Fundos de investimento imobiliário: estudo dos prospectos relevantes em sua rentabilidade

Abstract

Real Estate Investment Funds (FIIs) represent a type of investment in the real estate market, bringing together resources from multiple investors. Various types of FIIs, such as Brick, Paper, Hybrid, Development and Funds, are under the aegis of legislation nº 8,668/93, being supervised by the CVM. Traded on the stock exchange, these funds offer diversified access to the market, such as Brick FIIs that direct investments to physical assets, such as commercial buildings. The research emphasizes the importance of meticulous analysis of prospects, addressing profitability, risks and management strategies, aiming to enrich investors' decision-making. In Brazil, real estate is traditionally seen as a safe investment, associated with longevity and appreciation. This study addresses the accessibility of FIIs as an attractive option for investors seeking solidity and foundation in their savings. However, the diversity of FIIs on the market, with different characteristics, requires careful analysis. The research is justified by the need for this understanding, especially in relation to profitability. Detailed analysis is crucial as fund prospectuses contain essential information about structure, strategy and risks that are key to informed decisions. Focusing on profitability, the research guides investors to maximize returns, contributing to individual success and the advancement of the real estate market. The objectives of the work include demonstrating the characteristics of FIIs for discernment. This will be done through an analysis focused on endogenous characteristics. Specific objectives involve verifying variables that influence results, describing their elements and identifying characteristics indicative of better performance in real estate funds.