Press release
Vinci Partners Industrial Listed REIT (VILG) Announces Full Deployment of Previous Capital Raise
RIO DE JANEIRO, Brazil, May 26, 2021 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) ("Vinci Partners, the “Company," "we," "us," or
About this update from Vinci Compass Investments Ltd.
[{"type":"text","content":"RIO DE JANEIRO, Brazil, May 26, 2021 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (\"Vinci Partners, the “Company,\" \"we,\" \"us,\" or \"our\"), the controlling company of a leading alternative investment platform in Brazil, announced today that Vinci Logística FII (VILG11), a listed REIT managed by Vinci Partners´ Real Estate segment, committed to its final acquisition from the proceeds of the capital raise in March 2021. VILG is a perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of industrial properties in Brazil. The fund currently has a market capitalization of over R$1.7 billion. Since the fund’s last capital raise in March 2021, the management team has announced three acquisitions: (i) a 50% stake in “Parque Logístico Pernambuco”, located in Ipojuca, Pernambuco; (ii) 100% of “Porto Canoa LOG”, located in Serra, Espírito Santo; and (iii) 100% of “Airport Town Guarulhos III”, located in Guarulhos, São Paulo. All three assets are 100% leased to high-quality tenants. Leandro Bousquet, partner and Head of Real Estate, said, “We are very pleased to announce that we have finalized, in a short period of time, the allocation of VILG’s latest capital raise proceeds, reserving capital only for eventual tactical allocations. These acquisitions represent additional high-quality assets to our portfolio, effectively contributing to its diversification. We have a robust pipeline of additional industrial assets that can be eventually added to the fund with a follow-on offering.” About Vinci Partners Real Estate Vinci Partners’ Real Estate strategy is primarily focused on the acquisition of core, income-generating assets through public real estate funds (REITs). Our real estate strategy invests across various sub-strategies including shopping malls, industrial and logistics, offices and financial instruments related to real estate assets. The team also manages opportunistic development funds. About Vinci Partners Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners' business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-maki...