Gerais\u003C\u002Fh3>\u003Cp>\u003Cstrong>Objetivo do Fundo:\u003C\u002Fstrong> Fundo de investimento imobiliário que tem por objetivo principal desenvolvimento de empreendimentos imobiliários, com foco no segmento residencial, e com atuação ativa do gestor na seleção e no monitoramento desses ativos .\u003C\u002Fp>\u003Cp>\u003Cstrong>Ticker na B3:\u003C\u002Fstrong> MFII11\u003C\u002Fp>\u003Cp>\u003Cstrong>Classificação:\u003C\u002Fstrong> Desenvolvimento\u003C\u002Fp>\u003Cp>\u003Cstrong>Tipo ANBIMA:\u003C\u002Fstrong> FII Híbrido Gestão Ativa\u003C\u002Fp>\u003Cp>\u003Cstrong>Início do Fundo:\u003C\u002Fstrong> Mar-2013\u003C\u002Fp>\u003Cp>Prazo indeterminado\u003C\u002Fp>\u003Cp>\u003Cstrong>Gestor:\u003C\u002Fstrong> Mérito Investimentos\u003C\u002Fp>\u003Cp>\u003Cstrong>Administrador:\u003C\u002Fstrong> Mérito DTVM\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de Administração:\u003C\u002Fstrong> 2,0% a.a. sobre PL a mercado\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de Performance;\u003C\u002Fstrong> 20% sobre o que exceder o CDI\u003C\u002Fp>\u003Cp>\u003Cstrong>Público Alvo:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Investidores em Geral\u003C\u002Fp>\u003Ch3>Desempenho Histórico\u003C\u002Fh3>\u003Cp>O MFII superou ¹ o seu benchmark, o \u003Cstrong>CDI Líquido de IR ²\u003C\u002Fstrong>, de forma consistente desde seu início em 2013, há \u003Cstrong>mais de 10 anos\u003C\u002Fstrong>. Em alguns meses, a distribuição chegou a mais de \u003Cstrong>400% do benchmark\u003C\u002Fstrong>:\u003C\u002Fp>\u003Cp>Rendimentos MFII x CDI (meses)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_7_chart_4.jpg\">\u003C\u002Fp>\u003Cp>¹ Para o cálculo da Rentabilidade foram utilizados os valores de integralização no Fundo ao longo do tempo . ² Para o cálculo do CDI líquido de IR foi considerada a alíquota de 15% .\u003C\u002Fp>\u003Ch3>Visão do Cotista\u003C\u002Fh3>\u003Cp>Os cotistas do MFII:\u003C\u002Fp>\u003Cp>integralizaram R$ 672 milhões (R$ 100 \u002Fcota ) ¹\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_7_image_9.jpg\">\u003C\u002Fp>\u003Cp>já receberam R$ 400 milhões (R$ 163 \u002Fcota ) ¹\u003C\u002Fp>\u003Cp>¹ Considerando o valor de R$ 100\u002Fcota da primeira oferta de cotas do Fundo . ² Estudo de viabilidade completo na página 12.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_7_image_12.jpg\">\u003C\u002Fp>\u003Cp>e ainda receberão \u003Cstrong>R$ 1,72 bilhões (R$ 266 \u002Fcota ) ¹ ²\u003C\u002Fstrong>\u003C\u002Fp>\u003Ch3>Rentabilidade\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>jan\u002F25\u003C\u002Fth>\u003Cth>fev\u002F25\u003C\u002Fth>\u003Cth>mar\u002F25\u003C\u002Fth>\u003Cth>abr\u002F25\u003C\u002Fth>\u003Cth>mai\u002F25\u003C\u002Fth>\u003Cth>jun\u002F25\u003C\u002Fth>\u003Cth>jul\u002F25\u003C\u002Fth>\u003Cth>ago \u002F25\u003C\u002Fth>\u003Cth>set\u002F25\u003C\u002Fth>\u003Cth>out\u002F25\u003C\u002Fth>\u003Cth>nov\u002F25\u003C\u002Fth>\u003Cth>dez\u002F25\u003C\u002Fth>\u003Cth>2025\u003C\u002Fth>\u003Cth>12m\u003C\u002Fth>\u003Cth>3 a\u003C\u002Fth>\u003Cth>Início\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Rendimento (R$\u002Fcota) ¹\u003C\u002Ftd>\u003Ctd>1,12\u003C\u002Ftd>\u003Ctd>1,11\u003C\u002Ftd>\u003Ctd>1,11\u003C\u002Ftd>\u003Ctd>1,10\u003C\u002Ftd>\u003Ctd>1,10\u003C\u002Ftd>\u003Ctd>1,11\u003C\u002Ftd>\u003Ctd>1,06\u003C\u002Ftd>\u003Ctd>1,06\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>1,07\u003C\u002Ftd>\u003Ctd>13,05\u003C\u002Ftd>\u003Ctd>13,05\u003C\u002Ftd>\u003Ctd>40,42\u003C\u002Ftd>\u003Ctd>162,25\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rentabilidade ²\u003C\u002Ftd>\u003Ctd>1,08%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,07%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,07%\u003C\u002Ftd>\u003Ctd>1,08%\u003C\u002Ftd>\u003Ctd>1,04%\u003C\u002Ftd>\u003Ctd>1,04%\u003C\u002Ftd>\u003Ctd>1,05%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,06%\u003C\u002Ftd>\u003Ctd>1,09%\u003C\u002Ftd>\u003Ctd>13,53%\u003C\u002Ftd>\u003Ctd>13,53%\u003C\u002Ftd>\u003Ctd>47,36%\u003C\u002Ftd>\u003Ctd>393,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>% CDI líquido de IR ³\u003C\u002Ftd>\u003Ctd>126%\u003C\u002Ftd>\u003Ctd>127%\u003C\u002Ftd>\u003Ctd>131%\u003C\u002Ftd>\u003Ctd>118%\u003C\u002Ftd>\u003Ctd>110%\u003C\u002Ftd>\u003Ctd>116%\u003C\u002Ftd>\u003Ctd>96%\u003C\u002Ftd>\u003Ctd>105%\u003C\u002Ftd>\u003Ctd>101%\u003C\u002Ftd>\u003Ctd>98%\u003C\u002Ftd>\u003Ctd>119%\u003C\u002Ftd>\u003Ctd>105%\u003C\u002Ftd>\u003Ctd>112%\u003C\u002Ftd>\u003Ctd>112%\u003C\u002Ftd>\u003Ctd>127%\u003C\u002Ftd>\u003Ctd>161,50%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>¹ Distribuído por cota . ² A Rentabilidade é o rendimento distribuído aos cotistas dividido pelo montante integralizado no fundo menos as amortizações realizadas . ³ Para o cálculo do CDI líquido de IR foi considerada a alíquota de 15% .\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Tabela de retorno total\u003C\u002Fth>\u003Cth>dez\u002F25\u003C\u002Fth>\u003Cth>2025\u003C\u002Fth>\u003Cth>12m\u003C\u002Fth>\u003Cth>36m\u003C\u002Fth>\u003Cth>Início\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>MFII11 \u003Csup>5\u003C\u002Fsup>\u003C\u002Ftd>\u003Ctd>2,37%\u003C\u002Ftd>\u003Ctd>-3,87%\u003C\u002Ftd>\u003Ctd>-3,87%\u003C\u002Ftd>\u003Ctd>27,34%\u003C\u002Ftd>\u003Ctd>324,54%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX \u003Csup>4\u003C\u002Fsup>\u003C\u002Ftd>\u003Ctd>3,14%\u003C\u002Ftd>\u003Ctd>21,15%\u003C\u002Ftd>\u003Ctd>21,15%\u003C\u002Ftd>\u003Ctd>31,68%\u003C\u002Ftd>\u003Ctd>174,57%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CDI líquido de IR³\u003C\u002Ftd>\u003Ctd>1,04%\u003C\u002Ftd>\u003Ctd>12,04%\u003C\u002Ftd>\u003Ctd>12,04%\u003C\u002Ftd>\u003Ctd>35,70%\u003C\u002Ftd>\u003Ctd>165,55%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>³ Para o cálculo do CDI líquido de IR foi considerada a alíquota de 15%.\u003Csup>4\u003C\u002Fsup> Negociado na B3.\u003Csup>5\u003C\u002Fsup> Variação do preço a mercado + Distribuições de dividendos\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_8_chart_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_8_chart_7.jpg\">\u003C\u002Fp>\u003Ch2>Destaques do Trimestre\u003C\u002Fh2>\u003Cp>\u002F>\u003C\u002Fp>\u003Ch3>OUTUBRO\u003C\u002Fh3>\u003Cp>Final dos processos de diligência dos terrenos da \u003Cstrong>Rua Guarumbé\u003C\u002Fstrong> e da Rua Adélia Chohfi, ambos em São Paulo\u002FSP . Juntos, os ativos representam a entrada de 567 unidades e R$ 138 milhões de VGV previsto na carteira do Fundo .\u003C\u002Fp>\u003Ch3>NOVEMBRO\u003C\u002Fh3>\u003Cp>Lançamento da primeira fase do Livus \u003Cstrong>Jaraguá\u003C\u002Fstrong>, em São Paulo\u002FSP . Duas torres com 388 unidades e R$ 94,0 milhões de VGV . Projeto MCMV incorporado pela Mérito Realty . Quarto lançamento do MFII no ano .\u003C\u002Fp>\u003Ch3>DEZEMBRO\u003C\u002Fh3>\u003Cp>Habite -se da segunda etapa do projeto \u003Cstrong>Luar do Parque\u003C\u002Fstrong>, em Recife\u002FPE . 192 apartamentos entregues para seus compradores . Quinta obra do MFII finalizada no ano, totalizando mais de 1.000 unidades concluídas entre lotes, casas e apartamentos .\u003C\u002Fp>\u003Ch3>Dividendos Anunciados\u003C\u002Fh3>\u003Ch3>1° Trimestre 2026\u003C\u002Fh3>\u003Cp>Os dividendos divulgados para o 1T26 totalizaram o valor de R$ 3,16 por cota, a serem pagos de acordo com a tabela abaixo, conforme \u003Cstrong>comunicado ao mercado\u003C\u002Fstrong> \u003Cstrong>.\u003C\u002Fstrong>\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd colspan=\"2\">Rendimento\u003C\u002Ftd>\u003Ctd>Data de Referência\u003C\u002Ftd>\u003Ctd>Data de Pagamento\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"3\">3,16\u003C\u002Ftd>\u003Ctd>1,05\u003C\u002Ftd>\u003Ctd>30\u002F01\u002F2026\u003C\u002Ftd>\u003Ctd>13\u002F02\u002F2026\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"3\">1,05 27\u002F02\u002F2026 13\u002F03\u002F2026\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>1,06\u003C\u002Ftd>\u003Ctd>31\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>15\u002F04\u002F2026\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Carteira MFII Resumo\u003C\u002Fh3>\u003Cp>A carteira do MFII possui ativos em cinco estados brasileiros nas regiões Sudeste, Nordeste e Sul do país . Os projetos desenvolvidos pelo Fundo atualmente são todos residenciais . Os empreendimentos residenciais do fundo estão focados no mercado econômico e de média renda .\u003C\u002Fp>\u003Cp>A distribuição do capital entre projetos em fase de pré-lançamento, em obras e concluídos faz parte da estratégia elaborada de forma a equilibrar as entradas e saídas de caixa do Fundo ao longo do tempo .\u003C\u002Fp>\u003Cp>✓ 2 empresas e 16 empreendimentos desinvestidos\u003C\u002Fp>\u003Cp>✓ Mais de 6 milhões de m² executados\u003C\u002Fp>\u003Cp>✓ Mais de 1 milhão de m² serão entregues em diferentes estados do Brasil\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_10_image_7.jpg\">\u003C\u002Fp>\u003Cp>✓ 33 ativos formam a carteira atual do fundo\u003C\u002Fp>\u003Cp>✓ 7 concluídos\u003C\u002Fp>\u003Cp>✓ 14 em obras\u003C\u002Fp>\u003Cp>✓ 11 em pré -lançamento\u003C\u002Fp>\u003Cp>✓ SPE Consórcio Cortel SP\u003C\u002Fp>\u003Cp>Categoria de Empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_10_chart_14.jpg\">\u003C\u002Fp>\u003Cp>Fase do Empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_10_chart_16.jpg\">\u003C\u002Fp>\u003Cp>Padrão do Empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_10_chart_18.jpg\">\u003C\u002Fp>\u003Ch3>Landbank\u003C\u002Fh3>\u003Cp>No Landbank, consideramos os terrenos que foram adquiridos pelo Fundo . Para aquisição de um terreno, é realizado um estudo de viabilidade que leva em consideração as características do terreno, o produto que melhor se encaixa na região e os preços praticados na área .\u003C\u002Fp>\u003Ch3>R$ 1,091 bilhão de VGV Não Lançado\u003C\u002Fh3>\u003Ch3>4.411 unidades previstas\u003C\u002Fh3>\u003Cp>205.549 $\\mathrm { m ^ { 2 } }$ de área vendável\u003C\u002Fp>\u003Cp>VGV Por Região\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_11_chart_7.jpg\">\u003C\u002Fp>\u003Cp>VGV Por Tipo de Empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_11_chart_9.jpg\">\u003C\u002Fp>\u003Cp>VGV Por Padrão de Empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_11_chart_11.jpg\">\u003C\u002Fp>\u003Ch3>Evolução do Landbank (R$ mil)\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_11_chart_13.jpg\">\u003C\u002Fp>\u003Ch3>Carteira de Recebíveis\u003C\u002Fh3>\u003Cp>A Carteira de Recebíveis é a soma de todos os valores a receber referentes às vendas dos empreendimentos investidos pelo Fundo, ponderados pelo percentual de participação do Fundo nas sociedades dos respectivos projetos .\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 306,2 milhões ¹\u003C\u002Fstrong> a receber de contratos de venda ativos\u003C\u002Fp>\u003Cp>Tipo de empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_12_chart_5.jpg\">\u003C\u002Fp>\u003Cp>Incorporação Res. R$ 182,9 mi R$ 123,3 mi Urbanização\u003C\u002Fp>\u003Cp>Fase do projeto\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_12_chart_8.jpg\">\u003C\u002Fp>\u003Cp>Modalidade de financiamento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_12_chart_10.jpg\">\u003C\u002Fp>\u003Ch3>Estoque\u003C\u002Fh3>\u003Cp>O Estoque é a soma do valor de tabela das unidades a serem vendidas de todos os empreendimentos do Fundo, ponderados pelo percentual de participação do Fundo nas sociedades dos respectivos projetos .\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 907,1 milhões ¹\u003C\u002Fstrong> em unidades em estoque (a mercado)\u003C\u002Fp>\u003Cp>Incorporação Res. R$ 668,8 mi\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_12_chart_15.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_12_chart_16.jpg\">\u003C\u002Fp>\u003Cp>Modalidade de financiamento\u003C\u002Fp>\u003Cp>¹ Valores ponderados pelo percentual de participação do Fundo nas sociedades de seus respectivos projetos. Valores gerenciais não auditados.\u003C\u002Fp>\u003Ch3>Obras em Andamento\u003C\u002Fh3>\u003Cp>O valor total de Obras em Andamento é a soma dos custos de construção de todos os empreendimentos que se encontram em obras, ponderados pelo percentual de participação do Fundo nas sociedades dos respectivos projetos .\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 602,1 milhões ¹\u003C\u002Fstrong> de custo de obras em andamento\u003C\u002Fp>\u003Cp>\u003Cstrong>28%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_13_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>72%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Custo incorrido \u003Cstrong>R$ 171,4 mi\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Custo a incorrer R$ 430,7 mi\u003C\u002Fp>\u003Cp>Tipo de Empreendimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_13_chart_10.jpg\">\u003C\u002Fp>\u003Cp>Modalidade de Financiamento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_13_chart_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Empreendimentos em obras por região\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Sul Reserva da Ilha - PR\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Sudeste Golden Boituva - SP Jardins de Tarsila – SP Avenida Corifeu – SP Jabaquara – SP Adélia Chohfi – SP Paes de Barros – SP Vila Sônia – SP Damha Fit II – MG Hermano da Silva – SP Jaraguá – SP\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Nordeste Luar do Parque – PE Luar das Oliveiras – PE Luar do Norte – PE\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>¹ Valores ponderados pelo percentual de participação do Fundo nas sociedades de seus respectivos projetos. Valores gerenciais não auditados.\u003C\u002Fp>\u003Ch3>Modalidades de Financiamento\u003C\u002Fh3>\u003Cp>Visando trazer mais informação em relação aos empreendimentos do fundo, trouxemos uma explicação sobre as modalidades de financiamento imobiliário contratadas pelos mutuários dos empreendimentos na carteira do Fundo . Em casos de ativos de urbanização, o financiamento ocorre direto com a loteadora . Já para incorporações residenciais, pode ser feito através do programa Minha Casa Minha Vida, pelo Financiamento SBPE ou até mesmo pela própria incorporadora, conforme explicações abaixo :\u003C\u002Fp>\u003Cp>Carteira de Recebíveis MFII – por modalidade de financiamento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_14_chart_4.jpg\">\u003C\u002Fp>\u003Ch3>Minha Casa Minha Vida (MCMV)\u003C\u002Fh3>\u003Cp>O Minha Casa Minha Vida (MCMV) é um programa de financiamento habitacional do Governo Federal que tem como objetivo facilitar o acesso à moradia por meio de taxas de juros mais baixas e subsídios aos compradores .\u003C\u002Fp>\u003Cp>No mês de abril de 2025, o Conselho Curador do FGTS aprovou importantes mudanças no programa . Entre elas, a principal foi a criação de uma nova faixa de renda para o programa (Faixa 4), com um aumento significativo no teto do valor dos imóveis elegíveis para financiamento pelo programa . Além disso, houve um aumento nos limites de renda das outras faixas . A medida foi comemorada no setor imobiliário como uma forma de viabilizar novos projetos que atendam ao público que se enquadra no programa .\u003C\u002Fp>\u003Cp>Dessa forma, o programa apresenta uma divisão em quatro grupos de renda, sendo eles : grupo 1, renda até 2,85 mil reais ; grupo 2, de 2,85 mil a 4,7 mil reais ; grupo 3, de 4,7 mil a 8,6 mil reais ; grupo 4, de 8,6 mil a 12 mil reais . As taxas de juros atualmente podem variar de 4% a 10% a.a., de acordo a faixa de renda da família e da localização do projeto . O funding para o programa origina -se do FGTS, e o valor máximo do imóvel para financiamento é de R$ 500 mil.\u003C\u002Fp>\u003Cp>O MFII possui \u003Cstrong>25\u003C\u002Fstrong> empreendimentos enquadrados nos grupos 2, 3 e 4.\u003C\u002Fp>\u003Ch3>SBPE (Sistema Brasileiro de Poupança e Empréstimo)\u003C\u002Fh3>\u003Cp>O Sistema Brasileiro de Poupança e Empréstimo (SBPE) é uma linha de financiamento oferecida pelos bancos, com recursos provenientes da poupança . As solicitações de financiamento podem ser feitas em qualquer banco e as condições oferecidas variam de acordo com o rating de crédito do mutuário .\u003C\u002Fp>\u003Cp>Após a criação da faixa 4 do programa MCMV, o MFII não possui mais empreendimentos nessa modalidade .\u003C\u002Fp>\u003Ch3>Financiamento direto com a incorporadora\u002Floteadora\u003C\u002Fh3>\u003Cp>Nessa modalidade, as vendas são feitas a prazo direto com a incorporadora\u002Floteadora . No momento, contamos com 7 empreendimentos lançados nessa categoria .\u003C\u002Fp>\u003Cp>Conheça mais sobre os nossos empreendimentos a partir da página 13.\u003C\u002Fp>\u003Ch2>Fluxos Realizados e Estimados (R$ milhões)\u003C\u002Fh2>\u003Cp>As tabelas abaixo mostram os fluxos dos ativos imobiliários consolidados (realizados e estimados) .\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Fluxo Ativos\u003C\u002Fth>\u003Cth><2026\u003C\u002Fth>\u003Cth>2026\u003C\u002Fth>\u003Cth>2027\u003C\u002Fth>\u003Cth>2028\u003C\u002Fth>\u003Cth>2029\u003C\u002Fth>\u003Cth>2030\u003C\u002Fth>\u003Cth>2031\u003C\u002Fth>\u003Cth>2032\u003C\u002Fth>\u003Cth>2033\u003C\u002Fth>\u003Cth>2034\u003C\u002Fth>\u003Cth>2035\u003C\u002Fth>\u003Cth>TOTAL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Desinvestido\u003C\u002Ftd>\u003Ctd>87,91\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>87,908\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Campo Verde\u003C\u002Ftd>\u003Ctd>8,01\u003C\u002Ftd>\u003Ctd>1,74\u003C\u002Ftd>\u003Ctd>1,57\u003C\u002Ftd>\u003Ctd>0,76\u003C\u002Ftd>\u003Ctd>0,59\u003C\u002Ftd>\u003Ctd>0,44\u003C\u002Ftd>\u003Ctd>0,39\u003C\u002Ftd>\u003Ctd>0,38\u003C\u002Ftd>\u003Ctd>0,37\u003C\u002Ftd>\u003Ctd>0,36\u003C\u002Ftd>\u003Ctd>1,33\u003C\u002Ftd>\u003Ctd>15,937\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Terras da Estância\u003C\u002Ftd>\u003Ctd>24,00\u003C\u002Ftd>\u003Ctd>5,30\u003C\u002Ftd>\u003Ctd>5,00\u003C\u002Ftd>\u003Ctd>6,72\u003C\u002Ftd>\u003Ctd>6,98\u003C\u002Ftd>\u003Ctd>7,12\u003C\u002Ftd>\u003Ctd>4,05\u003C\u002Ftd>\u003Ctd>3,73\u003C\u002Ftd>\u003Ctd>3,62\u003C\u002Ftd>\u003Ctd>3,14\u003C\u002Ftd>\u003Ctd>5,87\u003C\u002Ftd>\u003Ctd>75,518\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dona Amélia\u003C\u002Ftd>\u003Ctd>-6,54\u003C\u002Ftd>\u003Ctd>-0,16\u003C\u002Ftd>\u003Ctd>-0,35\u003C\u002Ftd>\u003Ctd>6,71\u003C\u002Ftd>\u003Ctd>-0,39\u003C\u002Ftd>\u003Ctd>7,12\u003C\u002Ftd>\u003Ctd>6,19\u003C\u002Ftd>\u003Ctd>6,42\u003C\u002Ftd>\u003Ctd>4,73\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>23,736\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Golden Boituva\u003C\u002Ftd>\u003Ctd>-10,82\u003C\u002Ftd>\u003Ctd>15,99\u003C\u002Ftd>\u003Ctd>12,94\u003C\u002Ftd>\u003Ctd>0,01\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>18,116\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Jardins de Tarsila\u003C\u002Ftd>\u003Ctd>-13,09\u003C\u002Ftd>\u003Ctd>0,39\u003C\u002Ftd>\u003Ctd>4,63\u003C\u002Ftd>\u003Ctd>1,50\u003C\u002Ftd>\u003Ctd>11,38\u003C\u002Ftd>\u003Ctd>20,13\u003C\u002Ftd>\u003Ctd>4,81\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>29,754\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Descampado\u003C\u002Ftd>\u003Ctd>-8,75\u003C\u002Ftd>\u003Ctd>-0,19\u003C\u002Ftd>\u003Ctd>3,80\u003C\u002Ftd>\u003Ctd>6,89\u003C\u002Ftd>\u003Ctd>9,57\u003C\u002Ftd>\u003Ctd>8,23\u003C\u002Ftd>\u003Ctd>6,39\u003C\u002Ftd>\u003Ctd>4,76\u003C\u002Ftd>\u003Ctd>-4,45\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>26,253\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Damha Fit Uberaba\u003C\u002Ftd>\u003Ctd>-13,27\u003C\u002Ftd>\u003Ctd>3,31\u003C\u002Ftd>\u003Ctd>-3,78\u003C\u002Ftd>\u003Ctd>20,48\u003C\u002Ftd>\u003Ctd>22,11\u003C\u002Ftd>\u003Ctd>18,02\u003C\u002Ftd>\u003Ctd>13,09\u003C\u002Ftd>\u003Ctd>11,63\u003C\u002Ftd>\u003Ctd>12,29\u003C\u002Ftd>\u003Ctd>12,97\u003C\u002Ftd>\u003Ctd>82,44\u003C\u002Ftd>\u003Ctd>179,285\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Lauro de Freitas\u003C\u002Ftd>\u003Ctd>-2,67\u003C\u002Ftd>\u003Ctd>8,63\u003C\u002Ftd>\u003Ctd>7,73\u003C\u002Ftd>\u003Ctd>0,14\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>13,837\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Luar de Rio Largo\u003C\u002Ftd>\u003Ctd>-2,98\u003C\u002Ftd>\u003Ctd>2,53\u003C\u002Ftd>\u003Ctd>2,47\u003C\u002Ftd>\u003Ctd>2,58\u003C\u002Ftd>\u003Ctd>2,72\u003C\u002Ftd>\u003Ctd>2,88\u003C\u002Ftd>\u003Ctd>3,04\u003C\u002Ftd>\u003Ctd>2,11\u003C\u002Ftd>\u003Ctd>0,64\u003C\u002Ftd>\u003Ctd>0,50\u003C\u002Ftd>\u003Ctd>0,69\u003C\u002Ftd>\u003Ctd>17,190\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Luar do Parque\u003C\u002Ftd>\u003Ctd>13,20\u003C\u002Ftd>\u003Ctd>10,07\u003C\u002Ftd>\u003Ctd>4,76\u003C\u002Ftd>\u003Ctd>0,03\u003C\u002Ftd>\u003Ctd>0,12\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>28,188\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Av Corifeu (Butantã)\u003C\u002Ftd>\u003Ctd>-8,02\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>-0,66\u003C\u002Ftd>\u003Ctd>7,34\u003C\u002Ftd>\u003Ctd>17,45\u003C\u002Ftd>\u003Ctd>12,38\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>28,499\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vilas do Rio\u003C\u002Ftd>\u003Ctd>-10,67\u003C\u002Ftd>\u003Ctd>1,95\u003C\u002Ftd>\u003Ctd>2,28\u003C\u002Ftd>\u003Ctd>2,58\u003C\u002Ftd>\u003Ctd>3,00\u003C\u002Ftd>\u003Ctd>3,08\u003C\u002Ftd>\u003Ctd>3,25\u003C\u002Ftd>\u003Ctd>3,42\u003C\u002Ftd>\u003Ctd>3,59\u003C\u002Ftd>\u003Ctd>3,78\u003C\u002Ftd>\u003Ctd>19,16\u003C\u002Ftd>\u003Ctd>35,408\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Barena\u003C\u002Ftd>\u003Ctd>1,56\u003C\u002Ftd>\u003Ctd>8,04\u003C\u002Ftd>\u003Ctd>0,49\u003C\u002Ftd>\u003Ctd>0,13\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,01\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>10,235\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ponta Grossa\u003C\u002Ftd>\u003Ctd>-4,58\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>-8,22\u003C\u002Ftd>\u003Ctd>0,31\u003C\u002Ftd>\u003Ctd>26,40\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>13,905\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Jabaquara\u003C\u002Ftd>\u003Ctd>-4,44\u003C\u002Ftd>\u003Ctd>3,90\u003C\u002Ftd>\u003Ctd>11,65\u003C\u002Ftd>\u003Ctd>0,09\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>11,203\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vila Carmosina\u003C\u002Ftd>\u003Ctd>-3,25\u003C\u002Ftd>\u003Ctd>-1,40\u003C\u002Ftd>\u003Ctd>0,61\u003C\u002Ftd>\u003Ctd>4,34\u003C\u002Ftd>\u003Ctd>-0,60\u003C\u002Ftd>\u003Ctd>-17,56\u003C\u002Ftd>\u003Ctd>0,99\u003C\u002Ftd>\u003Ctd>43,34\u003C\u002Ftd>\u003Ctd>26,62\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>53,101\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Luar das Oliveiras\u003C\u002Ftd>\u003Ctd>-3,10\u003C\u002Ftd>\u003Ctd>4,53\u003C\u002Ftd>\u003Ctd>3,88\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>5,311\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Reserva da Ilha\u003C\u002Ftd>\u003Ctd>-31,84\u003C\u002Ftd>\u003Ctd>-10,42\u003C\u002Ftd>\u003Ctd>20,30\u003C\u002Ftd>\u003Ctd>27,60\u003C\u002Ftd>\u003Ctd>17,39\u003C\u002Ftd>\u003Ctd>7,49\u003C\u002Ftd>\u003Ctd>4,27\u003C\u002Ftd>\u003Ctd>2,46\u003C\u002Ftd>\u003Ctd>2,44\u003C\u002Ftd>\u003Ctd>2,44\u003C\u002Ftd>\u003Ctd>13,82\u003C\u002Ftd>\u003Ctd>55,958\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Adélia Chohfi\u003C\u002Ftd>\u003Ctd>4,27\u003C\u002Ftd>\u003Ctd>6,76\u003C\u002Ftd>\u003Ctd>0,66\u003C\u002Ftd>\u003Ctd>0,47\u003C\u002Ftd>\u003Ctd>0,14\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>12,297\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Paes de Barros\u003C\u002Ftd>\u003Ctd>-11,50\u003C\u002Ftd>\u003Ctd>6,48\u003C\u002Ftd>\u003Ctd>5,39\u003C\u002Ftd>\u003Ctd>5,96\u003C\u002Ftd>\u003Ctd>8,64\u003C\u002Ftd>\u003Ctd>0,53\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>15,493\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vila Sônia\u003C\u002Ftd>\u003Ctd>-1,53\u003C\u002Ftd>\u003Ctd>1,41\u003C\u002Ftd>\u003Ctd>6,51\u003C\u002Ftd>\u003Ctd>6,11\u003C\u002Ftd>\u003Ctd>0,09\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>12,576\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Hermano da Silva\u003C\u002Ftd>\u003Ctd>-5,26\u003C\u002Ftd>\u003Ctd>0,80\u003C\u002Ftd>\u003Ctd>-1,88\u003C\u002Ftd>\u003Ctd>11,38\u003C\u002Ftd>\u003Ctd>10,00\u003C\u002Ftd>\u003Ctd>2,10\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>17,145\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Lussanvira\u003C\u002Ftd>\u003Ctd>-2,45\u003C\u002Ftd>\u003Ctd>-1,34\u003C\u002Ftd>\u003Ctd>1,14\u003C\u002Ftd>\u003Ctd>-6,51\u003C\u002Ftd>\u003Ctd>18,24\u003C\u002Ftd>\u003Ctd>3,37\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>12,451\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Jaraguá\u003C\u002Ftd>\u003Ctd>-7,72\u003C\u002Ftd>\u003Ctd>-2,68\u003C\u002Ftd>\u003Ctd>1,85\u003C\u002Ftd>\u003Ctd>2,93\u003C\u002Ftd>\u003Ctd>18,88\u003C\u002Ftd>\u003Ctd>20,84\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>34,105\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cachoeira Paulista\u003C\u002Ftd>\u003Ctd>-1,83\u003C\u002Ftd>\u003Ctd>-0,87\u003C\u002Ftd>\u003Ctd>-0,98\u003C\u002Ftd>\u003Ctd>1,17\u003C\u002Ftd>\u003Ctd>10,96\u003C\u002Ftd>\u003Ctd>0,60\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>9,047\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Alberto Ramos\u003C\u002Ftd>\u003Ctd>-3,10\u003C\u002Ftd>\u003Ctd>-1,06\u003C\u002Ftd>\u003Ctd>2,66\u003C\u002Ftd>\u003Ctd>1,84\u003C\u002Ftd>\u003Ctd>8,18\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>8,507\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Adolfo Schnabel\u003C\u002Ftd>\u003Ctd>-0,22\u003C\u002Ftd>\u003Ctd>-1,62\u003C\u002Ftd>\u003Ctd>-2,98\u003C\u002Ftd>\u003Ctd>-0,56\u003C\u002Ftd>\u003Ctd>11,14\u003C\u002Ftd>\u003Ctd>3,57\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>9,326\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Luar do Norte\u003C\u002Ftd>\u003Ctd>-0,29\u003C\u002Ftd>\u003Ctd>-2,52\u003C\u002Ftd>\u003Ctd>0,25\u003C\u002Ftd>\u003Ctd>6,05\u003C\u002Ftd>\u003Ctd>0,02\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>3,508\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Adélia Chohfi II\u003C\u002Ftd>\u003Ctd>-1,75\u003C\u002Ftd>\u003Ctd>-0,96\u003C\u002Ftd>\u003Ctd>-2,15\u003C\u002Ftd>\u003Ctd>0,03\u003C\u002Ftd>\u003Ctd>5,60\u003C\u002Ftd>\u003Ctd>11,29\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>12,052\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Edson de Carvalho\u003C\u002Ftd>\u003Ctd>-0,86\u003C\u002Ftd>\u003Ctd>-3,17\u003C\u002Ftd>\u003Ctd>-0,04\u003C\u002Ftd>\u003Ctd>-1,17\u003C\u002Ftd>\u003Ctd>11,47\u003C\u002Ftd>\u003Ctd>7,04\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>13,269\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Guarumbé\u003C\u002Ftd>\u003Ctd>-0,59\u003C\u002Ftd>\u003Ctd>-1,21\u003C\u002Ftd>\u003Ctd>-0,25\u003C\u002Ftd>\u003Ctd>-6,89\u003C\u002Ftd>\u003Ctd>9,85\u003C\u002Ftd>\u003Ctd>15,58\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>16,482\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Consórcio Cortel SP\u003C\u002Ftd>\u003Ctd>-93,65\u003C\u002Ftd>\u003Ctd>1,94\u003C\u002Ftd>\u003Ctd>43,91\u003C\u002Ftd>\u003Ctd>39,56\u003C\u002Ftd>\u003Ctd>46,40\u003C\u002Ftd>\u003Ctd>30,85\u003C\u002Ftd>\u003Ctd>14,57\u003C\u002Ftd>\u003Ctd>16,23\u003C\u002Ftd>\u003Ctd>16,89\u003C\u002Ftd>\u003Ctd>16,80\u003C\u002Ftd>\u003Ctd>321,54\u003C\u002Ftd>\u003Ctd>455,058\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Em fechamento\u003C\u002Ftd>\u003Ctd>-0,19\u003C\u002Ftd>\u003Ctd>-5,00\u003C\u002Ftd>\u003Ctd>-1,93\u003C\u002Ftd>\u003Ctd>-3,39\u003C\u002Ftd>\u003Ctd>12,04\u003C\u002Ftd>\u003Ctd>17,91\u003C\u002Ftd>\u003Ctd>1,09\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>20,532\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Hipotéticos\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>-56,02\u003C\u002Ftd>\u003Ctd>-33,95\u003C\u002Ftd>\u003Ctd>2,39\u003C\u002Ftd>\u003Ctd>77,16\u003C\u002Ftd>\u003Ctd>71,15\u003C\u002Ftd>\u003Ctd>50,88\u003C\u002Ftd>\u003Ctd>291,99\u003C\u002Ftd>\u003Ctd>403,592\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Mérito Realty\u003C\u002Ftd>\u003Ctd>-32,33\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-160,255\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Total Fluxo Ativos\u003C\u002Fth>\u003Cth>-148,38\u003C\u002Fth>\u003Cth>38,36\u003C\u002Fth>\u003Cth>108,46\u003C\u002Fth>\u003Cth>132,38\u003C\u002Fth>\u003Cth>219,60\u003C\u002Fth>\u003Cth>136,31\u003C\u002Fth>\u003Cth>51,74\u003C\u002Fth>\u003Cth>158,84\u003C\u002Fth>\u003Cth>125,11\u003C\u002Fth>\u003Cth>78,08\u003C\u002Fth>\u003Cth>724,04\u003C\u002Fth>\u003Cth>1.624,53\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Investimentos\u003C\u002Ftd>\u003Ctd>-565,76\u003C\u002Ftd>\u003Ctd>-45,40\u003C\u002Ftd>\u003Ctd>-36,02\u003C\u002Ftd>\u003Ctd>-31,32\u003C\u002Ftd>\u003Ctd>-69,80\u003C\u002Ftd>\u003Ctd>-64,30\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-17,24\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-12,79\u003C\u002Ftd>\u003Ctd>-881,01\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Recebimentos\u003C\u002Ftd>\u003Ctd>417,37\u003C\u002Ftd>\u003Ctd>83,76\u003C\u002Ftd>\u003Ctd>144,48\u003C\u002Ftd>\u003Ctd>163,70\u003C\u002Ftd>\u003Ctd>289,39\u003C\u002Ftd>\u003Ctd>200,60\u003C\u002Ftd>\u003Ctd>64,53\u003C\u002Ftd>\u003Ctd>171,64\u003C\u002Ftd>\u003Ctd>142,35\u003C\u002Ftd>\u003Ctd>90,88\u003C\u002Ftd>\u003Ctd>736,83\u003C\u002Ftd>\u003Ctd>2.505,53\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd>Fluxo Fundo\u003C\u002Ftd>\u003Ctd><2026\u003C\u002Ftd>\u003Ctd>2026\u003C\u002Ftd>\u003Ctd>2027\u003C\u002Ftd>\u003Ctd>2028\u003C\u002Ftd>\u003Ctd>2029\u003C\u002Ftd>\u003Ctd>2030\u003C\u002Ftd>\u003Ctd>2031\u003C\u002Ftd>\u003Ctd>2032\u003C\u002Ftd>\u003Ctd>2033\u003C\u002Ftd>\u003Ctd>2034\u003C\u002Ftd>\u003Ctd>2035\u003C\u002Ftd>\u003Ctd>TOTAL\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Saldo Caixa - Inicial Fluxo dos Ativos Receitas do Fundo Despesas do Fundo Integralização Cotas Fluxo aos Cotistas Saldo Caixa - Final\u003C\u002Ftd>\u003Ctd>0,00-148,3845,35-108,69672,73-400,8560,15\u003C\u002Ftd>\u003Ctd colspan=\"10\">60,15 1,56 5,66 27,73 134,38 163,39 91,31 124,16 127,18 79,2538,36 108,46 132,38 219,60 136,31 51,74 158,84 125,11 78,08 724,043,86 0,00 0,01 2,79 14,05 3,12 6,27 13,19 10,63 5,30-13,31 -12,96 -14,44 -14,95 -15,69 -16,36 -17,55 -18,72 -19,21 -23,500,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00-87,51 -91,39 -95,88 -100,78 -105,67 -110,57 -114,72 -116,55 -117,44 -785,091,56 5,66 27,73 134,38 163,39 91,31 124,16 127,18 79,25 0,00\u003C\u002Ftd>\u003Ctd>0,001.624,53104,58-275,38672,73-2.126,440,00\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd>Estimativa p. Cota\u003C\u002Ftd>\u003Ctd><2026\u003C\u002Ftd>\u003Ctd>2026\u003C\u002Ftd>\u003Ctd>2027\u003C\u002Ftd>\u003Ctd>2028\u003C\u002Ftd>\u003Ctd>2029\u003C\u002Ftd>\u003Ctd>2030\u003C\u002Ftd>\u003Ctd>2031\u003C\u002Ftd>\u003Ctd>2032\u003C\u002Ftd>\u003Ctd>2033\u003C\u002Ftd>\u003Ctd>2034\u003C\u002Ftd>\u003Ctd>2035\u003C\u002Ftd>\u003Ctd>TOTAL\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Fluxo (R$ \u002F Cota)*\u003C\u002Ftd>\u003Ctd>166,02\u003C\u002Ftd>\u003Ctd colspan=\"10\">13,15 13,44 14,16 14,88 15,60 16,32 16,92 17,16 17,28 114,01\u003C\u002Ftd>\u003Ctd>418,94\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>¹ Os fluxos de caixa que excedem dez\u002F 35 foram trazidos a valor presente nesta data .\u003C\u002Fp>\u003Ch3>Detalhamento dos Ativos Carteira MFII 4T25 ¹\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Percentual\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>TIR\u003C\u002Fth>\u003Cth>Resultado\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Classificação\u003C\u002Ftd>\u003Ctd>Ativo Imobiliário\u003C\u002Ftd>\u003Ctd>em Carteira\u003C\u002Ftd>\u003Ctd>Local\u003C\u002Ftd>\u003Ctd>Fase\u003C\u002Ftd>\u003Ctd>% Obras\u003C\u002Ftd>\u003Ctd>% Vendas\u003C\u002Ftd>\u003Ctd>Esperada (a.a.)\u003C\u002Ftd>\u003Ctd>Esperado (R$ MM)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Urbanização\u003C\u002Ftd>\u003Ctd>Residencial Campo Verde\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003Ctd>Iracemápolis - SP\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>93%\u003C\u002Ftd>\u003Ctd>15,2%\u003C\u002Ftd>\u003Ctd>15,937\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Urbanização\u003C\u002Ftd>\u003Ctd>Terras da Estância\u003C\u002Ftd>\u003Ctd>7,2%\u003C\u002Ftd>\u003Ctd>Paulínia - SP\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>99%\u003C\u002Ftd>\u003Ctd>18,4%\u003C\u002Ftd>\u003Ctd>75,518\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Urbanização\u003C\u002Ftd>\u003Ctd>Luar do Rio Largo\u003C\u002Ftd>\u003Ctd>4,0%\u003C\u002Ftd>\u003Ctd>Rio Largo - AL\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>99%\u003C\u002Ftd>\u003Ctd>22,6%\u003C\u002Ftd>\u003Ctd>17,190\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Urbanização\u003C\u002Ftd>\u003Ctd>Damha Fit I\u003C\u002Ftd>\u003Ctd>5,2%\u003C\u002Ftd>\u003Ctd>Uberaba - MG\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>99%\u003C\u002Ftd>\u003Ctd>30,7%\u003C\u002Ftd>\u003Ctd>15,385\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Urbanização\u003C\u002Ftd>\u003Ctd>Vilas do Rio\u003C\u002Ftd>\u003Ctd>5,6%\u003C\u002Ftd>\u003Ctd>Campinas - SP\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>69%\u003C\u002Ftd>\u003Ctd>17,0%\u003C\u002Ftd>\u003Ctd>35,408\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Barena\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>90%\u003C\u002Ftd>\u003Ctd>21,7%\u003C\u002Ftd>\u003Ctd>10,235\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Lauro de Freitas\u003C\u002Ftd>\u003Ctd>1,8%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Concluído\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>69%\u003C\u002Ftd>\u003Ctd>22,8%\u003C\u002Ftd>\u003Ctd>13,837\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Golden Boituva\u003C\u002Ftd>\u003Ctd>4,8%\u003C\u002Ftd>\u003Ctd>Boituva - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>91%\u003C\u002Ftd>\u003Ctd>92%\u003C\u002Ftd>\u003Ctd>13,4%\u003C\u002Ftd>\u003Ctd>18,116\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Luar do Parque\u003C\u002Ftd>\u003Ctd>4,2%\u003C\u002Ftd>\u003Ctd>Recife - PE\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>86%\u003C\u002Ftd>\u003Ctd>84%\u003C\u002Ftd>\u003Ctd>35,8%\u003C\u002Ftd>\u003Ctd>28,188\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Urbanização\u003C\u002Ftd>\u003Ctd>Reserva da Ilha\u003C\u002Ftd>\u003Ctd>5,9%\u003C\u002Ftd>\u003Ctd>Sertaneja - PR\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>44%\u003C\u002Ftd>\u003Ctd>11%\u003C\u002Ftd>\u003Ctd>16,5%\u003C\u002Ftd>\u003Ctd>55,958\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Luar das Oliveiras\u003C\u002Ftd>\u003Ctd>1,0%\u003C\u002Ftd>\u003Ctd>Recife - PE\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>58%\u003C\u002Ftd>\u003Ctd>58%\u003C\u002Ftd>\u003Ctd>28,1%\u003C\u002Ftd>\u003Ctd>5,311\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Jardins de Tarsila\u003C\u002Ftd>\u003Ctd>2,2%\u003C\u002Ftd>\u003Ctd>Campinas - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>11%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>15,5%\u003C\u002Ftd>\u003Ctd>29,754\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Avenida Corifeu\u003C\u002Ftd>\u003Ctd>6,0%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>3%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>23,7%\u003C\u002Ftd>\u003Ctd>28,499\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Jabaquara\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>51%\u003C\u002Ftd>\u003Ctd>42%\u003C\u002Ftd>\u003Ctd>23,8%\u003C\u002Ftd>\u003Ctd>11,203\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Adélia Chohfi\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>39%\u003C\u002Ftd>\u003Ctd>90%\u003C\u002Ftd>\u003Ctd>44,4%\u003C\u002Ftd>\u003Ctd>12,297\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Paes de Barros\u003C\u002Ftd>\u003Ctd>3,6%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>25%\u003C\u002Ftd>\u003Ctd>35%\u003C\u002Ftd>\u003Ctd>21,4%\u003C\u002Ftd>\u003Ctd>15,493\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Vila Sônia\u003C\u002Ftd>\u003Ctd>2,4%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>9%\u003C\u002Ftd>\u003Ctd>82%\u003C\u002Ftd>\u003Ctd>28,0%\u003C\u002Ftd>\u003Ctd>12,576\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Urbanização\u003C\u002Ftd>\u003Ctd>Damha Fit II\u003C\u002Ftd>\u003Ctd>3,8%\u003C\u002Ftd>\u003Ctd>Uberaba - MG\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>8%\u003C\u002Ftd>\u003Ctd>10%\u003C\u002Ftd>\u003Ctd>35,6%\u003C\u002Ftd>\u003Ctd>163,900\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Luar do Norte\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>Recife - PE\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>2%\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>46,4%\u003C\u002Ftd>\u003Ctd>3,508\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Hermano da Silva\u003C\u002Ftd>\u003Ctd>0,8%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>1%\u003C\u002Ftd>\u003Ctd>25%\u003C\u002Ftd>\u003Ctd>44,4%\u003C\u002Ftd>\u003Ctd>17,145\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Jaraguá\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Obras\u003C\u002Ftd>\u003Ctd>1%\u003C\u002Ftd>\u003Ctd>1%\u003C\u002Ftd>\u003Ctd>37,1%\u003C\u002Ftd>\u003Ctd>34,105\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Residencial Dona\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003Ctd>Campinas - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>12,4%\u003C\u002Ftd>\u003Ctd>23,736\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>Amélia\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>Incorporação\u003C\u002Ftd>\u003Ctd>Descampado\u003C\u002Ftd>\u003Ctd>3,9%\u003C\u002Ftd>\u003Ctd>Campinas - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>13,4%\u003C\u002Ftd>\u003Ctd>26,253\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Ponta Grossa\u003C\u002Ftd>\u003Ctd>0,9%\u003C\u002Ftd>\u003Ctd>Ponta Grossa -PR\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>16,6%\u003C\u002Ftd>\u003Ctd>13,905\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Vila Carmosina\u003C\u002Ftd>\u003Ctd>0,6%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>30,0%\u003C\u002Ftd>\u003Ctd>53,101\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Lussanvira\u003C\u002Ftd>\u003Ctd>0,2%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>31,7%\u003C\u002Ftd>\u003Ctd>12,451\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Cachoeira Paulista\u003C\u002Ftd>\u003Ctd>0,1%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>44,9%\u003C\u002Ftd>\u003Ctd>9,047\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Alberto Ramos\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>37,7%\u003C\u002Ftd>\u003Ctd>8,507\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Adolfo Schnabel\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>43,6%\u003C\u002Ftd>\u003Ctd>9,326\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Adélia Chohfi II\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>39,3%\u003C\u002Ftd>\u003Ctd>12,052\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Guarumbé\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>56,5%\u003C\u002Ftd>\u003Ctd>16,482\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Incorporação\u003C\u002Ftd>\u003Ctd>Edson de Carvalho\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>Landbank\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>0%\u003C\u002Ftd>\u003Ctd>49,8%\u003C\u002Ftd>\u003Ctd>13,269\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Residencial\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>Consórcio\u003C\u002Ftd>\u003Ctd>Consórcio Cortel\u003C\u002Ftd>\u003Ctd>25,4%\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>20,2%\u003C\u002Ftd>\u003Ctd>455,058\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cortel\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>Relatório 4T25\u003C\u002Fp>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_17_image_2.jpg\">\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd colspan=\"2\">Residencial Campo Verde\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Localização: Iracemápolis - SP\u003C\u002Ftd>\u003Ctd>Padrão: Médio\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com a Loteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 51.188.000\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 69.524 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>Empreendimento de médio padrão situado na cidade de Iracemápolis, estado de São Paulo. O Residencial Campo Verde é composto por 382 lotes, tanto residenciais como comerciais, distribuídos em 10 quadras.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_17_image_5.jpg\">\u003C\u002Fp>\u003Ch3>Terras da Estância\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : Paulínia - SP\u003C\u002Fth>\u003Cth>Padrão: Médio\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com a Loteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 328.998.161\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 267.998 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de médio padrão situado na cidade de Paulínia, estado de São Paulo . O Terras da Estância é composto por 1.272 lotes, tanto residenciais como comerciais, distribuídos em 34 quadras .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_17_image_9.jpg\">\u003C\u002Fp>\u003Ch3>Adolfo Schnabel\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 52.690.207\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 11.097,00\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"2\">Terreno localizado na Vila Ema, Sãprojeto prevê 205 unidades eaproximadamente R$ 53 milhões.\u003C\u002Ftd>\u003Ctd rowspan=\"2\">o Paulo\u002FSP, com área de 2.049 m². Oum Valor Geral de Vendas de\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Geral\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_17_image_12.jpg\">\u003C\u002Fp>\u003Ch3>Jaraguá\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 183.360.000\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: a definir\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Área de 8.625 m² no Jardim Jaraguá, São Paulo\u002FSP. Os estudos deimplantação e de mercado realizados para o local preveem um projetomultifamiliar residencial vertical com 764 unidades e um Valor Geral deVendas de aproximadamente R$ 183 milhões.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_18_image_2.jpg\">\u003C\u002Fp>\u003Cp>Hermano da Silva\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : São Paulo - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV : R$ 60.000.000\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 8.388,60 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de padrão econômico situado na cidade de São Paulo . O projeto será composto por 246 unidades habitacionais, totalizando um VGV de aproximadamente de R$ 60 milhões .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_18_image_6.jpg\">\u003C\u002Fp>\u003Cp>Avenida Corifeu\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 89.588.757\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 12.177 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"2\" colspan=\"2\">Empreendimento de padrão econômico situado na cidade de São Paulo,estado de São Paulo. O estudo de implantação prevê a construção de umempreendimento residencial vertical com aproximadamente 276\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>unidditcirasdencial verti\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Vilas do Rio\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_18_image_10.jpg\">\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: Campinas - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com aLoteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 90.591.754\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 67.386 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Loteamento residencial aberto localizado no município de Campinas,estado de São Paulo, com 358 lotes. O empreendimento se encontracom 100% das obras concluídas.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_18_image_12.jpg\">\u003C\u002Fp>\u003Cp>Luar do Norte\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização: Recife- PE\u003C\u002Fth>\u003Cth>Padrão: Médio\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 42.300.000\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 13.768 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Em parceria com a construtoraempreendimento de médio padrão loc120 unidades com Valor Geral dR$ 48 milhões.\u003C\u002Ftd>\u003Ctd>Torque, o Luar do Norte é umalizado em Recife\u002FPE e conta come Vendas de aproximadamente\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_19_image_2.jpg\">\u003C\u002Fp>\u003Cp>Golden Boituva\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização: Boituva - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 116.061.320\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 41.312 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de padrão econômico situado na cidade de Boituva, estado de São Paulo. O Golden Boituva terá 644 casas. Possuirá também sistema viário, áreas institucionais, áreas verdes e áreas de proteção permanente.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_19_image_6.jpg\">\u003C\u002Fp>\u003Cp>Luar de Rio Largo\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização: Rio Largo - AL\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com a Loteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 55.056.573\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 102.101 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Loteamento de padrão econômico situado no município de Rio Largo, estado de Alagoas . O Luar de Rio Largo é composto por 660 lotes . Possui também sistema viário, áreas institucionais e áreas verdes .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_19_image_10.jpg\">\u003C\u002Fp>\u003Ch3>Luar do Parque\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização: Recife - PE\u003C\u002Fth>\u003Cth>Padrão: Médio\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 190.414.177\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 27.914 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de médio padrão situado na cidade de Recife, estado de Pernambuco . O Luar do Parque terá 480 apartamentos, divididos em cinco torres . O projeto já foi aprovado na Prefeitura municipal e as obras foram iniciadas no final de 2019.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_19_image_14.jpg\">\u003C\u002Fp>\u003Ch3>Barena\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : São Paulo - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 44.000.000\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 7.012 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Empreendimento composto por 165\u003C\u002Ftd>\u003Ctd>unidades habitacionais, localizado\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>no bairro Itaim Paulista, na Zona Leste\u003C\u002Ftd>\u003Ctd>da cidade de São Paulo .\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_20_image_2.jpg\">\u003C\u002Fp>\u003Cp>Lauro de Freitas\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : São Paulo - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV : R$ 52.233.351\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 8.287,5 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de padrão econômico com 195 apartamentos e situado na zona leste da cidade de São Paulo, estado de São Paulo .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_20_image_6.jpg\">\u003C\u002Fp>\u003Cp>Reserva da Ilha\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd rowspan=\"2\">Localização: Sertaneja- PR\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Padrão: Alto\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com aLoteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 219.000.000\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 439.564 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de alto padrão situado no município de Sertaneja,estado de Paraná. O Reserva da Ilha será composto por 485 lotes commédia de 819 metros quadrados cada, totalizando um VGV de mais de R$200 milhões.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_20_image_9.jpg\">\u003C\u002Fp>\u003Cp>Damha Fit I\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: Uberaba - MG\u003C\u002Ftd>\u003Ctd>Padrão: Médio\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com aLoteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 77.418.671\u003C\u002Ftd>\u003Ctd>Estágio: Concluído\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 95.454,57 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de médio padrão situado na cidade de Uberaba,estado de Minas Gerais. O Damha Fit I possui 358 lotes.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_20_image_12.jpg\">\u003C\u002Fp>\u003Cp>Damha Fit II\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: Uberaba- MG\u003C\u002Ftd>\u003Ctd>Padrão: Médio\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: Direto com aLoteadora\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 128.069.682\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 176.880,56 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de médio padrão situado na cidade de Uberaba,estado de Minas Gerais. O Damha Fit Il possui quase o dobro de lotesque o Fit I, com 693 lotes.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_21_image_2.jpg\">\u003C\u002Fp>\u003Cp>Jardins de Tarsila\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: Campinas - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 120.510.000\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 23.760,71 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de padrão econômico situado na cidade de Campinas,estado de São Paulo.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_21_image_5.jpg\">\u003C\u002Fp>\u003Cp>Paes de Barros\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Médio\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 69.554.000\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 6.762 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">O projeto de médio padrão está localizado na Avenida Paes de Barros,no bairro da Mooca e será composto por 176 unidades residenciais.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_21_image_8.jpg\">\u003C\u002Fp>\u003Cp>Jabaquara\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 52.422.950\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 7.600 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de padrão econômico situado na cidade de São Paulo,no bairro Jabaquara e será composto por 193 unidades.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_21_image_11.jpg\">\u003C\u002Fp>\u003Cp>Vila Carmosina\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 320.056.654\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: a definir\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de padrão econômico situado na cidade de São Paulo,estado de São Paulo, no bairro Vila Carmosina.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_22_image_2.jpg\">\u003C\u002Fp>\u003Cp>Residencial Dona Amélia\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : Campinas - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV : R$ 170.711.277\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 50.087 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de padrão econômico situado na cidade de Campinas, estado de São Paulo . O Dona Amélia terá aproximadamente 600 unidades habitacionais (projeto em aprovação), divididos em casas e apartamentos, respectivamente, distribuídos em 5 quadras .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_22_image_6.jpg\">\u003C\u002Fp>\u003Ch3>Descampado\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>Localização: Campinas - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 123.200.000\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 21.800 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de padrão econômico situado na cidade de Campinas,estado de São Paulo. O Descampado terá aproximadamente 560unidades habitacionais (projeto em aprovação) e terá aproximadamentedois lotes comerciais (projeto em aprovação).\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_22_image_9.jpg\">\u003C\u002Fp>\u003Ch3>Adelia Chohfi\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 65.043.000\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 10.184 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Empreendimento de padrão econômico situado na cidade de São Paulo.O projeto será composto por 268 unidades habitacionais, totalizando umVGV de mais de R$ 60 milhões.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_22_image_12.jpg\">\u003C\u002Fp>\u003Ch3>Ponta Grossa\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>Localização: Ponta Grossa-PR\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Urbanização\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 74.925.000\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 20.250 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Projeto de padrão econômico na cidade de Ponta Grossa, no estado daParaná. O estudo de implantação prevê a implantação de 450 unidadesresidenciais.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_23_image_2.jpg\">\u003C\u002Fp>\u003Ch3>Vila Sônia\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : São Paulo - SP\u003C\u002Fth>\u003Cth>Padrão: Médio\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 56.019.785\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 6.171 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de padrão econômico situado na cidade de São Paulo . O Vila Sônia será composto por 163 unidades habitacionais .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_23_image_6.jpg\">\u003C\u002Fp>\u003Ch3>Lussanvira\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : São Paulo - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 44.000.000\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 4.838,60 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de padrão econômico situado na cidade de São Paulo . Os estudos preveem a implantação de 126 unidades habitacionais, totalizando um VGV de mais de R$ 44 milhões .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_23_image_10.jpg\">\u003C\u002Fp>\u003Ch3>Luar das Oliveiras\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : Recife - PE\u003C\u002Fth>\u003Cth>Padrão: Médio\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$30.225.131\u003C\u002Ftd>\u003Ctd>Estágio: Obras\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 4.288 m²\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Empreendimento de médio padrão situado na cidade de Recife, estado de Pernambuco . O projeto será composto por 128 unidades e está em fase inicial de obras .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_23_image_14.jpg\">\u003C\u002Fp>\u003Ch3>Cachoeira Paulista\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Localização : São Paulo - SP\u003C\u002Fth>\u003Cth>Padrão: Econômico\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 52.440.000\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Área de 1.199,20 m² no Bairro Cidade Patriarca, São Paulo\u002FSP . Os estudos de implantação e de mercado realizados para o local preveem um projeto multifamiliar residencial vertical com 184 unidades e um Valor Geral de Vendas de aproximadamente R$ 52 milhões .\u003C\u002Fp>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_24_image_2.jpg\">\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd colspan=\"2\">Alberto Ramos\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Localização : São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo : Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 55.135.329\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável : 7.460,70\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Área de 1.315,15 m² na Vila Prudente, São Paulo\u002FSP . Os estudos de implantação e de mercado realizados para o local preveem um projeto multifamiliar residencial vertical com 190 unidades e um Valor Geral de Vendas de aproximadamente R$ 55 milhões .\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_24_image_4.jpg\">\u003C\u002Fp>\u003Cp>Adélia Chohfi II\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 59.980.624\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 8.764,19\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Área de 1.377,0 m² em São Mateus, São Paulo\u002FSP. Os estudos deimplantação e de mercado realizados para o local preveem um projetomultifamiliar residencial vertical com um total de 244 unidades e um ValorGeral de Vendas de aproximadamente R$ 60 milhões.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_24_image_7.jpg\">\u003C\u002Fp>\u003Cp>Guarumbé\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 81.860.000\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 12.691,00\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Área de 4.164,0 m² em Itaquera, São Paulo\u002FSP. Os estudos deimplantação e de mercado realizados para o local preveem um projetomultifamiliar residencial vertical com um total de 343 unidades e um ValorGeral de Vendas de aproximadamente R$ 82 milhões.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_24_image_10.jpg\">\u003C\u002Fp>\u003Cp>Edson de Carvalho\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>Localização: São Paulo - SP\u003C\u002Ftd>\u003Ctd>Padrão: Econômico\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo: Incorporação\u003C\u002Ftd>\u003Ctd>Financiamento: MCMV\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGV: R$ 56.492.548\u003C\u002Ftd>\u003Ctd>Estágio: Landbank\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Área vendável: 8.715,00\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"2\">Área de 1.499,0 m² no Itaim Paulista, São Paulo\u002FSP. Os estudos deimplantação e de mercado realizados para o local preveem um projetomultifamiliar residencial vertical com um total de 249 unidades e um ValorGeral de Vendas de aproximadamente R$ 56 milhões.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Detalhamento dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_25_image_2.jpg\">\u003C\u002Fp>\u003Ch3>Consórcio Cortel\u003C\u002Fh3>\u003Ch3>Localização : São Paulo - SP\u003C\u002Fh3>\u003Cp>Participação de 35% na SPE Consórcio Cortel SP S.A., que recentemente arrematou o Bloco 2 da concessão dos serviços cemiteriais que envolvem a gestão, operação, revitalização e prestação de serviços funerários na cidade de São Paulo pelo prazo de 25 anos . O Bloco 2 é composto por 5 cemitérios, sendo eles : Araçá, Dom Bosco, Santo Amaro, São Paulo e Vila Nova Cachoeirinha .\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_26_image_0.jpg\">\u003C\u002Fp>\u003Cp>Este material tem caráter meramente informativo . Nenhuma garantia, expressa ou implícita, pode ser fornecida com relação à exatidão, completude ou segurança dos materiais, inclusive em suas referências aos valores mobiliários e demais assuntos neles contidos . Os materiais disponibilizados não devem ser considerados pelos receptores como substitutos ao exercício dos seus próprios julgamentos e não suprem a necessidade de consulta a profissionais devidamente qualificados, que deverão levar em consideração suas necessidades e objetivos específicos ao assessorá -los . Quaisquer dados, informações e\u002Fou opiniões estão sujeitas a mudanças, sem necessidade de notificação prévia aos usuários, e podem diferir ou ser contrárias a opiniões expressadas por outras pessoas, áreas ou dentro da própria Mérito, como resultado de diferentes análises, critérios e interpretação . As referências contidas neste material são fornecidas somente a título de informação . Nenhuma das informações apresentadas devem ser interpretadas como proposta, oferta ou recomendação de compra ou venda de quaisquer Produtos e\u002Fou serviços de investimento, nem como a realização de qualquer ato jurídico, independentemente da sua natureza . Rentabilidades passadas não representam garantia de performance futura. Fundos de investimentos não contam com a garantia do administrador, gestor da carteira ou, ainda, do fundo garantidor de crédito -FGC . O retorno alvo não deve ser considerado como promessa ou garantia de rentabilidade . Leia o material de divulgação e o regulamento do fundo antes de investir\u003C\u002Fp>\u003Ch3>Relação com Investidores\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_26_image_3.jpg\">\u003C\u002Fp>\u003Cp>Rua Funchal, 418, 21º Andar Vila Olímpia, São Paulo - SP\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_26_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11493\u002Fpage_26_image_6.jpg\">\u003C\u002Fp>\u003Cp>(11) 3386-2555\u003C\u002Fp>\u003Cp>ri@meritoinvestimentos.com.br\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FMFII11\u002Fdocumentos\u002F11493\u002Fpdf",false,"2026-01-30","2026-02-13 18:48:00",{"id":97,"empresa":98,"gestor":102,"cotacoes":108,"patrimonio":226,"vpa":227,"p_vpa":228,"tipo_gestao":229,"mandato":230,"segmento":231,"categoria":230,"grupo":56,"preco_atual":224,"cotacao_atualizada_em":232,"ultima_variacao_cotacao_24h":233,"variacao_cotacao_7d":234,"variacao_cotacao_1m":235,"variacao_cotacao_3m":236,"variacao_cotacao_6m":237,"variacao_cotacao_12m":238,"vacancia_fisica":230,"liquidez_atual":239,"ultimo_dividendo":240,"ultimo_dividend_yield":241,"mes_pagamento_ultimo_dividendo":242,"dividend_yield_3m":243,"dividend_yield_6m":244,"dividend_yield_12m":245,"dividend_yield_medio_12m":246,"qtd_dividendos_pagos_ano_passado":247,"data_ultima_cotacao":222,"pregoes_com_negocio_21":248,"alertas":249,"updated_at":255,"liquidez_media_reais":256,"administrador":47,"taxa_administracao_paga":257,"balanco":258,"resultado_distribuido":265,"publico_alvo":270,"mercados_negociacao_cotas":271,"data_funcionamento":273,"data_final":230,"quantidade_cotas":274,"quantidade_cotistas":275,"detalhes_cotistas":276,"total_investido":279,"investimentos_fundo":280,"imoveis":285,"contratos":230,"custodiante":287,"auditor_independente":291,"formador_mercado":230,"distribuidor_cotas":230,"consultor_especializado":230,"administrador_locacoes":230,"relatorio_anual":298,"analise_administrador":301},473,{"nome":54,"nome_simplificado":99,"nome_comercial":51,"ticker":53,"nome_ticker":100,"nome_pregao":101,"cnpj":61},"MERITO DESENVOLVIMENTO IMOBILIARIO","MFII11 - MERITO DESENVOLVIMENTO IMOBILIARIO FII","FII MERITO I",{"id":103,"nome":41,"cnpj":104,"endereco":105,"telefone":106,"created_at":107,"updated_at":107},185,"15632652000116","Rua Funchal, 418, 21 andar, São Paulo-SP, CEP 04551-060","(11) 3386-2555","2026-10-03T19:20:30.000000Z",[109,115,121,126,132,138,144,150,155,161,167,173,179,184,190,196,202,208,214,220],{"id":110,"data":111,"abertura":112,"ultimo":113,"volume":114},3288976,"2026-10-06",35.7,36.75,15097,{"id":116,"data":117,"abertura":118,"ultimo":119,"volume":120},3289554,"2026-10-07",35.75,37.33,7634,{"id":122,"data":123,"abertura":119,"ultimo":124,"volume":125},3290372,"2026-10-08",37.61,11481,{"id":127,"data":128,"abertura":129,"ultimo":130,"volume":131},3291201,"2026-10-09",39.12,39.04,11859,{"id":133,"data":134,"abertura":135,"ultimo":136,"volume":137},3357107,"2026-10-13",39,37.56,7169,{"id":139,"data":140,"abertura":141,"ultimo":142,"volume":143},3375674,"2026-10-14",38.1,37.06,6090,{"id":145,"data":146,"abertura":147,"ultimo":148,"volume":149},3376037,"2026-10-15",37.44,37,4885,{"id":151,"data":152,"abertura":148,"ultimo":153,"volume":154},3377186,"2026-10-16",37.99,5411,{"id":156,"data":157,"abertura":158,"ultimo":159,"volume":160},3445163,"2026-10-19",38,38.75,10402,{"id":162,"data":163,"abertura":164,"ultimo":165,"volume":166},3446548,"2026-10-20",38.79,37.91,9735,{"id":168,"data":169,"abertura":170,"ultimo":171,"volume":172},3459558,"2026-10-21",38.29,37.9,4853,{"id":174,"data":175,"abertura":176,"ultimo":177,"volume":178},3473760,"2026-10-22",37.85,37.46,8667,{"id":180,"data":181,"abertura":182,"ultimo":158,"volume":183},3488096,"2026-10-23",37.84,6904,{"id":185,"data":186,"abertura":187,"ultimo":188,"volume":189},3566155,"2026-10-26",36,34.81,20761,{"id":191,"data":192,"abertura":193,"ultimo":194,"volume":195},3580260,"2026-10-27",35.82,34.43,6387,{"id":197,"data":198,"abertura":199,"ultimo":200,"volume":201},3593853,"2026-10-28",34.4,33.03,9909,{"id":203,"data":204,"abertura":205,"ultimo":206,"volume":207},3609077,"2026-10-29",32.64,32.11,6567,{"id":209,"data":210,"abertura":211,"ultimo":212,"volume":213},3624780,"2026-10-30",32.43,30.89,22683,{"id":215,"data":216,"abertura":217,"ultimo":218,"volume":219},3682120,"2026-11-03",30.66,29.19,16589,{"id":221,"data":222,"abertura":223,"ultimo":224,"volume":225},3695525,"2026-11-04",29.18,29.79,13841,658014855.72,96.77,"0.31","Ativa",null,"Multicategoria","2026-11-05 09:00","0.0206","-0.0723","-0.1894","0.0167","-0.5051","-0.6103",559,"0.3000","0.0097","Nov\u002F2026","0.0302","0.1014","0.3098","0.0125",12,21,[250],{"tipo":251,"campo":252,"titulo":253,"texto":254},"dy_passado","dividend_yield_12m","DY passado","O fundo reduziu ou suspendeu as distribuições: o último rendimento anunciado, de R$ 0,30 a pagar em nov\u002F2026, equivale a um DY anualizado de 12,1%. A cota caiu 50,5% em 6 meses.","05\u002F11\u002F2026 08:15",362590.67,0.0131635389750059,{"data_referencia":259,"ativo":260,"passivo":261,"obrigacoes_imoveis":262,"obrigacoes_securitizacao":262,"liquidez":263,"valores_receber":264},"2026-09-01",660923087.72,2908232,0,458.46,2920403.48,{"data_referencia":266,"resultado":267,"rendimentos":268,"percentual":269},"2026-06-30",23565951.91,38885726.8645,1.6500808884363034,"Investidores em Geral",[272],"Bolsa","2013-03-06",6800000,30574,{"Pessoa Física":277,"Pessoa jurídica não financeira":278,"Regime próprio de previdência dos servidores públicos":72},30562,10,658002225.78,{"Cotas de sociedades imobiliárias":281,"Cotas de FIIs":282,"Imóveis para renda em construção":283,"Terrenos":284},520163311.03,104807430,32644484.75,387000,{"vacancia_total":262,"lista_imoveis":286,"data_referencia":266,"vacancia_suspeita":93},[],{"id":288,"nome":289,"cnpj":290,"endereco":105,"telefone":106,"created_at":107,"updated_at":107},186,"Mérito DTVM","41592532000142",{"id":292,"nome":293,"cnpj":294,"endereco":295,"telefone":296,"created_at":297,"updated_at":297},69,"BDO RCS AUDITORES INDEPENDENTES","54276936000179","Rua Major Quedinho, 90 - Consolação - São Paulo - SP, 01050-030","(11) 3848-5880","2026-10-03T18:55:02.000000Z",{"ano_referencia":299,"data_disponibilizacao":300},"2025","2026-03-31",{"ResultadoFundo":302,"ConjunturaEconomica":303,"PerspectivaPeriodoSeguinte":304},"Conforme as Demonstrações Contábeis Auditadas e publicadas no Fundos Net e no site da Administradora: www.meritodtvm.com.br ","Em 2025, observamos um novo ciclo de aumento da taxa de juros. Apesar disso, estamos confiantes da resistência da nossa carteira a este cenário.","Continuidade do processo de aprovação de projetos e desenvolvimento dos ativos detidos pelo fundo."]