HBR Divests Mall Stakes After Homebuilder Deal - LatinFinance
5 Articles
5 Articles
HBR Realty celebrated, on Wednesday (4), definitive instruments for the sale of 20% of Mogi Shopping, 25% of Suzano Shopping, 50% of Patteo Olinda Shopping and 90.9% of Lead Corporate Faria Lima for the Fund SPX Portfolio Alfa, vehicle under the management of SPX Real Estate. The closing of the business is scheduled to take place until next November 11th.
HBR Realty has concluded an agreement of R$ 937.7 million to sell shares in three shopping centers and a corporate building for the SPX Portfolio Alpha fund, managed by SPX Real Estate. Of the total value, R$ 562.6 million will be paid out at the close of business. The remaining R$ 375.1 million will be divided into four [...] The post HBR Realty sells shares in four properties for almost R$ 1 billion appeared first in Market Monitor.
HBR Realty (HBRE3) has signed contracts to sell shares in four projects from its portfolio to SPX Portfolio Alfa, real estate fund under the management of SPX Real Estate. The transaction adds R$ 937.7 million, according to relevant fact disclosed to the market. According to the document, the business involves a 20% slice of Mogi Shopping, 25% [...]
The closure of the operation is planned to take place until the next 11 November 2026
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