RBR Private Crédito Imobiliário

Paper FII managed by Patria that invests in CRIs based mainly on residential and logistics projects, with a strong concentration in São Paulo and a presence in Pernambuco, Minas Gerais and Goiás. The core risk is exposure to cash-restricted developers, such as Tarjab and Verticale, as well as restructuring operations. The difference is to combine pulverized CRIs with structured direct credit operations to developers, using leverage via undertakings.