Versalhes Recebíveis Imobiliários Fundo de Investimento Imobiliário — Limited Liability (CNPJ 36.244.015/0001-42). Hybrid paper FII, active multi-category management, administered by Vórtx DTVM and managed by R Capital Asset Management.
Segment: Real Estate Credit (CRI) — Hybrid · Price R$ 1.62 · P/BV 0.141 · BV/unit R$ 11.49 · Net assets R$ 343 Mi · 59,372 unitholders
VSLH11 (Versalhes Recebíveis Imobiliários FII) is a Brazilian REIT in the Real Estate Credit (CRI) — Hybrid segment. Versalhes Recebíveis Imobiliários Fundo de Investimento Imobiliário — Limited Liability (CNPJ 36.244.015/0001-42). Hybrid paper FII, active multi-category management, administered by Vórtx DTVM and managed by R Capital Asset Management.
A fund that lends money to developers backed by real estate and distributes interest as monthly income — over a third of the portfolio has had delinquent borrowers for years. Beware: distributions are paid out of reserves, not real cash flow from borrowers.
This page gathers the factual snapshot of VSLH11 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: R Capital Asset Management.
| Asset | Location | % of NAV | Occupancy |
|---|---|---|---|
| CRI Resort do Lago Park (19L0882537/538/539/549/550/551) | — | — | — |
| CRI Gran Viver (21J0989453 / 21J0989842) | — | — | — |
| CRI Brasil Parques (21H0769216 / 21H0769214) | — | — | — |
| CRI Circuito de Compras (20G0684776) | — | — | — |
| CRI EDA (19J0713620 / 19J0713616) | — | — | — |
| CRI Loteamentos Goiás (20F0736291) | — | — | — |
| CRI Pride II (24B2057932 / 24B2057933) | — | — | — |
| Other current CRIs (IPCA+ / IGP-M+ / fixed rate) | — | — | — |
| R Capital Seletus FIC Multimercado | — | — | — |
| Lote M2 FII | — | — | — |
| Lodge FIRF CP | — | — | — |
| Beyond Soberano FIC RF DI | — | — | — |
| R Cap 1810 Fundo de Fundos FII | — | — | — |
Fund's P/BV.
last close R$ 1.62 · all-time low R$ 1.68 · high R$ 4.02 · book value per unit R$ 11.49.