[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"documento:VISC11:5185":3,"seo:\u002Fdetalhes\u002FVISC11\u002Fdocumentos\u002F5185":16,"fii-documento:VISC11":95},{"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},5185,"(VISC) Outros Relatórios - 30\u002F06\u002F2026","Outros Relatórios","Relatórios","(Ativo)","\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0001-00.png\">\u003C\u002Fp>\u003Cp>VINCI\u003Cbr>COMPASS\u003Cbr>\u003C\u002Fp>\u003Ch3>\u003Cem>Vinci Fundos Listados\u003C\u002Fem>\u003C\u002Fh3>\u003Cp>\u003Cem>Relatório de Resultados Trimestrais – 2T26\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0002-00.png\">\u003C\u002Fp>\u003Cp>VINCI\u003Cbr>COMPASS\u003Cbr>\u003C\u002Fp>\u003Ch2>\u003Cem>Vinci Shopping Centers FII VISC11\u003C\u002Fem>\u003C\u002Fh2>\u003Ch5>\u003Cem>VISC11 assina MoU para potencial venda de participações em 9 ativos\u003C\u002Fem>\u003C\u002Fh5>\u003Cp>\u003Cem>Conforme fato\u003C\u002Fem> \u003Cem>\u003Cu>relevante\u003C\u002Fu> divulgado no dia 31 de julho de 2026, o Fundo assinou um MoU para a potencial venda de participações em 9 shopping centers por aproximadamente R$ 573 milhões, valor 10% superior aos respectivos laudos de avaliação.\u003C\u002Fem>\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Shopping\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Localização\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Participação Objeto da\u003C\u002Fem>\u003Cbr>\u003Cem>Transação\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Participação VISC11\u003C\u002Fem>\u003Cbr>\u003Cem>Remanescente¹\u003C\u002Fem>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Prudenshopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Presidente Prudente, SP\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>15,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>73,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Granja Vianna\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Cotia, SP\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>15,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>20,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Boulevard Shopping Rio\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Rio de Janeiro, RJ\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>40,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Center Shopping Rio\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Rio de Janeiro, RJ\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Natal Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Natal, RN\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>20,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Crystal\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Curitiba, PR\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>17,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Tacaruna\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Recife, PE\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Via Sul Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Fortaleza, CE\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>45,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>West Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Rio de Janeiro, RJ\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cem>A operação, se concluída, poderá gerar cerca de R$ 346 milhões de caixa líquido e R$ 1,21 por cota de ganho de capital líquido. Os ativos envolvidos representam aproximadamente 11% do NOI do Fundo.\u003C\u002Fem>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp>\u003Cem>I. Estrutura: FII Comprador com 80% de cotas seniores e 20% de cotas subordinadas, estas integralmente detidas pelo VISC11. Cota subordinada possui retorno-alvo de 17% a.a. e possibilidade de recebimento do excedente pago à subclasse sênior a partir do 4º ano;\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cem>II. Condições: a conclusão depende da captação mínima, da constituição do fundo e do cumprimento das condições previstas no MoU. O portfólio final e o valor final da transação dependerão do montante captado pelo fundo comprador.\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cem>A transação torna o portfólio do VISC11 mais eficiente, resultando em melhora do NOI\u002Fm², vendas\u002Fm² e taxa de ocupação, com base nos últimos 12 meses até junho de 2026.\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0003-08.png\">\u003C\u002Fp>\u003Cp>\u003Cem>¹ As participações já refletem a potencial transação de venda para o PMLL11, anunciada em abril de 2026.\u003C\u002Fem>\u003C\u002Fp>\u003Ch5>\u003Cem>VISC11 aumenta participação no Midway Mall\u003C\u002Fem>\u003C\u002Fh5>\u003Cp>\u003Cem>Conforme\u003C\u002Fem> \u003Cem>\u003Cu>comunicado ao mercado\u003C\u002Fu> divulgado em 31 de julho de 2026, o Fundo converteu sua posição como credor do CRI tomado originalmente pela SPE compradora em uma participação maior no Midway Mall. Com isso, e após a reorganização societária, a participação do VISC11 no ativo passou de 0,95% para 12,43% .\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>Para chegar a essa posição, o Fundo também assumiu obrigações futuras de pagamento de preço ao vendedor de R$ 99,8 milhões, divididas em quatro parcelas anuais de aproximadamente R$ 25 milhões:\u003C\u002Fem>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp>\u003Cem>I. Vencimentos anuais entre dezembro de 2026 e dezembro de 2029;\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cem>II. Valores corrigidos pelo IPCA acumulado desde o fechamento da operação, em 17 de dezembro de 2025.\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cem>Ao final do primeiro semestre de 2026, o ativo já apresentava crescimento de 13,0% no NOI Caixa em relação ao mesmo período do ano anterior, reforçando nossa tese de aquisição de um ativo extremamente relevante em sua região e com amplo potencial de crescimento operacional. Trata-se de informação gerencial, não auditada, e o desempenho passado não representa indicativo de resultados futuros.\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0004-07.png\">\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Midway Mall\u003C\u002Fem>\u003Cbr>\u003Cem>Localização\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Natal, RN\u003C\u002Fem>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Participação anterior\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,95%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Participação atual\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12,43%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>NOI Caixa 1S26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>+13,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0004-09.png\">\u003C\u002Fp>\u003Cp>\u003Cem>Portfólio com 32 ativos distribuídos em 15 estados brasileiros, além do Distrito Federal, com 310 mil m² de ABL Própria e administrados por 11 administradoras distintas¹\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0005-02.png\">\u003C\u002Fp>\u003Cp>Iguatemi Bosque\u003Cbr>São Luís Shopping\u003Cbr>Midway Mall\u003Cbr>North Shopping Maracanaú\u003Cbr>Pátio Belém\u003Cbr>Natal Shopping\u003Cbr>Via Sul Shopping\u003Cbr>Shopping Tacaruna\u003Cbr>Shopping Paralela\u003Cbr>Minas Shopping\u003Cbr>PA MA CE RN\u003Cbr>BH Shopping\u003Cbr>PE\u003Cbr>Praia da Costa\u003Cbr>RO\u003Cbr>BA Ilha Plaza\u003Cbr>MT\u003Cbr>Center Shopping Rio\u003Cbr>Porto Velho Shopping\u003Cbr>DF MG\u003Cbr>West Shopping\u003Cbr>Pantanal Shopping ES Boul evard Rio\u003Cbr>SP RJ\u003Cbr>Madureira\u003Cbr>PR\u003Cbr>Carioca Shopping\u003Cbr>Conjunto Nacional SC\u003Cbr>RS Bangu Shopping\u003Cbr>Villa Romana\u003Cbr>Prudenshopping\u003Cbr>Villagio Caxias\u003Cbr>Granja Vianna\u003Cbr>Shopping Crystal\u003Cbr>Shopping ABC\u003Cbr>Shopping Estação\u003Cbr>RibeirãoShopping\u003Cbr>Campinas Shopping\u003Cbr>Shopping Plaza Sul\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0005-03.png\">\u003C\u002Fp>\u003Cp>\u003Cem>¹ Não está sendo considerado a possível aquisição do BH Shopping.\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>Portfólio com 32 ativos distribuídos em 15 estados brasileiros, além do Distrito Federal, com 310 mil m² de ABL Própria e administrados por 11 administradoras distintas\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cem>% NOI por Ativo\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>11\u003C\u002Fem>\u003Csup>\u003Cem>10\u003C\u002Fem>\u003C\u002Fsup> \u003Cem>11 Prudenshopping Porto Velho Shopping Praia da Costa Campinas Shopping 2\u003C\u002Fem>\u003Csup>\u003Cem>22111\u003C\u002Fem>\u003C\u002Fsup> \u003Cem>Shopping Paralela BH Shopping 2 7 Pantanal Shopping Granja Vianna 2 Shopping Estação North Shopping Maracanaú 2\u003C\u002Fem>\u003Csup>\u003Cem>2\u003C\u002Fem>\u003C\u002Fsup> \u003Cem>RibeirãoShopping Midway Mall 2 7 Natal Shopping Villa Romana 3 Iguatemi Bosque Ilha Plaza 3 Carioca Shopping Boulevard Shopping Rio 6 Pátio Belém Minas Shopping 3 Bangu Shopping Shopping Conjunto Nacional 4 6 Madureira Shopping Via Sul Shopping Shopping Tacaruna Shopping ABC 4 West Shopping Villagio Caxias 5 4 Plaza Sul São Luís Shopping 4 5 5 Shopping Crystal Center Shopping Rio\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cstrong>% NOI por Tipo de Participação\u003C\u002Fstrong>\u003C\u002Fh6>\u003Ch6>\u003Cstrong>% NOI por Administradora\u003C\u002Fstrong>\u003C\u002Fh6>\u003Ch6>\u003Cstrong>% NOI por Estado\u003C\u002Fstrong>\u003C\u002Fh6>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0006-07.png\">\u003C\u002Fp>\u003Cp>3 1 SP RJ\u003Cbr>3\u003Cbr>3 2 2111\u003Cbr>4\u003Cbr>Ancar\u003Cbr>5 CE RO Controle\u003Cbr>5 30 Argo 28 29\u003Cbr>Alqia 6 RN MG\u003Cbr>6 Soul Malls\u003Cbr>Multiplan 7 ES BA\u003Cbr>AD Shopping\u003Cbr>MT PR\u003Cbr>9 Allos\u003Cbr>Tacla 7\u003Cbr>SC PA\u003Cbr>Lumine 10 Minoritário\u003Cbr>9 JCC 7 DF PE 71\u003Cbr>18\u003Cbr>T Mall\u003Cbr>7 11 5 7 9 RS MA\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0006-08.png\">\u003C\u002Fp>\u003Ch6>\u003Cem>Retorno consistente desde o IPO mesmo com cenário macro atual negativo\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>O Fundo obteve retorno total de 117,6% desde seu IPO, em outubro de 2017. No mesmo período¹, esse desempenho corresponde a 164% do retorno do IFIX. Neste cenário, a rentabilidade líquida total do Fundo² desde o seu IPO foi de 116,8% representando 122% do CDI líquido³ acumulado nesse mesmo período.\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cstrong>Rentabilidade Bruta do Fundo\u003C\u002Fstrong>\u003C\u002Fh6>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0007-04.png\">\u003C\u002Fp>\u003Cp>180,0%\u003Cbr>139,5%\u003Cbr>117,6%\u003Cbr>130,0%\u003Cbr>96,1%\u003Cbr>80,0% VISC11\u003Cbr>71,5%\u003Cbr>30,0% IFIX\u003Cbr>-20,0% CDI Liq\u003Cbr>-70,0%\u003Cbr>IBOV\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cem>Fonte: Bloomberg\u003C\u002Fem>\u003C\u002Fp>\u003Cblockquote>\u003Cp>\u003Cem>¹ Período compreendido entre o IPO do Fundo, em novembro de 2017 e 31\u002F07\u002F2026\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>² Considera uma alíquota de 20% de Imposto de Renda sobre a valorização da cota.\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>³Considera uma alíquota de 15% de Imposto de Renda (menor alíquota para aplicações financeiras de pessoas físicas).\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fblockquote>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0007-09.png\">\u003C\u002Fp>\u003Ch6>\u003Cem>Histórico de Distribuição\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>A distribuição de rendimentos média no últimos 12 meses terminados em julho foi de R$ 0,83\u002Fcota, enquanto a geração de resultado média foi de R$ 0,82\u002Fcota. O último rendimento divulgado, em julho, foi de R$ 0,84\u002Fcota e o VISC ainda contava com um resultado acumulado não distribuído de R$ 0,89\u002Fcota, no final do mês. O Shopping Paralela FII ainda possui um resultado acumulado não distribuído de R$ 10 milhões, equivalente a R$ 0,35\u002Fcota². Somado ao resultado acumulado não distribuído do VISC, o total corresponde a R$ 1,23\u002Fcota.\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cstrong>Histórico de Distribuição (R$\u002Fcota) VISC11\u003C\u002Fstrong>\u003C\u002Fh6>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0008-04.png\">\u003C\u002Fp>\u003Cp>1,40\u003Cbr>1,20\u003Cbr>1,00\u003Cbr>0,84 0,84\u003Cbr>0,80 0,81 0,81\u003Cbr>0,80\u003Cbr>0,60\u003Cbr>0,94\u003Cbr>0,40 0,75 0,80 0,78\u003Cbr>0,71\u003Cbr>0,20\u003Cbr>0,00\u003Cbr>2T25 3T25 4T25 1T26 2T26\u003Cbr>Rendimento Distribuído Resultado Recorrente Resultado Não Recorrente\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cem>Fonte: Vinci Compass\u003C\u002Fem>\u003C\u002Fp>\u003Cblockquote>\u003Cp>\u003Cem>² Utilizando como base as cotas do VISC\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fblockquote>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0008-07.png\">\u003C\u002Fp>\u003Cp>\u003Cem>¹ Média Mensal\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cem>Indicadores Financeiros e Operacionais - NOI Caixa\u002Fm²\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>Os shoppings apresentaram crescimento de 5,2% no seu NOI Caixa\u002Fm² no segundo trimestre de 2026, quando comparado com o mesmo período em 2025, replicando as participações que o Fundo detém hoje nos ativos. Os 10 principais shoppings¹, que representam cerca de 65% do NOI do portfólio, apresentaram um crescimento de 4,4%.\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cstrong>NOI Caixa\u002Fm² (R$\u002Fm²)\u003C\u002Fstrong>\u003C\u002Fh6>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Cresci\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>mento NOI\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Caixa\u002Fm\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>² vs 2025\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Ativo\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1T26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Abr\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Mai\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Jun\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2T26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Ano\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Prudenshopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,9%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Porto Velho Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-0,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-3,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,3%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Praia da Costa\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-0,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>_-8,6% _\u003C\u002Ftd>\u003Ctd>\u003Cem>-3,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Campinas Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>14,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,7%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Paralela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>15,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-4,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-0,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>18,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,9%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Pantanal Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-5,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,6%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Granja Vianna\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,1%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Estação\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>15,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>North Shopping Maracanaú\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>_22,5% _\u003C\u002Ftd>\u003Ctd>_11,1% _\u003C\u002Ftd>\u003Ctd>\u003Cem>11,7%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Subtotal\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,6%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Outros\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,8%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>VISC²\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,3%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0009-05.png\">\u003C\u002Fp>\u003Cp>+5,7% +5,2%\u003Cbr>+5,4%\u003Cbr>+4,4%\u003Cbr>108\u003Cbr>95 100 96 101 102 98 103\u003Cbr>2025 2026 2025 2026 2025 2026 2025 2026\u003Cbr>Abril Maio Junho vazio 2º Trimestre\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0009-06.png\">\u003C\u002Fp>\u003Cblockquote>\u003Cp>\u003Cem>¹ Shoppings que representam aproximadamente 65% do NOI do Fundo\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>² Os números para o portfólio consolidado levam em consideração as participações que o Fundo possui em cada ativo hoje replicadas para o período de comparação\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fblockquote>\u003Ch6>\u003Cem>Indicadores Financeiros e Operacionais – Vendas\u002Fm²\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>Ao longo do segundo trimestre do ano, as vendas apresentaram crescimentos em todos os meses quando comparadas com o mesmo período em 2025. O portfólio do fundo apresentou crescimento de vendas de 8,9% no 2T26 quando comparamos com o 2T25, replicando as participações que o Fundo detém hoje nos ativos. Os 10 principais shoppings¹, que representam cerca de 65% do NOI do portfólio, apresentaram um crescimento de 10,8%.\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cstrong>Vendas\u002Fm² (R$\u002Fm²)\u003C\u002Fstrong>\u003C\u002Fh6>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Cresc\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>imento Ve\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>ndas\u002Fm\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>² vs 202\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>5\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Ativo\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1T26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Abr\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Mai\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Jun\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2T26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>Ano\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Prudenshopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-5,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,2%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Porto Velho Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>19,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>20,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>18,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>19,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12,9%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Praia da Costa\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,3%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Campinas Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>19,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,6%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Paralela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,9%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Pantanal Shopping\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>81,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>_16,4% _\u003C\u002Ftd>\u003Ctd>\u003Cem>109,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>67,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>39,5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Granja Vianna\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>15,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Estação\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-4,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2,1%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,7%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>North Shopping Maracanaú\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>11,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>11,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,8%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Subtotal\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>13,0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10,8%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,2%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Outros\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,2%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3,7%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>VISC²\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6,6%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10,4%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>9,3%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8,9%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7,7%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0010-05.png\">\u003C\u002Fp>\u003Cp>+10,4%\u003Cbr>+8,9%\u003Cbr>+9,3%\u003Cbr>+6,6% 1.610\u003Cbr>1.512 1.506\u003Cbr>1.459\u003Cbr>1.413\u003Cbr>1.384 1.384\u003Cbr>1.326\u003Cbr>2025 2026 2025 2026 2025 2026 2025 2026\u003Cbr>Abril Maio Junho vazio 2º Trimestre\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0010-06.png\">\u003C\u002Fp>\u003Cp>\u003Cem>¹ Shoppings que representam aproximadamente 65% do NOI do Fundo\u003C\u002Fem>\u003C\u002Fp>\u003Cblockquote>\u003Cp>\u003Cem>² Os números para o portfólio consolidado levam em consideração as participações que o Fundo possui em cada ativo hoje replicadas para o período de comparação\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fblockquote>\u003Ch6>\u003Cem>Indicadores Operacionais – Taxa de Ocupação\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>A taxa de ocupação do fundo apresentou uma queda esperada em função da sazonalidade natural do setor no primeiro semestre do ano, recuando 1,2 ponto percentual em relação a dezembro e 0,6 ponto percentual em relação a junho de 2025.\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0011-03.png\">\u003C\u002Fp>\u003Cp>Taxa de Ocupação\u003Cbr>94,6% 94,4% 94,0% 94,8% 95,0% 95,3% 95,2% 94,7% 94,8% 94,3% 94,3% 94,0% 94,0%\u003Cbr>jun-25 jul-25 ago-25 set-25 out-25 nov-25 dez-25 jan-26 fev-26 mar-26 abr-26 mai-26 jun-26\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0011-04.png\">\u003C\u002Fp>\u003Ch6>\u003Cem>Situação de Caixa – Obrigações a Pagar\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>Em julho de 2026, as obrigações por aquisição de imóveis do Fundo a prazo totalizavam R$ 1.172,8 milhões, enquanto as aplicações financeiras somavam R$ 152,0 milhões. O Fundo tem caixa para honrar suas obrigações até o primeiro semestre de 2027, já assumindo a projeção de investimentos a serem realizados nos ativos do Fundo.\u003C\u002Fem>\u003C\u002Fp>\u003Ch6>\u003Cstrong>Alavancagem\u003C\u002Fstrong>\u003C\u002Fh6>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Alavancagem (R$ mil)\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>jul\u002F26\u003C\u002Fem>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Aplicações Financeiras\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>152.045\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Obrigações de Aquisição de Ativos, até 2026²\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-112.385\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Caixa Líquido ao Fim de 2026\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>39.660\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Demais Obrigações de Aquisição de Ativos²\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1.060.423\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Recebimento parcelas de Vendas de Ativos\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Alavancagem Líquida Total\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1.020.763\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Obrigações\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Taxa\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Venc.\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Saldo\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>% Total\u003C\u002Fem>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Portfólio Ancar (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA + 6,25%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>set\u002F36\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>351.477\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>30%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Campinas Tranche 2 (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA + 7,65%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>dez\u002F34\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>95.753\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping 1ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mar\u002F27\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>71.112\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping 2ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>set\u002F27\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>71.112\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Midway Mall Longa (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>CDI + 1,75%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>fev\u002F41\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>61.827\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping IPCA (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA + 8,92%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mar\u002F41\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>60.510\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Paralela 1ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>ago\u002F26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>60.387\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Shopping Paralela 2ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>fev\u002F27\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>60.387\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>FII Paralela (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>TR + 9,85%³\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mai\u002F29\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>52.993\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping DI Longa (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>CDI + 1,75%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mar\u002F41\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>42.121\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Midway Mall Curta (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>CDI + 1,70%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>fev\u002F29\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>41.211\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping DI Curta (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>CDI + 1,10%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mar\u002F31\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>40.092\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Granja Vianna (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>CDI + 1,85%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mar\u002F33\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>32.936\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Midway Mall 1ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>dez\u002F26\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>25.015\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Midway Mall 2ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>dez\u002F27\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>25.015\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Midway Mall 3ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>dez\u002F28\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>25.015\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Midway Mall 4ª Parcela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>dez\u002F29\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>25.015\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Paralela, West, Crystal e Center (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>TR + 9,85%³\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mai\u002F29\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12.069\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Tacaruna\u003C\u002Fem>\u003Csup>\u003Cem>4\u003C\u002Fem>\u003C\u002Fsup>\u003C\u002Ftd>\u003Ctd>\u003Cem>100% CDI\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>N\u002FA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8.209\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>BH Shopping Expansão\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>IPCA\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>jun\u002F28\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>7.688\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Ilha Plaza e Pátio Belém (CRI)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>TR + 9,40%³\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>mar\u002F27\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2.864\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Total\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cstrong>-\u003C\u002Fstrong>\u003C\u002Ftd>\u003Ctd>\u003Cem>1.172.808\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>100%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch6>\u003Cstrong>Cronograma de Pagamento das Obrigações de Aquisição de Imóveis a Prazo (R$ MM)¹\u003C\u002Fstrong>\u003C\u002Fh6>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0012-07.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0012-08.png\">\u003C\u002Fp>\u003Cblockquote>\u003Cp>\u003Cem>¹ Gráfico do fluxo das obrigações, separado em parcelas de juros e principal, a partir de janeiro de 2026\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>² Parcela de principal das obrigações de aquisição de ativos corrigidas por IPCA\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>³ Juros remuneratórios calculados com base em 360 dias corridos\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cem>4 Retenção do preço de aquisição até a data de cumprimento de obrigação pelos vendedores\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fblockquote>\u003Ch6>\u003Cem>Situação de Caixa – Obrigações a Pagar\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cem>O Fundo dispõe de R$ 152,0 milhões em caixa e apresenta uma projeção de despesas para 2026 de aproximadamente R$ 143,3 milhões, considerando todas as obrigações a prazo descritas neste relatório.\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-03.png\">\u003C\u002Fp>\u003Cp>152,0\u003Cbr>-9,9\u003Cbr>-29,2\u003Cbr>-18,8\u003Cbr>-60,4 8,8\u003Cbr>-25,0\u003Cbr>-45,0\u003Cbr>-48,6\u003Cbr>-60,4\u003Cbr>-71,1\u003Cbr>-71,1\u003Cbr>-25,0 -312,4\u003Cbr>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-04.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-05.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-06.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-07.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-08.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-09.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-10.png\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0013-11.png\">\u003C\u002Fp>\u003Ch6>\u003Cem>Resultado Financeiro Regime Caixa\u003C\u002Fem>\u003C\u002Fh6>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Resultado do Fundo (R$ mil)\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Abril\u002F26\u003C\u002Fem>\u003Cbr>\u003Cem>(R$ mil)\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Maio\u002F26\u003C\u002Fem>\u003Cbr>\u003Cem>(R$ mil)\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Junho\u002F26\u003C\u002Fem>\u003Cbr>\u003Cem>(R$ mil)\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>2T26\u003C\u002Fem>\u003C\u002Fth>\u003Cth>∆\u003Cem>1T25(%)\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>2026\u003C\u002Fem>\u003C\u002Fth>\u003Cth>∆\u003Cem>2025 (%)\u003C\u002Fem>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Resultado Imóveis\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>27.585\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>29.580\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>33.840\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>91.005\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>21%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>192.048\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>15%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Financeiro\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-4.491\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-4.403\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-4.851\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-13.745\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>174%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-23.400\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>251%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Receita Financeira\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1.129\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1.078\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1.114\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3.320\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-51%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>6.644\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-61%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Despesa Financeira\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-5.619\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-5.481\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-5.964\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-17.065\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>45%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-30.044\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>26%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Taxa de Administração\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-3.312\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.987\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.978\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-9.277\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-18.378\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Administrador e Escriturador\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-432\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-412\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-413\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1.257\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>12%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.424\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>8%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Gestor\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.880\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.575\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.566\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-8.020\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-15.954\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>11%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Outras Receitas\u002FDespesas\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-170\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-211\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-531\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-913\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>102%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-2.291\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>113%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Recorrente Total(R$\u002Fcota)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,68\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,76\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,88\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,33\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,13\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Não Recorrente\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-100%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Não Recorrente(R$\u002Fcota)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,00\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,00\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,00\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,00\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,00\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-100%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Total\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,68\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,76\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,88\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,33\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>10%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,13\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-6%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Rendimentos a serem distribuídos\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,84\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,84\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,84\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>2,52\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5,04\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Distribuição sobre o Resultado(%)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>123%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>110%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>95%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>108%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>98%\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Acumulado Não Distribuído-Inicial\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,09\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,93\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,85\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,09\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,80\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>+ Resultado Total - Rendimentos divulgados\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-0,16\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-0,08\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,04\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-0,19\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,09\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Acumulado Não Distribuído-Final\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,93\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,85\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,89\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,89\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,89\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>+ Resultado Total Não Distribuído - FII Paralela\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,35\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,35\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,35\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,35\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>0,35\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Resultado Acumulado Não Distribuído-Final Consolidado\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,28\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,20\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,24\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,24\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>1,24\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0014-03.png\">\u003C\u002Fp>\u003Ch4>\u003Cem>Vinci Shopping Centers FII – VISC11\u003C\u002Fem>\u003C\u002Fh4>\u003Ch6>\u003Cem>Situação atual do Fundo\u003C\u002Fem>\u003C\u002Fh6>\u003Ch6>\u003Cem>Premissas de resultado¹:\u003C\u002Fem>\u003C\u002Fh6>\u003Cul>\u003Cli>\u003Cp>\u003Cem>Forecast baseado no atingimento dos orçamentos de NOI dos shoppings previstos para o ano de 2026.\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cem>Crescimento real de 2,5% a.a. a partir de 2027.\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Ch6>\u003Cstrong>Expectativa de Geração de Resultado Recorrente (R$\u002Fcota) VISC11²\u003C\u002Fstrong>\u003C\u002Fh6>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003Cem>Composição da carteira VISC11\u003C\u002Fem>\u003C\u002Fth>\u003Cth>\u003Cem>Julho\u002F2026\u003C\u002Fem>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003Cem>Imóveis (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>4.362.916\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>FIIs (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>5.336\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Caixa (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>146.709\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Dívidas (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1.172.808\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Contas a Pagar\u002FReceber (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-14.210\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Patrimônio Líquido (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>3.327.943\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Dívida Líquida (R$ ‘000)\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>-1.020.763\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003Cem>Dívida Líquida\u002FImóveis\u003C\u002Fem>\u003C\u002Ftd>\u003Ctd>\u003Cem>23,4%\u003C\u002Fem>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch6>\u003Cem>Guidance 2026:\u003C\u002Fem>\u003C\u002Fh6>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0015-08.png\">\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cem>A estimativa de rendimentos do Fundo é de uma distribuição entre R$ 0,84 e R$ 0,90\u002Fcota até dezembro de 2026.\u003C\u002Fem>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0015-10.png\">\u003C\u002Fp>\u003Cp>\u003Cem>Fonte: Vinci Compass\u003C\u002Fem>\u003C\u002Fp>\u003Cblockquote>\u003Cp>\u003Cem>¹ A rentabilidade esperada considera a atual situação do Fundo e não representa e nem deve ser considerada, a qualquer momento e sobre qualquer hipótese, como promessa, garantia ou sugestão de rentabilidade futura.\u003C\u002Fem>\u003C\u002Fp>\u003C\u002Fblockquote>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0015-13.png\">\u003C\u002Fp>\u003Cp>\u003Cem>² Média Mensal\u003C\u002Fem>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F5185\u002F5185.pdf-0016-00.png\">\u003C\u002Fp>\u003Cp>VINCI\u003Cbr>COMPASS\u003Cbr>\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FVISC11\u002Fdocumentos\u002F5185\u002Fpdf",false,"https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1295356","2026-06-30","2026-08-17 19:07:00",1,{"title":17,"description":18,"canonical":19,"image":20,"json_ld":21,"nome":46,"resumo":87},"Outros Relatórios VISC11 de 30\u002F06\u002F2026 | Kartac","Outros Relatórios de 30\u002F06\u002F2026 do VISC11 (Vinci Shopping Centers), entrega em 17\u002F08\u002F2026. DY 12 meses de 10,29% e P\u002FVP 0,84 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FVISC11\u002Fdocumentos\u002F5185","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\u002FVISC11\u002Fdocumentos\u002F5185#pagina",{"@id":32},"2026-10-19",{"@id":41},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FVISC11\u002Fdocumentos\u002F5185#documento",{"@id":43},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FVISC11\u002Fdocumentos\u002F5185#migalhas",{"@type":45,"@id":41,"name":46,"alternateName":5,"url":19,"inLanguage":33,"about":47,"genre":7,"datePublished":49,"temporalCoverage":13,"author":50,"publisher":56,"isBasedOn":12},"Report","Outros Relatórios VISC11 de 30\u002F06\u002F2026",{"@id":48},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FVISC11#fundo","2026-08-17",{"@type":25,"name":51,"identifier":52},"VINCI REAL ESTATE GESTORA DE RECURSOS LTDA.",{"@type":53,"propertyID":54,"value":55},"PropertyValue","CNPJ","13.838.015\u002F0001-75",{"@type":25,"name":57},"BRL TRUST DTVM S.A.",{"@type":59,"@id":48,"name":60,"alternateName":61,"url":64,"category":65,"identifier":66,"provider":71},"InvestmentFund","Vinci Shopping Centers",[62,63],"VISC11","VINCI SHOPPING CENTERS FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FVISC11","Shoppings",[67,69],{"@type":53,"propertyID":68,"value":62},"Ticker B3",{"@type":53,"propertyID":54,"value":70},"17.554.274\u002F0001-25",{"@type":25,"name":51,"identifier":72},{"@type":53,"propertyID":54,"value":55},{"@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":88,"frases":89},"2026-11-05",[90,91,92,93,94],"Outros Relatórios do Vinci Shopping Centers (VISC11), fundo imobiliário de shoppings, com data de referência em 30\u002F06\u002F2026, com entrega no FundosNet (B3) em 17\u002F08\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do VISC11 fechou a R$ 97,37, com P\u002FVP de 0,84 (valor patrimonial de R$ 115,79 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,84 por cota, com pagamento em nov\u002F2026, e o dividend yield dos últimos 12 meses é de 10,29% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 3,3 bilhões no informe mensal de setembro de 2026.","Os indicadores são os mais recentes da base do Kartac, não os do período do documento.",{"id":96,"empresa":97,"gestor":101,"cotacoes":107,"patrimonio":222,"vpa":223,"p_vpa":224,"tipo_gestao":225,"mandato":226,"segmento":65,"categoria":227,"grupo":65,"preco_atual":220,"cotacao_atualizada_em":228,"ultima_variacao_cotacao_24h":229,"variacao_cotacao_7d":230,"variacao_cotacao_1m":231,"variacao_cotacao_3m":232,"variacao_cotacao_6m":233,"variacao_cotacao_12m":234,"vacancia_fisica":235,"liquidez_atual":236,"ultimo_dividendo":237,"ultimo_dividend_yield":238,"mes_pagamento_ultimo_dividendo":239,"dividend_yield_3m":240,"dividend_yield_6m":241,"dividend_yield_12m":242,"dividend_yield_medio_12m":243,"qtd_dividendos_pagos_ano_passado":244,"data_ultima_cotacao":219,"pregoes_com_negocio_21":245,"alertas":246,"updated_at":247,"liquidez_media_reais":248,"administrador":57,"taxa_administracao_paga":249,"balanco":250,"resultado_distribuido":258,"publico_alvo":262,"mercados_negociacao_cotas":263,"data_funcionamento":265,"data_final":226,"quantidade_cotas":266,"quantidade_cotistas":267,"detalhes_cotistas":268,"total_investido":274,"investimentos_fundo":275,"imoveis":279,"contratos":567,"custodiante":597,"auditor_independente":602,"formador_mercado":226,"distribuidor_cotas":607,"consultor_especializado":226,"administrador_locacoes":226,"relatorio_anual":608,"analise_administrador":611},692,{"nome":63,"nome_simplificado":98,"nome_comercial":60,"ticker":62,"nome_ticker":99,"nome_pregao":100,"cnpj":70},"VINCI SHOPPING CENTERS   RESPONSABILIDADE LIMITADA","VISC11 - VINCI SHOPPING CENTERS FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","FII VINCI SC",{"id":102,"nome":51,"cnpj":103,"endereco":104,"telefone":105,"created_at":106,"updated_at":106},95,"13838015000175","Avenida Bartolomeu Mitre nº 336, 5º andar, parte, Leblon, Rio de Janeiro","(11) 3572-3700","2026-10-03T18:58:16.000000Z",[108,114,120,126,132,137,143,149,155,159,164,170,176,181,187,193,199,205,211,217],{"id":109,"data":110,"abertura":111,"ultimo":112,"volume":113},3288868,"2026-10-06",106.5,112.5,153881,{"id":115,"data":116,"abertura":117,"ultimo":118,"volume":119},3289193,"2026-10-07",112.3,111.94,134903,{"id":121,"data":122,"abertura":123,"ultimo":124,"volume":125},3290415,"2026-10-08",112.17,112.85,119577,{"id":127,"data":128,"abertura":129,"ultimo":130,"volume":131},3290970,"2026-10-09",112.99,114,77462,{"id":133,"data":134,"abertura":130,"ultimo":135,"volume":136},3357016,"2026-10-13",113.25,135324,{"id":138,"data":139,"abertura":140,"ultimo":141,"volume":142},3375603,"2026-10-14",113.45,113.5,94710,{"id":144,"data":145,"abertura":146,"ultimo":147,"volume":148},3376332,"2026-10-15",113.48,113.75,140289,{"id":150,"data":151,"abertura":152,"ultimo":153,"volume":154},3377122,"2026-10-16",113.9,113.6,130070,{"id":156,"data":39,"abertura":157,"ultimo":152,"volume":158},3445060,112.6,76961,{"id":160,"data":161,"abertura":162,"ultimo":141,"volume":163},3446524,"2026-10-20",113.76,59490,{"id":165,"data":166,"abertura":167,"ultimo":168,"volume":169},3459739,"2026-10-21",113.4,113.53,67804,{"id":171,"data":172,"abertura":173,"ultimo":174,"volume":175},3473583,"2026-10-22",113.09,113.55,41033,{"id":177,"data":178,"abertura":130,"ultimo":179,"volume":180},3488129,"2026-10-23",114.2,87069,{"id":182,"data":183,"abertura":184,"ultimo":185,"volume":186},3566115,"2026-10-26",109,104.62,142587,{"id":188,"data":189,"abertura":190,"ultimo":191,"volume":192},3580217,"2026-10-27",104.89,101.76,206881,{"id":194,"data":195,"abertura":196,"ultimo":197,"volume":198},3594417,"2026-10-28",101.66,99.85,86318,{"id":200,"data":201,"abertura":202,"ultimo":203,"volume":204},3609174,"2026-10-29",99.98,98.37,80785,{"id":206,"data":207,"abertura":208,"ultimo":209,"volume":210},3624812,"2026-10-30",98.79,99.2,74897,{"id":212,"data":213,"abertura":214,"ultimo":215,"volume":216},3682109,"2026-11-03",98.36,95.81,90209,{"id":218,"data":219,"abertura":215,"ultimo":220,"volume":221},3695622,"2026-11-04",97.37,93771,3338022866.46,115.79,"0.84","Ativa",null,"Tijolo","2026-11-05 09:00","0.0163","-0.0102","-0.1345","-0.0633","-0.1161","-0.0757","0.05780",14529,"0.8400","0.0085","Nov\u002F2026","0.0259","0.0518","0.1029","0.0078",12,21,[],"05\u002F11\u002F2026 08:02",11333893.72,0.0105,{"data_referencia":251,"ativo":252,"passivo":253,"obrigacoes_imoveis":254,"obrigacoes_securitizacao":255,"liquidez":256,"valores_receber":257},"2026-09-01",4435512472.42,1097489605.96,258273967.55,721975847,91729138.9,91755140.76,{"data_referencia":13,"resultado":259,"rendimentos":260,"percentual":261},147978472.81,147978472.8095,0.9999999999966211,"Investidores em Geral",[264],"Bolsa","2013-08-07",28828640,346772,{"Pessoa Física":269,"Pessoa jurídica não financeira":270,"Outros fundos de investimento":271,"Investidores não residentes":272,"Fundos de investimento imobiliário":273,"Entidade aberta de previdência complementar":80,"Sociedade seguradora ou resseguradora":80,"Outros tipos de cotistas não relacionados":80,"Corretora ou distribuidora":15,"Outras pessoas jurídicas financeiras":15,"Entidade fechada de previdência complementar":15},346240,452,32,25,14,4252028192.76,{"Imóveis para renda":276,"Cotas de FIIs":277,"Ações de sociedades imobiliárias":278},3974071831.76,270024696.71,7931664.29,{"vacancia_total":280,"lista_imoveis":281,"data_referencia":13,"vacancia_suspeita":11},0.05780209334620055,[282,291,300,309,317,326,335,344,353,362,371,380,389,397,406,415,424,433,442,451,460,469,478,487,496,505,514,522,531,540,549,558],{"nome":283,"vacancia":284,"numero_unidades":285,"area":286,"endereco":287,"percentual_inadimplencia":288,"percentual_receitas":289,"ocupacao":290},"Prudenshopping",0.053449,149,31108,"Av. Manoel Goulart, 2400 - Jardim das Rosas - Presidente Prudente - SP",0.011903,0.111525,0.946551,{"nome":292,"vacancia":293,"numero_unidades":294,"area":295,"endereco":296,"percentual_inadimplencia":297,"percentual_receitas":298,"ocupacao":299},"Shopping Praia da Costa",0.086745,208,39765,"Avenida Doutor Olivio Lira, 353 - Praia da Costa, Vila Velha\u002FES",0.03499,0.069863,0.913255,{"nome":301,"vacancia":302,"numero_unidades":303,"area":304,"endereco":305,"percentual_inadimplencia":306,"percentual_receitas":307,"ocupacao":308},"Campinas Shopping ",0.041895,141,36165,"Rua Jacy Teixeireira de Camargo, 940 - Campinas\u002FSP",0.021735,0.066924,0.958105,{"nome":310,"vacancia":311,"numero_unidades":294,"area":312,"endereco":313,"percentual_inadimplencia":314,"percentual_receitas":315,"ocupacao":316},"Porto Velho Shopping",0.062252,44824,"Av. Prefeito Chiquilito Erse, 3288 - Porto Velho\u002FRO",0.008489,0.065974,0.937748,{"nome":318,"vacancia":319,"numero_unidades":320,"area":321,"endereco":322,"percentual_inadimplencia":323,"percentual_receitas":324,"ocupacao":325},"Shopping Paralela",0.038708,275,40166,"Avenida Luiz Viana, 8544 - Salvador - BA",0.012833,0.065594,0.961292,{"nome":327,"vacancia":328,"numero_unidades":329,"area":330,"endereco":331,"percentual_inadimplencia":332,"percentual_receitas":333,"ocupacao":334},"BH SHOPPING",0.023488,459,47474,"BR-356, nº 3049, no bairro Belvedere, região sul de Belo Horizonte",0.008692,0.051385,0.976512,{"nome":336,"vacancia":337,"numero_unidades":338,"area":339,"endereco":340,"percentual_inadimplencia":341,"percentual_receitas":342,"ocupacao":343},"Shopping Granja Vianna",0.065205,160,30376,"Rodovia Raposo Tavares, 23.500 - Lageadinho, Cotia-SP ",0.003673,0.04971,0.934795,{"nome":345,"vacancia":346,"numero_unidades":347,"area":348,"endereco":349,"percentual_inadimplencia":350,"percentual_receitas":351,"ocupacao":352},"Shopping Estação Curitiba",0.064625,153,27663,"Avenida Sete de Setembro nº 2.775 - Curitiba - PR",0.017673,0.049,0.935375,{"nome":354,"vacancia":355,"numero_unidades":356,"area":357,"endereco":358,"percentual_inadimplencia":359,"percentual_receitas":360,"ocupacao":361},"Pantanal Shopping",0.014081,219,45222,"Av. Historiador Rubens de Mendonça (Av. CPA), 3300 - Cuiabá\u002FMT",0.017655,0.048616,0.985919,{"nome":363,"vacancia":364,"numero_unidades":365,"area":366,"endereco":367,"percentual_inadimplencia":368,"percentual_receitas":369,"ocupacao":370},"North Shopping Maracanaú",0.024768,103,20001,"Av. Carlos Jereissati, 100 - Maracanaú\u002FCE",0.028271,0.047325,0.975232,{"nome":372,"vacancia":373,"numero_unidades":374,"area":375,"endereco":376,"percentual_inadimplencia":377,"percentual_receitas":378,"ocupacao":379},"Shopping Ribeirão",0.096994,437,74988,"Avenida Coronel Fernando Ferreira Leite nº 1.540 - Ribeirão Preto\u002FSP",0.022916,0.043095,0.903006,{"nome":381,"vacancia":382,"numero_unidades":383,"area":384,"endereco":385,"percentual_inadimplencia":386,"percentual_receitas":387,"ocupacao":388},"Villa Romana",0.025871,180,22438,"Av. Madre Benvenuta, 687 - Santa Mônica, Trindade - Florianópolis - SC",-0.013974,0.033421,0.974129,{"nome":390,"vacancia":391,"numero_unidades":338,"area":392,"endereco":393,"percentual_inadimplencia":394,"percentual_receitas":395,"ocupacao":396},"Natal Shopping",0.045555,28363,"Avenida Senador Salgado Filho, 2234 - Natal, RN",0.024762,0.028901,0.954445,{"nome":398,"vacancia":399,"numero_unidades":400,"area":401,"endereco":402,"percentual_inadimplencia":403,"percentual_receitas":404,"ocupacao":405},"Shopping Iguatemi Fortaleza",0.078886,432,89832,"Av. Washington Soares, 85 - Edson Queiroz, Fortaleza - CE",0.03664,0.0268,0.921114,{"nome":407,"vacancia":408,"numero_unidades":409,"area":410,"endereco":411,"percentual_inadimplencia":412,"percentual_receitas":413,"ocupacao":414},"Shopping Boulevard",0.074152,174,28948,"Rua Barão de São Francisco, 236 - Rio de Janeiro\u002FRJ",0.052836,0.02408,0.925848,{"nome":416,"vacancia":417,"numero_unidades":418,"area":419,"endereco":420,"percentual_inadimplencia":421,"percentual_receitas":422,"ocupacao":423},"Ilha Plaza",0.048896,138,21933,"Av. Maestro Paulo e Silva, 400 - Rio de Janeiro - RJ",0.019052,0.023187,0.951104,{"nome":425,"vacancia":426,"numero_unidades":427,"area":428,"endereco":429,"percentual_inadimplencia":430,"percentual_receitas":431,"ocupacao":432},"Carioca Shopping ",0.04592,188,33918,"Av Vicente de Carvalho, 909 - Vila da Penha - RJ",0.033541,0.020611,0.95408,{"nome":434,"vacancia":435,"numero_unidades":436,"area":437,"endereco":438,"percentual_inadimplencia":439,"percentual_receitas":440,"ocupacao":441},"Pátio Belém",0.038472,183,21727,"Trav. Padre Eutíquio, 1078 – Belém - PA",-0.000107,0.019528,0.961528,{"nome":443,"vacancia":444,"numero_unidades":445,"area":446,"endereco":447,"percentual_inadimplencia":448,"percentual_receitas":449,"ocupacao":450},"Minas Shopping",0.045834,234,45860,"Av. Cristiano Machado, 4000 - União - Belo horizonte - MG",-0.007675,0.018424,0.954166,{"nome":452,"vacancia":453,"numero_unidades":454,"area":455,"endereco":456,"percentual_inadimplencia":457,"percentual_receitas":458,"ocupacao":459},"TERRENOS MIDWAY MALL",0.01796,293,67796,"Av. Nevaldo Rocha, 3775 - Tirol, Natal - RN, 59015-450",-0.012436,0.016451,0.98204,{"nome":461,"vacancia":462,"numero_unidades":463,"area":464,"endereco":465,"percentual_inadimplencia":466,"percentual_receitas":467,"ocupacao":468},"Shopping Bangu ",0.018863,186,57982,"Rua Fonseca, 240 - Bangu, Rio de Janeiro - RJ",0.034598,0.016398,0.981137,{"nome":470,"vacancia":471,"numero_unidades":472,"area":473,"endereco":474,"percentual_inadimplencia":475,"percentual_receitas":476,"ocupacao":477},"Via Sul Shopping ",0.162418,127,25847,"Av. Washington Soares, 4335 - Lagoa Sapiranga - Fortaleza - CE",-0.01675,0.015205,0.837582,{"nome":479,"vacancia":480,"numero_unidades":481,"area":482,"endereco":483,"percentual_inadimplencia":484,"percentual_receitas":485,"ocupacao":486},"Shopping Conjunto Nacional",0.033101,228,43271,"SDN, CNB - Asa Norte, Brasilia - DF",0.000387,0.015136,0.966899,{"nome":488,"vacancia":489,"numero_unidades":490,"area":491,"endereco":492,"percentual_inadimplencia":493,"percentual_receitas":494,"ocupacao":495},"Shopping Tacaruna",0.065328,242,49897,"Avenida Governador Agamenon Magalhães, 153 - Sto Amaro, Recife - PE",0.037808,0.014597,0.934672,{"nome":497,"vacancia":498,"numero_unidades":499,"area":500,"endereco":501,"percentual_inadimplencia":502,"percentual_receitas":503,"ocupacao":504},"Shopping Madureira",0.053184,161,37000,"Estr. do Portela, 222 - Madureira, Rio de Janeiro – RJ",0.040984,0.014323,0.946816,{"nome":506,"vacancia":507,"numero_unidades":508,"area":509,"endereco":510,"percentual_inadimplencia":511,"percentual_receitas":512,"ocupacao":513},"Shopping ABC",0.02503,231,48017,"Av. Pereira Barreto, 42 - Santo André - SP",0.047807,0.012917,0.97497,{"nome":515,"vacancia":516,"numero_unidades":303,"area":517,"endereco":518,"percentual_inadimplencia":519,"percentual_receitas":520,"ocupacao":521},"West Shopping",0.016989,44233,"Estrada do Mendanha, 450 \u002F 550 e 555 – Rio de Janeiro – RJ",0.00731,0.009119,0.983011,{"nome":523,"vacancia":524,"numero_unidades":525,"area":526,"endereco":527,"percentual_inadimplencia":528,"percentual_receitas":529,"ocupacao":530},"Villagio Caxias",0.028911,146,29685,"Rodovia RSC 453, 2780 - Desvio Rizzo, Caixas do Sul - RS ",0.008909,0.008238,0.971089,{"nome":532,"vacancia":533,"numero_unidades":534,"area":535,"endereco":536,"percentual_inadimplencia":537,"percentual_receitas":538,"ocupacao":539},"Plaza Sul",0.030839,201,23500,"Praça Leonor Kaupa, 100 - Jardim da Saúde, São Paulo - SP",0.012981,0.007178,0.969161,{"nome":541,"vacancia":542,"numero_unidades":543,"area":544,"endereco":545,"percentual_inadimplencia":546,"percentual_receitas":547,"ocupacao":548},"São Luís Shopping",0.16568,233,56226,"Av. Prof. Carlos Cunha, 1000 - Jaracaty, São Luís - MA",0.04787,0.004875,0.83432,{"nome":550,"vacancia":551,"numero_unidades":552,"area":553,"endereco":554,"percentual_inadimplencia":555,"percentual_receitas":556,"ocupacao":557},"Center Shopping Rio",0.074564,77,15143,"Avenida Geremario Dantas, 404 - Rio de Janeiro - RJ",0.166642,0.000941,0.925436,{"nome":559,"vacancia":560,"numero_unidades":561,"area":562,"endereco":563,"percentual_inadimplencia":564,"percentual_receitas":565,"ocupacao":566},"Shopping Crystal",0.254329,96,15139,"Rua Comendador Araujo, 731 - Curitiba - PR",0.256596,0.00063,0.745671,{"data_referencia":13,"prazos":568,"indexadores":569,"receita_aluguel_trimestre":591,"valor_imoveis":592,"cap_rate":593,"receita_sobre_mercado":594,"aluguel_m2_mes":595,"area_ocupada":596},[],[570,573,576,579,582,585,588],{"nome":571,"percentual":572},"IGPM-DI",0.433174,{"nome":574,"percentual":575},"IGP-M",0.336202,{"nome":577,"percentual":578},"IPCA",0.108415,{"nome":580,"percentual":581},"Outros",0.092279,{"nome":583,"percentual":584},"INPC",0.022286,{"nome":586,"percentual":587},"MÉDIA (IGP-DI | IPCA e IPC)",0.004937,{"nome":589,"percentual":590},"IPC",0.002707,78221818.81,3995577676.27,0.078308,0.111465,22.24,1172572,{"id":80,"nome":57,"cnpj":598,"endereco":599,"telefone":600,"created_at":601,"updated_at":601},"13486793000142","R. Alves Guimarães, 1216 - Pinheiros, São Paulo - SP, 05410-002","(11) 3509-0600","2026-06-07T17:17:20.000000Z",{"id":561,"nome":603,"cnpj":604,"endereco":605,"telefone":606,"created_at":106,"updated_at":106},"KPMG AUDITORES INDEPENDENTES","57755217001281","Setor 2, Rua do Passeio, 38 - 17 andar - Centro, Rio de Janeiro - RJ, 20021-280","(21) 2207-9400",{"id":80,"nome":57,"cnpj":598,"endereco":599,"telefone":600,"created_at":601,"updated_at":601},{"ano_referencia":609,"data_disponibilizacao":610},"2025","2026-03-31",{"ResultadoFundo":612,"ConjunturaEconomica":613,"PerspectivaPeriodoSeguinte":614},"No exercício social findo em 31\u002F12\u002F2025, o Fundo, foi apurado o lucro contabil no montante de R$ 41.550.306,38.\n","Em 2024, o ano começou com otimismo no mercado, impulsionado pela expectativa de melhora no cenário macroeconômico e pela perspectiva de queda da Selic. Esse sentimento positivo refletiu-se no desempenho do IFIX, que acumulou uma alta superior a 6% até março. No entanto, a partir de abril, o cenário mudou: a confiança na recuperação econômica enfraqueceu, e as incertezas fiscais, somadas às discussões sobre a reforma tributária, aumentaram a aversão ao risco. Como resultado, o índice enfrentou uma performance mais fraca no segundo semestre, fechando o ano com performance negativa.\n\nNo segmento de shoppings a perfomance foi positiva durante o ano de 2024. Na média, os shoppings apresentaram crescimento de NOI acima da inflação e crescimentos de vendas ainda maiores, o que contribuiu para o crescimento do setor.\n\n","Para 2026, a expectativa é de um ambiente de atividade econômica mais moderado e inflação em trajetória de desaceleração. Nesse contexto, o mercado passou a incorporar a perspectiva de início de um ciclo de flexibilização da política monetária, ainda que em ambiente de juros reais elevados. Caso esse movimento se consolide, a redução da taxa básica de juros poderá contribuir para condições mais favoráveis aos ativos domésticos ao longo do período.\n\nNo segmento de shopping centers, os orçamentos dos ativos indicam expectativa de crescimento de resultados em patamar semelhante ou superior ao observado em 2025, apoiado pelo aumento de ocupação verificado ao longo do último ano, que já contribui para uma base de receita contratada mais forte para o período. Adicionalmente, um ambiente de juros em trajetória de queda pode favorecer o consumo e beneficiar o desempenho operacional dos shoppings. Medidas com potencial de ampliação da renda disponível das famílias, como a ampliação da faixa de isenção do Imposto de Renda, também podem representar suporte adicional para a dinâmica de vendas do setor. Por outro lado, a manutenção do IGP-M acumulado em 12 meses em patamar negativo segue como ponto de atenção, na medida em que pode limitar o repasse contratual de aluguéis em parte da carteira."]