The fund consists of four industrial properties located in different regions of Brazil: Log Contagem I in Minas Gerais, Log Guarulhos Gaiolli in São Paulo, Log Viana in Espírito Santo, and Log Rio Campo Grande in Rio de Janeiro. All assets in the portfolio were developed by Log Commercial Properties (Log CP), which also serves as the fund’s real estate advisor.

According to data from SiiLA’s Market Analytics platform, the tenant mix is diverse: 33.5% from the Food, Beverage, and Tobacco sector, 25.5% from Science and Healthcare, and 18.2% from Consumer Goods.

Currently, the fund’s largest tenant is ProFarma, occupying 35.2 thousand m² at Log Rio Campo Grande, followed by Mondelez with 19.7 thousand m² and Kabum with 19.3 thousand m², both at Log Viana.

Mauro Lima, Managing Partner at Inter Asset, emphasizes that the FII focuses on properties in strategic locations.

“Our strategy of investing in industrial properties with modular, high-standard warehouses allows us to diversify our tenant base, reducing risks related to defaults and vacancies, without heavy reliance on a single tenant. Modular warehouses also provide greater flexibility to meet clients’ space requirements, unlike ‘Big Box’ formats,” he told REsource.

Lima highlighted key assets, such as the Gaiolli and Contagem properties, which recently experienced tenant turnover but quickly secured replacements.

“One asset that showed strong resilience and validated our strategy was the Gaiolli, where a major tenant was replaced by six new tenants occupying smaller spaces. Additionally, the quality of the portfolio allowed us to replace a tenant at the Contagem in just over a month, bringing the vacancy rate of the portfolio back to zero,” concluded.