In a 10-Year Contract, Klabin Leases 3.5 Floors at Faria Lima Plaza, Building Occupancy Reaches 97%

Data from SiiLA's Market Analytics platform indicate that the market value of the asset is R$225.30 per square meter. The lease with Klabin has a duration of 10 years, with a rental rate of approximately R$220 per square meter for the private area, exceeding R$1 million in monthly rent. Subscribers to the Market Analytics platform can access complete information about the transaction and the property.

According to the relevant fact, the positive financial impact of the lease is estimated at approximately a 13.87% increase in the fund's revenue compared to September 2024, resulting in an increase of R$0.09 per share. For the management, the new lease aligns with expectations regarding the asset acquired in March 2023, when the vacancy rate was over 30%.

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Classified as A+, the Faria Lima Plaza is located in the Faria Lima area and has a total private area of 32,744 square meters, distributed over 20 floors. Among the sectors occupying the property are Consumer Goods, Transportation and Logistics, and Industrial Products. The largest tenants at the site are Shopee, Uber, and Klabin, respectively.

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The building offers various amenities for its occupants, including a central VRF air conditioning system, raised flooring, a building management system, and a generator for common and private areas. There is 24-hour security and a sprinkler system to ensure the safety of occupants. The property also holds sustainability certification.