FII Summit: what to expect from post-pandemic real estate funds

The 2021 edition of the FII Summit began on Tuesday (13), an event promoted by EQI Investimentos to broaden Brazilian's view on Real Estate Investment Funds, or, popularly called, FIIs.

The first of the three scheduled days of lectures featured reference names from the country's financial market, debating "Perspectives: Investment in FIIs in the post-pandemic scenario".

Ettore Marchetti, responsible for the fixed income and multimarket sector at EQI Asset, The panel had Juliano Custodio, CEO of EQI, Giancarlo Nicastro, CEO of SiiLA, and Michel Wurman, a partner and responsible for BTG Pactual investment area.

One of the panelists, Giancarlo Nicastro, explained to the FII Summit viewers the main differences between the sectors that involve Real Estate Investment Funds.

According to Nicastro, each of them is different and was affected differently during the new coronavirus crisis.

According to him, the positive highlight is a relatively new segment, called Condominiums Logistics or, for the more layperson, the famous warehouses, today in the hands of large e-commerce companies.

"The vacancy rate has been dropping quarter by quarter and currently stands at 10%. If you go to the Greater ABC, there is no empty warehouse. In Cajamar, 5% vacancy rate. The moment is for the expansion of companies and euphoria in the logistics market. E-commerce is a big borrower. The buildings are leased even before they are ready. They are recovering price with demand", he explained.

Read the full story (in Portuguese).