BTYU11 — BTG Pactual You Inc. Desenvolvimento Imobiliário FII

BTG PACTUAL YOU INC. DESENVOLVIMENTO IMOBILIÁRIO - FUNDO DE INVESTIMENTO IMOBILIÁRIO — CNPJ 54.645.216/0001-33

Segment: Real Estate Development / Residential & Commercial Development · Price R$ 5.5 · P/BV 0.5451 · BV/unit R$ 10.09 · Net assets R$ 303 Mi · 996 unitholders

What is BTYU11

BTYU11 (BTG Pactual You Inc. Desenvolvimento Imobiliário FII) is a Brazilian REIT in the Real Estate Development / Residential & Commercial Development segment. BTG PACTUAL YOU INC. DESENVOLVIMENTO IMOBILIÁRIO - FUNDO DE INVESTIMENTO IMOBILIÁRIO — CNPJ 54.645.216/0001-33

Capital allocated to real estate projects with high illiquidity and a small unitholder base

This page gathers the factual snapshot of BTYU11 in 2026: what the fund is, what it invests in, what it charges, who manages it and how it got here. Opinion, score and recommendation live in the analysis; payout calendar and projections live in dividends.

BTYU11 numbers in 2026

Net assets: R$ 303 Mi
Book value per share: R$ 10.09
Number of shareholders: 996
Gross leasable area: n/d

Fees

Management Fee: n/d
Performance Fee: n/d
Custody Fee: n/d

Manager

Management: BTG Pactual Gestora de Recursos Ltda..

BTG Pactual is one of Brazil's largest asset managers, with extensive experience in capital markets and alternative investments. In the real estate fund segment, it administers and manages several funds across various sectors. BTYU11's management focuses on real estate development—a strategy offering higher risk and return potential, but one that requires specialized monitoring. The BTG brand is considered high quality in the Brazilian financial market, but the 12-month unit price performance of -14.70% and the fund's low liquidity are points of attention regardless of the manager.

Administrador: BTG Pactual DTVM
PL BTYU11: R$ 306 Mi
12M unit price variation: -14,70%

See our analysis of BTG Pactual Gestora de Recursos Ltda. →

Price, P/BV and book value

last close R$ 5.5 · book value per unit R$ 10.09.

Liquidity and trading

Average daily volume (21 sessions) of R$ 6,680.

Critical liquidity. A R$ 10k position takes ~1.5 business days to exit without moving the price; R$ 100k takes ~15 days. Practically inaccessible for meaningful positions.

BTYU11 track record

BTYU11 is a real estate development fund managed by BTG Pactual with net assets of R$ 306M. The current unit price of R$ 7.60 represents a 26% discount to the book value of R$ 10.21. Over the past 12 months, the unit price dropped between 14.70% and 18.19%, signaling pressure on the portfolio. The 15.85% dividend yield is high, but may reflect profit realization from specific projects. A complete analysis requires detailed CVM filings.

Period	What happened
CRIAÇÃO DO FUNDO	Establishment of BTG Pactual You Inc. Desenvolvimento Imobiliário FII (CNPJ 54.645.216/0001-33) focused on residential and commercial developments.
OPERAÇÃO ATUAL	Fund in operation with capital allocated to real estate development projects. Unit price declining over the past 12 months.

Continue on BTYU11

Is BTYU11 worth it? Score, recommendation, risks and who the fund is for