LOG sells LOG Recife II asset to TRX Real Estate FII for R$ 210 million

Bitget2026/09/23 21:07

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

LOG Commercial Properties completed the sale of its LOG Recife II asset to TRX Real Estate Fundo de Investimento Imobiliário - FII for R$ 210 million.
Pricing implied R$ 4,375 per square meter, matching NAV; gross margin reached 41% with a project IRR of 26.1%.
Settlement split into three tranches: 62% at closing, including R$ 55 million cash, R$ 75 million in fund units.
Remaining 38% due in two IPCA-linked cash installments: 19% by Dec. 30, 2026, 19% in month 14.
Completed sales in 2026 rose to about R$ 1.3 billion; LOG will keep managing the property, supporting its asset-light strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LOG Commercial Properties e Participações SA published the original content used to generate this news brief on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

LOG sells LOG Recife II asset to TRX Real Estate FII for R$ 210 million

You may also like

Crypto prices