LOG Commercial Properties e Participações
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LOG Commercial Properties e Participações (LOGG3) investor relations material

LOG Commercial Properties e Participações Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary7 Aug, 2026

Executive summary

  • Delivered 147,000 sq m of ABL in Q2 2026, all pre-leased, with stabilized vacancy at 1.02% and gross absorption of 108,000 sq m, reflecting a 24.5% growth year-over-year and quarter-over-quarter.

  • Interim financial statements for the quarter ended June 30, 2026, reviewed with no material modifications required by auditors, prepared in accordance with CPC 21 (R1) and IAS 34 standards.

  • The company focuses on management, development, construction, and leasing of industrial warehouses and related real estate services across multiple Brazilian states.

  • Achieved record expansion cycle, maintaining high-quality, strategically located assets and consolidating a leading position in logistics.

  • Strong operational performance supported by disciplined asset selection and close client relationships.

Financial highlights

  • Net revenue for Q2 2026 was R$66 million, up 7.3% year-over-year; H1 net revenue reached R$132 million, up 13%.

  • Net profit for Q2 was R$58.7 million; H1 net profit was R$192.75 million, up from R$173.43 million in 1H25.

  • Rental EBITDA for Q2 was R$56.6 million (6.2% growth YoY) with an 85.8% margin; consolidated EBITDA for the quarter was R$79.8 million.

  • Service revenue in Q2 grew 60% YoY, with H1 service revenue at R$15.8 million, up 76%.

  • Earnings per share for 1H26 were R$2.20 basic and R$2.19 diluted, compared to R$1.99 and R$1.99 in 1H25.

Outlook and guidance

  • Development pipeline stands at 148,000 sq m across 17 projects in 13 states, with strict adherence to construction schedules.

  • Five-year funding potential of R$1 billion secured for 17 projects totaling 915,000 sq m of GLA.

  • Anticipates continued strong demand, low vacancy, and above-inflation rent growth, supported by e-commerce and tax reform.

  • Expects to maintain or increase dividend payouts, depending on CapEx and asset recycling speed.

  • Growth strategy focused on geographic diversification and capturing demand for Class A logistics assets.

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Q3 20266 Nov, 2026
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