Real Estate Funds Ranking: Logistics and Shopping Centers in the Spotlight for Investors

Real estate funds have recently captured significant attention in the mainstream media, mainly due to the expected decrease in interest rates by the Central Bank through the Selic rate. This has reignited investors' interest in the real estate market of the country. Conducting an exclusive survey, the Clube FII, the largest platform for Real Estate Fund information, has compiled a ranking of funds with the highest number of investors. 

The list encompasses various investment funds with a focus on logistics, such as CSHG Logística. Renowned for its portfolio of high-standard logistic properties, 5 of them classified as A+ or A by the SiiLA platform, notable assets include HGLG Itupeva, HGLG Louveira, and HGLG Ribeirão Preto. Currently, CSHG Logística boasts a shareholder count of over 365,000. Additionally, the XP Log fund secures the 4th position in the ranking, featuring ventures like the Centro Logístico Cajamar – Bandeirantes, rated as Class A+ and occupied by Mobly and VIP Transportes. 

Apart from logistics-focused funds, those with an emphasis on shopping centers also claim top spots in the ranking. Notably, the XP Mall fund holds the third position with 325,000 shareholders. It has strategic investments in various shopping centers across the country, including the prestigious Shopping Cidade Jardim in São Paulo. Further down in the top 10, at the 8th position, is Vinci Shopping Centers, which also boasts stakes in different shopping centers, including Iguatemi Fortaleza, Shopping ABC, and West Shopping. 

According to Danilo Barbosa, the Head of Research at Clube Fii, the appreciation of funds with assets in shopping malls and logistics properties is evident. "While Ifix itself rose by 11%, shopping funds saw an appreciation of over 18%, and logistics property funds increased by 13%." 

 "I firmly believe that there is still significant potential for appreciation in the second semester, and some funds have the capacity to further increase in value. Currently, the majority of investors in Real Estate Funds are individuals, and with the expectation of a reduction in the Selic interest rate by the Central Bank, we anticipate a natural trend of more people seeking to invest in funds, willing to take on greater risk to maintain higher returns on their investments," states the executive. "This outlook could create a window of opportunity for management companies to issue new funds and settle the assets acquired, in terms of receivables securitization, as well as to acquire new assets at favorable prices. It marks a new horizon for the funds, making them more diversified, increasingly larger, and with greater liquidity as well", he concludes. 

Check out the top 10 and the number of quota holders in each one: Ranking 07/24/2023

TICKET      NAME                                                     INVESTORS  MARKET CAP

MRXF11     Maxi Renda                                           871,906       R$ 2,28 milions

HGLG11     CSHG Logística                                    365.414       R$ 3,60 milions 

XPML11     XP Malls                                                325.070       R$ 2,47 milions 

XPLG11      XP Log                                                   311.732       R$ 3,06 milions 

BCFF11      BTG Pactual Fundo de Fundos          302.064       R$ 1,91 milion

IRDM11      Iridium Recebíveis Imobiliários         288.674       R$ 3,26 milions 

VGHF11     Valora Hedge Fund                              264.782       R$ 687 thousand

VISC11      Vinci Shopping Centers                       254.109       R$ 2,14 milions 

KNRI11      Kinea Renda Imobiliária                      250.909       R$ 3,86 milions 

KNCR11    Kinea Rendimentos Imobiliários FII   245.313      R$ 5,75 milions 

If you're seeking comprehensive information on Real Estate Investment Trusts (REITs), get to know SiiLA Solution FII DATA Pro, developed in partnership with Clube FII. This powerful solution provides access to the finest information and analysis, empowering investors to make well-informed decisions when considering REIT investments. With a wealth of data and insights at your disposal, you can confidently explore the opportunities offered by logistics and shopping center-focused funds, enabling you to seize the best investment prospects in the real estate market.