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Market Analytics data indicates that in 2023, the new inventory of industrial properties surpassed 1 million square meters, with gross absorption exceeding 3 million square meters and net absorption reaching 1 million square meters.
In addition to the above indicators, which already portray a positive outlook for the industrial asset market in 2023, SiiLA's monitoring also tracked several multimillion-dollar transactions, ranging from standalone warehouses to complete portfolios of these type of properties.
In August, Credit Suisse's HGLG11 fund fully acquired GTIS's GTLG11 fund portfolio for R$1.37 billion. The transaction included Centro Logístico Embu – CLE, Distribution Center Barueri, Distribution Center Rodoanel, and Distribution Center Cajamar, along with shares issued by CLERC Energia Empreendimentos S.A.
By the last week of 2024, BTG announced the acquisition of three industrial property previously owned by GLP for R$ 760 million. Combined, these assets cover an area of 232.8 thousand square meters and are strategically located within a 30 to 100 km radius of the capital city of São Paulo.
The three properties include the former GLP Cajamar, now known as BTLG Cajamar Assaí; the former GLP Cajamar III, rebranded as BTLG Cajamar Amazon; and BTLG Campinas II, formerly GLP Campinas.
In early 2023, Bresco Logística's (BRCO11) Real Estate Investment Fund sold a standalone warehouse to the JBS food sector group for R$325 million. Located on Marginal Tietê, the asset has over 54,000 square meters of leasable area and was previously occupied by the GPA group.
BTG's real estate investment fund, BTLC11, acquired two properties from LOG CP for R$207 million. Located in Sergipe and Santa Catarina, the properties, LOG Aracaju and LOG Londrina, have 29,000 square meters and 60,000 square meters, respectively.











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