Exclusive: Estimated Values Revealed for Zagros’ R$93 Million Acquisition

Zagros (ZAGH11) has completed the transaction of four assets in São Paulo and Rio de Janeiro, which represented the entire portfolio of VVCO11, a fund managed by V2 Investimentos. According to Zagros’ disclosure, the total acquisition amounted to R$ 93.4 million, but SiiLA’s market analysis exclusively brings the estimated values for each unit 

Atlântico Office RJ, a class B building with 7,400 sqm leased to Universidade Estácio de Sá, was the only asset in the portfolio to have its entire area sold. In São Paulo, I-Tower, a class A+ property located in Alphaville, had 6% of the asset sold, equivalent to around 2,200 sqm, corresponding to VVCO11’s full stake in the building. 

In the Pinheiros region, Box 298, fully leased to news website Omelete, had 26% of the property sold, equivalent to around 1,100 sqm of the asset. Also in São Paulo, the last transaction involved Módulo Rebouças,...