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

PUBT·09/23/2026 21:07:09
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LOG sells LOG Recife II asset to TRX Real Estate FII for R$ 210 million
  • 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.