Vinci Partners Real Estate Industrial Development Fund (VFDL) Announces Second Investment | Your money
RIO DE JANEIRO, Brazil, December 08, 2021 (GLOBE NEWSWIRE) – Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “our” or “our”), the company controlling a leading alternative investment platform in Brazil, today announced the second investment by Vinci Fulwood FII ( “The Fund” or “VFDL”), the industrial development strategy of Vinci Partners.
VFDL has entered into an agreement for the construction of a new industrial warehouse located in São João de Meriti, in the state of Rio de Janeiro. The team expects an investment of R $ 58 million for this development project, which, along with its first investment, represents around 32% of the Fund’s total capital commitments raised to date.
Leandro Bousquet, Partner and Real Estate Manager of Vinci Partners, said: “We are very happy to announce our second development project for VFDL. Once concluded, this industrial warehouse will be located close to one of the main highways in the state of Rio de Janeiro, one of the most important consumption poles in Brazil and the second largest logistics market in the country. In addition to this project, we have a pipeline of notable investment opportunities, placing VFDL in a unique position to generate the best returns for our sponsors.
About Vinci Partners Immobilier
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 in various sub-strategies including shopping malls, industry and logistics, offices and financial instruments related to real estate assets. The Real Estate segment also manages opportunistic development funds.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners’ business lines 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-making process. We also have a financial advisory business, focusing primarily on pre-IPO, or pre-IPO, and M&A, or M&A, advisory services for Brazilian mid-market companies. .
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