FIIs that lease properties to Americanas fall sharply in a session marked by the corporate’s court docket restoration

Actual property funds which have Americanas as tenants suffered a pointy drop this Thursday (19), the day the judiciary accepted the corporate’s request for judicial restoration.

“In abstract, the overall quantity of the debt is roughly R$43 billion and likewise roughly 16,300 (sixteen thousand 300) collectors,” reads the petition signed by the retailer’s legal professionals, which might be filed within the subsequent few days for a full listing of collectors.

No less than eight FIIs — together with people who disclose tenant identities — preserve some relationship with the retailer. The quantity does not account for mall backyards, which ultimately home Lojas Americanas.

Amongst FIIs leasing properties for Americanas, the largest drop in right now’s session was do Vinci Imóveis Urbanos (VIUR11), who purchased a retailer in Rio de Janeiro (RJ) that was already leased for the corporate late final yr. The realm is 625 sq. meters – 1% of the Fund’s GLA.

On this Thursday’s (19) session, the portfolio was down 3.92%. XP Log (XPLG11), Max Retail (MAXR11) and RBR Log (RBRL11) had been additionally down greater than 2%. Take a look at the efficiency of the opposite FIIs that lease properties to Americanas.

ticker Surname sector Variation (%)
VIUR11 Vinci City Actual Property city lease -3.92
XPLG11 XP log logistics -3.21
RBRL11 RBR protocol logistics -2.41
MAXR11 Max retail Hybrid -2.16
LVBI11 VBI logistics logistics -1.35
GGRC11 GGR Covepi Renda logistics -1.09
BRCO11 Bresco logistics logistics -0.78
VLOL11 Vila Olimpia Company workplace -0.51

Font: B3

CONTINUE AFTER THE ADVERTISEMENT

Additionally learn:

Ifix hoje

Within the session this Thursday (nineteenth), the Ifix – index of essentially the most traded actual property funds on the inventory alternate – closed down 0.48% at 2,824 factors. Take a look at the opposite highlights of the day.

Largest highs this Thursday (19):

ticker Surname sector Variation (%)
NSLU11 Hospital of Our Girl of Lourdes hospital 1.93
SNFF11 Suno FoF FoF 1.24
MORE11 Extra actual property FoF 1.06
TGAR11 TG precise property improvement 1.04
KISU11 HILL Title and Val. Mob. 0.87

Largest casualties this Thursday (19):

ticker Surname sector Variation (%)
VIUR11 Vinci City Actual Property city lease -3.92
BTAL11 BTG Pactual Agro agro -3.36
PATL11 Patria Logistica logistics -3.34
XPLG11 XP log logistics -3.21
XPIN11 XP Trade logistics -3.2

Font: B3

LASC11 cancels conferences to debate property gross sales; new Riza Arctium ticker; and extra subjects

Double danger? FII has Americanas as its tenant and guarantor of the lease itself

FII Vila Olímpia Company (VLOL11) confirmed in an announcement to the market that it has a lease settlement with two corporations linked to the Americanas Group, which is dealing with a monetary disaster after posting a BRL 20 billion deficit on its steadiness sheet of the retailer might enchantment to a restoration court docket at any time.

CONTINUE AFTER THE ADVERTISEMENT

In accordance with the doc, the bonds have the corporate itself as guarantor, a quantity that might cowl the price of the property — lease, condominium, or distinctive harm — ought to the tenant fail to pay.

VLOL11, proprietor of the corporate constructing Vila Olímpia in São Paulo (SP), leases round 3,000 sq. meters of the property to Bit Providers Inovação e Tecnologia and Ame Digital – each related to Americanas.

The area leased to the 2 corporations represents round 30% of the fund’s whole area, with no point out of the contracts’ contribution to the portfolio’s month-to-month returns.

Within the announcement to the market, the administration of FII Vila Olímpia Company says that so far all commitments associated to the bonds are updated and confirms Americanas because the guarantor of the contracts.

“The Fund advises that it has signed leases with Bit Providers and Ame Digital, each corporations of the Americanas group, which have Americanas as guarantor,” the doc factors out.

LASC11 cancels conferences to debate property gross sales

FII Legatus Shoppings has canceled the overall shareholders assembly (AGC) scheduled to debate the sale of the fund’s properties. The assembly was scheduled for this Thursday (Aug.

The proposal to promote the LASC11 portfolio got here from Capitânia Investimentos, asset supervisor and proprietor of greater than 47% of the fund’s shares.

LASC11 at the moment has stakes in Parque Purchasing Belém (PA), Boulevard Vila Velha (ES) and Boulevard Campos (RJ). The fractions characterize a gross leasable space (GLA) of just about 33,000 sq. meters.

Along with promoting the property, AGC would additionally vote on commissioning CBRE Consultoria do Brasil to search for potential patrons for the area.

Nevertheless, administration at FII Legatus Shoppings famous that the portfolio already has a contract with two property consultants – with a clause offering for exclusivity and a high quality for breach of contract.

Given the battle, the Fund determined to cancel the AGC and to debate with Capitânia Investimentos whether or not there was nonetheless curiosity in convening a brand new meeting.

Additionally learn:

CONTINUE AFTER THE ADVERTISEMENT

FII Riza Arctium Actual Property launches a brand new ticker

FII Riza Arctium Actual Property has knowledgeable the market that it’ll change the fund’s ticker buying and selling code on the inventory alternate. The fund requested B3 to alter the present ARCT11 to RZAT11.

With the change, the portfolio shares might be traded underneath the brand new ticker from January 26, 2023.

RBRD11 properties have a 3.15% discounted truthful value

In accordance with a revaluation performed by Binswanger Internacional Actual Property, an actual property consultancy, the truthful value of FII RB Capital Renda II properties has been diminished by 3.15%.

The volatility resulted in a 3.32% decline within the fund’s share worth based mostly on the November 2022 shut, indicating a cloth truth disclosed by the portfolio.

With internet property of BRL 123 million, the hybrid phase fund, which invests in a couple of asset class, has 4 properties in its portfolio.

The areas are situated in Rio Grande do Norte, Minas Gerais and Rio de Janeiro and add as much as 23,000 sq. meters of gross rental space.

dividend right now

Take a look at the FIIs paying dividends this Thursday (19):

ticker energy To return
RCFF11 R$1.23 1.32%
GCRI11 R$1.10 1.17%
MGCR11 R$0.88 1.10%
NAVT11 R$0.85 1.15%
GCFF11 R$0.72 1.01%
MORE11 R$0.54 0.83%
AURB11 R$0.51
APTO11 R$0.10 1.14%

Font: StatusInvest

Actual Property Spin: Americanas Court docket Restoration May Come Out In The Subsequent Hours; IGP-M slows down in January 2 preview

Americanas says it may file for a court docket confiscation “within the subsequent few hours.”

Americanas (AMER3) stated this Thursday (19) that whereas it has not but determined, it’s contemplating requesting an pressing judicial confiscation given its place “within the subsequent few days” or “within the subsequent few hours,” per week after uncovering an accounting scandal price not less than R$20 billion.

The corporate famous that regardless of the Rio de Janeiro Court docket’s determination to freeze BRL 1.2 billion in favor of BTG Pactual (BPAC11), the corporate’s liquidity is “solely BRL 800 million,” “a good portion of that.” the quantity was unreasonably unavailable for settlement by the corporate yesterday (the 18th).’

The day earlier than, BTG gained the precise in court docket to freeze BRL 1.2 billion of Americanas within the financial institution’s custody, as dominated by Decide Flávio Marcelo Fernandes of the second occasion of the Rio de Janeiro Court docket (TJ-RJ).

CONTINUE AFTER THE ADVERTISEMENT

On the identical day, Americanas stated Bradesco (BBDC4) withheld greater than R$450 million from the corporate’s money, which the retailer stated violated the protections the corporate obtained from the judiciary in opposition to asset freezing.

IGP-M slows to 0.35% at 2nd studying in January in comparison with 0.77% at 2nd studying in December

The Common Value Index – Market (IGP-M) slowed to 0.35% within the second January preview, in comparison with 0.77% in the identical studying in December, the Getulio Vargas Basis (FGV) stated this Thursday morning (19).

Two of the three parts of the IGP-M recorded a slowdown on this studying. The Broad Producer Value Index (IPA-M) was up 0.33% after rising 0.90% on the earlier measurement, whereas the Nationwide Building Value Index (INCC-M) was up 0.38% to 0. 35% declined. The patron value index (IPC-M) repeated the fluctuation (0.42%) noticed in December’s second preview, in keeping with FGV.

Learn to spend money on a CDB that delivers as much as double financial savings with every day liquidity and Mortgage Assure Fund safety (partnered with XP).

Leave a Comment