On Monday, August 31, 2026, Cyrela Brazil Realty (CYRE3) reported that the non-binding memorandum of understanding (MOU) signed on August 5, 2026 with TRX Gestora de Recursos and the fund TRX Real Estate Fundo de Investimento Imobiliário – Responsabilidade Limitada (TRXF11), regarding a potential transaction involving the acquisition of a portfolio of real estate assets owned by Cyrela and its subsidiaries, will be terminated.
According to the company, TRX representatives informed on the evening of August 28, 2026 that TRX and TRXF11 no longer intend to proceed with this potential acquisition transaction. Cyrela reiterated that the MOU did not constitute a contract or an obligation to consummate the transaction, serving only as a description of the terms and conditions that could eventually be formalized in definitive documents.
The termination of the MOU will take place on this date, by mutual agreement between the parties, without any burden, penalty, or additional obligation.
