Bresco Logística (BRCO11) has announced a record dividend distribution of BRL 1.05 per unit for July, marking the highest payout in the fund’s operational history.
The Brazilian real estate investment fund (FII) confirmed the distribution, which will be paid to investors holding units on the relevant record date.
The announcement highlights the resilience of Brazil’s logistics real estate market, where high occupancy rates and rental growth continue to support robust cash flows.
BRCO11’s ability to deliver a record dividend suggests strong underlying asset performance and effective management of its industrial portfolio.
This move places BRCO11 ahead of other major Brazilian FIIs in terms of per-unit yield for the month.
For context, Maxi Renda (MXRF11), one of the largest paper-backed funds in Brazil, recently confirmed a July distribution of BRL 0.10 per unit, maintaining a monthly yield of approximately 1.02%.