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Unilever Expands Logistics Operations with the Lease of 43,000 m² at Citilog Viracopos: Full Transaction Details

  • The lease was revealed after Hedge announced that 100% of one of its properties had been leased
  • Jundiaí, the region where the property is located, was one of the areas that suffered the most from tenant exits in the last quarter 

João Francisco Ribeiro, Vice President of Business Operations & Head of Customer Operations Latin America at Unilever
João Francisco Ribeiro, Vice President of Business Operations & Head of Customer Operations Latin America at Unilever
By: SiiLA News
09/25/2024

On Monday (23), Hedge announced that the entire available area of Citilog Viracopos has been leased, totaling over 43 thousand m² of gross leasable area (GLA). Although the official document did not disclose the name of the tenant, the SiiLA team identified that the tenant is Unilever.

The transaction includes the lease of the entire Warehouse B, whole modules B7, B8, B9, B10, and B11, along with part of modules B5 and B6. These leases represent 31% of Citilog Viracopos and 20.13% of the GLA of the HLOG11 fund.

The contract was signed for a term of 60 months, ending in September 2029, at a rental rate of R$ 21.32/m². Subscribers to the Market Analytics platform can access complete information about the transaction, including the grace period.

As of the closing of this report, neither Unilever nor Hedge had commented on the matter. 

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