In the month, the IFIX has an accumulated decline of 2.65%, with 17 trading sessions of decline. In the year, the accumulated decline was reversed and the index is down 0.24%. (Photo: Flávya Pereira/Money Times)
The real estate fund Rio Bravo Corporate Income (RCRB11) suspended the eviction lawsuit that was being filed against the WeWorkin order to enter into an agreement with the coworking company.
Last week, the FII reported that the court granted an eviction injunction against the tenant, who was in default. According to the fund, the company was notified of the decision on the 9th and would have up to 15 days to settle all outstanding financial obligations.
The property, of which the fund holds 34.81% of the ownership, had its rents for the months of May, June and July 2024 unpaid, despite the WeWork continue to bear the condominium and property tax charges. The tenant represents less than 10% of the FII.
Meanwhile, the Real Estate Investment Fund Index (IFIX) closed the day with another drop. On Tuesday (24), the index fell 0.25%, reaching 3,303.53 points — the worst level since July 3.
In the month, the IFIX has an accumulated decline of 2.65%, with 17 trading sessions of decline. In the year, the accumulated decline was reversed and the index is down 0.24%.
The biggest gains and losses of IFIX in the last trading session
Among the positive highlights of IFIX, the Santander Rental Income (SARE11) advanced 1.86%, to R$ 39.91. Next, the funds appeared RBR High Grade Performance (RBRR11), up 1.16% to R$88.64, and Bar Real Interests (VCJR11), which rose 0.95% to R$90.
| Bottom | Ticker | Variation (positive) | R$ |
|---|---|---|---|
| Santander Rental Income | SARE11 | +1,86% | 39,91 |
| RBR High Grade Performance | RBRR11 | +1,16% | 88,64 |
| Bar Real Interests | VCJR11 | +0,95% | 90,00 |
| Tellus Rio Bravo Income Logistics | TRBL11 | +0,88% | 91,80 |
| Versailles Real Estate Receivables | VSLH11 | +0,86% | 3,51 |
On the negative end, there was the Vinci Offices (VINO11), which fell 2.34% to R$5.01. The BTG Pactual Agricultural Lands (BTRA11) fell 2.21%, quoted at R$ 42.09, while the Vinci Urban Properties (VIUR11) depreciated 2.20%, to R$6.21.
| Bottom | Ticker | Variation (negative) | R$ |
|---|---|---|---|
| Vinci Offices | VINO11 | -2,34% | 5,01 |
| BTG Pactual Agricultural Lands | BTRA11 | -2,21% | 42,09 |
| Vinci Urban Properties | VIUR11 | -2,20% | 6,21 |
| Where CRI | CVBI11 | -2,15% | 90,50 |
| Iridium Real Estate Receivables | IRDM11 | -1,44% | 66,92 |