Logistics Warehouse — Mercado Livre

A pre-leased, built-to-suit logistics development anchored by Mercado Livre, Brazil's leading e-commerce platform. Located in the core São Paulo logistics corridor (Cajamar/Franco da Rocha), the project totals ~219,000 m² across two phases. The investment thesis centers on high-quality modern supply in the country's deepest logistics market, a long-term atípico lease structure designed to enhance cash-flow visibility, and an execution plan built around a defined construction scope and delivery schedule.

E-commerce penetration in Brazil continues its structural rise, and Mercado Livre is the dominant platform with massive logistics infrastructure needs. The atípico lease cannot be terminated early without full remaining rent payment, providing predictable, inflation-linked cash flows with minimal vacancy risk. The BTS structure eliminates speculative development risk — the tenant is contractually committed before construction begins, and the two-phase delivery schedule de-risks execution.

Active investment. The facility is pre-leased to Mercado Livre under a long-term atípico contract with built-in inflation escalators. Two-phase development plan on track.