Fundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund (BRCR11.SA)

Fundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund (BRCR11.SA) — VMCI valuation read

Across 120 indicators, Fundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund (BRCR11.SA) lands at VMCI 53/100. The Real Estate sector median is 50, so the 3-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on BRCR11.SA in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, BRCR11.SA trades at 27.0x earnings, 50% above the Real Estate median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 17.0% sits 7.0pp above the Real Estate median (10.0%). On Risk, net debt to EBITDA of -0.2x leaves covenant headroom for BRCR11.SA on the trailing balance sheet.

BRCR11.SA fell 0.7% over the trailing 7 days, with a +0.0% read on a 30-day basis.