Log Commercial stock tracks a BRL 210 million asset sale

Published on 09/28/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Log Commercial stock closed at BRL 25.08 on September 24, 2026, after a BRL 210 million warehouse sale. Itaú BBA set a BRL 32.00 target.

Log Commercial, BRLOGGACNOR7, Illustration mit AI erstellt.

Log Commercial stock stood at BRL 25.08 on B3 at the September 24, 2026 close, while 13,712,895 shares changed hands. The latest corporate catalyst is a BRL 210 million sale of the Log Recife II warehouse, completed on September 23, 2026.

Warehouse sale adds asset recycling

According to Finance News on September 23, 2026, Log Commercial sold Log Recife II to TRX Real Estate Fundo de Investimento Imobiliario. The transaction equaled BRL 4,375 per square meter, matched the property's net asset value and generated a 41.00 percent gross margin plus a 26.10 percent internal rate of return.

InfoMoney reported on September 24, 2026, that 62.00 percent of the consideration was paid at closing, including BRL 55 million in cash and BRL 75 million in fund units. The remaining 38.00 percent is scheduled in two IPCA-linked installments, including one due in December 2026.

Analyst target stays above market price

According to BTG Pactual on September 16, 2026, Itaú BBA began coverage with an outperform rating and a BRL 32.00 price target. Against the BRL 25.08 closing price on September 24, the target is BRL 6.92 higher, equivalent to 27.59 percent above the price.

The same research described Log Commercial's vertical model as covering land acquisition, construction, leasing and property management. It also cited a plan to develop 2 million square meters of gross leasable area by 2028, while warning that the company is sensitive to interest rates, construction costs and asset cap rates.

Stock trades below recent high

TradeMap reported a September 24, 2026 intraday range of BRL 24.94 to BRL 25.74 for LOGG3, with the BRL 25.08 close inside that band. The quoted daily change was minus 2.45 percent, giving the session a weaker market profile than the transaction economics.

Log Commercial's investor-relations page describes the company as a developer and lessor of class A logistics warehouses operating across Brazil. Its 2025 operating profile included 145 clients, 185 active contracts and a stabilized vacancy rate of 0.81 percent, supporting the recurring-income element of its asset-light strategy.

BRL 25.08 close sets the reference

Log Commercial stock closed at BRL 25.08 on B3 on September 24, 2026, with a market capitalization of BRL 2.1 billion as of September 16, 2026. The combination of a completed asset sale, a 41.00 percent gross margin and a BRL 32.00 analyst target gives investors three measurable reference points for LOGG3.