EXCLUSIVE: Zagros REIT Negotiates Purchase of Logistics Warehouse in Paraná for R$ 216.9 Million

In an interview with REsource, Pedro van den Berg, CEO and managing director of Zagros, highlighted the motivations behind GGRC11’s acquisition:

“The property represents a high-quality logistics asset, with a strategic location and excellent construction standards. Its acquisition reinforces the Fund’s portfolio diversification and solidity, expanding its presence in a key logistics hub and contributing to GGRC11’s structural and asset strength.”

Berg further explained that the fund’s current strategy is to increase its exposure to purely logistics properties, prioritizing modern, well-located assets with top-tier tenants.

“Management remains focused on acquiring high-quality assets with appreciation potential and strategic locations along the country’s main logistics corridors. Atypical contracts with large tenants continue to be considered, provided they strengthen the portfolio and align with the strategy of balancing cash flow predictability, contractual solidity, and asset growth opportunities.”

The Logbras Quatro Barras is a Class A+ logistics condominium with LEED certification, totaling 66,900 m² of leasable area on a 249,000 m² plot. The facility features 68 loading docks and 110 truck parking spaces.

The operation includes the delivery of the property through partial compensation in shares of the acquiring fund, to be issued in GGRC11’s 10th issuance. Part of the payment will be made with available cash resources, with the remaining balance adjusted to the asset’s value.

According to Zagros, this structure allows the fund to preserve liquidity and complete the acquisition efficiently, maintaining capacity for future opportunities in the logistics market.

“This structure enables an efficient transaction, preserving resources for new opportunities and ensuring the Fund’s financial balance,” Berg concluded.