[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo:\u002Fdetalhes\u002FWHGR11\u002Fdocumentos\u002F16506":3,"documento:WHGR11:16506":87,"fii-documento:WHGR11":96},{"title":4,"description":5,"canonical":6,"image":7,"json_ld":8,"nome":33,"resumo":79},"Relatório Gerencial WHGR11 de dezembro de 2025 | Kartac","Relatório Gerencial de dezembro de 2025 do WHGR11 (WHG Real Estate), entrega em 20\u002F01\u002F2026. DY 12 meses de 14,49% e P\u002FVP 0,86 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FWHGR11\u002Fdocumentos\u002F16506","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":9,"@graph":10},"https:\u002F\u002Fschema.org",[11,17,22,31,49,64],{"@type":12,"@id":13,"name":14,"url":15,"logo":16},"Organization","https:\u002F\u002Fwww.kartac.com.br\u002F#organizacao","Kartac","https:\u002F\u002Fwww.kartac.com.br\u002F","https:\u002F\u002Fwww.kartac.com.br\u002Fandroid-chrome-512x512.png",{"@type":18,"@id":19,"name":14,"url":15,"inLanguage":20,"publisher":21},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":13},{"@type":23,"@id":24,"url":6,"name":4,"description":5,"inLanguage":20,"isPartOf":25,"dateModified":26,"mainEntity":27,"breadcrumb":29},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FWHGR11\u002Fdocumentos\u002F16506#pagina",{"@id":19},"2026-11-02",{"@id":28},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FWHGR11\u002Fdocumentos\u002F16506#documento",{"@id":30},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FWHGR11\u002Fdocumentos\u002F16506#migalhas",{"@type":32,"@id":28,"name":33,"alternateName":34,"url":6,"inLanguage":20,"about":35,"genre":37,"datePublished":38,"temporalCoverage":39,"author":40,"publisher":46,"isBasedOn":48},"Report","Relatório Gerencial WHGR11 de dezembro de 2025","(WHGR) Relatório Gerencial - 31\u002F12\u002F2025",{"@id":36},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FWHGR11#fundo","Relatórios","2026-01-20","2025-12",{"@type":12,"name":41,"identifier":42},"WEALTH HIGH GOVERNANCE ASSET MANAGEMENT LTDA.",{"@type":43,"propertyID":44,"value":45},"PropertyValue","CNPJ","39.563.738\u002F0001-00",{"@type":12,"name":47},"XP INVESTIMENTOS CORRETORA DE CÂMBIO, TÍTULOS E VAL MOB S\u002FA","https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1088388",{"@type":50,"@id":36,"name":51,"alternateName":52,"url":55,"category":56,"identifier":57,"provider":62},"InvestmentFund","WHG Real Estate",[53,54],"WHGR11","WHG REAL ESTATE FUNDO DE INVESTIMENTO IMOBILIÁRIO - FII RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FWHGR11","Papel",[58,60],{"@type":43,"propertyID":59,"value":53},"Ticker B3",{"@type":43,"propertyID":44,"value":61},"41.256.643\u002F0001-88",{"@type":12,"name":41,"identifier":63},{"@type":43,"propertyID":44,"value":45},{"@type":65,"@id":30,"itemListElement":66},"BreadcrumbList",[67,71,75,77],{"@type":68,"position":69,"name":70,"item":15},"ListItem",1,"Início",{"@type":68,"position":72,"name":73,"item":74},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":68,"position":76,"name":53,"item":55},3,{"@type":68,"position":78,"name":34,"item":6},4,{"atualizado_em":80,"frases":81},"2026-11-05",[82,83,84,85,86],"Relatório Gerencial do WHG Real Estate (WHGR11), fundo imobiliário de papel, referente a dezembro de 2025, com entrega no FundosNet (B3) em 20\u002F01\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do WHGR11 fechou a R$ 8,28, com P\u002FVP de 0,86 (valor patrimonial de R$ 9,62 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,10 por cota, com pagamento em nov\u002F2026, e o dividend yield dos últimos 12 meses é de 14,49% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 297,3 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":88,"descricao":34,"assunto":89,"tipo":37,"situacao":90,"texto":91,"link_pdf":92,"estruturado":93,"link_original":48,"data_referencia":94,"data_entrega":95,"versao":69},16506,"Relatório Gerencial","(Ativo)","\u003Ch3>WVIHIG Asset Management\u003C\u002Fh3>\u003Cp>Dezembro de 2025\u003C\u002Fp>\u003Ch3>Relatório Gerencial\u003C\u002Fh3>\u003Cp>\u003Cstrong>WHGR11\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>WHG Real Estate Fundo de Investimento Imobiliário – FII\u003C\u002Fp>\u003Ch3>WHG Real Estate FII\u003C\u002Fh3>\u003Cp>O Fundo tem por objeto auferir rendimentos e\u002Fou ganho de capital, bem como proporcionar aos cotistas a valorização de suas cotas por meio do investimento e, conforme o caso, desinvestimento, nos seguintes ativos (“Ativos Alvo”): (i) quaisquer direitos reais sobre imóveis (“Imóveis”); (ii) ações, debêntures, bônus de subscrição, seus cupons, direitos, recibos de subscrição e certificados de desdobramentos, certificados de depósito de valores mobiliários, cédulas de debêntures, cotas de fundos de investimento, notas promissórias e quaisquer outros valores mobiliários, desde que se trate de emissores registrados na CVM e cujas atividades preponderantes sejam permitidas aos fundos de investimento imobiliários; (iii) ações ou quotas de sociedades cujo único propósito se enquadre entre as atividades permitidas aos FII (“SPEs”); (iv) cotas de fundos de investimento em participações, que tenham como política de investimento, exclusivamente, atividades permitidas aos FII ou de fundos de investimento em ações que sejam setoriais e que invistam exclusivamente em construção civil ou no mercado imobiliário; (v) certificados de potencial adicional de construção emitidos com base na Instrução CVM nº 401, de 29 de dezembro de 2003, conforme alterada; (vi) cotas de outros FII; (vii) certificados de recebíveis imobiliários e cotas de fundos de investimento em direitos creditórios que tenham como política de investimento, exclusivamente, atividades permitidas aos FII e desde que estes certificados e cotas tenham sido objeto de oferta pública registrada na CVM ou cujo registro tenha sido dispensado nos termos da regulamentação em vigor; (viii) letras hipotecárias; (ix) letras de crédito imobiliário; e (x) letras imobiliárias garantidas.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_1_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Valor de Mercado\u003C\u002Fstrong> (R$\u002Fcota) \u003Cstrong>R$ 9,35\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_1_image_6.jpg\">\u003C\u002Fp>\u003Cp>Valor Patrimonial (R$\u002Fcota) R$ 9,83\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_1_image_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Valor Patrimonial Do Fundo R$ 304,9mm\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_1_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Último Rendimento\u003C\u002Fstrong> (R$\u002Fcota) \u003Cstrong>R$ 0,10\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_1_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Dividend Yield\u003C\u002Fstrong> (a.m) \u003Cstrong>Cota de Mercado 1,07%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_1_image_14.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Número de Cotistas 15.430\u003C\u002Fstrong>\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Razão Social\u003C\u002Fth>\u003Cth>WHG RealEstateFII\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>CNPJ\u003C\u002Ftd>\u003Ctd>41.256.643\u002F0001-88\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Início das atividades\u003C\u002Ftd>\u003Ctd>Dez-21\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Administradora\u003C\u002Ftd>\u003Ctd>XPINVESTIMENTOSCCTVMS.A.\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Gestora\u003C\u002Ftd>\u003Ctd>WHG AssetManagement\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Público-alvo\u003C\u002Ftd>\u003Ctd>Investidoresemgeral\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Taxa de Adm. e Gestão\u003C\u002Fth>\u003Cth>1,00%a.a\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Taxadeperformance\u003C\u002Ftd>\u003Ctd>20% doque excederIPCA + médiado Yielddo IMAB5, conformeregulamento\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ofertas Concluídas\u003C\u002Ftd>\u003Ctd>3\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Código de negociação\u003C\u002Ftd>\u003Ctd>WHGR11\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo Anbima\u003C\u002Ftd>\u003Ctd>FII MultiestratégiaGestão Ativa\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Prazo\u003C\u002Ftd>\u003Ctd>Indeterminado\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch2>Comentários do Gestor\u003C\u002Fh2>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_2_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>O Fundo encerrou o mês de dezembro com 100,7% do seu patrimônio líquido alocado em ativos-alvo, sendo 71,6% em CRIs, 18,9% em FIIs e ações listadas, 8,1% em imóveis e permutas e 2,0% em instrumentos de caixa.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>A parcela investida em CRIs possui uma taxa de aquisição média de IPCA + 8,69% a.a. \u003Cstrong>(MTM IPCA + 9,88% a.a.)\u003C\u002Fstrong>, com duration de 3,85 anos para a parcela atrelada à inflação, e CDI + 4,34% a.a. \u003Cstrong>(MTM CDI + 4,39% a.a.)\u003C\u002Fstrong> com duration de 1,53 anos para a parcela atrelada ao CDI.\u003C\u002Fp>\u003Cp>No dia 15 de janeiro serão pagos aos cotistas detentores de cotas do fundo em 30 de dezembro de 2025 os rendimentos referentes ao mês de dezembro, equivalentes a R$ 0,10 por cota. Tal distribuição representa uma rentabilidade de \u003Cstrong>1,07% ao mês\u003C\u002Fstrong>, considerando a cota de fechamento de dezembro de R$ 9,35. Nos últimos 12 meses, o fundo distribuiu aos seus cotistas um total de R$ 1,235 por cota, representando uma rentabilidade de \u003Cstrong>13,21% ao ano\u003C\u002Fstrong> sobre a cota de fechamento. Desde seu início (dez\u002F21) o desempenho acumulado do WHGR11 (cota patrimonial ajustada por dividendos) é de 56,0% e o IFIX de 41,2%, uma performance acumulada de \u003Cstrong>136% do IFIX\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>Em dezembro, o WHGR11 encerrou o mês com 15.430 cotistas. O volume de negociação do fundo foi de R$ 5,4 milhões, representando um volume médio diário de R$ 269 mil.\u003C\u002Fp>\u003Cp>Durante o mês, o portfólio registrou movimentações de aproximadamente R$ 24,6 milhões em fundos imobiliários e ações, sendo R$ 13,9 milhões em compras e R$ 10,7 milhões em vendas. Houve aumento de exposição a FIIs e ações e redução da posição em CRIs. Realizamos uma realocação setorial: monetizamos ganhos de capital em posições que consideramos próximas aos nossos preços-alvo nas condições de mercado atuais e aumentamos a exposição em incorporadoras listadas.\u003C\u002Fp>\u003Cp>Um destaque do mês foi a subscrição de R$ 13 milhões pelo fundo na oferta do HPDP11 (Shopping Parque Dom Pedro), na qual exerceu o direito de preferência para adquirir participação adicional no ativo com desconto de 10% sobre o valor patrimonial. O pagamento será parcelado ao longo do 1º semestre de 2026 e, em dezembro, realizamos um aporte inicial correspondente a 16% do valor comprometido. Entendemos que se trata de uma excelente oportunidade de alocar capital em um ativo icônico do interior de São Paulo, já consolidado e com potencial de crescimento, além de estar a um preço inferior às avaliações. Adicionalmente, vale reforçar que, no acumulado de 2025, o ganho de capital do book líquido contribuiu \u003Cstrong>R$ 1,82 milhão, cerca de R$ 0,059\u002Fcota\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>A alocação do portfólio de FIIs e ações está distribuída em 26,3% em hedge funds, 22,2% em shoppings, 12,9% em recebíveis, 7,4% em escritórios, 7,3% em híbridos, 4,8% em fundo de fundos, 4,0% em logístico e 15,0% em outros. O dividend yield da carteira fechou o mês em 13,00% ao ano.\u003C\u002Fp>\u003Ch2>Comentários do Gestor\u003C\u002Fh2>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_3_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Atualizações CRIs:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Vista Faria Lima\u003C\u002Fstrong>:\u003C\u002Fp>\u003Cp>Durante o mês, ocorreu o pré-pagamento do CRI Vista Faria Lima, após a venda do ativo para um fundo imobiliário. O fundo ingressou nessa posição em maio de 2023, à taxa de CDI + 2,40% a.a., com aquisição realizada a deságio em relação ao valor de curva. Com a liquidação na curva, o fundo apurou, em dezembro, um ganho de capital de aproximadamente R$ 364 mil, equivalente a cerca de R$ 0,012 por cota, com impacto direto no resultado do período.\u003C\u002Fp>\u003Cp>Na sequência, o fundo subscreveu o CRI emitido pelo fundo imobiliário responsável pela aquisição do ativo, correspondente a 68% do valor de compra. A taxa de entrada da nova operação foi IPCA + 8,57% a.a. Considerando o saldo devedor do CRI, o preço implícito de execução do imóvel, em um cenário de estresse, seria de aproximadamente R$ 27.500\u002Fm², patamar significativamente inferior ao custo de reposição de um ativo dessa qualidade na região da Faria Lima.\u003C\u002Fp>\u003Ch3>Pesa AIZ:\u003C\u002Fh3>\u003Cp>Em 24 de dezembro, foi realizada assembleia que aprovou a venda do imóvel dado em garantia da operação até 27 de fevereiro de 2026, conforme a proposta apresentada. Com os recursos provenientes da venda, o CRI deverá ser liquidado ao PU de R$ 839,35. No fechamento de dezembro, o ativo estava marcado no fundo a R$ 823,89, de modo que, caso a venda se concretize, haverá impacto positivo na cota patrimonial.\u003C\u002Fp>\u003Cp>Ainda assim, o valor aprovado representa um desconto de aproximadamente 20% em relação ao saldo devedor atualizado do CRI. Embora não se trate do cenário ideal, concordamos com a decisão da assembleia, uma vez que uma solução negociada nessas condições tende a ser superior à alternativa judicial, que poderia se estender por anos — especialmente à luz do custo de oportunidade do capital no cenário atual e da possibilidade de reinvestimento dos recursos ao longo de 2026.\u003C\u002Fp>\u003Ch3>Resultado Operacional\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Va lores em R$\u003C\u002Fth>\u003Cth>dez-25\u003C\u002Fth>\u003Cth>nov-25\u003C\u002Fth>\u003Cth>2025\u003C\u002Fth>\u003Cth>Desde o I nício\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Receitas\u003C\u002Ftd>\u003Ctd>4.034.086\u003C\u002Ftd>\u003Ctd>3.695.571\u003C\u002Ftd>\u003Ctd>42.901.446\u003C\u002Ftd>\u003Ctd>142.341.039\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas CRI\u003C\u002Ftd>\u003Ctd>2.439.453\u003C\u002Ftd>\u003Ctd>2.657.568\u003C\u002Ftd>\u003Ctd>31.697.530\u003C\u002Ftd>\u003Ctd>112.813.661\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>J u ros Rem u nerató rios\u003C\u002Ftd>\u003Ctd>1 .888.398\u003C\u002Ftd>\u003Ctd>1 .983.479\u003C\u002Ftd>\u003Ctd>23.831 .308\u003C\u002Ftd>\u003Ctd>86.388.433\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Co r reçã o M o netá ria\u003C\u002Ftd>\u003Ctd>1 87.441\u003C\u002Ftd>\u003Ctd>674.089\u003C\u002Ftd>\u003Ctd>7.505.003\u003C\u002Ftd>\u003Ctd>24.21 2.1 70\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>G a n ho de Ca pita l\u003C\u002Ftd>\u003Ctd>363.61 4\u003C\u002Ftd>\u003Ctd>0\u003C\u002Ftd>\u003Ctd>361 .21 8\u003C\u002Ftd>\u003Ctd>2.213.058\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas FI Is e Ações\u003C\u002Ftd>\u003Ctd>923.512\u003C\u002Ftd>\u003Ctd>718.056\u003C\u002Ftd>\u003Ctd>7.534.530\u003C\u002Ftd>\u003Ctd>20.391.297\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dividendos\u003C\u002Ftd>\u003Ctd>635.296\u003C\u002Ftd>\u003Ctd>491 .627\u003C\u002Ftd>\u003Ctd>5.711 .973\u003C\u002Ftd>\u003Ctd>1 7.647.721\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>G a n ho de Ca pita l\u003C\u002Ftd>\u003Ctd>288.21 6\u003C\u002Ftd>\u003Ctd>226.430\u003C\u002Ftd>\u003Ctd>1 .822.557\u003C\u002Ftd>\u003Ctd>2.743.576\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas I mobiliá rias\u003C\u002Ftd>\u003Ctd>584.928\u003C\u002Ftd>\u003Ctd>236.540\u003C\u002Ftd>\u003Ctd>2.995.369\u003C\u002Ftd>\u003Ctd>5.814.096\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Per m utas Fi na ncei ras\u003C\u002Ftd>\u003Ctd>543.577\u003C\u002Ftd>\u003Ctd>1 86.409\u003C\u002Ftd>\u003Ctd>2.21 7.71 9\u003C\u002Ftd>\u003Ctd>4.574.650\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>O pera çã o Reco m pra\u003C\u002Ftd>\u003Ctd>41 .351\u003C\u002Ftd>\u003Ctd>50.132\u003C\u002Ftd>\u003Ctd>777.650\u003C\u002Ftd>\u003Ctd>1 .239.445\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Remu neração Caixa\u003C\u002Ftd>\u003Ctd>86.193\u003C\u002Ftd>\u003Ctd>83.406\u003C\u002Ftd>\u003Ctd>674.018\u003C\u002Ftd>\u003Ctd>3.321.985\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas\u003C\u002Ftd>\u003Ctd>(210.088)\u003C\u002Ftd>\u003Ctd>(294.067)\u003C\u002Ftd>\u003Ctd>(3.518.167)\u003C\u002Ftd>\u003Ctd>(15.420.618)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Ad m i n istra çã o\u003C\u002Ftd>\u003Ctd>(204.856)\u003C\u002Ftd>\u003Ctd>(252.059)\u003C\u002Ftd>\u003Ctd>(2.627.727)\u003C\u002Ftd>\u003Ctd>(9.369.939)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas O pera cio n a is\u003C\u002Ftd>\u003Ctd>(5.232)\u003C\u002Ftd>\u003Ctd>(42.008)\u003C\u002Ftd>\u003Ctd>(837.1 40)\u003C\u002Ftd>\u003Ctd>(4.240.1 82)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Co m pro m issa d as\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>(53.300)\u003C\u002Ftd>\u003Ctd>(1 .81 0.497)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resu ltado Operaciona l\u003C\u002Ftd>\u003Ctd>3.823.998\u003C\u002Ftd>\u003Ctd>3.401.504\u003C\u002Ftd>\u003Ctd>39.383.280\u003C\u002Ftd>\u003Ctd>126.920.421\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Distribu ição\u003C\u002Ftd>\u003Ctd>3.091.238\u003C\u002Ftd>\u003Ctd>3.091.238\u003C\u002Ftd>\u003Ctd>38.176.788\u003C\u002Ftd>\u003Ctd>123.298.271\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Distribu ição por Cota\u003C\u002Ftd>\u003Ctd>0,100\u003C\u002Ftd>\u003Ctd>0,100\u003C\u002Ftd>\u003Ctd>1,235\u003C\u002Ftd>\u003Ctd>4,550\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Composição do Resultado Operacional\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_7.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_8.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_9.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_12.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_13.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_14.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_4_image_15.jpg\">\u003C\u002Fp>\u003Ch3>Retorno do Fundo\u003C\u002Fh3>\u003Cp>\u003Cstrong>1 3, 62% a .a .\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Dividend Yield\u003C\u002Fstrong> (anualizado)\u003C\u002Fp>\u003Cp>Equivalente a\u003C\u002Fp>\u003Cp>Valor por cota \u003Cstrong>R$ 0,10\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 9,35\u003C\u002Fstrong>Cota de fechamento\u003C\u002Fp>\u003Cp>Data do pagamento\u003Cstrong>14\u002F01\u002F2026\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_5_chart_9.jpg\">\u003C\u002Fp>\u003Cp>Fonte: WHG e Comdinheiro\u003C\u002Fp>\u003Ch3>Mercado Secundário\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_6_chart_3.jpg\">\u003C\u002Fp>\u003Cp>Volume Financeiro – MM 21du\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_6_chart_5.jpg\">\u003C\u002Fp>\u003Cp>Evolução de Cotistas\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_6_chart_7.jpg\">\u003C\u002Fp>\u003Ch3>Sensibilidade Mercado Secundário\u003C\u002Fh3>\u003Cp>A título de apresentar mais informações aos cotistas, foi realizado o estudo de sensibilidade das taxas em relação ao preço do secundário¹, a fim de evidenciar o carrego implícito com base no ágio ou deságio da cota de mercado.\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>% P L\u003C\u002Fth>\u003Cth>78,7%\u003C\u002Fth>\u003Cth>19,0%\u003C\u002Fth>\u003Cth>2,3%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Cota de Mercado\u003C\u002Ftd>\u003Ctd>I PCA +\u003C\u002Ftd>\u003Ctd>C D I +\u003C\u002Ftd>\u003Ctd>IGP-M +\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 8,60\u003C\u002Ftd>\u003Ctd>1 3,21 %\u003C\u002Ftd>\u003Ctd>1 2,78%\u003C\u002Ftd>\u003Ctd>1 7,86%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 8,75\u003C\u002Ftd>\u003Ctd>1 2,81 %\u003C\u002Ftd>\u003Ctd>1 1 ,78%\u003C\u002Ftd>\u003Ctd>1 7,05%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 8,90\u003C\u002Ftd>\u003Ctd>1 2,42%\u003C\u002Ftd>\u003Ctd>1 0,78%\u003C\u002Ftd>\u003Ctd>1 6,24%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,05\u003C\u002Ftd>\u003Ctd>1 2,02%\u003C\u002Ftd>\u003Ctd>9,79%\u003C\u002Ftd>\u003Ctd>1 5,43%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,20\u003C\u002Ftd>\u003Ctd>1 1 ,63%\u003C\u002Ftd>\u003Ctd>8,79%\u003C\u002Ftd>\u003Ctd>1 4,62%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,35\u003C\u002Ftd>\u003Ctd>11,23%\u003C\u002Ftd>\u003Ctd>7,79%\u003C\u002Ftd>\u003Ctd>13,82%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,50\u003C\u002Ftd>\u003Ctd>1 0,83%\u003C\u002Ftd>\u003Ctd>6,79%\u003C\u002Ftd>\u003Ctd>1 3,01 %\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,65\u003C\u002Ftd>\u003Ctd>1 0,44%\u003C\u002Ftd>\u003Ctd>5,80%\u003C\u002Ftd>\u003Ctd>1 2,20%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,80\u003C\u002Ftd>\u003Ctd>1 0,04%\u003C\u002Ftd>\u003Ctd>4,80%\u003C\u002Ftd>\u003Ctd>1 1 ,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 9,95\u003C\u002Ftd>\u003Ctd>9,65%\u003C\u002Ftd>\u003Ctd>3,80%\u003C\u002Ftd>\u003Ctd>1 0,58%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>R$ 10,10\u003C\u002Ftd>\u003Ctd>9,25%\u003C\u002Ftd>\u003Ctd>2,80%\u003C\u002Ftd>\u003Ctd>9,77%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>1: Essas projeções são estimativas com base no cenário atual, de caráter meramente informativo e não constituem qualquer tipo de aconselhamento, recomendação de compra ou venda, consultoria ou análise de valores mobiliários, muito menos devem ser consideradas, em nenhuma hipótese, como promessa ou garantia de retorno esperado. 2: A sensibilidade não considera taxa de administração e performance\u003C\u002Fp>\u003Ch3>WHG Real Estate FII\u003C\u002Fh3>\u003Ch3>Análise da Carteira\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Tipo\u003C\u002Fth>\u003Cth>Código\u003C\u002Fth>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Segmento\u003C\u002Fth>\u003Cth>Valor (R$mm)\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003Cth>Indexador\u003C\u002Fth>\u003Cth>Taxa de Aquisição\u003C\u002Fth>\u003Cth>Taxa MTM\u003C\u002Fth>\u003Cth>Prazo\u003C\u002Fth>\u003Cth>Duration\u003C\u002Fth>\u003Cth>LTV\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24A2806776\u003C\u002Ftd>\u003Ctd>Centro Logístico Rio Claro\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>21,19\u003C\u002Ftd>\u003Ctd>7,0%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,96%\u003C\u002Ftd>\u003Ctd>9,37%\u003C\u002Ftd>\u003Ctd>19\u002F01\u002F2039\u003C\u002Ftd>\u003Ctd>5,6 anos\u003C\u002Ftd>\u003Ctd>36,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22G0282158\u003C\u002Ftd>\u003Ctd>Brookfield Sub\u003C\u002Ftd>\u003Ctd>Escritórios\u003C\u002Ftd>\u003Ctd>19,91\u003C\u002Ftd>\u003Ctd>6,5%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,85%\u003C\u002Ftd>\u003Ctd>11,56%\u003C\u002Ftd>\u003Ctd>19\u002F07\u002F2027\u003C\u002Ftd>\u003Ctd>1,4 anos\u003C\u002Ftd>\u003Ctd>54,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>21L0666218\u003C\u002Ftd>\u003Ctd>You - Perdizes Authentique\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>16,71\u003C\u002Ftd>\u003Ctd>5,5%\u003C\u002Ftd>\u003Ctd>CDl+\u003C\u002Ftd>\u003Ctd>4,30%\u003C\u002Ftd>\u003Ctd>4,30%\u003C\u002Ftd>\u003Ctd>16\u002F12\u002F2026\u003C\u002Ftd>\u003Ctd>0,8 anos\u003C\u002Ftd>\u003Ctd>71,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22F0930128\u003C\u002Ftd>\u003Ctd>Emergent Cold\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>14,92\u003C\u002Ftd>\u003Ctd>4,9%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,30%\u003C\u002Ftd>\u003Ctd>9,77%\u003C\u002Ftd>\u003Ctd>22\u002F03\u002F2034\u003C\u002Ftd>\u003Ctd>3,5 anos\u003C\u002Ftd>\u003Ctd>55,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>2412268708\u003C\u002Ftd>\u003Ctd>FGR Berlim\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>13,98\u003C\u002Ftd>\u003Ctd>4,6%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,50%\u003C\u002Ftd>\u003Ctd>9,85%\u003C\u002Ftd>\u003Ctd>19\u002F09\u002F2041\u003C\u002Ftd>\u003Ctd>5,7 anos\u003C\u002Ftd>\u003Ctd>45,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24L1967186\u003C\u002Ftd>\u003Ctd>HGBS Shopping Mooca\u003C\u002Ftd>\u003Ctd>Shopping\u003C\u002Ftd>\u003Ctd>9,92\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,00%\u003C\u002Ftd>\u003Ctd>8,63%\u003C\u002Ftd>\u003Ctd>21\u002F06\u002F2032\u003C\u002Ftd>\u003Ctd>2,9 anos\u003C\u002Ftd>\u003Ctd>46,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22G0641775\u003C\u002Ftd>\u003Ctd>Órigo II\u003C\u002Ftd>\u003Ctd>Energia\u003C\u002Ftd>\u003Ctd>9,14\u003C\u002Ftd>\u003Ctd>3,0%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,00%\u003C\u002Ftd>\u003Ctd>12,99%\u003C\u002Ftd>\u003Ctd>30\u002F06\u002F2034\u003C\u002Ftd>\u003Ctd>3,8 anos\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>2110931497\u003C\u002Ftd>\u003Ctd>Pátio Malzoni\u003C\u002Ftd>\u003Ctd>Escritórios\u003C\u002Ftd>\u003Ctd>9,04\u003C\u002Ftd>\u003Ctd>3,0%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>6,77%\u003C\u002Ftd>\u003Ctd>7,48%\u003C\u002Ftd>\u003Ctd>15\u002F09\u002F2031\u003C\u002Ftd>\u003Ctd>4,8 anos\u003C\u002Ftd>\u003Ctd>58,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24L2029849\u003C\u002Ftd>\u003Ctd>Cardoso de Mello Sênior\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>8,24\u003C\u002Ftd>\u003Ctd>2,7%\u003C\u002Ftd>\u003Ctd>CDl+\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>3,52%\u003C\u002Ftd>\u003Ctd>15\u002F12\u002F2028\u003C\u002Ftd>\u003Ctd>2,3 anos\u003C\u002Ftd>\u003Ctd>22,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22E1284935\u003C\u002Ftd>\u003Ctd>Assaí\u003C\u002Ftd>\u003Ctd>Varejo\u003C\u002Ftd>\u003Ctd>8,17\u003C\u002Ftd>\u003Ctd>2,7%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>6,75%\u003C\u002Ftd>\u003Ctd>9,34%\u003C\u002Ftd>\u003Ctd>11\u002F04\u002F2034\u003C\u002Ftd>\u003Ctd>3,9 anos\u003C\u002Ftd>\u003Ctd>46,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22A0695877\u003C\u002Ftd>\u003Ctd>Vinci Globo\u003C\u002Ftd>\u003Ctd>Escritórios\u003C\u002Ftd>\u003Ctd>7,54\u003C\u002Ftd>\u003Ctd>2,5%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>6,83%\u003C\u002Ftd>\u003Ctd>9,52%\u003C\u002Ftd>\u003Ctd>07\u002F01\u002F2037\u003C\u002Ftd>\u003Ctd>4,8 anos\u003C\u002Ftd>\u003Ctd>66,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>2411465727\u003C\u002Ftd>\u003Ctd>Cariris\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>7,28\u003C\u002Ftd>\u003Ctd>2,4%\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>5,25%\u003C\u002Ftd>\u003Ctd>5,53%\u003C\u002Ftd>\u003Ctd>26\u002F09\u002F2029\u003C\u002Ftd>\u003Ctd>2,7 anos\u003C\u002Ftd>\u003Ctd>70,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24C1526928\u003C\u002Ftd>\u003Ctd>Shopping Metrô Itaquera\u003C\u002Ftd>\u003Ctd>Shopping\u003C\u002Ftd>\u003Ctd>7,14\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,11%\u003C\u002Ftd>\u003Ctd>8,81%\u003C\u002Ftd>\u003Ctd>15\u002F04\u002F2039\u003C\u002Ftd>\u003Ctd>5,6 anos\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22H1579450\u003C\u002Ftd>\u003Ctd>Pátio Roraima\u003C\u002Ftd>\u003Ctd>Shopping\u003C\u002Ftd>\u003Ctd>7,05\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,05%\u003C\u002Ftd>\u003Ctd>10,78%\u003C\u002Ftd>\u003Ctd>25\u002F08\u002F2034\u003C\u002Ftd>\u003Ctd>3,9 anos\u003C\u002Ftd>\u003Ctd>15,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>23E1226516\u003C\u002Ftd>\u003Ctd>WT Elements GRU\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>6,23\u003C\u002Ftd>\u003Ctd>2,0%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>9,00%\u003C\u002Ftd>\u003Ctd>9,44%\u003C\u002Ftd>\u003Ctd>17\u002F05\u002F2033\u003C\u002Ftd>\u003Ctd>3,3 anos\u003C\u002Ftd>\u003Ctd>39,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>25K3796700\u003C\u002Ftd>\u003Ctd>Vista Faria Lima\u003C\u002Ftd>\u003Ctd>Escritórios\u003C\u002Ftd>\u003Ctd>6,02\u003C\u002Ftd>\u003Ctd>2,0%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,57%\u003C\u002Ftd>\u003Ctd>8,58%\u003C\u002Ftd>\u003Ctd>18\u002F11\u002F2032\u003C\u002Ftd>\u003Ctd>5,2 anos\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>21E0407810\u003C\u002Ftd>\u003Ctd>Gazit Malls Fll\u003C\u002Ftd>\u003Ctd>Shopping\u003C\u002Ftd>\u003Ctd>5,29\u003C\u002Ftd>\u003Ctd>1,7%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,00%\u003C\u002Ftd>\u003Ctd>9,28%\u003C\u002Ftd>\u003Ctd>15\u002F05\u002F2037\u003C\u002Ftd>\u003Ctd>5,4 anos\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22B0581101\u003C\u002Ftd>\u003Ctd>Alínea Urbanismo\u003C\u002Ftd>\u003Ctd>Loteamento\u003C\u002Ftd>\u003Ctd>5,11\u003C\u002Ftd>\u003Ctd>1,7%\u003C\u002Ftd>\u003Ctd>IGP-M\u003C\u002Ftd>\u003Ctd>7,85%\u003C\u002Ftd>\u003Ctd>11,05%\u003C\u002Ftd>\u003Ctd>22\u002F02\u002F2030\u003C\u002Ftd>\u003Ctd>1,9 anos\u003C\u002Ftd>\u003Ctd>21,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>23L1605236\u003C\u002Ftd>\u003Ctd>MRV Flex Sênior\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>4,77\u003C\u002Ftd>\u003Ctd>1,6%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>10,07%\u003C\u002Ftd>\u003Ctd>8,98%\u003C\u002Ftd>\u003Ctd>15\u002F09\u002F2034\u003C\u002Ftd>\u003Ctd>4,8 anos\u003C\u002Ftd>\u003Ctd>49,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>21L0355178\u003C\u002Ftd>\u003Ctd>Hedge Logistica (VCP)\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>4,74\u003C\u002Ftd>\u003Ctd>1,6%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>8,75%\u003C\u002Ftd>\u003Ctd>8,94%\u003C\u002Ftd>\u003Ctd>15\u002F12\u002F2031\u003C\u002Ftd>\u003Ctd>2,0 anos\u003C\u002Ftd>\u003Ctd>48,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>2210246580\u003C\u002Ftd>\u003Ctd>Arena MRV\u003C\u002Ftd>\u003Ctd>Entretenimento\u003C\u002Ftd>\u003Ctd>4,66\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003Ctd>CDl+\u003C\u002Ftd>\u003Ctd>5,25%\u003C\u002Ftd>\u003Ctd>5,21%\u003C\u002Ftd>\u003Ctd>24\u002F09\u002F2029\u003C\u002Ftd>\u003Ctd>1,5 anos\u003C\u002Ftd>\u003Ctd>40,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>21F0568504\u003C\u002Ftd>\u003Ctd>Pesa AIZ\u003C\u002Ftd>\u003Ctd>Industrial\u003C\u002Ftd>\u003Ctd>4,12\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,00%\u003C\u002Ftd>\u003Ctd>8,07%\u003C\u002Ftd>\u003Ctd>22\u002F09\u002F2031\u003C\u002Ftd>\u003Ctd>3,5 anos\u003C\u002Ftd>\u003Ctd>53,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22E1314511\u003C\u002Ftd>\u003Ctd>Plaenge 2S\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>4,02\u003C\u002Ftd>\u003Ctd>1,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,80%\u003C\u002Ftd>\u003Ctd>7,80%\u003C\u002Ftd>\u003Ctd>15\u002F06\u002F2027\u003C\u002Ftd>\u003Ctd>1,3 anos\u003C\u002Ftd>\u003Ctd>69,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22H1814286\u003C\u002Ftd>\u003Ctd>Construtora Capital\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>3,85\u003C\u002Ftd>\u003Ctd>1,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>11,00%\u003C\u002Ftd>\u003Ctd>15,76%\u003C\u002Ftd>\u003Ctd>15\u002F09\u002F2027\u003C\u002Ftd>\u003Ctd>0,8 anos\u003C\u002Ftd>\u003Ctd>31,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>23F1240696\u003C\u002Ftd>\u003Ctd>MRV Pró-Soluto\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>2,68\u003C\u002Ftd>\u003Ctd>0,9%\u003C\u002Ftd>\u003Ctd>CDl+\u003C\u002Ftd>\u003Ctd>4,00%\u003C\u002Ftd>\u003Ctd>4,00%\u003C\u002Ftd>\u003Ctd>15\u002F06\u002F2029\u003C\u002Ftd>\u003Ctd>1,0 anos\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22J1370286\u003C\u002Ftd>\u003Ctd>P&G - Harmonia da Vila\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>1,87\u003C\u002Ftd>\u003Ctd>0,6%\u003C\u002Ftd>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>27\u002F05\u002F2026\u003C\u002Ftd>\u003Ctd>0,3 anos\u003C\u002Ftd>\u003Ctd>13,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24G2828593\u003C\u002Ftd>\u003Ctd>NR Pinheiro de Sá - 3S\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>1,49\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>12,50%\u003C\u002Ftd>\u003Ctd>12,94%\u003C\u002Ftd>\u003Ctd>15\u002F10\u002F2027\u003C\u002Ftd>\u003Ctd>1,5 anos\u003C\u002Ftd>\u003Ctd>52,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>22E1313951\u003C\u002Ftd>\u003Ctd>Plaenge 1S\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>1,29\u003C\u002Ftd>\u003Ctd>0,4%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>7,80%\u003C\u002Ftd>\u003Ctd>7,76%\u003C\u002Ftd>\u003Ctd>17\u002F08\u002F2026\u003C\u002Ftd>\u003Ctd>0,6 anos\u003C\u002Ftd>\u003Ctd>41,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24G2828590\u003C\u002Ftd>\u003Ctd>NR Pinheiro de Sá - 1S\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>1,00\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>12,50%\u003C\u002Ftd>\u003Ctd>13,43%\u003C\u002Ftd>\u003Ctd>15\u002F10\u002F2027\u003C\u002Ftd>\u003Ctd>1,5 anos\u003C\u002Ftd>\u003Ctd>52,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>24G2828592\u003C\u002Ftd>\u003Ctd>NR Pinheiro de Sá - 2S\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>1,00\u003C\u002Ftd>\u003Ctd>0,3%\u003C\u002Ftd>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>12,50%\u003C\u002Ftd>\u003Ctd>13,43%\u003C\u002Ftd>\u003Ctd>15\u002F10\u002F2027\u003C\u002Ftd>\u003Ctd>1,5 anos\u003C\u002Ftd>\u003Ctd>52,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Tipo\u003C\u002Fth>\u003Cth>Código\u003C\u002Fth>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Segmento\u003C\u002Fth>\u003Cth>Valor (R$mm)\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Fll\u003C\u002Ftd>\u003Ctd>MCRE11\u003C\u002Ftd>\u003Ctd>Mauá Capital Real Estate FII\u003C\u002Ftd>\u003Ctd>Hedge Fund\u003C\u002Ftd>\u003Ctd>15,18\u003C\u002Ftd>\u003Ctd>5,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII\u003C\u002Ftd>\u003Ctd>KNIP11\u003C\u002Ftd>\u003Ctd>Kinea Índices de Preços Fll\u003C\u002Ftd>\u003Ctd>Recebíveis\u003C\u002Ftd>\u003Ctd>2,63\u003C\u002Ftd>\u003Ctd>0,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Fll\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Outros\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>28,05\u003C\u002Ftd>\u003Ctd>9,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Total FII\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>45,86\u003C\u002Ftd>\u003Ctd>15,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo\u003C\u002Ftd>\u003Ctd>Código\u003C\u002Ftd>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>Valor (R$mm)\u003C\u002Ftd>\u003Ctd>% PL\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ação\u003C\u002Ftd>\u003Ctd>ALOS3\u003C\u002Ftd>\u003Ctd>Allos\u003C\u002Ftd>\u003Ctd>Shopping\u003C\u002Ftd>\u003Ctd>3,12\u003C\u002Ftd>\u003Ctd>1,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ação\u003C\u002Ftd>\u003Ctd>PLPL3\u003C\u002Ftd>\u003Ctd>Plano & Plano\u003C\u002Ftd>\u003Ctd>Incorporações\u003C\u002Ftd>\u003Ctd>2,33\u003C\u002Ftd>\u003Ctd>0,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ação\u003C\u002Ftd>\u003Ctd>MDNE3\u003C\u002Ftd>\u003Ctd>Moura Dubeux\u003C\u002Ftd>\u003Ctd>Incorporações\u003C\u002Ftd>\u003Ctd>2,09\u003C\u002Ftd>\u003Ctd>0,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ação\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Outros\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>4,30\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Total Ação\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>11,85\u003C\u002Ftd>\u003Ctd>3,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Tipo\u003C\u002Ftd>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Permuta\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Mod Pinheiros\u003C\u002Ftd>\u003Ctd>Segmento Residencial\u003C\u002Ftd>\u003Ctd>Valor (R$mm) 14,06\u003C\u002Ftd>\u003Ctd>% PL\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Permuta\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Miguel Calfat\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>4,93\u003C\u002Ftd>\u003Ctd>4,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Retrovenda\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Itá Conceição\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>2,99\u003C\u002Ftd>\u003Ctd>1,6% 1,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Permuta\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Alameda Itu Jardins\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003Ctd>2,80\u003C\u002Ftd>\u003Ctd>0,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Total Imóveis\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>24,79\u003C\u002Ftd>\u003Ctd>8,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Caixa\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>5,99\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Total de Ativos\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>306,85\u003C\u002Ftd>\u003Ctd>2,0% 100,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Passivo\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>-1,99\u003C\u002Ftd>\u003Ctd>-0,7%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Patrimônio Líquido\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>304,87\u003C\u002Ftd>\u003Ctd>100,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cota Patrimonial\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>9,86\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Análise da Carteira\u003C\u002Fh3>\u003Cp>Carteira de CRI\u003C\u002Fp>\u003Cp>Alocação por indexador\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_9_chart_5.jpg\">\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Ctd colspan=\"2\">I PCA+\u003C\u002Ftd>\u003Ctd>C D I+\u003C\u002Ftd>\u003Ctd>IGP-M\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Curva\u003C\u002Ftd>\u003Ctd>8,69%\u003C\u002Ftd>\u003Ctd>4,34%\u003C\u002Ftd>\u003Ctd>7,85%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>MTM\u003C\u002Ftd>\u003Ctd>9 88%,\u003C\u002Ftd>\u003Ctd>4 39%,\u003C\u002Ftd>\u003Ctd>11 05%,\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Carteira de Líquidos (FII e Ações)\u003C\u002Fp>\u003Cp>Exposição por Segmento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_9_chart_9.jpg\">\u003C\u002Fp>\u003Cp>Alocação por Segmento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_9_chart_11.jpg\">\u003C\u002Fp>\u003Cp>Alocação vs. IFIX\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_9_chart_13.jpg\">\u003C\u002Fp>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_10_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_10_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_10_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_10_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_10_image_7.jpg\">\u003C\u002Fp>\u003Ch3>CRI Alínea Urbanismo\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Segmento\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Loteamento\u003C\u002Fp>\u003Cp>Santa Catarina\u003C\u002Fp>\u003Cp>22B0581101\u003C\u002Fp>\u003Cp>IGP-M + 008%\u003C\u002Fp>\u003Cp>22\u002F02\u002F2030\u003C\u002Fp>\u003Ch3>CRI Arena MRV\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Entretenimento\u003C\u002Fp>\u003Cp>Belo Horizonte - MG\u003C\u002Fp>\u003Cp>2210246580\u003C\u002Fp>\u003Cp>CDI + 005%\u003C\u002Fp>\u003Cp>24\u002F09\u002F2029\u003C\u002Fp>\u003Ch3>CRI Assaí\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Varejo\u003C\u002Fp>\u003Cp>Diversificado\u003C\u002Fp>\u003Cp>22E1284935\u003C\u002Fp>\u003Cp>IPCA + 007%\u003C\u002Fp>\u003Cp>11\u002F04\u002F2034\u003C\u002Fp>\u003Ch3>CRI Brookfield Sub\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Escritórios\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>22G0282158\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>19\u002F07\u002F2027\u003C\u002Fp>\u003Ch3>CRI Cardoso de Mello Sênior\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>24L2029849\u003C\u002Fp>\u003Cp>CDI + 004%\u003C\u002Fp>\u003Cp>15\u002F12\u002F2028\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Aval dos sócios, AF das SPEs, Fundo de Reserva e Subordinação.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>CF de Recebíveis, CF de Conta Vinculada, AF das Ações do Fll, Fundo de Reserva.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF de Cotas do Fll Barzel, futuro detendor de até 17 imóveis alvo da 1a Emissão de Cotas do Fll Barzel, que serão locados pelo Assaí Atacadista. Com LTV máximo de 60%.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>CF de Direitos Creditórios, AF dos Imóveis, AF das Cotas, Fundo de Reserva e Compromisso de Aporte.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Col>\u003Cli>Aval dos Sócios e da Incorporadora; 2. AF de Cotas das SPEs; 3. AF do Terreno até incorporação e AF Recebíveis das Unidades Selecionadas após lançamento.\u003C\u002Fli>\u003C\u002Fol>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_11_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_11_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_11_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_11_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_11_image_7.jpg\">\u003C\u002Fp>\u003Ch3>CRI Cariris\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Segmento\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>241465727\u003C\u002Fp>\u003Cp>CDI + 005%\u003C\u002Fp>\u003Cp>26\u002F09\u002F2029\u003C\u002Fp>\u003Ch3>CRI Centro Logístico Rio Claro\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>Logístico\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Rio Claro - SP\u003C\u002Fp>\u003Cp>24A2806776\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>19\u002F01\u002F2039\u003C\u002Fp>\u003Ch3>CRI Construtora Capital\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>Manaus - AM\u003C\u002Fp>\u003Cp>22H1814286\u003C\u002Fp>\u003Cp>IPCA + 011%\u003C\u002Fp>\u003Cp>15\u002F09\u002F2027\u003C\u002Fp>\u003Ch3>CRI Emergent Cold\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Logístico\u003C\u002Fp>\u003Cp>Diversificado\u003C\u002Fp>\u003Cp>22F0930128\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>22\u002F03\u002F2034\u003C\u002Fp>\u003Ch3>CRI FGR Berlim\u003C\u002Fh3>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>Goiânia - GO\u003C\u002Fp>\u003Cp>2412268708\u003C\u002Fp>\u003Cp>IPCA + 010%\u003C\u002Fp>\u003Cp>19\u002F09\u002F2041\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Aval dos Socios PJ e PF; AF do Imóvel até a incorporação; AF e CF de imoveis pre selecionados pós lançamento; Fundo de Juros e de Despesas.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Aval dos Sócios, Alienação Fiduciária de Imóvel, Cessão Fiduciária dos Direitos Creditórios e Fundo de Juros equivalente a 1 PMT\u003C\u002Fp>\u003Cp>\u003Cstrong>Garantias\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>AF do Imóvel e Fiança dos Sócios.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF de Imóveis, CF de Recebíveis, Fundo de Reserva e Aval dos Sócios.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Aval dos Sócios e controladores; CF de Direitos Creditórios atuais e futuros do empreendimento, com promessa de AF (pós habite-se); AF de Quotas da Devedora; Fundo de Reserva e de Despesas\u003C\u002Fp>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_12_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_12_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_12_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_12_image_6.jpg\">\u003C\u002Fp>\u003Ch3>CRI Gazit Malls FIl\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_12_image_8.jpg\">\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Shopping\u003C\u002Fp>\u003Cp>21E0407810\u003C\u002Fp>\u003Cp>IPCA + 008%\u003C\u002Fp>\u003Cp>15\u002F05\u002F2037\u003C\u002Fp>\u003Ch3>CRI Hedge Logistica (VCP)\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>Logístico\u003C\u002Fp>\u003Cp>Campinas - SP\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>21L0355178\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>15\u002F12\u002F2031\u003C\u002Fp>\u003Ch3>CRI HGBS Shopping Mooca\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Shopping\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>24L1967186\u003C\u002Fp>\u003Cp>IPCA + 008%\u003C\u002Fp>\u003Cp>21\u002F06\u002F2032\u003C\u002Fp>\u003Ch3>CRI MRV Flex Sênior\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>23L1605236\u003C\u002Fp>\u003Cp>IPCA + 010%\u003C\u002Fp>\u003Cp>15\u002F09\u002F2034\u003C\u002Fp>\u003Ch3>CRI MRV Pró-Soluto\u003C\u002Fh3>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>23F1240696\u003C\u002Fp>\u003Cp>CDI + 004%\u003C\u002Fp>\u003Cp>15\u002F06\u002F2029\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>CF dos direitos creditórios dos Shoppings: Internacional Guarulhos, Light, Prado, Morumbi Tow n e CF dos rendimentos auferidos pelo Gazit Malls em razão da titularidade das cotas do Mais Shopping Fll;\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Alienação Fiduciária do Imóvel\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Col>\u003Cli>AF do terreno e das quotas da SPE; Aval\u002FFiança dos sócios e da Holding; CF dos Recebíveis do projeto; Fundo de Reserva de 3 PMTs.\u003C\u002Fli>\u003C\u002Fol>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Fundo de Reserva; Subordinação detida pela MRV de 18,75% do valor integralizado do CRI; Contratos Pré- Chaves e Pós-Chaves: Reembolso compulsório da MRV em caso de distrato ou inadimplência; AF dos Imóveis pós habite-se.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Fundo de Reserva de 18,09% da Carteira e Obrigação de Recomposição da Devedora em até 50% do SD.\u003C\u002Fp>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_13_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_13_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_13_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_13_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_13_image_7.jpg\">\u003C\u002Fp>\u003Ch3>CRI NR Pinheiro de Sá - 1S\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>Serra - ES\u003C\u002Fp>\u003Cp>24G2828590\u003C\u002Fp>\u003Cp>IPCA + 013%\u003C\u002Fp>\u003Cp>15\u002F10\u002F2027\u003C\u002Fp>\u003Ch3>CRI NR Pinheiro de Sá - 2S\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Serra - ES\u003C\u002Fp>\u003Cp>24G2828592\u003C\u002Fp>\u003Cp>IPCA + 013%\u003C\u002Fp>\u003Cp>15\u002F10\u002F2027\u003C\u002Fp>\u003Ch3>CRI NR Pinheiro de Sá - 3S\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>Serra - ES\u003C\u002Fp>\u003Cp>24G2828593\u003C\u002Fp>\u003Cp>IPCA + 013%\u003C\u002Fp>\u003Cp>15\u002F10\u002F2027\u003C\u002Fp>\u003Ch3>CRI Órigo II\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Taxa de aquisição\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>Energia\u003C\u002Fp>\u003Cp>Minas Gerais\u003C\u002Fp>\u003Cp>22G0641775\u003C\u002Fp>\u003Cp>IPCA + 010%\u003C\u002Fp>\u003Cp>30\u002F06\u002F2034\u003C\u002Fp>\u003Ch3>CRI P&G - Harmonia da Vila\u003C\u002Fh3>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>22J1370286\u003C\u002Fp>\u003Cp>CDI + 003%\u003C\u002Fp>\u003Cp>27\u002F05\u002F2026\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Col>\u003Cli>AF do terreno e das quotas da SPE; Aval\u002FFiança dos sócios e da Holding; CF dos Recebíveis do projeto; Fundo de Reserva de 3 PMTs.\u003C\u002Fli>\u003C\u002Fol>\u003Ch3>Garantias\u003C\u002Fh3>\u003Col>\u003Cli>AF do terreno e das quotas da SPE; Aval\u002FFiança dos sócios e da Holding; CF dos Recebíveis do projeto; Fundo de Reserva de 3 PMTs.\u003C\u002Fli>\u003C\u002Fol>\u003Ch3>Garantias\u003C\u002Fh3>\u003Col>\u003Cli>AF do terreno e das quotas da SPE; Aval\u002FFiança dos sócios e da Holding; CF dos Recebíveis do projeto; Fundo de Reserva de 3 PMTs.\u003C\u002Fli>\u003C\u002Fol>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF dos Equipamentos, AF das Cotas e AF dos Direitos de Superfície.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Fiança, CF de Recebíveis, AF de Imóveis, AF de Ações, Fundo de Reserva, Fundo de Despesa e Fundo de Juros.\u003C\u002Fp>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_14_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_14_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_14_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_14_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_14_image_7.jpg\">\u003C\u002Fp>\u003Ch3>CRI Pátio Malzoni\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Segmento\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Escritórios\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>2110931497\u003C\u002Fp>\u003Cp>IPCA + 007%\u003C\u002Fp>\u003Cp>15\u002F09\u002F2031\u003C\u002Fp>\u003Ch3>CRI Pátio Roraima\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Prazo\u003C\u002Fp>\u003Cp>Shopping\u003C\u002Fp>\u003Cp>Boa Vista - RR\u003C\u002Fp>\u003Cp>22H1579450\u003C\u002Fp>\u003Cp>IPCA + 008%\u003C\u002Fp>\u003Cp>25\u002F08\u002F2034\u003C\u002Fp>\u003Ch3>CRI Pesa AIZ\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>São José dos Pinhais - Paraná\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Industrial\u003C\u002Fp>\u003Cp>21F0568504\u003C\u002Fp>\u003Cp>IPCA + 007%\u003C\u002Fp>\u003Cp>22\u002F09\u002F2031\u003C\u002Fp>\u003Ch3>CRI Plaenge 1S\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>Diversificado\u003C\u002Fp>\u003Cp>22E1313951\u003C\u002Fp>\u003Cp>IPCA+ + 008%\u003C\u002Fp>\u003Cp>17\u002F08\u002F2026\u003C\u002Fp>\u003Ch3>CRI Plaenge 2S\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Localização\u003C\u002Fp>\u003Cp>Código\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>Diversificado\u003C\u002Fp>\u003Cp>22E1314511\u003C\u002Fp>\u003Cp>IPCA + 008%\u003C\u002Fp>\u003Cp>15\u002F06\u002F2027\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF dos Imóveis, CF de 100% dos recebíveis detidos pelo Fll oriundos dos Imóveis.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF de Imóvel, CF de Recebíveis, AF de Quotas, Fiança, Fundo de Reserva e LTV máximo de 35%.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>CF de Direitos Creditórios, AF de Imóveis, Aval dos Acionistas e Fundo de Despesas.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Fiança dos Sócios e da Holding, Fundo de Liquidez e CF dos Recebíveis.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Fiança dos Sócios e da Holding, Fundo de Liquidez e CF dos Recebíveis.\u003C\u002Fp>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_15_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_15_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_15_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_15_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_15_image_7.jpg\">\u003C\u002Fp>\u003Ch3>CRI Shopping Metrô Itaquera\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>1\u003Cstrong>Segmento\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Shopping\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>24C1526928\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>15\u002F04\u002F2039\u003C\u002Fp>\u003Ch3>CRI Vinci Globo\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Escritórios\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>22A0695877\u003C\u002Fp>\u003Cp>IPCA + 007%\u003C\u002Fp>\u003Cp>07\u002F01\u002F2037\u003C\u002Fp>\u003Ch3>CRI Vista Faria Lima\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Escritórios\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>25K3796700\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>18\u002F11\u002F2032\u003C\u002Fp>\u003Ch3>CRI WT Elements GRU\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Segmento\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Logístico\u003C\u002Fp>\u003Cp>Guarulhos - SP\u003C\u002Fp>\u003Cp>23E1226516\u003C\u002Fp>\u003Cp>IPCA + 009%\u003C\u002Fp>\u003Cp>17\u002F05\u002F2033\u003C\u002Fp>\u003Ch3>CRI You - Perdizes Authentique\u003C\u002Fh3>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Segmento\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cstrong>Localização\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Código\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>Residencial\u003C\u002Fp>\u003Cp>\u003Cstrong>Taxa de aquisição\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>São Paulo - SP\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>21L0666218\u003C\u002Fp>\u003Cp>CDI + 004%\u003C\u002Fp>\u003Cp>16\u002F12\u002F2026\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Aval solidário das Garantidoras (sócios PJ da concessão); CF dos recebíveis e AF do Direito Real de Uso; ambos 60% da Fase 1 e do Hipermercado, após o fim da operação com o Bradesco (jan\u002F31) mais 30% da Fase 1 e 90% da Fase 2;\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF do Imóvel, CF do Contrato Atípico de Locação e Fundo de Reserva.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>CF dos Recebíveis, AF do Imóvel, Fundo de Reserva e Fundo de Despesa.\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>AF do imóvel; CF do Contrato de Locação Presentes e Futuros; Fundo de Despesas no valor de R$ 120mil\u003C\u002Fp>\u003Ch3>Garantias\u003C\u002Fh3>\u003Cp>Promessa de CF de Recebíveis, AF dos Imóveis, AF de Cotas, Fiança e Fundo de Reserva. Razão de Garantia de 160%.\u003C\u002Fp>\u003Ch3>Descrição dos Ativos\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_16_image_3.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_16_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_16_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_16_image_6.jpg\">\u003C\u002Fp>\u003Ch3>Retrovenda Itá Conceição\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>🏗️ Seg mento\u003C\u002Fth>\u003Cth>Residenc ia l\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>🗺️ Loca l ização\u003C\u002Ftd>\u003Ctd>São P a u lo SP\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>🏢 To rres\u002FUnidades\u003C\u002Ftd>\u003Ctd>1 \u002F 12\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Permuta Alameda Itu Jardins\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Localização\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Torres\u002FUnidades\u003C\u002Ftd>\u003Ctd>1\u002F213\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Aprovação\u003C\u002Ftd>\u003Ctd>Aprovado\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Lançamento\u003C\u002Ftd>\u003Ctd>01\u002F07\u002F2024\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Evolução da Obra\u003C\u002Ftd>\u003Ctd>46,84%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Permuta Miguel Calfat\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Localização\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Torres\u002FUnidades\u003C\u002Ftd>\u003Ctd>1\u002F258\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Aprovação\u003C\u002Ftd>\u003Ctd>Aprovado\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Lançamento\u003C\u002Ftd>\u003Ctd>01\u002F10\u002F2025\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Evolução da Obra\u003C\u002Ftd>\u003Ctd>0,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Permuta Mod Pinheiros\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>Residencial\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Localização\u003C\u002Ftd>\u003Ctd>São Paulo - SP\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Torres\u002FUnidades\u003C\u002Ftd>\u003Ctd>1\u002F171\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Aprovação\u003C\u002Ftd>\u003Ctd>Aprovado\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Lançamento\u003C\u002Ftd>\u003Ctd>01\u002F08\u002F2023\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Evolução da Obra\u003C\u002Ftd>\u003Ctd>53,72%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Descrição\u003C\u002Fh3>\u003Cp>Operação de retrovenda de 29 unidades do empreendimento localizado próximo ao Metrô Conceição. A incorporadora mantém uma opção de recompra com prêmio mensal de CDI + 5,00% a.a.\u003C\u002Fp>\u003Ch3>Descrição\u003C\u002Fh3>\u003Cp>Invest. de permuta em empreendimento residencial, em fase de desenvolvimento, por incorporadora paulista e projeto com VGV de aprox. R$ 119,0 milhões.\u003C\u002Fp>\u003Ch3>Descrição\u003C\u002Fh3>\u003Cp>Invest. de permuta em empreendimento residencial, em fase de desenvolvimento, por incorporadora paulista e projeto com VGV de aprox. R$ 80,5 milhões.\u003C\u002Fp>\u003Ch3>Descrição\u003C\u002Fh3>\u003Cp>Invest. de permuta em empreendimento residencial, em fase de desenvolvimento, por incorporadora paulista e projeto com VGV de aprox. R$ 78,9 milhões\u003C\u002Fp>\u003Cp>\u003Cstrong>Relatório Gerencial\u003C\u002Fstrong> WHG Real Estate FII\u003C\u002Fp>\u003Cp>Este material de divulgação é destinado exclusivamente ao cliente, não considera situação financeira ou necessidades individuais e particulares e não contém todas as informações que um investidor em potencial deve considerar ou analisar antes de investir. Este material foi elaborado pela equipe de gestão de fundos de investimento (“time de gestão”) da Wealth High Governance Asset Management Ltda. (“WHG”), empresa responsável pela gestão de fundos de investimento. O material foi preparado com base em informações públicas, dados desenvolvidos internamente e outras fontes externas, não devendo ser entendido como análise de valor mobiliário, material promocional de oferta, distribuição, consultoria, solicitação de compra e\u002Fou venda ou recomendação de qualquer ativo financeiro ou investimento. A decisão final de alocação cabe exclusivamente ao gestor discricionário da carteira do veículo de investimento. Recomendamos ao cliente que sempre consulte profissionais especializados antes de decidir sobre investimentos em ativos mobiliários. Este material não se caracteriza nem deve ser entendido como uma promessa\u002F um compromisso da WHG de realizar os serviços ou estruturar os veículos de investimento aqui descritos. Este material não se caracteriza e não deve ser entendido como consultoria jurídica, contábil, regulatória ou fiscal em relação aos assuntos aqui tratados. O cliente deve basear-se, exclusivamente, em sua opinião e na opinião de profissionais especializados por ele contratados, para opinar e decidir. A reprodução total ou parcial desta publicação é expressamente proibida, exceto com a autorização da WHG ou a citação por completo da fonte (nomes dos autores, da publicação e da WHG).\u003C\u002Fp>\u003Cp>\u003Cstrong>Agradecemos a confiança.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Para mais informações sobre nossos fundos, consulte: https:\u002F\u002Fwhg.com.br\u002Fasset-management\u003C\u002Fp>\u003Cp>Gestão de Recursos\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_17_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>WHG Views\u003C\u002Fstrong> Entre em nossa comunidade no WhatsApp para acompanhar nossos conteúdos.\u003C\u002Fp>\u003Cp>\u003Cstrong>Siga a WHG\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_17_image_9.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Instagram\u003C\u002Fstrong> @wealth_high_governance\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_17_image_11.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Telegram\u003C\u002Fstrong> wealth_high_governance\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_17_image_13.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>LinkedIn\u003C\u002Fstrong> \u002Fwealth-high-governance\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F16506\u002Fpage_17_image_15.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>X (Twitter)\u003C\u002Fstrong> @WHGAsset\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FWHGR11\u002Fdocumentos\u002F16506\u002Fpdf",false,"2025-12-31","2026-01-20 15:28:00",{"id":97,"empresa":98,"gestor":102,"cotacoes":108,"patrimonio":221,"vpa":222,"p_vpa":223,"tipo_gestao":224,"mandato":225,"segmento":226,"categoria":56,"grupo":56,"preco_atual":219,"cotacao_atualizada_em":227,"ultima_variacao_cotacao_24h":228,"variacao_cotacao_7d":229,"variacao_cotacao_1m":230,"variacao_cotacao_3m":231,"variacao_cotacao_6m":232,"variacao_cotacao_12m":233,"vacancia_fisica":225,"liquidez_atual":234,"ultimo_dividendo":235,"ultimo_dividend_yield":236,"mes_pagamento_ultimo_dividendo":237,"dividend_yield_3m":238,"dividend_yield_6m":239,"dividend_yield_12m":240,"dividend_yield_medio_12m":241,"qtd_dividendos_pagos_ano_passado":242,"data_ultima_cotacao":217,"pregoes_com_negocio_21":243,"alertas":244,"updated_at":245,"liquidez_media_reais":246,"administrador":47,"taxa_administracao_paga":247,"balanco":248,"resultado_distribuido":256,"publico_alvo":261,"mercados_negociacao_cotas":262,"data_funcionamento":264,"data_final":225,"quantidade_cotas":265,"quantidade_cotistas":266,"detalhes_cotistas":267,"total_investido":271,"investimentos_fundo":272,"imoveis":277,"contratos":225,"custodiante":279,"auditor_independente":286,"formador_mercado":225,"distribuidor_cotas":293,"consultor_especializado":225,"administrador_locacoes":225,"relatorio_anual":300,"analise_administrador":303},555,{"nome":54,"nome_simplificado":99,"nome_comercial":51,"ticker":53,"nome_ticker":100,"nome_pregao":101,"cnpj":61},"WHG REAL ESTATE   RESPONSABILIDADE LIMITADA","WHGR11 - WHG REAL ESTATE FUNDO DE INVESTIMENTO IMOBILIÁRIO - FII RESPONSABILIDADE LIMITADA","FII WHG REAL",{"id":103,"nome":41,"cnpj":104,"endereco":105,"telefone":106,"created_at":107,"updated_at":107},212,"39563738000100","AV CIDADE JARDIM 803, ANDAR 7 CONJ 72, ITAIM BIBI, SÃO PAULO - SP\nCEP: 01453-000","(11) 2994-0853","2026-10-03T19:25:41.000000Z",[109,115,121,127,133,138,144,149,153,159,165,171,177,181,187,193,199,204,210,215],{"id":110,"data":111,"abertura":112,"ultimo":113,"volume":114},3288901,"2026-10-06",8.65,8.81,29025,{"id":116,"data":117,"abertura":118,"ultimo":119,"volume":120},3289270,"2026-10-07",8.85,8.9,42142,{"id":122,"data":123,"abertura":124,"ultimo":125,"volume":126},3290370,"2026-10-08",8.92,8.82,72947,{"id":128,"data":129,"abertura":130,"ultimo":131,"volume":132},3291157,"2026-10-09",8.84,8.8,35470,{"id":134,"data":135,"abertura":136,"ultimo":131,"volume":137},3357495,"2026-10-13",8.76,21657,{"id":139,"data":140,"abertura":141,"ultimo":142,"volume":143},3375715,"2026-10-14",8.83,8.86,13063,{"id":145,"data":146,"abertura":119,"ultimo":147,"volume":148},3376595,"2026-10-15",8.99,117981,{"id":150,"data":151,"abertura":147,"ultimo":147,"volume":152},3377052,"2026-10-16",17508,{"id":154,"data":155,"abertura":156,"ultimo":157,"volume":158},3445128,"2026-10-19",9.03,9.04,17732,{"id":160,"data":161,"abertura":162,"ultimo":163,"volume":164},3446614,"2026-10-20",9.08,9.19,22937,{"id":166,"data":167,"abertura":168,"ultimo":169,"volume":170},3459689,"2026-10-21",9.14,9.12,25394,{"id":172,"data":173,"abertura":174,"ultimo":175,"volume":176},3473645,"2026-10-22",9.11,9.09,12772,{"id":178,"data":179,"abertura":169,"ultimo":175,"volume":180},3488073,"2026-10-23",19613,{"id":182,"data":183,"abertura":184,"ultimo":185,"volume":186},3566074,"2026-10-26",8.59,8.57,29828,{"id":188,"data":189,"abertura":190,"ultimo":191,"volume":192},3580052,"2026-10-27",8.66,8.41,31179,{"id":194,"data":195,"abertura":196,"ultimo":197,"volume":198},3594438,"2026-10-28",8.38,8.18,49614,{"id":200,"data":201,"abertura":202,"ultimo":197,"volume":203},3609015,"2026-10-29",8.13,81033,{"id":205,"data":206,"abertura":207,"ultimo":208,"volume":209},3624816,"2026-10-30",8.1,8.29,70505,{"id":211,"data":212,"abertura":208,"ultimo":213,"volume":214},3682053,"2026-11-03",7.8,38123,{"id":216,"data":217,"abertura":218,"ultimo":219,"volume":220},3695557,"2026-11-04",7.88,8.28,35646,297319613.43,9.62,"0.86","Ativa",null,"Multicategoria","2026-11-05 09:00","0.0615","0.0122","-0.0602","-0.0537","-0.1257","-0.0655",5373,"0.1000","0.0121","Nov\u002F2026","0.0362","0.0725","0.1449","0.0110",13,21,[],"05\u002F11\u002F2026 06:00",336510.75,0.000623778398751551,{"data_referencia":249,"ativo":250,"passivo":251,"obrigacoes_imoveis":252,"obrigacoes_securitizacao":253,"liquidez":254,"valores_receber":255},"2026-09-01",301038819.98,3719206.55,89739.99,0,4776462.17,1924666.08,{"data_referencia":257,"resultado":258,"rendimentos":259,"percentual":260},"2026-06-30",19546277.38,18547427.401,0.9488981988958146,"Investidor Qualificado e Profissional",[263],"Bolsa","2021-07-28",30912379,14838,{"Pessoa Física":268,"Outras pessoas jurídicas financeiras":269,"Outros fundos de investimento":270,"Investidores não residentes":78,"Fundos de investimento imobiliário":76},14810,16,5,294337691.73,{"CRI \u002F CRA":273,"Ações de sociedades imobiliárias":274,"Cotas de FIIs":275,"Imóveis para venda":276},218639839.35,38364220.1,34972392.13,2361240.15,{"vacancia_total":253,"lista_imoveis":278,"data_referencia":257,"vacancia_suspeita":93},[],{"id":280,"nome":281,"cnpj":282,"endereco":283,"telefone":284,"created_at":285,"updated_at":285},28,"Oliveira Trust DTVM S.A.","36113876000191","Cidade do Rio de Janeiro, Estado do Rio de Janeiro, na Avenida das América, n.º 3.434, bloco 07, Sala 201, Barra da Tijuca, cep: 22640-102","(21) 3514 - 0000","2026-10-03T18:51:45.000000Z",{"id":287,"nome":288,"cnpj":289,"endereco":290,"telefone":291,"created_at":292,"updated_at":292},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",{"id":294,"nome":295,"cnpj":296,"endereco":297,"telefone":298,"created_at":299,"updated_at":299},6,"XP INVESTIMENTOS CORRETORA DE CAMBIO TITULOS E VA","02332886000104","AV ATAULFO DE PAIVA, 153, SAL 201 - LEBLON, RIO DE JANEIRO - RJ - 22440-032","(11) 30272237","2026-10-03T18:47:06.000000Z",{"ano_referencia":301,"data_disponibilizacao":302},"2026","2026-09-27",{"ResultadoFundo":304,"ConjunturaEconomica":305,"PerspectivaPeriodoSeguinte":306},"No primeiro semestre de 2026, o Fundo apresentou resultado operacional de R$ 18,4 milhões e distribuiu R$ 18,5 milhões aos cotistas, equivalentes a R$ 0,60 por cota. Nos últimos 12 meses, as distribuições totalizaram R$ 1,20 por cota, representando dividend yield de 13,17% sobre a cota de mercado de R$ 9,11 ao final de junho. O resultado foi gerado principalmente pela carteira de CRIs, complementado pelas receitas da carteira de FIIs e ações e pelas operações imobiliárias. No período, o resultado foi impactado pela constituição de provisão parcial para o CRI You – Perdizes Authentique, em razão do atraso das obras e da reestruturação financeira da devedora.","O período foi marcado pela manutenção de juros reais elevados, que continuaram favorecendo instrumentos de crédito imobiliário indexados à inflação e ao CDI, ao mesmo tempo em que exigiram maior seletividade na aquisição de ativos e limitaram a valorização dos ativos imobiliários listados. Nesse cenário, o Fundo manteve parcela relevante do patrimônio em CRIs, com remuneração atrativa e estruturas de garantia conhecidas, enquanto realizou gestão ativa da carteira de FIIs e ações. No primeiro semestre de 2026, o book líquido acumulou ganho de capital de R$ 2,65 milhões, equivalente a R$ 0,086 por cota.","Para o período seguinte, a gestão seguirá priorizando a alocação seletiva em operações de crédito imobiliário com remuneração real atrativa, garantias adequadas e estruturas conhecidas pelo Fundo. A carteira encerrou junho com 73,5% do patrimônio em CRIs, 17,3% em FIIs e ações, 8,2% em imóveis e permutas e 1,9% em instrumentos de caixa. A gestão também continuará avaliando oportunidades nos ativos listados e no book imobiliário, buscando capturar eventual melhora das condições de mercado. Paralelamente, permanecerá acompanhando a reestruturação da You Inc. e a evolução das obras do empreendimento Perdizes Authentique, cuja provisão poderá ser revista conforme o avanço das negociações e do novo cronograma de execução."]