See the FIIs recommended by BTG

XPML11, VISC11, and CPTS11 are among the 20 REITs recommended by BTG Pactual. Check out the full list of FIIs.

XPML11, VISC11, and CPTS11: Review the 20 REITs recommended by BTG Pactual. Photo: Pixabay

Joao Vitor Jacinto

05/07/2023 at 20:59
Two minutes of reading

Updated: 05/07/2023 at 20:59

Recommended wallet Real estate funds BTG for the month of July has already been announced on the market, with FIIs well-known by investors, such as XPML11And VISC11 that it CPTS11.

The purpose of the BTG wallet is to illustrate the The best real estate funds To invest according to the point of view of analysts.

For the month of July, some changes were made to the BTG portfolio in relation to the previous month’s recommendations. Among these changes is the decrease in positions FIIs RBRR11 (1.0%), KNCR11 (4.0%), BTCI11 (0.5%), HGCR11 (1.5%), HSLG11 (0.5%).

On the other hand, BTG gained position in BRCO11 (0.5%), BTLG11 (2.0%), JSRE11 (1.0%), PVBI11 (1.0%), XPML11 (0.5%) and HFOF11 (1.0%). In addition, the real estate fund was included among the recommendations VISC11with a weight of 1.5%.

Check out how it turned out below Recommended real estate fund portfolio For the month of July from BTG Pactual. In addition to the 20 FIIs, the list includes the weight of each fund in the portfolio and the sector in which it operates.

BTCI11: 11.5% (receivables)
RBRR11: 2.0% (Receivables)
KNCR11: 11.0% (receivables)
CPTS11: 12.5% (receivables)
HGCR11: 4.0% (receivables)
KNSC11: 5.5% (receivables)
MCCI11: 3.0% (receivables)
VILG11: 5.0% (logistical)
HSLG11: 3.5% (logistics warehouses)
BRCO11: 6.0% (logistics warehouses)
BTLG11: 4.0% (logistics warehouse)
RBRP11: 2.5% (hybrid)
BRCR11 4.5% (corporate panels)
HGRE11: 2.0% (corporate panels)
JSRE11: 6.0% (corporate panels)
PVBI11: 6.0% (corporate panels)
BTRA11: 2.5% (agribusiness)
XPML11: 5.0% (mall)
VISC11: 1.5% (shopping malls)
HFOF11: 2.0% (Fund of Funds)

What has changed in the BTG portfolio of real estate funds?

Regarding the inclusion of VISC11, BTG believes that FII has 4 major catalysts for the coming months, namely:

low interest rate;
Dividend growth.
discount
better operational indicators.

Thus, BTG Pactual is increasing its involvement in Brick real estate funds to 48.5%, while last month this position was 42.5%. Analysts note that the changes are intended to take advantage of potential new yield curve closures, particularly in a scenario where interest rate cuts are discussed at upcoming Copom meetings.

BTG indicates that the Real estate funds They are generally affected by the CDI variance, due to the competition in the monthly dividend. It concludes that “there is an expectation of increased demand and a consequent rise in the industrial fisheries industries in the medium term”.