Prumo and RB Capital celebrate partnership for Logistics Condo in Açu Port - Porto do Açu

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Prumo and RB Capital celebrate partnership for Logistics Condo in Açu Port

Investment in the project will be R$220 million, creating 2,000 jobs

The installation of a Logistics and Industrial Condo in Açu Port was announced by Prumo Logística, the operator and developer of the enterprise. Designed in partnership with RB Capital, the condo will offer modular warehouses and patios, space for built-to-suit projects, and shared and pay-per-use service options. The companies signed a commitment letter and now begin internal studies to develop the project before signing a definitive contract.

“The Logistics and Industrial Condo will open the door to suppliers who will meet the demands of plants installed in the Açu Port Industrial District. They will be able to rent area that is ready, with different types of products, shared services and superior access,” said Açu Port Commercial Manager José Guilherme Vasconcelos.

The Condo will meet the demands of suppliers and sub-suppliers of the O&G industry, as well as logistics operators and industrial equipment companies.

Alexandre Rhinow, a partner at RB Capital, explained that the condo offers opportunities for investors and future clients. “We were quite impressed with the trade volumes already materializing in Açu and even more with the project’s potential. This concept of modular warehouses and patios with shared services will offer even more competitiveness for future clients, as well as great cost-cutting possibilities for current clients.”

Located just 3 minutes away from port terminals, the Condo will have a high-capacity road, prepared to transport equipment of all sizes. With a total area of 465,000 m², the complex has potential to offer gross leasable area (GLA) of 340,000 m².

Planned capex is R$220 million for the development of the Logistics and Industrial Condo, which will begin operations in 1Q18. About 2,000 jobs will be created by companies that set up facilities there.

About RB Capital
RB Capital is an independent firm that develops innovative solutions in the capital markets. RB Capital acts in the origination, design and distribution of structured credit transactions and allocates necessary capital for the development of real estate and infrastructure businesses.

The firm also manages real estate, credit and infrastructure funds, with a dedicated team allocated in an independent area. By developing and delivering innovative and efficient solutions, RB Capital generates real benefits for clients, investors, partners and associates, and contributes to the development of capital markets in Brazil. The firm has strategic partnerships with large investment and construction companies.

RB Capital is managed by seasoned professionals, with complementary skills and knowledge, most of them working in the financial markets for about 20 years. All partners and directors participate directly in all business activities, ensuring full dedication to clients and responding directly for the quality of services provided and investments made.

About Açu Port
Açu Port is located in São João da Barra (Rio de Janeiro state) on 90 km², divided into two terminals: Terminal 1 (T1 – Offshore Terminal) and Terminal 2 (T2 – Onshore Terminal), in addition to an area dedicated to facilities installed by maritime and industrial enterprises.

T1 handles iron ore and crude oil, with berths built along 3 km of quayside. Operating since October 2014, the terminal welcomed more than 100 iron-ore ships for Anglo American (which operates in Conceição do Mato Dentro, Minas Gerais state) and handled more than 13 million tons. Prumo and Anglo American each own 50% stakes in a joint venture named Ferroport. T1 encompasses the Oil Terminal (T-OIL), already operating and with capacity to handle 1.2 mbpd.

T2 is composed of the surrounding area of the canal for navigation, with 6.5 km in length, 300 meters in width and up to 14.5 meters in depth. Technip, NOV, InterMoor, Wartsila, Edison Chouest and TECMA (Açu Marine Fuel Terminals) already operate their own facilities at the terminal.​