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Patria completed the acquisition of the remaining 10% stake in the G100 and G200 warehouses at the HGLG Simões Filho logistics complex in Bahia, giving the fund full ownership of the asset. In addition to the warehouses, PMLL11 will also receive land designated for vehicle deceleration access and environmental compensation.
The transaction also includes 15,900 m² allocated for a deceleration lane to facilitate access to the property, as well as another 466,200 m² partially designated for environmental compensation. The agreement was signed with Consul Engenharia, H93 Empreendimento Logístico SPE, and Meta B DI. The built-to-suit logistics complex is currently fully leased to Mercado Livre.
According to the March 2026 management report, the latest available, the 46,000 m² G200 warehouse carries an estimated development cost of R$452 million and is being delivered in three phases. Expected monthly rental income for the fully completed asset is projected at R$5.4 million,...
Also divided into two phases, the first stage of the warehouse, totaling 39,031 m², was delivered in the third quarter of 2025. The second phase, comprising 34,379 m² and initially scheduled for delivery in the fourth quarter of 2025, was delayed after a slope collapse caused by heavy rainfall in August 2025. The new expected delivery date is the second quarter of 2026.











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