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LOG Commercial Properties e Participações (LOGG3) investor relations material
LOG Commercial Properties e Participações Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Logistics warehouse market in Brazil remains robust, with historic low vacancy rates and strong demand for quality assets in strategic locations.
Delivered 45,400 sq m of GLA in 3Q25, with 96% pre-leased and a stabilized vacancy rate of 0.81%, well below the national average.
Asset recycling strategy led to BRL 790 million in sales YTD, supporting expansion and maintaining asset quality.
Asset management platform LOG ADM expanded to 2.6 million sq m under management (+50.4% YoY), with service revenue up 62%.
Service revenue and asset management platform LOG ADM saw significant growth, diversifying income streams.
Financial highlights
Net lease revenue was BRL 66.7 million in 3Q25, up 18% YoY; average lease ticket BRL 22.43 per sq m (+10.3% YoY).
Lease EBITDA reached BRL 57.1 million (+15.4% YoY, margin 85.6%).
Development EBITDA was BRL 135.7 million in 3Q25 (+52.6% YoY); consolidated EBITDA BRL 192.8 million (+41.6% YoY).
Net income for Q3 was BRL 111.4 million (+14.7% YoY); EPS BRL 1.28 (+15.7% YoY).
Service revenue hit BRL 6.1 million (+62% YoY, gross margin 70.4%), covering 46% of SG&A.
Outlook and guidance
CapEx expected to remain elevated in Q4, with robust project pipeline and positive outlook for 2026.
Rental repricing cycle and low vacancy expected to sustain growth; further expansion planned.
Service revenues anticipated to fully cover SG&A by end of LOG 2 Million Plan.
Net income guidance for 2025 is BRL 350–450 million.
Next LOG Commercial Properties e Participações earnings date
Next LOG Commercial Properties e Participações earnings date
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