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Log raises its 2021 investments by 50%
04/29/2021
According to the president, Sergio Fischer, the strong demand for warehouses, mainly from e-commerce companies, led Log Commercial Properties to increase its investments planned for 2021 by 50% to R$750 million. The funds will be used for land purchases and work in progress.
By 2024, the company will invest R$ 2.25 billion to expand its portfolio by 1.4 million square metres of gross leasable area (GLA).
Source: Valor Econômico
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