Join our mailing list for Real Estate News, Events, Insights & Resources.
Log signs an agreement to sell its stakes in five warehouses
- Together, the total assets GLA (Gross Leasable Area) of 48,404 square meters.
By: SiiLA News
09/17/2020 Log Commercial Properties (LOGG3) celebrated the acquisition and sales promises with Banco Inter’s real estate fund LogCP Inter (LGCP11) (BIDI11), for the sale of a minority stake in five logistical warehouses (LOG Goiânia, LOG Viana, LOG Contagem I, LOG Rio and LOG Gaiolli) for R$146 million, shows a relevant fact sent to the market this Tuesday (15).
Together, the total assets GLA (Gross Leasable Area) of 48,404 square meters. The average amount paid for GLA was R$3 thousand. The warehouses are located in the states of Goiás, Minas Gerais, Rio de Janeiro, Espírito Santo, and São Paulo.
Source: Money Times
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026Investments
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target
Market Trends
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why
Trusted by Leading Publications
EXCLUSIVE CONTENT
