TRX REAL ESTATE FUNDO DE INVESTIMENTO IMOBILIÁRIO - FII, a fund managed by BRL Trust Distribuidora de Títulos e Valores Mobiliários S.A. signed an agreement to acquire Five properties from Grupo Mateus S.A. for approximately BRL 234.8 million.

TRX REAL ESTATE FUNDO DE INVESTIMENTO IMOBILIÁRIO - FII, a fund managed by BRL Trust Distribuidora de Títulos e Valores Mobiliários S.A. signed an agreement to acquire Five properties from Grupo Mateus S.A. (BOVESPA:GMAT3) for approximately BRL 234.8 million on December 21, 2023. The FII manager will rent the assets back from the fund to TRX REAL ESTATE FUNDO DE INVESTIMENTO IMOBILIÁRIO. Lease contracts are for 20 years of the atypical type.

Two of the five properties are in Caruarú (PE), one is in Aracaju, one in Patos (PB) and the last in Guarabira (PB). The properties in Caruarú and Aracajú will be leased on a ?built to suit? basis (when works and real estate are being developed to build the stores); The properties in Patos and Guarabira will be leased on a ?sale and leaseback?

basis , with the stores ready and operating.