LOG Commercial Properties seeks CADE clearance for BRL 210 million sale of LOG Recife II to TRX Real Estate FII

Reuters2026/08/05 22:55

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LOG Commercial Properties submitted a potential sale of its LOG Recife II logistics asset to TRX Real Estate FII for CADE review.
Deal value set at R$ 210 million, equal to R$ 4,375 per sq m, in line with stated NAV.
Settlement split into three tranches, led by 62% at closing with R$ 55 million cash, R$ 75 million in fund units.
Remaining 38% due in two IPCA-indexed cash payments, one by Dec. 30, 2026, one 14 months post-closing.
LOG to retain property management, supporting its asset-light shift; 2026 recycled assets total about R$ 1.3 billion.

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 August 05, 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.

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LOG Commercial Properties seeks CADE clearance for BRL 210 million sale of LOG Recife II to TRX Real Estate FII

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