MFII11 — Mérito Realty / Marca Livus / MCMV
Segment: Real Estate Development - Residential · Price R$ 31.55 · P/BV 0.3237 · BV/unit R$ 97.47 · Net assets R$ 663 Mi · 31,997 unitholders
MFII11 (Mérito Desenvolvimento Imobiliário I FII) is a Brazilian REIT in the Real Estate Development - Residential segment. MFII11 — Mérito Realty / Marca Livus / MCMV
Finances and constructs affordable residential developments (Minha Casa Minha Vida program) and profits from unit sales, passing results on to investors. Be aware: nearly a quarter of the net assets are tied up in a cemetery fund experiencing governance crises and increasingly limited liquidity.
This page gathers the factual snapshot of MFII11 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.
Management: Mérito Investimentos.
| Asset | Location | % of NAV | Occupancy |
|---|---|---|---|
| MCEM11 position (cemeteries) | — | — | — |
| MCMV / Livus projects underway | — | — | — |
Fund's P/BV.
last close R$ 31.55 · all-time low R$ 52.26 · high R$ 157.0114 · book value per unit R$ 97.47.
Average daily volume (21 sessions) of R$ 2,400,000 · 12-month average of R$ 1,260,000.
Moderate liquidity. A R$ 1 million position trades out in ~2 business days. Adequate for individual investors; may be tight for institutional investors.