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RECM11

8.89000 BRL
0.03
0.34%
Last update May 14, 5:00 PM -03
Market closed
Day range
8.41000
8.91000
Previous close
8.86000
Open
8.91000
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Rec Multi - FII - R Ltda.
8.89
0.03
0.34%

Overview

Description

Rec Multi - FII - R Ltda. is a type of real estate investment fund that operates primarily in the Brazilian market. As an FII, or Fundos de Investimento Imobiliário, its main purpose is to pool resources from investors to invest in a diversified portfolio of real estate assets, including commercial, residential, and possibly industrial properties. This fund offers investors a way to access real estate without the need to directly purchase or manage physical properties, instead providing a share of the income generated from rental properties or property appreciation. Real estate investment funds like Rec Multi are significant players in the real estate sector, contributing to the liquidity and development of property markets in Brazil. They are also subject to real estate market dynamics and regulatory frameworks within the country, offering potential benefits of diversification, yield generation, and relatively stable cash flows to investors who prefer indirect holdings over direct property acquisitions. As such, Rec Multi - FII - R Ltda. plays a vital role in facilitating investment in the real estate sector, making it an integral part of Brazil's financial market landscape.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Brazil
MIC code
BVMF
Market closed

Exchange is currently closed
Pre-market opens in 7 hours 10 minutes

02:34
00:00
10:00
18:00
23:59

Trading Hours (Monday - Friday):

Pre-market
09:45 - 10:00
Main market
10:00 - 18:00
All times are displayed in the America/Paramaribo timezone (-03, UTC-03:00).