The properties within the GTIS's Brazil Logistics FII are classified as last-mile facilities. These properties are typically located within a 30- to 40-kilometer radius of the city center, providing easy access to the main consumer hubs of the metropolitan region. Properties with these characteristics tend to have lower vacancy rates and higher rental prices according to SiiLA.

The proposed sale of the GTIS portfolio includes:

• Centro Logístico Embu - (CLE), a Class A property located in Embu, boasting over 90% occupancy and 91,651 square meters of gross leasable area, housing tenants from various sectors, including pharmaceutical and food and beverage.

• Distribution Center Barueri (DCB), which is fully leased with 90,484 square meters of gross leasable area and tenants from the retail, transportation, and logistics sectors.

• Distribution Center Rodoanel (DCR), which is also fully leased and has 77,587 square meters of gross leasable area.

• Distribution Center Cajamar (DCC), a facility in which GTIS owns a 66.70% stake, occupied by tenants from the e-commerce, transportation and logistics, and other sectors.

• All shares of CLERC Energia Empreendimentos S.A., which specializes in the installation of industrial machinery and equipment.

According to SiiLA data, these properties have high occupancy rates and a significant amount of gross leasable area, making them attractive to potential buyers in the real estate market.

While the proposed acquisition by Credit Suisse's real estate fund is still pending approval from the deliberative bodies of GTLG11 and other usual conditions for this type of transaction, if approved, it could be a strategic move for Credit Suisse's real estate arm to strengthen its position in the Brazilian market.

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