Article

ALZR11 real estate fund reported a November profit of R$ 10.158 million, down from R$ 10.678 million in October, with revenues of R$ 11.524 million and expenses of R$ 1.366 million. The fund's cash and securities position is R$ 220 million, accounting for 17% of net assets, and it plans to distribute R$ 0.0836 per share. Despite a decline in share prices due to external factors, the investor base grew to approximately 177,500, with significant adjustments in rental rates for inflation-protected contracts.