Real Investor Fundo de Investimento Imobiliário Responsabilidade Limitada (CNPJ 44.625.612/0001-45). A FoF/Hedge Fund vehicle managed by Real Investor Asset Management (Londrina, Paraná), leading total return among peers since its IPO (Nov/2022). Net assets of R$ 535M following the 6th offering concluded in Jun/2026.
Segment: Hybrid / FoF — Multi-category · Price R$ 100.15 · P/BV 0.9854 · BV/unit R$ 101.63 · Net assets R$ 511 Mi · 4,717 unitholders
RINV11 (Real Investor FII) is a Brazilian REIT in the Hybrid / FoF — Multi-category segment. Real Investor Fundo de Investimento Imobiliário Responsabilidade Limitada (CNPJ 44.625.612/0001-45). A FoF/Hedge Fund vehicle managed by Real Investor Asset Management (Londrina, Paraná), leading total return among peers since its IPO (Nov/2022). Net assets of R$ 535M following the 6th offering concluded in Jun/2026.
Buys units of dozens of other FIIs, real estate securities, and sector equities — Real Investor makes the selection for you and passes on distributions monthly. Be aware: as a fund of funds, you pay the RINV11 fee plus the fee of each invested fund.
This page gathers the factual snapshot of RINV11 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: Real Investor Asset Management.
Real Investor Asset Management is an independent asset manager headquartered in Londrina, Paraná (with a branch in São Paulo) with over 15 years of operations. RINV11 is the firm's public vehicle for the real estate sector and has accumulated a +53.4% total return since its IPO on 11/11/2022, compared to +33.9% for IFIX over the same period (160% of the index). Compared to the 21 FoFs/Hedge Funds with net assets > R$ 100M and a track record since Nov/2022, RINV11 leads the...FoF/Hedge Fund Portfolio Post-6th Offering — 72% in FIIs (skewed toward receivables), 11% CRIs, 10% equities, 9% cash
| Asset | Location | % of NAV | Occupancy |
|---|---|---|---|
| FYTO Recebíveis Imobiliários FII | — | 4.8% | — |
| Vinci CRED SEC FII | — | 4.3% | — |
| Cyrela Crédito FII | — | 4.2% | — |
| Iridium CRI FII | — | 4.1% | — |
| Kinea Hedge Fund FII | — | 4.1% | — |
| BTG Pactual Corporate Office Fund (BRCR) | — | 3.7% | — |
| RBR Premium FII | — | 3.7% | — |
| Clave Índices de Preços FII | — | 3.5% | — |
| JPP Capital Recebíveis Imobiliários FII | — | 3.5% | — |
| EQI CRI FII | — | 3.1% | — |
| RBR Alpha Plus Multi Real Estate FII | — | 2.9% | — |
| Fator Verita FII | — | 2.8% | — |
| Itaú Total Return FII | — | 2.6% | — |
| Kilima Volkano Recebíveis Imobiliários FII | — | 2.6% | — |
| Habitat II FII | — | 2.4% | — |
| JS Ativos Financeiros FII | — | 2.4% | — |
| JS Recebíveis Imobiliários FII | — | 2.2% | — |
| Galápagos Recebíveis Imobiliários FII | — | 1.9% | — |
| VBI Reits Multiestratégia FII | — | 1.9% | — |
| FII Green Towers | — | 1.3% | — |
| 9 Additional FIIs (BTHF11, UBSR11, RBR11, RBMR11, ITIP11, GSFI11, URPR11, INBR11, HSAF11) | — | 7.0% | — |
| cri-mrv-flex-xiii | — | 1.9% | — |
| cri-uniq | — | 1.5% | — |
| cri-balneario-buzios | — | 1.5% | — |
| cri-pinheiro-sa | — | 1.3% | — |
| cri-franco-ribeiro | — | 1.2% | — |
| 8 Additional CRIs (Quaresmeira, THL Sol Nascente, Vanguarda, FGR, Frizzo, Credlar, Real Supermercado | — | 4.8% | — |
| Real estate equities portfolio | — | 9.2% | — |
| Cash and Repo Operations | — | 2.3% | — |
HHI 0.025 — muito_baixa.
| Breakdown | Share |
|---|---|
| By index | IPCA+ 83.0% · CDI+ 16.0% · INCC+ 1.0% |
RINV11 trades practically at its book value (P/BV of 1.003 — R$ 106.70 vs. R$ 106.39). Slight premium of 0.3% over BV — essentially at par.
último fechamento R$ 100.15 · mínima histórica R$ 92.93 · máxima R$ 113.7 · valor patrimonial por cota R$ 101.63.
Volume médio diário (21 pregões) de r$ 497,304 · média de 12 meses de r$ 420,348.
Moderate liquidity. A R$ 100k position exits in 1 day, R$ 500k in ~5 business days, R$ 1M in ~10 days. Compatible with individual investors holding up to R$ 200k in RINV11.