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NCRA11

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Analysis and statistics

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About

NCRA11.SA refers to a Brazilian Real Estate Investment Fund (Fundo de Investimento Imobiliário, or FII) traded on the B3 stock exchange (formerly BM&FBOVESPA). Real Estate Investment Funds in Brazil pool investor capital to invest in various real estate assets, such as commercial properties, shopping malls, logistics warehouses, and more. The "11" at the end of the symbol is a standard convention for FIIs in Brazil. Investors in NCRA11.SA receive distributions of the rental income generated by the fund's properties and may also profit from the appreciation of the fund's share price. It is important to note that investment in FIIs carries risks, including market volatility, vacancy rates, and changes in interest rates.
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Factors

Occupancy Rate: Higher occupancy generally signals stronger rental income potential, boosting the fund's value.

Benchmark Interest Rates: Rising interest rates can make fixed-income investments less attractive, potentially decreasing the fund's price.

Real Estate Market Conditions: Overall property market health, including supply, demand, and price appreciation, impacts asset valuations.

Management Expertise: The fund manager's skill in selecting properties and managing operations directly affects performance.

Inflation Rates: Inflation can increase rental income and property values, but also raise operating costs, with a net effect varying.

Tenant Quality: The creditworthiness and stability of tenants affect the consistency of rental income.

Economic Growth: A stronger economy typically supports higher demand for commercial real estate.

Fund Expenses: Management fees and other costs directly reduce the distributable income and overall returns.

Regulatory Changes: Changes in tax laws or zoning regulations can impact property values and income.

Market Sentiment: Investor confidence and risk appetite can influence demand and trading prices.

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