Back to portfolioOBJECTIVE OF THE FUND
ASA Metropolis FII (ASMT11) is a real estate investment fund whose main objective is to earn income from rents and capital gains based on the appreciation of its assets. The fund invests in properties for commercial use in Brazil's main urban regions.
Portfolio Manager
Martim Fass
Head | Real EstateMartim Fass has a degree in administration from UFSC. He started his career in 1998 and has been dedicated to the real estate fund market since 2004. He was a partner and head of real estate funds at Rio Bravo until 2010, then spent 9 years at Safra Asset Management and, in 2020, founded CORE Real Estate. At ASA Investments, he is responsible for the real estate investment area.
ASA METROPOLIS' NUMBERS
4 Corporate Real Estate
BRL 172.2 mi Total real estate
13% physical vacancy
3.1 average remaining term
18.421 M² gross leasable area
4 Tenants
Real State
Souza Aranha I
Leasable Area: 2.231 m²
Fund Ownership: 100%
Av. Alfredo Egídio de Souza Aranha, 145
São Paulo, SP
Property built in the 80's with visionary engineering techniques for the time. Low maintenance cost, natural air circulation and up-to-date infrastructure.
Souza Aranha II
Leasable Area: 4.079 m²
Fund Ownership: 100%
Av. Alfredo Egídio de Souza Aranha, 145
São Paulo, SP
Custom built corporate building (BTS) in 2016 with high standard construction features, slab with wide clear span and flexible use by one or more tenants.
Porto Alegre
Leasable Area: 4.421 m²
Fund Ownership: 100%
Av. Independência, 565
Porto Alegre, RS, Brazil
Custom building (BTS) for a telecommunications company, used as a monitoring and infrastructure distribution center in the Porto Alegre region.
Flamengo Park Towers
Leasable Area: 7.690 m²
Fund Ownership: 100%
Flamengo Beach, 66
Rio de Janeiro, RJ
Building with modernized structure, ample parking and views of the city's postcards. It was retrofitted in 2008 and is located in front of Aterro do Flamengo with easy access to public transportation and Santos Dumont Airport.