Ex-Amall11, now PMll11: Real Estate Fund announces a profit of $ 11.16 million

Ex-Amall11, now PMll11: Real Estate Fund announces a profit of $ 11.16 million





THE Real estate fund PMll11, new trading ticker for the bottom previously known on the market as a shopping center, recorded a net profit of $ 11.163 million, equivalent to R $ 0.80 per share.

Total revenues of PMll11 Real estate fund Has reached R $ 12.944 million, or R $ 0.93 per share, while the expenses are amounted to R $ 1.781 million. The management stressed that, in the period, there were no non -recurring effects that could have distorted the results.

On August 14, the payment of R $ 0.86 per share was made to investors. This distribution implied the use of part of the accumulated reserve, which began to represent $ 0.42 per fee after payment.

Management explained that this measure tries to linearize the flow of PMll11 incomeoffering greater predictability to shareholders.

The new management of the fund, now under the command of the true summer homeland, has also presented dividends estimates for the next few months.

Considering the expected performance of shopping centers, the expected return on financial investments and the structure of expenses, the monthly income should remain at the level of $ 0.86 per share by December 2025.

However, the manager stressed that this scenario should not be interpreted as a guarantee of profitability, as it depends on the market factors and the behavior of the activities of the portfolio of FII PMll11.

Recent changes in the PMll11 real estate fund, ex Amall11

The change of manager was made official on July 14, when the homeland took the real estate fund after the approval with the owner of the share. The brilliant proposal for the transfer of management to the homeland has obtained over 32% of the votes in favor.

With this, in addition to the replacement of the manager, there was also a change in the name of the fund, in the shopping centers of Homeland. And the negotiation code for PMll11.

THE PMll11 bottom He finished the month with a financial lever of 9.9% in his portfolio, a level considered healthy by the management and which should contribute to future expansion without compromising the structure of the capital.

The manager projects a gradual interruption process, which provides for the percentage of about 9.9% at the beginning of 2026, with progressive reductions in the following years.

Among the highlights of the wallet is the position of 141 million dollars applied to Bar Malls Fii, a vehicle in which PMll11 is the only newspaper. This real estate fund has two active ingredients: Rio2 Shopping and Open Mall Peninsula.

Currently, the portfolio of Real estate fund PMll11 is made up of 15 developments distributed in different states, under the management of various administrators of the shopping center, with a predominance of the participation of minorities in dominant activities.

Source: Terra

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