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Log CP completes the sale of the property to CSHG Logística FII

The closing of the deal was disclosed through a material fact yesterday (28)


SiiLA


Log CP concluded the sale of the Log Betim II property to CSHG Logística's real estate fund. The first instalment was R$ 175,828,888.60, according to the material fact. This amount is equivalent to 70% of the total asset value.


Previously, Log CP had already announced the Purchase and Sale Commitment in July. Log Betim II is a project still under construction, developed in the BTS model for Mercado Livre, a company operating in e-commerce.


Yesterday afternoon, Log CP shares rose 1.67%.