[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"documento:TEPP11:11393":3,"seo:\u002Fdetalhes\u002FTEPP11\u002Fdocumentos\u002F11393":16,"fii-documento:TEPP11":96},{"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},11393,"(TEPP) Relatório Gerencial - 31\u002F03\u002F2026","Relatório Gerencial","Relatórios","(Ativo)","\u003Ch3>TELLUS PROPERTIES FII TEPP11\u003C\u002Fh3>\u003Cp>RELATÓRIO MENSAL Março | 2026\u003C\u002Fp>\u003Ch3>SUMÁRIO\u003C\u002Fh3>\u003Cul>\u003Cli>RESULTADO DO FUNDO 3\u003C\u002Fli>\u003Cli>PALAVRA DO GESTOR 4\u003C\u002Fli>\u003Cli>DISTRIBUIÇÃO E PERFORMANCE 5\u003C\u002Fli>\u003Cli>PORTFOLIO 6\u003C\u002Fli>\u003Cli>DEMONSTRAÇÕES FINANCEIRAS 9\u003C\u002Fli>\u003Cli>FLUXO DE CAIXA 10\u003C\u002Fli>\u003Cli>PORTFÓLIO – VISÃO CONSOLIDADA 11\u003C\u002Fli>\u003Cli>PORTFÓLIO – INDICADORES OPERACIONAIS 12\u003C\u002Fli>\u003Cli>MERCADO SECUNDÁRIO 15\u003C\u002Fli>\u003Cli>RENTABILIDADE 16\u003C\u002Fli>\u003Cli>LINHA DO TEMPO – A UISI ÕES E VENDAS 17\u003C\u002Fli>\u003Cli>A GESTORA TELLUS 18\u003C\u002Fli>\u003Cli>GLOSSÁRIO 20\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_2_image_0.jpg\">\u003C\u002Fp>\u003Cp>TELLUS PROPERTIES FII\u003C\u002Fp>\u003Ch3>CARACTERÍSTICAS DO FUNDO\u003C\u002Fh3>\u003Cp>\u003Cstrong>TICKER\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>TEPP11\u003C\u002Fp>\u003Cp>\u003Cstrong>GESTOR\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Tellus Investimentos e Consultoria Ltda.\u003C\u002Fp>\u003Cp>\u003Cstrong>ADMINISTRADOR\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>BTG Pactual Serviços Financeiros S.A. Distribuidora de Títulos e Valores Mobiliários.\u003C\u002Fp>\u003Cp>\u003Cstrong>CNPJ\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>26.681.370\u002F0001 - 25\u003C\u002Fp>\u003Cp>\u003Cstrong>AUDITOR\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Ernest & Young Auditores Independentes\u003C\u002Fp>\u003Cp>\u003Cstrong>INÍCIO DAS NEGOCIAÇÕES NA B3\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>26\u002F09\u002F2019\u003C\u002Fp>\u003Cp>\u003Cstrong>TAXA DE GESTÃO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>0,90% a 1% a.a.\u003C\u002Fp>\u003Cp>\u003Cstrong>TAXA DE ADMINISTRAÇÃO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>0,13% a.a.\u003C\u002Fp>\u003Cp>\u003Cstrong>TRIBUTAÇÃO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Conforme Regulamento, Prospecto do Fundo, e l i º 8.668\u002F93 º 9.779\u002F1999\u003C\u002Fp>\u003Ch3>SOBRE O FUNDO\u003C\u002Fh3>\u003Cp>O TEPP 11 é f d d l ti f d d i i i ó i b l li d , t i l d t f ã melhorias . O processo de transformação envolve mapear o potencial do edifício, considerando fatores como valor médio de aluguel, serviços oferecidos aos usuários, acessibilidade e benfeitorias que possam agregar valor ao ativo, gerando incremento de receita para o fundo . Esse processo é conduzido pela Gestão, que considera sempre os custos, prazos e etapas das melhorias, que muitas vezes incluem obras . A Gestão busca detalhar o processo de maneira transparente, apresentando o andamento de cada ação .\u003C\u002Fp>\u003Ch3>INDICADORES GERAIS\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Patrimônio Líquido\u003C\u002Fth>\u003Cth>Valor de Mercado\u003C\u002Fth>\u003Cth>Dividend Yield (Mensal)\u003C\u002Fth>\u003Cth>P\u002FVP\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>R$ 480.723.366,99\u003C\u002Ftd>\u003Ctd>R$ 460.445.045,44\u003C\u002Ftd>\u003Ctd>1,44%\u003C\u002Ftd>\u003Ctd>0,9 4\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cota Patrimonial\u003C\u002Ftd>\u003Ctd>Cota de Mercado\u003C\u002Ftd>\u003Ctd>Dividend Yield (Anualizado)\u003C\u002Ftd>\u003Ctd>Volume Diário Médio Negociado (30 dias)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,69\u003C\u002Ftd>\u003Ctd>R$ 9,11\u003C\u002Ftd>\u003Ctd>18,72%\u003C\u002Ftd>\u003Ctd>R$ 2.222.930\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>INDICADORES OPERACIONAIS\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Nº Ativos\u003C\u002Ftd>\u003Ctd>ABL (m²)\u003C\u002Ftd>\u003Ctd>Vacância Física\u003C\u002Ftd>\u003Ctd>Nº de Cotistas\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>6\u003C\u002Ftd>\u003Ctd>52.514\u003C\u002Ftd>\u003Ctd>5,11%\u003C\u002Ftd>\u003Ctd>40.600\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Nº Locatários\u003C\u002Ftd>\u003Ctd>WAULT (Anos)\u003C\u002Ftd>\u003Ctd>Vacância Financeira\u003C\u002Ftd>\u003Ctd>Valor do Ativo por m² (Mercado)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>47\u003C\u002Ftd>\u003Ctd>5,1\u003C\u002Ftd>\u003Ctd>4,86%\u003C\u002Ftd>\u003Ctd>R$ 11.539\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Assista a leitura do relatório feito pela Gestão no canal da Tellus , do YouTube, ou pelo Spotify .\u003C\u002Fp>\u003Cp>Visite o novo site do TEPP11 clicando aqui\u003C\u002Fp>\u003Ch3>LEITURA DE MERCADO\u003C\u002Fh3>\u003Cp>Os \u003Cstrong>mercados globais\u003C\u002Fstrong> mantiveram elevada volatilidade em março, com o noticiário geopolítico no Oriente Médio pressionando o preço do petróleo e reabrindo o debate sobre riscos inflacionários . Nesse contexto, o Federal Reserve manteve os juros inalterados em 3,50 %–3,75 % na reunião de 18\u002F03 e reforçou uma condução “dependente de dados”, reconhecendo que o cenário externo adiciona incerteza à trajetória de inflação e atividade .\u003C\u002Fp>\u003Cp>No \u003Cstrong>Brasil\u003C\u002Fstrong>, a inflação acelerou no mês : o IPCA avançou 0 ,88 % em março, levando o acumulado em 12 meses para 4 ,14% (acima dos 3,81% observados até fevereiro) . No campo monetário, o Copom iniciou o ciclo de flexibilização e reduziu a Selic em 0 ,25 p .p ., para 14,75 % a.a., destacando cautela na calibragem dos próximos passos diante do aumento de incertezas e dos efeitos do cenário externo sobre preços .\u003C\u002Fp>\u003Cp>Em termos de \u003Cstrong>desempenho dos ativos domésticos\u003C\u002Fstrong>, o Ibovespa recuou 0 ,70 % em março e encerrou o mês aos 187.461 ,84 pontos . No câmbio, o dólar fechou a R $ 5,18, com alta mensal de 0 ,87 % , em meio ao aumento do risco global . Por fim, o IFIX registrou queda de 1,06 % no mês e fechou março em 3.871 pontos .\u003C\u002Fp>\u003Ch3>MOMENTO DO FUNDO\u003C\u002Fh3>\u003Cp>O Fundo encerrou o mês de março com a cota avaliada em R $ 9 ,11e realizou a distribuição de dividendos de R $ 0 ,131 por cota, o que representa um Dividend Yield de 1,44 % a.m ., ou 18,72 % a.a. No período, o Fundo ultrapassou a marca de 40 .000 cotistas, alcançando 40 .600 investidores .\u003C\u002Fp>\u003Cp>Durante o mês, o GPA, locatário do Fundo, divulgou Fato Relevante a respeito do protocolo de uma recuperação extrajudicial . Em razão disso, a Gestão publicou um comunicado ao mercado , informando que o inquilino permanece adimplente perante o Fundo e que, até o momento, não há qualquer indício de eventual inadimplência . Além disso, o contrato de locação conta com seguro fiança vigente, bem como outras obrigações e mecanismos voltados à proteção dos interesses do Fundo . O tema também foi abordado na leitura do l tó i i l d f i , di í l l d G tã Y T b\u003C\u002Fp>\u003Cp>Conforme já mencionado, a Gestão segue ativa na prospecção e negociação de novos ativos . As aquisições podem ocorrer de forma estruturada, com parte do pagamento realizada por meio de compensação em cotas e parte em dinheiro . Permanecem em andamento, ainda, as iniciativas voltadas à ocupação das áreas vagas do portfólio, assim como o processo de desinvestimento de ativos performados, como o Edifício Passarelli e o Edifício Torre Sul .\u003C\u002Fp>\u003Cp>Por fim, a Gestão esclarece que o envio dos informes de rendimentos, para fins de declaração de Imposto de Renda, é de responsabilidade do Administrador do Fundo . Em razão da mudança de administrador ocorrida em meados de 2025 , os documentos estão disponíveis para consulta nos portais da APEX e do BTG .\u003C\u002Fp>\u003Cp>DIVIDEND YIELD E DISTRIBUIÇÃO POR COTA\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_4_chart_4.jpg\">\u003C\u002Fp>\u003Cp>Di id d d Equivalente a \u003Cstrong>R$ 0,131\u003C\u002Fstrong> 147,65% \u003Cstrong>p or cota no Mês do CDI líquido¹\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Dividend Yield de 1,44% a.m. ou 18,72% a.a. em relação a cota de fechamento do mês\u003C\u002Fstrong>\u003C\u002Fp>\u003Ch3>PERFORMANCE\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_4_chart_8.jpg\">\u003C\u002Fp>\u003Cp>² Dividendos base mar.\u002F26\u003C\u002Fp>\u003Cp>³ Valor ponderado pelo Patrimônio Líquido\u003C\u002Fp>\u003Cp>A projeção de distribuição divulgada¹\u003C\u002Fp>\u003Cp>¹ Alíquota considerada de 15%\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>DIVIDEND YIELD\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>FUNDO\u003C\u002Ftd>\u003Ctd>% IFIX\u003C\u002Ftd>\u003Ctd>P\u002FVP\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>ANUALIZADO¹\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>0,25%\u003C\u002Ftd>\u003Ctd>0,94\u003C\u002Ftd>\u003Ctd>17,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 1\u003C\u002Ftd>\u003Ctd>0,18%\u003C\u002Ftd>\u003Ctd>0,93\u003C\u002Ftd>\u003Ctd>11,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 2\u003C\u002Ftd>\u003Ctd>0,30%\u003C\u002Ftd>\u003Ctd>0,90\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 3\u003C\u002Ftd>\u003Ctd>0,67%\u003C\u002Ftd>\u003Ctd>0,83\u003C\u002Ftd>\u003Ctd>12,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 4\u003C\u002Ftd>\u003Ctd>0,96%\u003C\u002Ftd>\u003Ctd>0,81\u003C\u002Ftd>\u003Ctd>8,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 5\u003C\u002Ftd>\u003Ctd>1,39%\u003C\u002Ftd>\u003Ctd>0,72\u003C\u002Ftd>\u003Ctd>6,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 6\u003C\u002Ftd>\u003Ctd>0,34%\u003C\u002Ftd>\u003Ctd>0,70\u003C\u002Ftd>\u003Ctd>9,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 7\u003C\u002Ftd>\u003Ctd>0,46%\u003C\u002Ftd>\u003Ctd>0,69\u003C\u002Ftd>\u003Ctd>9,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 8\u003C\u002Ftd>\u003Ctd>0,22%\u003C\u002Ftd>\u003Ctd>0,68\u003C\u002Ftd>\u003Ctd>13,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 9\u003C\u002Ftd>\u003Ctd>0,91%\u003C\u002Ftd>\u003Ctd>0,64\u003C\u002Ftd>\u003Ctd>8,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 10\u003C\u002Ftd>\u003Ctd>0,48%\u003C\u002Ftd>\u003Ctd>0,55\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 11\u003C\u002Ftd>\u003Ctd>0,84%\u003C\u002Ftd>\u003Ctd>0,55\u003C\u002Ftd>\u003Ctd>10,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 12\u003C\u002Ftd>\u003Ctd>0,28%\u003C\u002Ftd>\u003Ctd>0,51\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII 13\u003C\u002Ftd>\u003Ctd>0,23%\u003C\u002Ftd>\u003Ctd>0,44\u003C\u002Ftd>\u003Ctd>13,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>MÉDIA³\u003C\u002Ftd>\u003Ctd>7,49%\u003C\u002Ftd>\u003Ctd>0,68\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>ED. TORRE SUL\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_5_image_3.jpg\">\u003C\u002Fp>\u003Cp>E d : R. J J l , 65 | B i i \u003Cstrong>Participação do Fundo no ativo:\u003C\u002Fstrong> 49,5% ABL d id l F d : 9.950 ² C tifi ã LEED: Pl ti Cl ifi ã d Ati : A\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_5_image_5.jpg\">\u003C\u002Fp>\u003Ch3>SOBRE O ATIVO\u003C\u002Fh3>\u003Cp>O Edifí i T S l é édi ti Cl A, l li d iã B i i, Sã P l integrado ao Complexo Empresarial Nações Unidas (CENU) . Construído em 2004 , possui 16 pavimentos tipo que variam entre i d t 865 ² 1.081 ² ABL . O empreendimento conta com cinco subsolos, ar - condicionado central, piso elevado, forro modular, automação predial e gerador que atende 100 % da difi ã . A t é - di it d 2 ,80 i f t t l t ditó i h li t f i t i t d 24 h, lé di , tá l li d à 800 t d t ã B i i (CPTM\u003C\u002Fp>\u003Ch3>ATUALIZA ÕES DO MÊS\u003C\u002Fh3>\u003Cp>Durante o mês de março foram realizadas pequenas adequações estruturais no ativo .\u003C\u002Fp>\u003Cp>A G tã h d â i d ti , t l t t it i l i d disponível, mantendo atuação ativa na prospecção e condução de negociações com t i i l tá i\u003C\u002Fp>\u003Cp>\u003Cstrong>ED. PASSARELLI\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_5_image_13.jpg\">\u003C\u002Fp>\u003Cp>E d : R. P L , 524 Pinheiros P ti i ã d F d ti : 52,8% ABL d id l F d : 7.130 ² C tifi ã LEED: Pl ti Cl ifi ã d Ati : B\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_5_image_15.jpg\">\u003C\u002Fp>\u003Ch3>SOBRE O ATIVO\u003C\u002Fh3>\u003Cp>I d 1980 , Edifí i P lli é difí i ti Cl B l li d Pi h i São Paulo . O empreendimento possui 17 pavimentos, com lajes de aproximadamente 1.019 m² de ABL por d , bdi idid i t . O difí i conta com ar - condicionado central, sistema de automação predial, gerador para áreas comuns e certificação LEED Platinum, além de um subsolo, estacionamento térreo e três sobressolos .\u003C\u002Fp>\u003Cp>O ti tá i id iã lid d d escritórios, com acesso direto à Estação Pinheiros CPTM\u002FM t ô) i id d i F i Li M i l Pi h i\u003C\u002Fp>\u003Ch3>ATUALIZAÇÕES DO MÊS\u003C\u002Fh3>\u003Cp>No ativo, a Gestão segue avaliando o projeto de it li ã d últi d t ã d novo auditório .\u003C\u002Fp>\u003Cp>N â bit d l õ , t t ti devolução de 3 conjuntos, totalizando 509 m², de um inquilino atualmente inadimplente . A desmobilização deverá ocorrer já com a ocupação desses espaços i ili , l d l l 33 % superior ao atualmente vigente .\u003C\u002Fp>\u003Cp>P fi , f á i d , i é h id d f d i t l de desinvestimento do Fundo . A Gestão ressalta que t l d i ti t á li d caso as premissas de preço e condições sejam aderentes ao valor que entende ser adequado para o i ó l\u003C\u002Fp>\u003Ch3>ED. FUJITSU\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_6_image_3.jpg\">\u003C\u002Fp>\u003Cp>E d : R. T d M i , 1633 P li t P ti i ã d F d ti : 52% ABL d tid l F d : 4.985 ² C tifi ã LEED: G ld Cl ifi ã d A i : B\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_6_image_5.jpg\">\u003C\u002Fp>\u003Ch3>SOBRE O ATIVO\u003C\u002Fh3>\u003Cp>D l id 1994 , Edifí i F it é edifício corporativo Classe B localizado na região d P li t . O di t i 14 i t , l ti d i d t 681 m² de ABL . O edifício conta com ar - di i d l, i l d , é - di i d 2 ,60 , d t di t d á tifi ã LEED G ld\u003C\u002Fp>\u003Cp>O ti tá it d ó i à t õ Brigadeiro e Vergueiro do metrô, ao Shopping Pá i P li i fá il à id P li , 23 d M i , B di d C 9 d J lh\u003C\u002Fp>\u003Ch3>ATUALIZA ÕES DO MÊS\u003C\u002Fh3>\u003Cp>No Fujitsu, a Gestão mantém o foco na locação da á d té , i t ã d t i operador de café ou coworking\u003C\u002Fp>\u003Cp>No âmbito das locações, seguem em tratativas as negociações para a renovação comercial de 5 conjuntos junto à Fujitsu . Reforça - se que, conforme divulgado no mês anterior, o Guidance d di t ib i õ f i t d id eventual locação dessas áreas, o que preserva um viés mais conservador nas projeções .\u003C\u002Fp>\u003Cp>P fi , tã d t t d lt ã d d difí i i l t ã d i ã i l\u003C\u002Fp>\u003Ch3>ED. BRIGADEIRO FARIA LIMA (BFL\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_6_image_15.jpg\">\u003C\u002Fp>\u003Cp>E d : A . B i d i F i Li 1355 F i Li P i i ã d F d i : 25,7% ABL d id l F d : 5.761 ² C tifi ã LEED: E bt ã Cl ifi ã d Ati : B\u003C\u002Fp>\u003Ch3>SOBRE O ATIVO\u003C\u002Fh3>\u003Cp>O Edifí i B i d i F i Li é difí i ti Cl B, l li d iã d F i Lima . Desenvolvido em 1986 , o empreendimento possui 23 pavimentos, com lajes - tipo de i d t 951 ² d ABL . O difí i t di i d t l, i l d , é direito de 2,65 m e gerador com atendimento a 100 % d difi ã\u003C\u002Fp>\u003Cp>Atualmente, encontra - se em processo de obtenção da certificação LEED . A poucos metros dos shoppings Eld d I t i, édi tá it d 350 metros da Estação Faria Lima do metrô, além de t fá il à A id R b à Marginal Pinheiros .\u003C\u002Fp>\u003Ch3>ATUALIZA ÕES DO MÊS\u003C\u002Fh3>\u003Cp>O t d t fit d difí i f d concorrência (bid ) junto a escritórios de arquitetura, t l d lifi ã d á d ã aproveitamento do potencial construtivo e a ã d f h d\u003C\u002Fp>\u003Cp>Além disso, no âmbito das locações, foram iniciadas conversas com um dos inquilinos do prédio com o b ti d i ã d l d l l, b d li h t à di õ t i d d\u003C\u002Fp>\u003Ch3>ED. GPA\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_7_image_3.jpg\">\u003C\u002Fp>\u003Cp>E d : A . B i d i L í A tô i 3172 J di P i i ã d F d i : 100% ABL d tid l F d : 11.224 ² \u003Cstrong>Certificação LEED:\u003C\u002Fstrong> Não possui \u003Cstrong>Classificação do Ativo:\u003C\u002Fstrong> B\u003C\u002Fp>\u003Ch3>SOBRE O ATIVO\u003C\u002Fh3>\u003Cp>O Ed . GPA é difí i ti Cl B á i , t íd dé d d 1990 . O ti tá l li d d i i i i da cidade de São Paulo, na Av . Brigadeiro Luís A tô i , i Al . L . C t ampla oferta de transporte público, estando a aproximadamente 900 metros da estação B i d i d t ô, lé d fá il à i i i id d id d\u003C\u002Fp>\u003Cp>O i ó l tá i id b i J di P li t d i b t di i i d it l paulista . A sede encontra - se ao lado da primeira l d Pã d A ú , i d 1959 histórico relevante para a região .\u003C\u002Fp>\u003Ch3>ATUALIZA ÕES DO MÊS\u003C\u002Fh3>\u003Cp>O Fundo e o locatário seguem em tratativas para a f li ã d t t i (F 2 ) âmbito do contrato de locação .\u003C\u002Fp>\u003Ch3>ED. TOP CENTER\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_7_image_11.jpg\">\u003C\u002Fp>\u003Cp>Endereço: Av. Paulista, 854 | Paulista Participação do Fundo no ativo: 100% ABL detida pelo Fundo: 13.463 m² C tifi ã LEED: Nã i Cl ifi ã d Ati : B\u003C\u002Fp>\u003Ch3>SOBRE O ATIVO\u003C\u002Fh3>\u003Cp>O T C t é l lti t uma Torre Comercial integrada a um Shopping Center, além de um edifício - garagem que atende todo o empreendimento.\u003C\u002Fp>\u003Cp>A T C i l i 17 d , l - ti d i d t 792 ², iti d últi l configurações de ocupação e atendendo a diferentes fi d i ili . Sit d t A . P li t , Al Joaquim Eugênio de Lima e a R . São Carlos do Pinhal, o T C t t d 3 .948 ² t se próximo a importantes eixos de mobilidade urbana : 500 m da estação Brigadeiro, 400 m da Trianon - Masp e 1.300 m da Consolação .\u003C\u002Fp>\u003Ch3>ATUALIZA ÕES DO MÊS\u003C\u002Fh3>\u003Cp>N ti , f t f t d t b lh d t d pela Gestão, estão sendo mapeados pontos críticos id d d i t ã i di t , b t t ã d l d ã ã d i t d t fit d l d . E l l , G tã i i i á t t ti com a atual operadora de estacionamento, buscando contrapartidas para a modernização da garagem e i t d d ã it\u003C\u002Fp>\u003Cp>Nas locações, seguem tratativas com potenciais ocupantes . Para o primeiro andar, foi contratada empresa especializada para adequar a área para formato open space , de modo a ampliar a flexibilidade e facilitar a comercialização .\u003C\u002Fp>\u003Cp>DEMONSTRAÇÃO DE RESULTADO\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Fev\u002F26\u003C\u002Fth>\u003Cth>Fev\u002F26\u003C\u002Fth>\u003Cth>1º Sem. 26\u003C\u002Fth>\u003Cth>YTD\u003C\u002Fth>\u003Cth>12M\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Receita Locação\u003C\u002Ftd>\u003Ctd>(R$\u002Fcota)0,088\u003C\u002Ftd>\u003Ctd>(R$ mil)4.347\u003C\u002Ftd>\u003Ctd>(R$ mil)8.140\u003C\u002Ftd>\u003Ctd>(R$ mil)8.140\u003C\u002Ftd>\u003Ctd>(R$ mil)43.811\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receita Renda Garantida\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receita Financeira\u003C\u002Ftd>\u003Ctd>0,001\u003C\u002Ftd>\u003Ctd>72\u003C\u002Ftd>\u003Ctd>454\u003C\u002Ftd>\u003Ctd>454\u003C\u002Ftd>\u003Ctd>2.377\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outras Receitas\u003C\u002Ftd>\u003Ctd>0,368\u003C\u002Ftd>\u003Ctd>18.242\u003C\u002Ftd>\u003Ctd>18.242\u003C\u002Ftd>\u003Ctd>18.242\u003C\u002Ftd>\u003Ctd>20.146\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Receitas Total\u003C\u002Fth>\u003Cth>0,457\u003C\u002Fth>\u003Cth>22.661\u003C\u002Fth>\u003Cth>26.837\u003C\u002Fth>\u003Cth>26.837\u003C\u002Fth>\u003Cth>66.335\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Despesas Imobiliária\u003C\u002Ftd>\u003Ctd>(0,000)\u003C\u002Ftd>\u003Ctd>(20)\u003C\u002Ftd>\u003Ctd>(32)\u003C\u002Ftd>\u003Ctd>(32)\u003C\u002Ftd>\u003Ctd>(246)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas Financeiras\u003C\u002Ftd>\u003Ctd>(0,020)\u003C\u002Ftd>\u003Ctd>(991)\u003C\u002Ftd>\u003Ctd>(1.348)\u003C\u002Ftd>\u003Ctd>(1.348)\u003C\u002Ftd>\u003Ctd>(7.539)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas Operacionais\u003C\u002Ftd>\u003Ctd>(0,000)\u003C\u002Ftd>\u003Ctd>(14)\u003C\u002Ftd>\u003Ctd>(88)\u003C\u002Ftd>\u003Ctd>(88)\u003C\u002Ftd>\u003Ctd>(1.068)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxas de Gestão, Administração e Escrituração\u003C\u002Ftd>\u003Ctd>(0,008)\u003C\u002Ftd>\u003Ctd>(398)\u003C\u002Ftd>\u003Ctd>(798)\u003C\u002Ftd>\u003Ctd>(798)\u003C\u002Ftd>\u003Ctd>(4.126)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas Total\u003C\u002Ftd>\u003Ctd>(0,029)\u003C\u002Ftd>\u003Ctd>(1.424)\u003C\u002Ftd>\u003Ctd>(2.266)\u003C\u002Ftd>\u003Ctd>(2.266)\u003C\u002Ftd>\u003Ctd>(12.979)\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Resultado\u003C\u002Fth>\u003Cth>0,428\u003C\u002Fth>\u003Cth>21.237\u003C\u002Fth>\u003Cth>24.571\u003C\u002Fth>\u003Cth>24.571\u003C\u002Fth>\u003Cth>57.243\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Resultado Acumulado Não distribuído Inicial\u003C\u002Ftd>\u003Ctd>0,000\u003C\u002Ftd>\u003Ctd>2\u003C\u002Ftd>\u003Ctd>637\u003C\u002Ftd>\u003Ctd>637\u003C\u002Ftd>\u003Ctd>7.875\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Gerado\u003C\u002Ftd>\u003Ctd>0,428\u003C\u002Ftd>\u003Ctd>21.237\u003C\u002Ftd>\u003Ctd>24.571\u003C\u002Ftd>\u003Ctd>24.571\u003C\u002Ftd>\u003Ctd>57.243\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Total - Rendimentos Divulgados\u003C\u002Ftd>\u003Ctd>(0,131)\u003C\u002Ftd>\u003Ctd>(6.475)\u003C\u002Ftd>\u003Ctd>(10.444)\u003C\u002Ftd>\u003Ctd>(10.444)\u003C\u002Ftd>\u003Ctd>(50.354)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Acumulado Não Distribuído Final\u003C\u002Ftd>\u003Ctd>0,298\u003C\u002Ftd>\u003Ctd>14.764\u003C\u002Ftd>\u003Ctd>14.764\u003C\u002Ftd>\u003Ctd>14.764\u003C\u002Ftd>\u003Ctd>14.764\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>COMPOSIÇÃO DA CARTEIRA DO FUNDO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_8_chart_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_9_chart_3.jpg\">\u003C\u002Fp>\u003Cp>FLUXO DE AQUISIÇÕES E VENDAS\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Valor\u003C\u002Fth>\u003Cth>Forma de\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>Parcela\u003C\u002Ftd>\u003Ctd>(R$ milhões)\u003C\u002Ftd>\u003Ctd>Pagamento\u003C\u002Ftd>\u003Ctd>Data\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ed. Brigadeiro Faria Lima\u003C\u002Ftd>\u003Ctd>Aquisição\u003C\u002Ftd>\u003Ctd>- 2,5\u003C\u002Ftd>\u003Ctd>Dinheiro\u003C\u002Ftd>\u003Ctd>set - 26\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ed. Brigadeiro Faria Lima\u003C\u002Ftd>\u003Ctd>Aquisição\u003C\u002Ftd>\u003Ctd>- 1,3\u003C\u002Ftd>\u003Ctd>Dinheiro\u003C\u002Ftd>\u003Ctd>mar - 27\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ed. Top Center\u003C\u002Ftd>\u003Ctd>Aquisição\u003C\u002Ftd>\u003Ctd>- 62,2\u003C\u002Ftd>\u003Ctd>Cotas\u003C\u002Ftd>\u003Ctd>jul - 27\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ed. Brigadeiro Faria Lima\u003C\u002Ftd>\u003Ctd>Aquisição\u003C\u002Ftd>\u003Ctd>- 3,8\u003C\u002Ftd>\u003Ctd>Dinheiro\u003C\u002Ftd>\u003Ctd>set - 27\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ed. Top Center\u003C\u002Ftd>\u003Ctd>Aquisição\u003C\u002Ftd>\u003Ctd>- 29,5\u003C\u002Ftd>\u003Ctd>Dinheiro\u003C\u002Ftd>\u003Ctd>dez - 27\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Não estão sendo consideradas as correções previstas nos recebimentos e pagamentos .\u003C\u002Fp>\u003Cp>A õ i di F d i id d fi i h i t l t i té Agosto de 2027 , sem a necessidade de novas emissões de cotas ou desinvestimento de ativos . Durante esse í d , G tã li d li ã d i ã i d ã t i i l, ibilit d a captação de recursos em um momento mais oportuno . Adicionalmente, parte dos ativos do portfólio já se encontra em estágio de maturação, o que pode viabilizar desinvestimentos estratégicos com geração de caixa para o Fundo .\u003C\u002Fp>\u003Cp>A G tã d t i õ b d fl d i d d t li ã d i , i ã projeções de rendimento e ajustes nos saldos projetados dos passivos do Fundo . Ressalta - se ainda que os valores apresentados referem - se exclusivamente à posição de caixa líquida, desconsiderando ativos ilíquidos, como cotas d f d i biliá i . P fi , õ d ã d l d , f d ã d t té i ê i d t l t\u003C\u002Fp>\u003Cp>\u003Cstrong>CARTEIRA DE ATIVOS E LOCALIZAÇÃO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Ed. Passarelli\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Ed. B i d i F i Li\u003C\u002Fp>\u003Cp>Ed. T C t\u003C\u002Fp>\u003Cp>\u003Cstrong>Ed.GPA\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>O P tf li d TEPP11 tá \u003Cstrong>100% localizado nas principais regiões corporativas de\u003C\u002Fstrong> Sã P l\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Classe do Ativo\u003C\u002Fth>\u003Cth>ABL do Fundo (m²)\u003C\u002Fth>\u003Cth>Vacância Física\u003C\u002Fth>\u003Cth>Vacância Financeira\u003C\u002Fth>\u003Cth>Participação no Portfolio\u003C\u002Fth>\u003Cth>Nº de Locatários\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Torre Sul\u003C\u002Ftd>\u003Ctd>A\u003C\u002Ftd>\u003Ctd>9.950\u003C\u002Ftd>\u003Ctd>5,5%\u003C\u002Ftd>\u003Ctd>1,87%\u003C\u002Ftd>\u003Ctd>18,6%\u003C\u002Ftd>\u003Ctd>10\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Passarelli\u003C\u002Ftd>\u003Ctd>B\u003C\u002Ftd>\u003Ctd>7.130\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>2,69%\u003C\u002Ftd>\u003Ctd>12,7%\u003C\u002Ftd>\u003Ctd>13\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Fujitsu\u003C\u002Ftd>\u003Ctd>B\u003C\u002Ftd>\u003Ctd>4.985\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>0,00%\u003C\u002Ftd>\u003Ctd>8,3%\u003C\u002Ftd>\u003Ctd>3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Brigadeiro Faria Lima\u003C\u002Ftd>\u003Ctd>B\u003C\u002Ftd>\u003Ctd>5.761\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>0,00%\u003C\u002Ftd>\u003Ctd>16,4%\u003C\u002Ftd>\u003Ctd>2\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>GPA\u003C\u002Ftd>\u003Ctd>B\u003C\u002Ftd>\u003Ctd>11.224\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>0,00%\u003C\u002Ftd>\u003Ctd>17,6%\u003C\u002Ftd>\u003Ctd>1\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Top Center\u003C\u002Ftd>\u003Ctd>B\u003C\u002Ftd>\u003Ctd>13.463\u003C\u002Ftd>\u003Ctd>18,2%\u003C\u002Ftd>\u003Ctd>23,99%\u003C\u002Ftd>\u003Ctd>26,4%\u003C\u002Ftd>\u003Ctd>18\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Total\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>52.514\u003C\u002Ftd>\u003Ctd>5,69%\u003C\u002Ftd>\u003Ctd>4,86%\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003Ctd>47\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>RECEITA POR ATIVO (C i )\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_11_chart_4.jpg\">\u003C\u002Fp>\u003Cp>ÍNDICE DE REAJUSTE DOS CONTRATOS\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_11_chart_6.jpg\">\u003C\u002Fp>\u003Cp>WAULT POR ATIVO (Anos)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_11_chart_8.jpg\">\u003C\u002Fp>\u003Cp>RECEITA POR SETOR DE ATIVIDADE DO IN UILINO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_11_chart_10.jpg\">\u003C\u002Fp>\u003Cp>MÊS DE REAJUSTE (% Receita de Aluguel)¹\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_12_chart_4.jpg\">\u003C\u002Fp>\u003Cp>VENCIMENTOS (% Receita de Aluguel)¹\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_12_chart_6.jpg\">\u003C\u002Fp>\u003Cp>VACÂNCIA FÍSICA E FINANCEIRA\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_12_chart_8.jpg\">\u003C\u002Fp>\u003Cp>DISPERSÃO DE REVISIONAIS (Nº de contratos)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_12_chart_10.jpg\">\u003C\u002Fp>\u003Ch3>PASSIVO FINANCEIRO CONTRATADO\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>CRI FUJITSU\u003C\u002Fth>\u003Cth>CRI GPA\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Data de emissão\u003C\u002Ftd>\u003Ctd>jun\u002F21\u003C\u002Ftd>\u003Ctd>dez\u002F24\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Vencimento\u003C\u002Ftd>\u003Ctd>jun\u002F33\u003C\u002Ftd>\u003Ctd>dez\u002F34\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Indexador\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Juros (a.a.)\u003C\u002Ftd>\u003Ctd>6,00%\u003C\u002Ftd>\u003Ctd>8,17%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Periodicidade\u003C\u002Ftd>\u003Ctd>Mensal\u003C\u002Ftd>\u003Ctd>Mensal\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Volume na data de emissão (R$)\u003C\u002Ftd>\u003Ctd>24.750.000\u003C\u002Ftd>\u003Ctd>62.000.000\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Valor atualizado\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(data do pagamento de juros)\u003C\u002Ftd>\u003Ctd>34.007.792\u003C\u002Ftd>\u003Ctd>65.450.293\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Início da amortização\u003C\u002Ftd>\u003Ctd>jul\u002F26\u003C\u002Ftd>\u003Ctd>jan\u002F27\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Nº de parcelas de amortização\u003C\u002Ftd>\u003Ctd>84\u003C\u002Ftd>\u003Ctd>96\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>EVOLUÇÃO DA ALAVANCAGEM FINANCEIRA DO FUNDO (% PL)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_13_chart_6.jpg\">\u003C\u002Fp>\u003Cp>CRONOGRAMA DE AMORTIZAÇÃO DAS DÍVIDAS (R$ Milhões)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_13_chart_8.jpg\">\u003C\u002Fp>\u003Ch3>NEGOCIA ÃO DAS COTAS DO FUNDO NA B3¹\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>INFORMAÇÕES DA B3\u003C\u002Fth>\u003Cth>mar\u002F26\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Valor de Mercado (R$ mil)\u003C\u002Ftd>\u003Ctd>452.010\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Número de Cotistas\u003C\u002Ftd>\u003Ctd>40.600\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Presença Diária em Pregões\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Volume Diário Médio Negociado (R$ mil)\u003C\u002Ftd>\u003Ctd>2.448\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Giro (% de cotas negociadas no mês)\u003C\u002Ftd>\u003Ctd>14%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>COTA ÃO HISTÓRICA E VOLUME NEGOCIADO¹\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_14_chart_6.jpg\">\u003C\u002Fp>\u003Cp>EVOLUÇÃO DA BASE DE COTISTAS\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_14_chart_8.jpg\">\u003C\u002Fp>\u003Cp>P\u002FVP HISTÓRICO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_14_chart_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>RENTABILIDADE HISTÓRICA\u003C\u002Fstrong>\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>2019\u003C\u002Ftd>\u003Ctd>2020\u003C\u002Ftd>\u003Ctd>2021\u003C\u002Ftd>\u003Ctd>2022\u003C\u002Ftd>\u003Ctd>2023\u003C\u002Ftd>\u003Ctd>2024\u003C\u002Ftd>\u003Ctd>2025\u003C\u002Ftd>\u003Ctd>2026\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Janeiro\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,055\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,047\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,064\u003C\u002Ftd>\u003Ctd>0,080\u003C\u002Ftd>\u003Ctd>0,075\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Fevereiro\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,056\u003C\u002Ftd>\u003Ctd>0,045\u003C\u002Ftd>\u003Ctd>0,047\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,064\u003C\u002Ftd>\u003Ctd>0,095\u003C\u002Ftd>\u003Ctd>0,075\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Março\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,045\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,051\u003C\u002Ftd>\u003Ctd>0,100\u003C\u002Ftd>\u003Ctd>0,095\u003C\u002Ftd>\u003Ctd>0,080\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Abril\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,045\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,052\u003C\u002Ftd>\u003Ctd>0,105\u003C\u002Ftd>\u003Ctd>0,095\u003C\u002Ftd>\u003Ctd>0,131\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Maio\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,045\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,055\u003C\u002Ftd>\u003Ctd>0,118\u003C\u002Ftd>\u003Ctd>0,095\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Junho\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,042\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,081\u003C\u002Ftd>\u003Ctd>0,118\u003C\u002Ftd>\u003Ctd>0,110\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Julho\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,052\u003C\u002Ftd>\u003Ctd>0,038\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,058\u003C\u002Ftd>\u003Ctd>0,078\u003C\u002Ftd>\u003Ctd>0,091\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Agosto\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,045\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,058\u003C\u002Ftd>\u003Ctd>0,078\u003C\u002Ftd>\u003Ctd>0,074\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Setembro\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,048\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,058\u003C\u002Ftd>\u003Ctd>0,078\u003C\u002Ftd>\u003Ctd>0,074\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outubro\u003C\u002Ftd>\u003Ctd>0,027\u003C\u002Ftd>\u003Ctd>0,047\u003C\u002Ftd>\u003Ctd>0,048\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,064\u003C\u002Ftd>\u003Ctd>0,078\u003C\u002Ftd>\u003Ctd>0,074\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Novembro\u003C\u002Ftd>\u003Ctd>0,034\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,048\u003C\u002Ftd>\u003Ctd>0,050\u003C\u002Ftd>\u003Ctd>0,064\u003C\u002Ftd>\u003Ctd>0,078\u003C\u002Ftd>\u003Ctd>0,074\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dezembro\u003C\u002Ftd>\u003Ctd>0,055\u003C\u002Ftd>\u003Ctd>0,052\u003C\u002Ftd>\u003Ctd>0,051\u003C\u002Ftd>\u003Ctd>0,051\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003Ctd>0,078\u003C\u002Ftd>\u003Ctd>0,075\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Total\u003C\u002Ftd>\u003Ctd>0,116\u003C\u002Ftd>\u003Ctd>0,610\u003C\u002Ftd>\u003Ctd>0,550\u003C\u002Ftd>\u003Ctd>0,590\u003C\u002Ftd>\u003Ctd>0,730\u003C\u002Ftd>\u003Ctd>1,037\u003C\u002Ftd>\u003Ctd>1,032\u003C\u002Ftd>\u003Ctd>0,361\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Média\u003C\u002Ftd>\u003Ctd>0,290\u003C\u002Ftd>\u003Ctd>0,051\u003C\u002Ftd>\u003Ctd>0,046\u003C\u002Ftd>\u003Ctd>0,049\u003C\u002Ftd>\u003Ctd>0,061\u003C\u002Ftd>\u003Ctd>0,086\u003C\u002Ftd>\u003Ctd>0,086\u003C\u002Ftd>\u003Ctd>0,090\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"3\">\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd colspan=\"9\">CAGR = 17,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>¹ Fonte: Broadcast\u003C\u002Fp>\u003Cp>HISTÓRICO DE RENDIMENTOS\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>JAN\u003C\u002Fth>\u003Cth>FEV\u003C\u002Fth>\u003Cth>MAR\u003C\u002Fth>\u003Cth>ABR\u003C\u002Fth>\u003Cth>MAI\u003C\u002Fth>\u003Cth>JUN\u003C\u002Fth>\u003Cth>JUL\u003C\u002Fth>\u003Cth>AGO\u003C\u002Fth>\u003Cth>SET\u003C\u002Fth>\u003Cth>OUT\u003C\u002Fth>\u003Cth>NOV\u003C\u002Fth>\u003Cth>DEZ\u003C\u002Fth>\u003Cth>ANO\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>TEPP11\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>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>-0,6%\u003C\u002Ftd>\u003Ctd>2,2%\u003C\u002Ftd>\u003Ctd>11,1%\u003C\u002Ftd>\u003Ctd>12,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2019\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\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>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>4,0%\u003C\u002Ftd>\u003Ctd>3,5%\u003C\u002Ftd>\u003Ctd>10,6%\u003C\u002Ftd>\u003Ctd>15,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>-2,7%\u003C\u002Ftd>\u003Ctd>-7,3%\u003C\u002Ftd>\u003Ctd>-9,2%\u003C\u002Ftd>\u003Ctd>1,7%\u003C\u002Ftd>\u003Ctd>-4,8%\u003C\u002Ftd>\u003Ctd>8,5%\u003C\u002Ftd>\u003Ctd>-1,6%\u003C\u002Ftd>\u003Ctd>3,0%\u003C\u002Ftd>\u003Ctd>-2,2%\u003C\u002Ftd>\u003Ctd>-2,1%\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003Ctd>3,8%\u003C\u002Ftd>\u003Ctd>- 12,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2020\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>-3,8%\u003C\u002Ftd>\u003Ctd>-3,7%\u003C\u002Ftd>\u003Ctd>-15,9%\u003C\u002Ftd>\u003Ctd>4,4%\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003Ctd>5,6%\u003C\u002Ftd>\u003Ctd>-2,6%\u003C\u002Ftd>\u003Ctd>1,8%\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>-1,0%\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003Ctd>2,2%\u003C\u002Ftd>\u003Ctd>- 10,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>-1,0%\u003C\u002Ftd>\u003Ctd>-1,7%\u003C\u002Ftd>\u003Ctd>-2,4%\u003C\u002Ftd>\u003Ctd>-1,6%\u003C\u002Ftd>\u003Ctd>-5,1%\u003C\u002Ftd>\u003Ctd>-0,7%\u003C\u002Ftd>\u003Ctd>4,5%\u003C\u002Ftd>\u003Ctd>-10,5%\u003C\u002Ftd>\u003Ctd>2,7%\u003C\u002Ftd>\u003Ctd>-4,6%\u003C\u002Ftd>\u003Ctd>-5,3%\u003C\u002Ftd>\u003Ctd>14,8%\u003C\u002Ftd>\u003Ctd>- 12,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2021\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>0,8%\u003C\u002Ftd>\u003Ctd>-0,2%\u003C\u002Ftd>\u003Ctd>-1,4%\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>-1,6%\u003C\u002Ftd>\u003Ctd>-2,2%\u003C\u002Ftd>\u003Ctd>2,5%\u003C\u002Ftd>\u003Ctd>-2,6%\u003C\u002Ftd>\u003Ctd>-1,2%\u003C\u002Ftd>\u003Ctd>-1,5%\u003C\u002Ftd>\u003Ctd>-3,6%\u003C\u002Ftd>\u003Ctd>8,8%\u003C\u002Ftd>\u003Ctd>- 2,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>-1,7%\u003C\u002Ftd>\u003Ctd>-2,1%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>-0,1%\u003C\u002Ftd>\u003Ctd>-2,0%\u003C\u002Ftd>\u003Ctd>0,6%\u003C\u002Ftd>\u003Ctd>6,0%\u003C\u002Ftd>\u003Ctd>15,3%\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>-2,6%\u003C\u002Ftd>\u003Ctd>-8,0%\u003C\u002Ftd>\u003Ctd>-10,1%\u003C\u002Ftd>\u003Ctd>- 3,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2022\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>-1,0%\u003C\u002Ftd>\u003Ctd>-1,3%\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003Ctd>-0,9%\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003Ctd>5,8%\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>-4,2%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>2,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>3,7%\u003C\u002Ftd>\u003Ctd>-2,2%\u003C\u002Ftd>\u003Ctd>-0,1%\u003C\u002Ftd>\u003Ctd>11,3%\u003C\u002Ftd>\u003Ctd>10,8%\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003Ctd>1,3%\u003C\u002Ftd>\u003Ctd>1,1%\u003C\u002Ftd>\u003Ctd>4,2%\u003C\u002Ftd>\u003Ctd>-1,2%\u003C\u002Ftd>\u003Ctd>4,1%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>48,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2023\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>-1,6%\u003C\u002Ftd>\u003Ctd>-0,5%\u003C\u002Ftd>\u003Ctd>-1,7%\u003C\u002Ftd>\u003Ctd>3,5%\u003C\u002Ftd>\u003Ctd>5,4%\u003C\u002Ftd>\u003Ctd>4,7%\u003C\u002Ftd>\u003Ctd>1,3%\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>0,2%\u003C\u002Ftd>\u003Ctd>-2,0%\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003Ctd>4,3%\u003C\u002Ftd>\u003Ctd>15,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003Ctd>1,0%\u003C\u002Ftd>\u003Ctd>5,7%\u003C\u002Ftd>\u003Ctd>-1,5%\u003C\u002Ftd>\u003Ctd>1,6%\u003C\u002Ftd>\u003Ctd>-2,4%\u003C\u002Ftd>\u003Ctd>-0,6%\u003C\u002Ftd>\u003Ctd>-0,4%\u003C\u002Ftd>\u003Ctd>-1,3%\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003Ctd>-4,5%\u003C\u002Ftd>\u003Ctd>-2,1%\u003C\u002Ftd>\u003Ctd>- 1,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2024\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003Ctd>0,8%\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003Ctd>-0,8%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>-1,0%\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>0,9%\u003C\u002Ftd>\u003Ctd>-2,6%\u003C\u002Ftd>\u003Ctd>-3,1%\u003C\u002Ftd>\u003Ctd>-2,1%\u003C\u002Ftd>\u003Ctd>-0,7%\u003C\u002Ftd>\u003Ctd>- 5,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>-4,9%\u003C\u002Ftd>\u003Ctd>7,8%\u003C\u002Ftd>\u003Ctd>5,8%\u003C\u002Ftd>\u003Ctd>6,1%\u003C\u002Ftd>\u003Ctd>-4,4%\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003Ctd>-1,4%\u003C\u002Ftd>\u003Ctd>-2,3%\u003C\u002Ftd>\u003Ctd>5,8%\u003C\u002Ftd>\u003Ctd>-2,6%\u003C\u002Ftd>\u003Ctd>6,2%\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003Ctd>18,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2025\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>-3,1%\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>6,1%\u003C\u002Ftd>\u003Ctd>3,0%\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003Ctd>0,6%\u003C\u002Ftd>\u003Ctd>-1,4%\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>0,1%\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003Ctd>3,1%\u003C\u002Ftd>\u003Ctd>21,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TEPP11\u003C\u002Ftd>\u003Ctd>1,6%\u003C\u002Ftd>\u003Ctd>6,2%\u003C\u002Ftd>\u003Ctd>-0,42%\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>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>8,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2026\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>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003Ctd>1,3%\u003C\u002Ftd>\u003Ctd>-1,06%\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>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>0,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cstrong>IPO Tellus Properties (TEPP11)\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>A i i ã Ed. C d. Sã L i R$145M (R$ 12.833\u002Fm²)\u003C\u002Fp>\u003Cp>A i i ã Ed. C d. Sã L i R$26,5M (R$ 14.100\u002Fm²)\u003C\u002Fp>\u003Cp>A i i ã Ed. P lli R$63,42M (R$8.895\u002Fm²)\u003C\u002Fp>\u003Cp>\u003Cstrong>Aquisição Ed. Torre Sul\u003C\u002Fstrong> R$115M (R$11.176\u002Fm²)\u003C\u002Fp>\u003Cp>A i i ã Ed. F i R$50M (R$ 10.030\u002Fm²)\u003C\u002Fp>\u003Cp>V d Ed. C d. Sã L i R$215,0M (R$ 16.314\u002Fm²) \u003Cstrong>Ganho de Capital: R$39.8M\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Aquisição Ed. Brigadeiro Faria Lima\u003C\u002Fstrong> R$95.0M (R$ 19.969\u002F ²\u003C\u002Fp>\u003Cp>A i i ã Ed. GPA R$109,0M (R$ 9.710\u002F ²\u003C\u002Fp>\u003Cp>\u003Cstrong>2019\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>2020\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>2021\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>2023\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>2024\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>2025\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>A i i ã Ed. Ti b úb R$26.5M (R$ 11.313\u002F ²\u003C\u002Fp>\u003Cp>V d Ed. Ti b úb R$30.6M (R$ 13.072\u002Fm²) \u003Cstrong>Ganho de Capital: R$1.8M\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>A i i ã Ed. B i d i F i Li R$12.6M (R$ 12.562\u002F ²)\u003C\u002Fp>\u003Cp>\u003Cstrong>Aquisição Ed. Top Center\u003C\u002Fstrong> R$167,4M (R$ 12.435\u002F ²\u003C\u002Fp>\u003Cp>Fundada em dezembro de 2007 , a TELLUS é uma gestora de investimentos independente, com foco 100 % em investimentos imobiliários . Contamos com uma equipe multidisciplinar, com experiência em originação, estruturação, aquisição, desenvolvimento e gestão de investimentos imobiliários .\u003C\u002Fp>\u003Cp>O propósito da TELLUS é melhorar com soluções inteligentes a vida de todos os envolvidos em nossos investimentos imobiliários .\u003C\u002Fp>\u003Cp>Ativos sob Gestão (R$\u002F bi)¹\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_17_chart_5.jpg\">\u003C\u002Fp>\u003Cp>Investimentos por segmento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_17_chart_7.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_17_image_8.jpg\">\u003C\u002Fp>\u003Cp>F d d P i E i (TREI II TREI VII\u003C\u002Fp>\u003Cp>Fundos Listados (FIIs)\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd rowspan=\"3\">R$ 6,076 bilhões\u003C\u002Ftd>\u003Ctd rowspan=\"3\">corporativos, de Desenvolvimento de projetos healthcare, residenciais, logísticos e de uso misto, com foco preferencial no mercado de São Paulo.\u003C\u002Ftd>\u003Ctd>R$ 640,99 MM (67%)\u003C\u002Ftd>\u003Ctd>TRBL11: Ativos Logísticos e Industriais em SP, BA e MG.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 474,01 MM\u003C\u002Ftd>\u003Ctd>TEPP11: Ativos Corporativos em São Paulo.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 31,52 MM\u003C\u002Ftd>\u003Ctd>TELM11: Fundo Multiestratégia. EDFO11: Fundo Ed. Ourinvest.\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>Foto : JK Square Itaim .\u003C\u002Fp>\u003Cp>Ativo mixed - use desenvolvido e entregue em 2024 no veículo de Private Equity TREI III\u003C\u002Fp>\u003Cp>¹ Fonte TELLUS: Dados de AUM com base nos laudos de avaliação de 2025, AUM 2025 base Dez - 25\u003C\u002Fp>\u003Ch3>C i S t tá l\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F11393\u002Fpage_18_image_3.jpg\">\u003C\u002Fp>\u003Cp>A Tellus se tornou signatária do PRI (Principles for Responsible \u002Fnvestiments) em 2021, refletindo o comprometimento da gestora em engajar e compreender as implicacões do investimento, sobre temas ambientais, sociais e de governança (ASG) . Os ativos da Tellus incorporam um conjunto de princípios, valores, propósitos e diretrizes que norteiam a gestão de seus i ti t . A T ll t d ti id d d tã d d t i , id ã d t ASG (A bi t l, S i l d G ) d i õ d i ti t contribui para melhor gerenciar riscos e explorar novas gerações de valores para os clientes e a sociedade em geral . O PRI é uma iniciativa de investidores em parceria com a Iniciativa Financeira do Programa da ONU para o Meio-Ambiente (UNEP FIl) e o Pacto Global da ONU, que trabalha em conjunto com sua rede internacional de signatários para colocar em prática os seis i í i i á l . b i d i í i é d i li õ d i i b bi i , i i d , lé d f suporte para os signatários na integração desses temas com suas decisões de investimento e propriedade de ativos . Além disso, a gestora também incorpora aspectos relevantes do investimento responsável como parte de seu dever fiduciário .\u003C\u002Fp>\u003Cp>A T ll li li õ ASG ti i t , iti d i ã i l d i t id d t . A li ã ASG d T ll , é l consideração a abordagem análise de integração e best - in - class .\u003C\u002Fp>\u003Cp>▪ ál , l á ál . ll l ál é l processo caso seja identificado algum passivo como, por exemplo, contaminação do solo, a Tellus se compromete em realizar a mitigação desses passivos .\u003C\u002Fp>\u003Cp>As análises best - in - class , são realizadas a partir do Score ESG TELLUS, onde são considerados critérios ESG e financeiros, no qual são avaliados o desempenho em relação a filtros ambientais, sociais e de governança de cada ativo . A Tellus possui abordagens específicas para novas construções, grandes reformas e ativos consolidados, após esses ativos passarem por esses filtros, recebem uma nota final que possui uma categorização de aderência .\u003C\u002Fp>\u003Ch3>Aviso Legal\u003C\u002Fh3>\u003Cp>Leia o Regulamento e o Prospecto antes de investir, em especial a seção fatores de risco . Termos e definições no Glossário .\u003C\u002Fp>\u003Cp>E t t i l f i d b i f õ úbli , d d d l id i t t t f t t . A TELLUS ã t id d i t id d d i f õ d d d , t t t li d i õ . E t t i l apresenta projeções de retorno, análises e cenários feitos com base em determinadas premissas . Ainda que a TELLUS Investimentos dit i á i f tí i , ã d i álid di õ d d futuro ou, ainda, que todos os fatores relevantes tenham sido considerados na determinação dessas projeções, análises e cenários .\u003C\u002Fp>\u003Cp>Projeções não significam retornos futuros. Os retornos projetados, as análises, os cenários e as premissas se baseiam nas condições de mercado e em cenários econômicos correntes e passados, que podem variar significativamente no futuro. As análises aqui apresentadas ã t d t t d i f õ l t , d f , t i ã li it d d d . A TELLUS ã responsabiliza por danos oriundos de erros, omissões ou alterações nos fatores de mercado. A rentabilidade obtida no passado não representa garantia de rentabilidade futura . É vedada a cópia, distribuição ou reprodução total ou parcial deste material sem a prévia e dâ i d TELLUS\u003C\u002Fp>\u003Ch3>I f õ Adi i i\u003C\u002Fh3>\u003Cp>TEPP11\u003C\u002Fp>\u003Cp>T ll I ti t\u003C\u002Fp>\u003Cp>\u003Cstrong>Contato e Mídias\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Email: ri@tellus.com.br\u003C\u002Fp>\u003Cp>Clique aqui ou escolha os ícones abaixo:\u003C\u002Fp>\u003Cp>▪ \u003Cstrong>Área BOMA :\u003C\u002Fstrong> Metodologia adotada pela da associação norte americana Bulding Owners and Managers Association . A área BOMA considera a soma da área privativa e o rateio de áreas comuns, excluindo escadas, fosso de elevador e áreas técnicas .\u003C\u002Fp>\u003Cp>▪ \u003Cstrong>Vacância financeira :\u003C\u002Fstrong> considera apenas carência e desconto dos contratos vigentes em relação à receita potencial .\u003C\u002Fp>\u003Cp>▪ \u003Cstrong>Wault (Weighted Average of Unexpired Lease Term ):\u003C\u002Fstrong> Prazo médio ponderado dos contratos de locação vigentes pela receita contratada .\u003C\u002Fp>\u003Cp>▪ \u003Cstrong>Cap Rate :\u003C\u002Fstrong> Taxa de capitalização do imóvel\u003C\u002Fp>\u003Ch3>Obrigado !\u003C\u002Fh3>\u003Cp>(11) 4280 - 4314 | ri @tellus.com.br\u003C\u002Fp>\u003Cp>Av. Brigadeiro de Faria Lima, 2 179 10º andar I São Paulo – SP 01452 - 001\u003C\u002Fp>\u003Cp>TELLUS.COM.BR\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FTEPP11\u002Fdocumentos\u002F11393\u002Fpdf",false,"https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1167635","2026-03-31","2026-04-22 19:43:00",1,{"title":17,"description":18,"canonical":19,"image":20,"json_ld":21,"nome":46,"resumo":88},"Relatório Gerencial TEPP11 de março de 2026 | Kartac","Relatório Gerencial de março de 2026 do TEPP11 (Tellus Properties), entrega em 22\u002F04\u002F2026. DY 12 meses de 17,29% e P\u002FVP 0,70 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FTEPP11\u002Fdocumentos\u002F11393","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":22,"@graph":23},"https:\u002F\u002Fschema.org",[24,30,35,44,59,74],{"@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\u002FTEPP11\u002Fdocumentos\u002F11393#pagina",{"@id":32},"2026-11-02",{"@id":41},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FTEPP11\u002Fdocumentos\u002F11393#documento",{"@id":43},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FTEPP11\u002Fdocumentos\u002F11393#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 TEPP11 de março de 2026",{"@id":48},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FTEPP11#fundo","2026-04-22","2026-03",{"@type":25,"name":52,"identifier":53},"TELLUS INVESTIMENTOS E CONSULTORIA LTDA",{"@type":54,"propertyID":55,"value":56},"PropertyValue","CNPJ","25.287.778\u002F0001-54",{"@type":25,"name":58},"BTG PACTUAL SERVICOS FINANCEIROS S.A. DISTRIBUIDOR",{"@type":60,"@id":48,"name":61,"alternateName":62,"url":65,"category":66,"identifier":67,"provider":72},"InvestmentFund","Tellus Properties",[63,64],"TEPP11","TELLUS PROPERTIES - FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FTEPP11","Tijolo",[68,70],{"@type":54,"propertyID":69,"value":63},"Ticker B3",{"@type":54,"propertyID":55,"value":71},"26.681.370\u002F0001-25",{"@type":25,"name":52,"identifier":73},{"@type":54,"propertyID":55,"value":56},{"@type":75,"@id":43,"itemListElement":76},"BreadcrumbList",[77,80,84,86],{"@type":78,"position":15,"name":79,"item":28},"ListItem","Início",{"@type":78,"position":81,"name":82,"item":83},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":78,"position":85,"name":63,"item":65},3,{"@type":78,"position":87,"name":5,"item":19},4,{"atualizado_em":89,"frases":90},"2026-11-05",[91,92,93,94,95],"Relatório Gerencial do Tellus Properties (TEPP11), fundo imobiliário de tijolo, referente a março de 2026, com entrega no FundosNet (B3) em 22\u002F04\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do TEPP11 fechou a R$ 6,69, com P\u002FVP de 0,70 (valor patrimonial de R$ 9,53 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,068 por cota, com pagamento em nov\u002F2026, e o dividend yield dos últimos 12 meses é de 17,29% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 512,3 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":97,"empresa":98,"gestor":102,"cotacoes":107,"patrimonio":215,"vpa":216,"p_vpa":217,"tipo_gestao":218,"mandato":219,"segmento":220,"categoria":66,"grupo":66,"preco_atual":213,"cotacao_atualizada_em":221,"ultima_variacao_cotacao_24h":222,"variacao_cotacao_7d":223,"variacao_cotacao_1m":224,"variacao_cotacao_3m":225,"variacao_cotacao_6m":226,"variacao_cotacao_12m":227,"vacancia_fisica":228,"liquidez_atual":229,"ultimo_dividendo":230,"ultimo_dividend_yield":231,"mes_pagamento_ultimo_dividendo":232,"dividend_yield_3m":233,"dividend_yield_6m":234,"dividend_yield_12m":235,"dividend_yield_medio_12m":236,"qtd_dividendos_pagos_ano_passado":237,"data_ultima_cotacao":211,"pregoes_com_negocio_21":238,"alertas":239,"updated_at":240,"liquidez_media_reais":241,"administrador":58,"taxa_administracao_paga":242,"balanco":243,"resultado_distribuido":251,"publico_alvo":254,"mercados_negociacao_cotas":255,"data_funcionamento":257,"data_final":219,"quantidade_cotas":258,"quantidade_cotistas":259,"detalhes_cotistas":260,"total_investido":266,"investimentos_fundo":267,"imoveis":270,"contratos":360,"custodiante":414,"auditor_independente":421,"formador_mercado":219,"distribuidor_cotas":219,"consultor_especializado":219,"administrador_locacoes":219,"relatorio_anual":428,"analise_administrador":430},667,{"nome":64,"nome_simplificado":99,"nome_comercial":61,"ticker":63,"nome_ticker":100,"nome_pregao":101,"cnpj":71},"TELLUS 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09:00","0.0060","-0.0415","-0.1116","-0.1300","-0.2328","-0.1775","0.30522",6873,"0.0680","0.0098","Nov\u002F2026","0.0305","0.0883","0.1729","0.0115",12,21,[],"05\u002F11\u002F2026 08:01",2621351.08,0.00801455663735798,{"data_referencia":244,"ativo":245,"passivo":246,"obrigacoes_imoveis":247,"obrigacoes_securitizacao":248,"liquidez":249,"valores_receber":250},"2026-09-01",710900705.93,198596375.37,99640459.57,95638604.66,14198085.49,61264538.35,{"data_referencia":252,"resultado":253,"rendimentos":253,"percentual":15},"2026-06-30",37893619.08,"Investidores em Geral",[256],"Bolsa","2019-09-23",53763691,46738,{"Pessoa Física":261,"Pessoa jurídica não financeira":262,"Fundos de investimento imobiliário":263,"Outros fundos de investimento":264,"Investidores não residentes":265,"Entidade aberta de previdência complementar":85,"Entidade fechada de previdência complementar":15,"SSociedade de capitalização e de arrendamento mercantil":15,"Outros tipos de cotistas não relacionados":15},46608,81,17,15,11,635438082.09,{"Imóveis para renda":268,"Cotas de FIIs":269},592356116.56,43081965.53,{"vacancia_total":271,"lista_imoveis":272,"data_referencia":252,"vacancia_suspeita":11},0.30522408490795905,[273,288,305,325,345,356],{"nome":274,"vacancia":275,"numero_unidades":276,"area":277,"endereco":278,"percentual_inadimplencia":275,"percentual_receitas":279,"inquilinos":280,"ocupacao":15},"Ed Faria Lima 1355",0,8,50000,"Avenida Brigadeiro Faria Lima, 1355, Sem Complemento, Jardim Paulistano, São Paulo\u002FSP, Brasil, 01452-002",0.11539282845285,[281,285],{"setor":282,"percentual_receita_imovel":283,"percentual_receita_fii":284},"Serviços Financeiros Diversos",0.14115732359639,0.01628854282662,{"setor":220,"percentual_receita_imovel":286,"percentual_receita_fii":287},0.85884267640361,0.09910428562623,{"nome":289,"vacancia":290,"numero_unidades":291,"area":292,"endereco":293,"percentual_inadimplencia":294,"percentual_receitas":295,"inquilinos":296,"ocupacao":304},"Edificio Torre Sul",0.7032635179668,198,32447,"Rua James Joule, 65, Sem Complemento, Cidade Monções, São Paulo\u002FSP, Brasil, 04576-080",0.06113775507902,0.10574130976667,[297,300],{"setor":220,"percentual_receita_imovel":298,"percentual_receita_fii":299},0.61482372963411,0.06501226644714,{"setor":301,"percentual_receita_imovel":302,"percentual_receita_fii":303},"Comércio",0.25941736670287,0.02743113213138,0.2967364820332,{"nome":306,"vacancia":307,"numero_unidades":308,"area":309,"endereco":310,"percentual_inadimplencia":311,"percentual_receitas":312,"inquilinos":313,"ocupacao":324},"Shopping Top Center",0.46656044461652,30,29805,"Avenida Paulista, 854, Sem Complemento, Bela Vista, Sao Paulo\u002FSP, Brasil, 01311-100",0.44438792288404,0.08058271064757,[314,318,321],{"setor":315,"percentual_receita_imovel":316,"percentual_receita_fii":317},"Serviços Médico - Hospitalares",0.11509080287399,0.00927432886619,{"setor":220,"percentual_receita_imovel":319,"percentual_receita_fii":320},0.24272015502523,0.01955904802073,{"setor":301,"percentual_receita_imovel":322,"percentual_receita_fii":323},0.23312804372174,0.01878608969106,0.53343955538348,{"nome":326,"vacancia":327,"numero_unidades":328,"area":329,"endereco":330,"percentual_inadimplencia":331,"percentual_receitas":332,"inquilinos":333,"ocupacao":344},"Edificio Passarelli",0.46153846153846,78,22964,"Rua Pais Leme, 524, Sem Complemento, Pinheiros, São Paulo\u002FSP, Brasil, 05424-010",0.09375,0.07696610806868,[334,338,341],{"setor":335,"percentual_receita_imovel":336,"percentual_receita_fii":337},"Serviços Diversos",0.2709769904367,0.02085604433008,{"setor":220,"percentual_receita_imovel":339,"percentual_receita_fii":340},0.41647106447539,0.03205415695589,{"setor":301,"percentual_receita_imovel":342,"percentual_receita_fii":343},0.16023872958806,0.01233295137826,0.53846153846154,{"nome":346,"vacancia":347,"numero_unidades":189,"area":348,"endereco":349,"percentual_inadimplencia":275,"percentual_receitas":350,"inquilinos":351,"ocupacao":355},"Edificio Fujitsu",0.14285714285714,4107,"Rua Treze De Maio, 1633, Sem Complemento, Bela Vista, São Paulo\u002FSP, Brasil, 01327-001",0.06073212501641,[352],{"setor":301,"percentual_receita_imovel":353,"percentual_receita_fii":354},0.92601304205668,0.05623873983702,0.85714285714286,{"nome":357,"vacancia":275,"numero_unidades":15,"area":358,"endereco":359,"percentual_inadimplencia":275,"percentual_receitas":275,"ocupacao":15},"Imovel GPA - Brigadeiro Luis Antonio",17644,"Avenida Brigadeiro Luis Antonio, 3142, Sem Complemento, Jardim Paulista, São Paulo\u002FSP, Brasil, 01402-000",{"data_referencia":252,"prazos":361,"indexadores":401,"receita_aluguel_trimestre":408,"valor_imoveis":409,"cap_rate":410,"receita_sobre_mercado":411,"aluguel_m2_mes":412,"area_ocupada":413},[362,365,368,371,374,376,379,382,385,388,390,393,395,398],{"faixa":363,"percentual":364},"Até 3 meses",0.13839,{"faixa":366,"percentual":367},"3 a 6 meses",0.004561,{"faixa":369,"percentual":370},"6 a 9 meses",0.032284,{"faixa":372,"percentual":373},"9 a 12 meses",0.007791,{"faixa":375,"percentual":275},"12 a 15 meses",{"faixa":377,"percentual":378},"15 a 18 meses",0.012881,{"faixa":380,"percentual":381},"18 a 21 meses",0.286349,{"faixa":383,"percentual":384},"21 a 24 meses",0.012284,{"faixa":386,"percentual":387},"24 a 27 meses",0.036571,{"faixa":389,"percentual":275},"27 a 30 meses",{"faixa":391,"percentual":392},"30 a 33 meses",0.029934,{"faixa":394,"percentual":275},"33 a 36 meses",{"faixa":396,"percentual":397},"Acima de 36 meses",0.428591,{"faixa":399,"percentual":400},"Indeterminado",0.010364,[402,405],{"nome":403,"percentual":404},"IPCA",0.741106,{"nome":406,"percentual":407},"IGP-M",0.258894,14216227.14,644868659.64,0.088181,0.158099,43.45,109057,{"id":415,"nome":416,"cnpj":417,"endereco":418,"telefone":419,"created_at":420,"updated_at":420},5,"BANCO BTG PACTUAL S A","30306294000145","PR BOTAFOGO, 501, BLII SLO 501 BLC II SAL 601 - BOTAFOGO, RIO DE JANEIRO - RJ - 22250-911","(21) 32629600","2026-10-03T18:47:06.000000Z",{"id":422,"nome":423,"cnpj":424,"endereco":425,"telefone":426,"created_at":427,"updated_at":427},24,"ERNST & YOUNG AUDITORES INDEPENDENTES S\u002FS LTDA","61366936000125","AV PRESIDENTE JUSCELINO KUBITSCHEK 1909, SP CORP TOWER TORRE NORTE ANDAR 8 CONJ 81 – VILA NOVA CONCEIÇÃO – SÃO PAULO\u002FSP – 04.543-907","(11) 2573-3000","2026-10-03T18:51:30.000000Z",{"ano_referencia":429,"data_disponibilizacao":13},"2025",{"ResultadoFundo":431,"ConjunturaEconomica":432,"PerspectivaPeriodoSeguinte":433},"O Fundo encerrou o exercício social em linha com sua estratégia de investimentos, conforme detalhado no informe mensal de dezembro de 2025.","Em 2025, o mercado de FIIs operou em ambiente desafiador, marcado pela manutenção de taxas de juros em patamares elevados, o que impactou a atratividade do setor e manteve postura mais cautelosa por parte dos investidores.","Para 2026, a expectativa é de melhora gradual do setor, com possível redução das taxas de juros e retomada do interesse dos investidores, favorecendo a valorização dos ativos imobiliários."]