TRXF11 will invest R$ 160 million in a property for Obramax in Rio de Janeiro.

The TRX Real Estate Fund (TRXF11The company has completed the acquisition of land located in the city of São Gonçalo, Rio de Janeiro, for approximately R$160 million, where a property will be built for lease to a retail chain of construction materials. Obramax (BMB Material de Construção), belonging to the group related to Leroy Merlin, with a “Big Box” profile. 

TRXF11 had announced the acquisition of this property for development in October 2023 and, after overcoming the suspension conditions and obtaining approval for construction from the city hall, the purchase process was finalized.

Check out the full article at: https://www.nordinvestimentos.com.br/blog/trxf11-imovel-para-obramax-no-rio-de-janeiro/