In a voting dispute, HGPO11 shareholders oppose property sale and FII stays open; steady repair

This time, the workplace actual property fund CSHG Prime Workplaces HGPO11 didn’t promote the fund’s properties. In a vote carried out by the portfolio this Tuesday (twenty fifth), most shareholders rejected the proposal acquired by the Metropolitan and Platinum buildings close to Avenida Faria Lima in São Paulo (SP).

In keeping with the fund, the get together was prepared to pay BRL 466 million for the 2 properties – equal to round BRL 37,000 per sq. meter.

Buyers who personal 23% of HGPO11’s shares have expressed curiosity within the transaction and have requested that an Extraordinary Common Assembly (AGE) be convened to debate and vote on the proposal.

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In a heated argument, 32.85% of shareholders voted in opposition to the deal, whereas 32.53% had been in favor. The result’s the second — unsuccessful — try to promote the fund’s portfolio in 2022.

At an Extraordinary Common Assembly held earlier this yr, CSHG Properties shareholders accepted the sale of the land and conditioned the transaction for a minimal worth of R$491 million, equal to R$39,000 per sq. meter adjusted for the Index Broad Client (IPCA) value. .

Through the competitors course of, the administration was approached by round 100 events, 21 of whom signed a confidentiality settlement to obtain extra details about the buildings. From the group, eight formalize presents.

Nevertheless, just one proposal reached the required minimal quantity. Nevertheless, the proposed cost would contain the supply of quotas from one other actual property fund. The situation didn’t please the managers, who rejected the provide.

“Since there have been no proposals above the minimal value, we inform you that the sale means of the properties has been accomplished and there might be no convening of a brand new shareholders’ assembly by the insolvency administrator,” declaring a related circumstance on the time.

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In view of the expertise, the fund even rejected the final proposed proposal – of just about R$ 37 thousand per sq. meter – which additionally didn’t attain the minimal worth outlined by the shareholders as much as that time. The portfolio backed out of the choice after buyers requested to overview the provide.

The Metropolitan and Platinum buildings are situated in a chief space for the company slab phase and have a GLA of 12,613 sq. meters. The emptiness charge in actual property is at the moment round 5%. The sale of the properties would represent the liquidation of the fund, which has been working since October 2010.

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Ifix hoje

Within the session this Wednesday (twenty sixth), the IFIX – index, which gathers essentially the most traded actual property funds at B3 – is in constructive territory. As of 10:54 a.m., the indicator recorded a rise of 0.04% to 2,994 factors. Try right now’s highlights:

Greatest highs this Wednesday (26):

ticker Surname sector Variation (%)
WHAT11 Brazilian Cemetery and Euthanasia Different 3.4
RCRB11 Rio Bravo Company Revenue Company Plates 1.35
RBFF11 Rio Bravo Ifix Title and Val. Mob. 1.08
GARDEN 11 Issue reality Title and Val. Mob. 1.01
MORE11 Extra actual property Title and Val. Mob. 0.99

Greatest casualties this Tuesday (25):

ticker Surname sector Variation (%)
NSLU11 Hospital of Our Woman of Lourdes hospital -1.69
BTRA11 BTG Pactual Terras Agricolas agro -1.56
SNFF11 Suno FoF Different -1.18
VTLT11 Votorantim Logística logistics -0.88
RBRY11 RBR CRI Title and Val. Mob. -0.71

Font: B3

CXTL11 homebuyer delays enterprise installment cost

Caixa SEQ Logística FII has acquired notification that there might be a delay in paying the fourth installment associated to the sale of properties in Itapevi (SP) carried out by the Fund in July.

The portfolio had negotiated the realm for R$10 million. The quantity could be paid in ten month-to-month installments, the primary being R$1.5 million and the others being R$772,000. Nevertheless, the October cost has been postponed to subsequent month, in keeping with a fabric reality disclosed by the fund.

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“As a consequence of advertising and marketing issues and a short-term account shutdown, cost of the fourth installment of the acquisition value of the property due by this date (October 25) has been postponed to November 23,” the client’s assertion stated.

Even when adjusting the present charge, the Caixa SEQ Logística administration workforce reminds that the remaining month-to-month phrases stay unchanged.

The customer additionally signifies that he has ample belongings and property to carry out the contract that has been concluded and the delay in paying the fourth installment is a one-off reality.

dividend right now

Try which funds are paying out earnings this Wednesday (26):

ticker background perfomance
TJKB11 TJK actual property earnings R$2.51

Font: StatusInvest

Giro Imobiliário: Building inflation rises by 0.04 in October; largest dividend payer of the month

INCC-M climbs 0.04% in October, in comparison with a 0.10% acquire in September, says FGV

The Nationwide Building Value Index – M (INCC-M) rose 0.04% in October, decrease than the earlier month’s studying when the index peaked at 0.10%. With this outcome, the index data a rise of 8.96% within the yr and 10.06% in 12 months.

In October 2021, the index was up 0.80% on the month and had peaked at 15.35% in 12 months.

The speed for supplies, gear and companies modified to -0.21% in October from -0.06% in September. The index, which tracks Labor, modified 0.31% in October in comparison with 0.26% in September.

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Within the materials group, three of the 4 element subgroups confirmed a lower of their charges of variation, significantly Supplies for Construction, whose charge elevated from -0.42% to -0.78%. The companies group repeated the earlier month’s charge of change, which got here in at 0.34%.

The fluctuation within the labor index elevated by 0.31% in October after rising by 0.26% in September.

Try October’s highest payers; ARRI11 dribbles deflation, returning 1.56% on the month

In contrast to many debt FIIs – which have decreased their dividends because of the present deflationary state of affairs – the Reit Atrium (ARRI11) has held yield ranges for the previous few months and can finish October on the very best shut dividend yield (return with dividends) among the many most necessary actual property funds on the inventory alternate. The proportion for the month was 1.56%.

The info comes from Economatica, a monetary data platform, and relies on the actual property funds that make up Ifix – an index that captures B3’s most liquid FIIs.

All portfolios have already introduced deliberate dividend funds for this month. The newest was BTG Pactual Terras Agrícolas (BTRA11), which can pay BRL0.80 per share on Oct. 31, up from BRL0.70 in September. The switch on this month corresponds to a dividend yield of 0.88%. Final week the fund introduced a brand new tenant for the property in Nova Maringá (MT) – former Vianmancel farm – and had already signaled the potential of a dividend enhance this month.

Of the 108 funds monitored, 32 had been in October dividend yield over 1% per 30 days. The determine is decrease than the 40 registered in September and August 47 – a interval when Ifix’s previous theoretical portfolio was nonetheless in impact, with 106 FIIs, two fewer than the present one.

Firstly of the month, Atrio Reit Receivables (ARRI11) returned BRL0.14 per share for a month-to-month return of 1.56%. The proportion is the very best for the month, in keeping with Economatica information. Try the listing of the ten largest payers in October.

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