BrasilAgro sells part of Rio do Meio farm
LND•The sale of part of BrasilAgro’s Rio do Meio farm in Bahia generated a R$50.8 million gain in the company’s fiscal first quarter. The transaction achieved 2.9 times book value, with an expected 26.2% internal rate of return in reais.
1. Sale and separate lease
BrasilAgro said the sale of part of its Rio do Meio farm in Correntina, Bahia, generated a R$50.8 million gain in its fiscal first quarter and achieved 2.9 times book value. The transaction has an expected internal rate of return of 26.2% in reais. A separate lease signed in September 2026 covers land excluded from the sale and expires in June 2030; it includes a purchase option exercisable by March 2028 at 425 soybean bags per arable hectare.
