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TRXF11 Pays 26.1 Million in December Earnings on The Next Day 15

TRXF11 with market highs and lows

The Ifix – index of the most traded real estate funds on the Stock Exchange – ended Friday’s session with a slight increase of 0.12%, at 3,324 points. The highlight of the increase was the Maxinvest Hotel Fund (HTMX11).

Outside the highlights of the trading floor, the hybrid fund TRX Real State (TRXF11) presented its management report, showing that it paid a total of 147.9 million in dividends throughout 2023, equivalent to a dividend yield of 18.26% for the year.

Fund unitholders will receive the last installment of earnings on the next day 15, when 26.1 million for the month of December will be deposited.

Last month, the dividend was £1.70 per unit, related to extraordinary receipts that the fund recorded during the period.

“For the next semester, the management’s expectation is that the distribution per unit will remain between 0.85 and 0.90, taking into account the current assumptions and characteristics of the fund, its real estate portfolio, and the purchase and sale negotiations of assets already disclosed,” highlights the management report of the product.

The management of TRXF11 is focused on distributing income and dividends to unitholders, totaling more than 126,000 at the end of December.

The main investments are in the acquisition and development of properties for lease, such as Assaí and Extra stores.

With the distribution of dividends along with the appreciation of units, the profitability of TRXF11 was 58.48% in 2023.

Among the fund’s recent investments, it was announced at the end of December the construction and leasing of a new store for the Leroy Merlin construction material retailer, which will open in Jundiaí (SP), and the acquisition of five stores leased to the Mateus Supermarkets chain.

In the case of Leroy Merlin’s store, the construction material retailer will occupy 78.87% of the built area.

The rest will be divided among seven other stores, ranging from gyms to pharmacies. The goal is to increase the profitability of the venture.

Ifix Today

In Friday’s session (5), the Ifix – index of the most traded real estate funds on the Stock Exchange – closed slightly higher at 0.12%, at 3,324 points. Check out the other highlights of the day.

Top gains this Friday (5):

Ticker Name Sector Variation (%) HTMX11 Hotel Maxinvest Hotel 9.51 GTWR11 Green Towers Corporate floors 2.63 KFOF11 Kinea FoF FoF 2.19 HSAF11 HSI Financial Assets Securities and Mob. Values 1.35 BRCO11 Bresco Logistics Logistics 1.27 Top losses this Friday (5):

Ticker Name Sector Variation (%) JSAF11 JS Financial Assets Multi-strategy -4.02 MCCI11 Mauá Capital Securities and Mob. Values -2.09 BTAL11 BTG Pactual Agro Agro -1.80 HGRU11 CSHG Urban Income Urban Income -1.79 VISC11 Vinci Shopping Centers Shopping centers -1.79 Source: B3

BICE11 receives payment of 11.4 million

Brio Structured Credit (BICE11) reported receiving 11.4 million related to the settlement of a Real Estate Receivables Certificate (CRI) by WA Real Estate Developments.

This amount is equivalent to 1,055 per unit price of the paper, representing an internal rate of return of 17% per year.

The fund also approved the acquisition of 26 million in Real Estate Receivables Certificates (CRIs) from the residential project C290, located in São Paulo and to be developed by Telar Empreendimentos e Participações.

The funds will be used for the construction of 98 residential units ranging from 63 square meters to 144 square meters.

After the completion of the two transactions, the fund will allocate 77% of its capital to five CRIs.

PNCR1 capital distribution

Panorama Residential Credit (PNCR1) is in a divestment phase and will therefore distribute capital in the form of partial unit amortization of the fund in the total amount of 372.3 million, equivalent to 0.74470128 per unit.

According to relevant fact, the amounts will be paid on January 11.

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