Vinci Partners Real Estate Industrial Development Fund (VFDL) Announces Second Investment

Rhea-AI Summary

On December 8, 2021, Vinci Partners Investments Ltd. (NASDAQ: VINP) announced its second investment in the Vinci Fulwood FII (VFDL) with an agreement for a new industrial warehouse in São João de Meriti, Rio de Janeiro. The project, estimated at R$58 million, accounts for approximately 32% of the Fund's total capital commitments. Leandro Bousquet, Head of Real Estate, expressed confidence in the project's location near major highways and its potential for attractive returns for investors. Vinci Partners specializes in alternative investments across various sectors in Brazil.

Positive

• Investment of R$58 million into a new warehouse, enhancing VFDL's portfolio.
• The new facility is strategically located near key logistics infrastructure, increasing potential returns.
• The project represents approximately 32% of total capital commitments, indicating strong growth.
• Strong pipeline of investment opportunities expected to benefit limited partners.

Negative

• None.

RIO DE JANEIRO, Brazil, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “we”, “us” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today the second investment for Vinci Fulwood FII (“the Fund” or “VFDL”), Vinci Partners’ industrial development strategy.

VFDL has reached 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 alongside its first investment represents roughly 32% of the Fund’s total capital commitments raised to this date.

Leandro Bousquet, partner and Head of Real Estate for Vinci Partners, said, “We are very pleased to announce our second development project for VFDL. When concluded, this industrial warehouse will be located close to one of the main highways in the state of Rio de Janeiro, one of Brazil’s most relevant consumer poles and the second largest logistic market in the country. Additional to this project, we have a pipeline of notable investment opportunities, placing VFDL in a unique position to generate the best returns for our limited partners.”   

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 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 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-making process. We also have a financial advisory business, focusing mostly on pre-initial public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.

Forward-Looking Statements

This press release contains forward-looking statements that can be identified by the use of words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. By their nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside of our control. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that such forward-looking statements will prove to be correct. The forward-looking statements included herein speak only as at the date of this press release and we do not undertake any obligation to update these forward-looking statements. Past performance does not guarantee or predict future performance. Moreover, neither we nor our affiliates, officers, employees and agents undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time.

USA Media Contact
Nick Lamplough / Kate Thompson / Katie Villany
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449

Brazil Media Contact
Danthi Comunicações
Carla Azevedo (carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779

Investor Contact
ShareholderRelations@vincipartners.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240

FAQ

What is the recent investment made by Vinci Partners (VINP) in December 2021?

Vinci Partners announced a R$58 million investment for a new industrial warehouse in São João de Meriti.

How much capital has Vinci Fulwood FII (VFDL) raised to date?

VFDL has raised capital commitments totaling approximately R$181 million, with the new project accounting for 32%.

What is the significance of the new industrial warehouse for VINP investors?

The warehouse's strategic location and investment size are expected to generate attractive returns for VINP investors.

Where is the new industrial warehouse being built?

The new industrial warehouse is located in São João de Meriti, Rio de Janeiro, Brazil.