INSUBCONTINENT EXCLUSIVE:
Log Commercial Properties (LOGG3), a major player in developing, leasing, and managing logistics warehouses, reported a significant
R$100 million in the fourth quarter, marking a 36.6% increase from the same period in 2023
companies like Mercado Livre and Shopee, from the Sea Group, have been significant clients
This suggests that Log enters 2025 with continued momentum.Despite macroeconomic challenges like monetary tightening and anticipated higher
domestic inflation, Fischer emphasized that e-commerce demand remains robust.Log CP Sees 80% Profit Surge in 2024, E-commerce Drives Growth
However, e-commerce continues to grow beyond GDP and consumption rates
It achieved an impressive EBITDA margin of 255%, up from 133.3%.The focus on high-quality, Class A warehouses has also contributed to these
ahead, Log aims to maintain its share buyback program in 2025
The goal is to elevate its stock price to a fair value of R$43 per share, compared to the closing price of R$18.82 on the announcement
day.This strategy, however, depends on various factors including the pace of asset recycling
In 2024, Log sold 413,000 square meters of Gross Leasable Area (GLA) for R$1.5 billion ($0.25 billion), part of an asset recycling plan to
fund future expansions.The company plans to deliver an additional 500,000 square meters of GLA in 2025 with an investment close to R$1
This could potentially yield up to 25% for shareholders, based on the highest profit forecast.This performance and strategic direction
a clear path to sustained growth and shareholder value in a challenging economic landscape.
