[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"documento:RZZR11:21844":3,"seo:\u002Fdetalhes\u002FRZZR11\u002Fdocumentos\u002F21844":16,"fii-documento:RZZR11":94},{"id":4,"descricao":5,"assunto":6,"tipo":7,"situacao":8,"texto":9,"link_pdf":10,"estruturado":11,"link_original":12,"data_referencia":13,"data_entrega":14,"versao":15},21844,"(RZZR) Relatório Gerencial - 31\u002F08\u002F2026","Relatório Gerencial","Relatórios","(Ativo)","\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_0_Picture_0.jpeg\">\u003C\u002Fp>\u003Cp>RELATÓRIO GERENCIAL · AGOSTO 2026\u003C\u002Fp>\u003Ch2>Raizz Renda Logística FII\u003C\u002Fh2>\u003Cp>RZZR11\u003C\u002Fp>\u003Cp>CNPJ\u003C\u002Fp>\u003Cp>MÊS DE REFERÊNCIA\u003C\u002Fp>\u003Cp>35.652.278\u002F0001-28\u003C\u002Fp>\u003Cp>Agosto \u002F 2026\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_0_Picture_8.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_0_Picture_9.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_0_Picture_10.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_1_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> O B J E T I V O D O F U N D O \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>O objeto do Fundo é a obtenção de renda e ganho de capital por meio da exploração de empreendimentos imobiliários no setor logístico.\u003C\u002Fp>\u003Ch4>\u003Cb> Principais Características \u003C\u002Fb>\u003C\u002Fh4>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Código de\u003Cbr>Negociação\u003C\u002Fth>\u003Cth>RZZR11\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Administrador\u003C\u002Ftd>\u003Ctd>BTG Pactual Serv.\u003Cbr>Financeiros\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Consultor\u003C\u002Ftd>\u003Ctd>Raizz Capital\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo Anbima\u003C\u002Ftd>\u003Ctd>Renda Gestão Passiva\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Prazo de Duração\u003C\u002Ftd>\u003Ctd>Indeterminado\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Início do fundo\u003C\u002Fth>\u003Cth>09\u002F2020\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Número de Emissões\u003C\u002Ftd>\u003Ctd>15\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Periodicidade dos\u003Cbr>Rendimentos\u003C\u002Ftd>\u003Ctd>Mensal\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Administração\u003C\u002Ftd>\u003Ctd>0,25% a.a. sobre o PL\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>R$ 1.028.720.737,14\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>5.601.004\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cb> PA GAMENT O D E PRO VENTO S \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Mês de referência Agosto \u002F 2026\u003C\u002Fp>\u003Cp>Data base 11\u002F09\u002F2026\u003C\u002Fp>\u003Cp>Data de pagamento\u003C\u002Fp>\u003Cp>18\u002F09\u002F2026\u003C\u002Fp>\u003Cp>Rendimento por cota\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1,237 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Csup> 1. \u003C\u002Fsup> Quantidade de cotas aptas a receberem os rendimentos distribuídos.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_2_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> P R I N C I P A I S I N D I C A D O R E S \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cb> Imóveis prontos \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> ABL Total¹ \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> WAULT² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Volume negociado · Ago\u002F26 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 11 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 188.527 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 8,0 anos \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1,226 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Rendimento no mês \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Valor Patrimonial \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Vacância física e financeira \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Volume negociado · média 12m \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1,237 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>valor por cota\u003C\u002Fp>\u003Cp>\u003Cb> R$ 183,67 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>valor por cota\u003C\u002Fp>\u003Cp>\u003Cb> 0% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> R$ 1,47 mm \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Csup> 1. \u003C\u002Fsup> A ABL do FII é de 188.527 m²; a área total dos terrenos soma ~795.607 m², possibilitando futuras expansões.\u003C\u002Fp>\u003Cp>\u003Csup> 2. \u003C\u002Fsup> 2. WAULT: média ponderada do prazo dos contratos de aluguel pela receita contratada.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_3_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>- PRINCIPAIS INDICADORES\u003C\u002Fh5>\u003Ch4>Geografia dos ativos % da receita imobiliária mensal \u003Cb> BA \u003C\u002Fb> 5% MT 24% \u003Cb> ES \u003C\u002Fb> 8% MG 10% \u003Cb> PR \u003C\u002Fb> 3% SC 25%\u003C\u002Fh4>\u003Ch5>Locatários\u003C\u002Fh5>\u003Cp>% da receita imobiliária mensal\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_3_Figure_7.jpeg\">\u003C\u002Fp>\u003Ch5>Vencimento dos contratos\u003C\u002Fh5>\u003Cp>% da receita contratada\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_3_Figure_10.jpeg\">\u003C\u002Fp>\u003Ch5>Setor de atuação\u003C\u002Fh5>\u003Cp>% da receita imobiliária mensal\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_3_Figure_13.jpeg\">\u003C\u002Fp>\u003Ch5>Tipo do galpão\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_3_Figure_15.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_4_Picture_1.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_4_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> P R I N C I P A I S I N D I C A D O R E S \u003C\u002Fb>\u003C\u002Fh5>\u003Ch5>\u003Cb> Tipologia dos contratos \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>% da receita imobiliária mensal\u003C\u002Fp>\u003Cp>\u003Cb> A T Í P I C O \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> 100% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>da receita imobiliária mensal\u003C\u002Fp>\u003Ch5>\u003Cb> Mês de reajuste Indexador \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>% da receita imobiliária mensal\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_4_Figure_11.jpeg\">\u003C\u002Fp>\u003Cp>\u002F&gt;\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_4_Figure_14.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Distribuição do Fundo por Cota¹ \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>valores em reais (R$)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_4_Figure_17.jpeg\">\u003C\u002Fp>\u003Cp>\u003Csup> 1. \u003C\u002Fsup> Valores de acordo com o mês de competência. O pagamento é feito no mês posterior.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_5_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> D E M O N S T R A Ç Ã O D E R E S U L T A D O S \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>No semestre, deverá ser distribuído montante superior a 95% dos lucros apurados segundo o regime de caixa, para evidenciar a conformidade da política de distribuição do Fundo com a legislação vigente (Art. 10 da Lei 8.668\u002F93), que determina a distribuição de, no mínimo, 95% do resultado financeiro semestral.\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Valores em reais: R$\u003C\u002Fth>\u003Cth>ago\u002F26\u003C\u002Fth>\u003Cth>2026\u003C\u002Fth>\u003Cth>6 Meses\u003C\u002Fth>\u003Cth>12 Meses\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas Operacionais\u003C\u002Ftd>\u003Ctd>7.232.397\u003C\u002Ftd>\u003Ctd>57.311.614\u003C\u002Ftd>\u003Ctd>43.115.522\u003C\u002Ftd>\u003Ctd>82.945.351\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas Financeiras Líquidas\u003C\u002Ftd>\u003Ctd>111.647\u003C\u002Ftd>\u003Ctd>922.069\u003C\u002Ftd>\u003Ctd>677.307\u003C\u002Ftd>\u003Ctd>1.411.308\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas Totais\u003C\u002Ftd>\u003Ctd>7.344.043\u003C\u002Ftd>\u003Ctd>58.233.683\u003C\u002Ftd>\u003Ctd>43.792.829\u003C\u002Ftd>\u003Ctd>84.356.659\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Administração\u003C\u002Ftd>\u003Ctd>(214.118)\u003C\u002Ftd>\u003Ctd>(1.652.565)\u003C\u002Ftd>\u003Ctd>(1.244.200)\u003C\u002Ftd>\u003Ctd>(2.448.773)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas (Despesas) Operacionais\u003C\u002Ftd>\u003Ctd>(83.344)\u003C\u002Ftd>\u003Ctd>(701.162)\u003C\u002Ftd>\u003Ctd>(600.894)\u003C\u002Ftd>\u003Ctd>(1.135.053)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas Operacionais Totais\u003C\u002Ftd>\u003Ctd>(297.463)\u003C\u002Ftd>\u003Ctd>(2.353.727)\u003C\u002Ftd>\u003Ctd>(1.845.094)\u003C\u002Ftd>\u003Ctd>(3.583.826)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Operacional\u003C\u002Ftd>\u003Ctd>7.046.581\u003C\u002Ftd>\u003Ctd>55.879.956\u003C\u002Ftd>\u003Ctd>41.947.735\u003C\u002Ftd>\u003Ctd>80.772.832\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ajustes\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Operacional Ajustado\u003C\u002Ftd>\u003Ctd>7.046.581\u003C\u002Ftd>\u003Ctd>55.879.956\u003C\u002Ftd>\u003Ctd>41.947.735\u003C\u002Ftd>\u003Ctd>80.772.832\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cotas Atribuíveis\u003C\u002Ftd>\u003Ctd>5.563.127\u003C\u002Ftd>\u003Ctd>5.563.127\u003C\u002Ftd>\u003Ctd>5.563.127\u003C\u002Ftd>\u003Ctd>5.563.127\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Valor Distribuível Ajustado por Cota\u003C\u002Ftd>\u003Ctd>1,267\u003C\u002Ftd>\u003Ctd>10,045\u003C\u002Ftd>\u003Ctd>7,540\u003C\u002Ftd>\u003Ctd>15,017\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Valor Distribuído por cota\u003C\u002Ftd>\u003Ctd>1,237\u003C\u002Ftd>\u003Ctd>9,844\u003C\u002Ftd>\u003Ctd>7,394\u003C\u002Ftd>\u003Ctd>14,684\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>% Distribuído no Período\u003C\u002Ftd>\u003Ctd>97,7%\u003C\u002Ftd>\u003Ctd>98,0%\u003C\u002Ftd>\u003Ctd>98,1%\u003C\u002Ftd>\u003Ctd>97,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u002F&gt;\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> P O R T F Ó L I O A T U A L \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_4.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> Belo Horizonte \u002F MG \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>JBS \u002F Seara\u003C\u002Fp>\u003Cp>\u003Cb> 10.808 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_9.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_10.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Vitória da Conquista \u002F BA \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Centro de Distribuição - BTS Centro de Distribuição - BTS Centro de Distribuição - BTS Centro de Distribuição - BTS Centro de Distribuição - BTS\u003C\u002Fp>\u003Cp>JBS \u002F Seara\u003C\u002Fp>\u003Cp>\u003Cb> 5.698 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_15.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_16.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Arujá \u002F SP \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003C\u002Fp>\u003Cp>Aurora\u003C\u002Fp>\u003Cp>\u003Cb> 23.426 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_21.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_22.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Cuiabá \u002F MT \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003C\u002Fp>\u003Cp>Emergentcold LatAm\u003C\u002Fp>\u003Cp>\u003Cb> 21.685 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_27.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_28.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Lucas do Rio Verde \u002F MT \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003C\u002Fp>\u003Cp>Emergentcold LatAm\u003C\u002Fp>\u003Cp>\u003Cb> 24.705 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_33.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_34.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> Itajaí¹ \u002F SC \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>ZF Log\u003C\u002Fp>\u003Cp>\u003Cb> 54.302 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_39.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_40.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Conde \u002F PB \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003C\u002Fp>\u003Cp>Friopeças\u003C\u002Fp>\u003Cp>\u003Cb> 10.981 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_45.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_46.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Viana \u002F ES \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003C\u002Fp>\u003Cp>Extrafruti\u003C\u002Fp>\u003Cp>\u003Cb> 17.608 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_51.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_52.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Querência \u002F MT \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Centro de Distribuição - BTS Centro de Distribuição - BTS Centro de Distribuição - BTS Centro de Distribuição - BTS Centro de Distribuição - BTS\u003C\u002Fp>\u003Cp>Luft\u003C\u002Fp>\u003Cp>\u003Cb> 11.047 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_57.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_58.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> Quatro Barras \u002F PR \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003C\u002Fp>\u003Cp>Trèves do Brasil\u003C\u002Fp>\u003Cp>\u003Cb> 8.294 m² \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_6_Picture_63.jpeg\">\u003C\u002Fp>\u003Cp>\u002F&gt;\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_7_Picture_1.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_7_Picture_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> D I S C L A I M E R \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>As informações contidas nesta apresentação não podem ser consideradas como única fonte de informações no processo decisório do investidor, que, antes de tomar qualquer decisão, deverá realizar uma avaliação minuciosa do produto e respectivos riscos, face aos seus objetivos pessoais e ao seu perfil de risco (\"Suitability\"). RENTABILIDADE PASSADA NÃO REPRESENTA GARANTIA DE RENTABILIDADE FUTURA. Assim, não é possível prever o desempenho futuro de um investimento a partir da variação de seu valor de mercado no passado. FUNDOS DE INVESTIMENTO NÃO CONTAM COM GARANTIA DO ADMINISTRADOR, DO GESTOR OU DE QUALQUER MECANISMO DE SEGURO OU FUNDO GARANTIDOR DE CRÉDITO – FGC. Sugerimos a leitura do regulamento antes de tomar decisões de investimentos no fundo.\u003C\u002Fp>\u003Cp>Raizz Renda Logística FII 8\u003C\u002Fp>\u003Ch3>\u003Cb> Contato \u003C\u002Fb>\u003C\u002Fh3>\u003Ch5>\u003Cb> VISI TE \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>www.raizzcapital.com.br contato@raizzcapital.com.br\u003C\u002Fp>\u003Ch5>\u003Cb> TE L EF ON E S \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>+55 (31) 3183-0995\u003C\u002Fp>\u003Ch5>\u003Cb> E ND E RE ÇO \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Av. Getúlio Vargas, 258 Funcionários | CEP 30112-020 Belo Horizonte | MG | Brasil\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_8_Picture_7.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F21844\u002F_page_8_Picture_8.jpeg\">\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FRZZR11\u002Fdocumentos\u002F21844\u002Fpdf",false,"https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1341502","2026-08-31","2026-10-06 19:59:00",1,{"title":17,"description":18,"canonical":19,"image":20,"json_ld":21,"nome":46,"resumo":87},"Relatório Gerencial RZZR11 de agosto de 2026 | Kartac","Relatório Gerencial de agosto de 2026 do RZZR11 (Raizz Renda Logística), entrega em 06\u002F10\u002F2026. DY 12 meses de 10,71% e P\u002FVP 0,69 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRZZR11\u002Fdocumentos\u002F21844","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":22,"@graph":23},"https:\u002F\u002Fschema.org",[24,30,35,44,58,73],{"@type":25,"@id":26,"name":27,"url":28,"logo":29},"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":31,"@id":32,"name":27,"url":28,"inLanguage":33,"publisher":34},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":26},{"@type":36,"@id":37,"url":19,"name":17,"description":18,"inLanguage":33,"isPartOf":38,"dateModified":39,"mainEntity":40,"breadcrumb":42},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRZZR11\u002Fdocumentos\u002F21844#pagina",{"@id":32},"2026-11-05",{"@id":41},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRZZR11\u002Fdocumentos\u002F21844#documento",{"@id":43},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRZZR11\u002Fdocumentos\u002F21844#migalhas",{"@type":45,"@id":41,"name":46,"alternateName":5,"url":19,"inLanguage":33,"about":47,"genre":7,"datePublished":49,"temporalCoverage":50,"author":51,"publisher":57,"isBasedOn":12},"Report","Relatório Gerencial RZZR11 de agosto de 2026",{"@id":48},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRZZR11#fundo","2026-10-06","2026-08",{"@type":25,"name":52,"identifier":53},"BTG PACTUAL SERVICOS FINANCEIROS S.A. DISTRIBUIDOR",{"@type":54,"propertyID":55,"value":56},"PropertyValue","CNPJ","59.281.253\u002F0001-23",{"@type":25,"name":52},{"@type":59,"@id":48,"name":60,"alternateName":61,"url":64,"category":65,"identifier":66,"provider":71},"InvestmentFund","Raizz Renda Logística",[62,63],"RZZR11","RAIZZ RENDA LOGÍSTICA FUNDO DE INVESTIMENTO IMOBILIÁRIO RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRZZR11","Logística",[67,69],{"@type":54,"propertyID":68,"value":62},"Ticker B3",{"@type":54,"propertyID":55,"value":70},"35.652.278\u002F0001-28",{"@type":25,"name":52,"identifier":72},{"@type":54,"propertyID":55,"value":56},{"@type":74,"@id":43,"itemListElement":75},"BreadcrumbList",[76,79,83,85],{"@type":77,"position":15,"name":78,"item":28},"ListItem","Início",{"@type":77,"position":80,"name":81,"item":82},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":77,"position":84,"name":62,"item":64},3,{"@type":77,"position":86,"name":5,"item":19},4,{"atualizado_em":39,"frases":88},[89,90,91,92,93],"Relatório Gerencial do Raizz Renda Logística (RZZR11), fundo imobiliário de logística, referente a agosto de 2026, com entrega no FundosNet (B3) em 06\u002F10\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do RZZR11 fechou a R$ 126,10, com P\u002FVP de 0,69 (valor patrimonial de R$ 183,79 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 1,237 por cota, com pagamento em out\u002F2026, e o dividend yield dos últimos 12 meses é de 10,71% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 1 bilhão no informe mensal de setembro de 2026.","Os indicadores são os mais recentes da base do Kartac, não os do período do documento.",{"id":95,"empresa":96,"gestor":100,"cotacoes":106,"patrimonio":220,"vpa":221,"p_vpa":222,"tipo_gestao":223,"mandato":224,"segmento":65,"categoria":225,"grupo":65,"preco_atual":218,"cotacao_atualizada_em":226,"ultima_variacao_cotacao_24h":227,"variacao_cotacao_7d":228,"variacao_cotacao_1m":229,"variacao_cotacao_3m":230,"variacao_cotacao_6m":231,"variacao_cotacao_12m":232,"vacancia_fisica":233,"liquidez_atual":234,"ultimo_dividendo":235,"ultimo_dividend_yield":236,"mes_pagamento_ultimo_dividendo":237,"dividend_yield_3m":238,"dividend_yield_6m":239,"dividend_yield_12m":240,"dividend_yield_medio_12m":241,"qtd_dividendos_pagos_ano_passado":242,"data_ultima_cotacao":216,"pregoes_com_negocio_21":243,"alertas":244,"updated_at":245,"liquidez_media_reais":246,"administrador":52,"taxa_administracao_paga":247,"balanco":248,"resultado_distribuido":255,"publico_alvo":258,"mercados_negociacao_cotas":259,"data_funcionamento":261,"data_final":224,"quantidade_cotas":262,"quantidade_cotistas":263,"detalhes_cotistas":264,"total_investido":266,"investimentos_fundo":267,"imoveis":268,"contratos":344,"custodiante":385,"auditor_independente":391,"formador_mercado":224,"distribuidor_cotas":398,"consultor_especializado":224,"administrador_locacoes":224,"relatorio_anual":399,"analise_administrador":402},468,{"nome":63,"nome_simplificado":97,"nome_comercial":60,"ticker":62,"nome_ticker":98,"nome_pregao":99,"cnpj":70},"RAIZZ RENDA LOGÍSTICA  RESPONSABILIDADE LIMITADA","RZZR11 - RAIZZ RENDA LOGÍSTICA FUNDO DE INVESTIMENTO IMOBILIÁRIO RESPONSABILIDADE LIMITADA","FII RZZR",{"id":101,"nome":52,"cnpj":102,"endereco":103,"telefone":104,"created_at":105,"updated_at":105},20,"59281253000123","PR BOTAFOGO, 501, 5 AND - PARTE - BOTAFOGO, RIO DE JANEIRO - RJ - 22250-040","(21) 32629600","2026-10-03T18:51:20.000000Z",[107,112,118,124,128,133,139,145,150,156,162,168,173,179,185,191,197,203,209,214],{"id":108,"data":49,"abertura":109,"ultimo":110,"volume":111},3288920,131.99,129.52,248,{"id":113,"data":114,"abertura":115,"ultimo":116,"volume":117},3289456,"2026-10-07",131.94,129.71,855,{"id":119,"data":120,"abertura":121,"ultimo":122,"volume":123},3290180,"2026-10-08",132.49,134.4,714,{"id":125,"data":126,"abertura":122,"ultimo":122,"volume":127},3291177,"2026-10-09",56,{"id":129,"data":130,"abertura":131,"ultimo":122,"volume":132},3357123,"2026-10-13",134.39,92,{"id":134,"data":135,"abertura":136,"ultimo":137,"volume":138},3375817,"2026-10-14",134.68,134.67,337,{"id":140,"data":141,"abertura":142,"ultimo":143,"volume":144},3376035,"2026-10-15",132.05,130.05,228,{"id":146,"data":147,"abertura":148,"ultimo":148,"volume":149},3377081,"2026-10-16",132.9,13,{"id":151,"data":152,"abertura":153,"ultimo":154,"volume":155},3444957,"2026-10-19",134.1,131.51,30,{"id":157,"data":158,"abertura":159,"ultimo":160,"volume":161},3446544,"2026-10-20",134.28,134.63,962,{"id":163,"data":164,"abertura":165,"ultimo":166,"volume":167},3459822,"2026-10-21",131.56,132.99,4347,{"id":169,"data":170,"abertura":171,"ultimo":172,"volume":127},3473616,"2026-10-22",130.33,131,{"id":174,"data":175,"abertura":176,"ultimo":177,"volume":178},3488170,"2026-10-23",130.01,130.5,152,{"id":180,"data":181,"abertura":182,"ultimo":183,"volume":184},3566146,"2026-10-26",129.87,129.43,236,{"id":186,"data":187,"abertura":188,"ultimo":189,"volume":190},3580023,"2026-10-27",129.45,131.47,61,{"id":192,"data":193,"abertura":194,"ultimo":195,"volume":196},3594345,"2026-10-28",127.02,128.25,200,{"id":198,"data":199,"abertura":200,"ultimo":201,"volume":202},3609191,"2026-10-29",128.22,129.82,705,{"id":204,"data":205,"abertura":206,"ultimo":207,"volume":208},3624758,"2026-10-30",129.69,129.55,243,{"id":210,"data":211,"abertura":194,"ultimo":212,"volume":213},3682101,"2026-11-03",125.51,55,{"id":215,"data":216,"abertura":217,"ultimo":218,"volume":219},3695719,"2026-11-04",126,126.1,268,1030241946.34,183.79,"0.69","Ativa",null,"Tijolo","2026-11-05 09:00","0.0047","-0.0287","-0.0264","-0.0187","-0.0615","-0.0659","0.00035",26,"1.2370","0.0092","Out\u002F2026","0.0196","0.0490","0.1071","0.0084",12,21,[],"05\u002F11\u002F2026 06:00",64469.59,0.00234571393406265,{"data_referencia":249,"ativo":250,"passivo":251,"obrigacoes_imoveis":252,"obrigacoes_securitizacao":252,"liquidez":253,"valores_receber":254},"2026-09-01",1033341686.9,3099740.56,0,10279240.98,9513729.21,{"data_referencia":256,"resultado":257,"rendimentos":257,"percentual":15},"2026-06-30",41796202.4,"Investidor Qualificado",[260],"Bolsa","2020-09-09",5605574,588,{"Pessoa Física":265,"Investidores não residentes":80,"Pessoa jurídica não financeira":15},585,1013548716.71,{"Imóveis para renda":266},{"vacancia_total":269,"lista_imoveis":270,"data_referencia":256,"vacancia_suspeita":11},0.00035073115310904764,[271,279,289,297,304,312,319,326,333,340],{"nome":272,"vacancia":252,"numero_unidades":15,"area":273,"endereco":274,"percentual_inadimplencia":252,"percentual_receitas":275,"inquilinos":276,"ocupacao":15},"CENTRO DE ARMAZENAMENTO E DISTRIBUICAO DA AURORA",191766920,"Avenida Pl Do Brasil, 3001, Sem Complemento, Fontes, Aruja\u002FSP, Brasil, 07415-000",0.13494089637344,[277],{"setor":278,"percentual_receita_imovel":15,"percentual_receita_fii":275},"Alimentos Processados",{"nome":280,"vacancia":281,"numero_unidades":84,"area":282,"endereco":283,"percentual_inadimplencia":252,"percentual_receitas":284,"inquilinos":285,"ocupacao":288},"Imovel Itajai - SC",0.32011981188223,210609,"Rua Jose Lana, 850, Sem Complemento, Brilhante I, Itajai\u002FSC, Brasil, 88318-290",0.11927296427281,[286],{"setor":287,"percentual_receita_imovel":15,"percentual_receita_fii":284},"Transporte",0.6798801881177701,{"nome":290,"vacancia":252,"numero_unidades":15,"area":291,"endereco":292,"percentual_inadimplencia":252,"percentual_receitas":293,"inquilinos":294,"ocupacao":15},"Imovel - Lucas Rio Verde",100000,"Setor 2, Setor 2, S\u002Fn, Lote 08b3, Setor 2, Lucas Do Rio Verde\u002FMT, Brasil, 78455-000",0.07540333255549,[295],{"setor":296,"percentual_receita_imovel":15,"percentual_receita_fii":293},"Outros",{"nome":298,"vacancia":252,"numero_unidades":15,"area":299,"endereco":300,"percentual_inadimplencia":252,"percentual_receitas":301,"inquilinos":302,"ocupacao":15},"Imovel - Cuiaba",21870,"Rodovia Dos Imigrantes, Km 501, Sem Complemento, Distrito Industrial, Cuiaba\u002FMT, Brasil, 78098-325",0.06004633488604,[303],{"setor":296,"percentual_receita_imovel":15,"percentual_receita_fii":301},{"nome":305,"vacancia":252,"numero_unidades":15,"area":306,"endereco":307,"percentual_inadimplencia":252,"percentual_receitas":308,"inquilinos":309,"ocupacao":15},"Imovel Viana",15037,"Estrada Ladeira Grande, S\u002Fn, Área 01-a, Parque Industrial, Viana\u002FES, Brasil, 29136-537",0.05080489849744,[310],{"setor":311,"percentual_receita_imovel":15,"percentual_receita_fii":308},"Comércio e Distribuição",{"nome":313,"vacancia":252,"numero_unidades":15,"area":314,"endereco":315,"percentual_inadimplencia":252,"percentual_receitas":316,"inquilinos":317,"ocupacao":15},"CD Seara Ribeirao das Neves - R2MN",36250,"Rua Alexandre Barreto Cavalcante, 74, Lote 01b Quadra 07, Alterosa, Ribeirao Das Neves\u002FMG, Brasil, 33821-105",0.03197887972519,[318],{"setor":278,"percentual_receita_imovel":15,"percentual_receita_fii":316},{"nome":320,"vacancia":252,"numero_unidades":15,"area":321,"endereco":322,"percentual_inadimplencia":252,"percentual_receitas":323,"inquilinos":324,"ocupacao":15},"Imovel Vitoria da Conquista",20000,"Avenida Anel De Contorno, S\u002Fn, Lote J-13b, Ayrton Senna, Vitoria Da Conquista\u002FBA, Brasil, 45057-000",0.01782046016832,[325],{"setor":278,"percentual_receita_imovel":15,"percentual_receita_fii":323},{"nome":327,"vacancia":252,"numero_unidades":15,"area":328,"endereco":329,"percentual_inadimplencia":252,"percentual_receitas":330,"inquilinos":331,"ocupacao":15},"Imovel Querencia",5716,"Estrada R-1, Na Esquina Com A Estrada R-4, S\u002Fn, Sem Complemento, , Querencia\u002FMT, Brasil, 78643-000",0.0127601943522,[332],{"setor":287,"percentual_receita_imovel":15,"percentual_receita_fii":330},{"nome":334,"vacancia":252,"numero_unidades":15,"area":335,"endereco":336,"percentual_inadimplencia":252,"percentual_receitas":337,"inquilinos":338,"ocupacao":15},"Imovel Conde - Paraiba",12847,"Km 101, Da Br-101, 101, Sem Complemento, , Conde\u002FPB, Brasil, 58322-000",0.01123182399835,[339],{"setor":311,"percentual_receita_imovel":15,"percentual_receita_fii":337},{"nome":341,"vacancia":252,"numero_unidades":15,"area":342,"endereco":343,"percentual_inadimplencia":252,"percentual_receitas":252,"ocupacao":15},"Galpao - Quatro Barras",38082,"Avenida Prefeito Domingos Mocelin Neto, 2600, 555, Sem Complemento, Borda Do Campo, Quatro Barras\u002FPR, Brasil, 83425-970",{"data_referencia":256,"prazos":345,"indexadores":374,"receita_aluguel_trimestre":380,"valor_imoveis":381,"cap_rate":382,"receita_sobre_mercado":383,"aluguel_m2_mes":224,"area_ocupada":384},[346,348,350,352,354,356,358,360,362,364,366,368,370,372],{"faixa":347,"percentual":252},"Até 3 meses",{"faixa":349,"percentual":252},"3 a 6 meses",{"faixa":351,"percentual":252},"6 a 9 meses",{"faixa":353,"percentual":252},"9 a 12 meses",{"faixa":355,"percentual":252},"12 a 15 meses",{"faixa":357,"percentual":252},"15 a 18 meses",{"faixa":359,"percentual":252},"18 a 21 meses",{"faixa":361,"percentual":252},"21 a 24 meses",{"faixa":363,"percentual":252},"24 a 27 meses",{"faixa":365,"percentual":252},"27 a 30 meses",{"faixa":367,"percentual":252},"30 a 33 meses",{"faixa":369,"percentual":252},"33 a 36 meses",{"faixa":371,"percentual":15},"Acima de 36 meses",{"faixa":373,"percentual":252},"Indeterminado",[375,378],{"nome":376,"percentual":377},"IPCA",0.644464,{"nome":296,"percentual":379},0.355536,21152519.45,1011117009.31,0.08368,0.119698,192159911,{"id":386,"nome":387,"cnpj":388,"endereco":389,"telefone":104,"created_at":390,"updated_at":390},5,"BANCO BTG PACTUAL S A","30306294000145","PR BOTAFOGO, 501, BLII SLO 501 BLC II SAL 601 - BOTAFOGO, RIO DE JANEIRO - RJ - 22250-911","2026-10-03T18:47:06.000000Z",{"id":392,"nome":393,"cnpj":394,"endereco":395,"telefone":396,"created_at":397,"updated_at":397},89,"DELOITTE TOUCHE TOHMATSU INTERNATIO","49928567000111","Avenida Doutor Chucri Zaidan, 1240, São Paulo, São Paulo, 04711-130","(11) 5186-1000","2026-10-03T18:57:23.000000Z",{"id":101,"nome":52,"cnpj":102,"endereco":103,"telefone":104,"created_at":105,"updated_at":105},{"ano_referencia":400,"data_disponibilizacao":401},"2026","2026-09-29",{"ResultadoFundo":403,"ConjunturaEconomica":404,"PerspectivaPeriodoSeguinte":405},"O Fundo encerrou o exercício social em linha com sua estratégia de investimentos, conforme detalhado no informe mensal de junho de 2026","No período, o mercado imobiliário e os fundos de investimento imobiliário (FIIs) operaram em um ambiente desafiador, marcado pela manutenção de taxas de juros em patamares elevados, o que impactou a atratividade relativa do setor e levou os investidores a adotarem uma postura mais cautelosa e seletiva. Apesar desse cenário, os fundamentos do mercado imobiliário permaneceram resilientes, especialmente em ativos com capacidade de geração recorrente de renda e características de maior qualidade.","Para o próximo período, espera-se que o mercado imobiliário mantenha desempenho resiliente, embora ainda influenciado pelo cenário de juros elevados e condições de crédito mais restritivas. A expectativa é de gradual melhora das condições de mercado, o que poderá favorecer a atividade do setor e a valorização dos ativos imobiliários."]