According to Danilo Barbosa, partner and director of Clube FII, the arrival of a new fund in the market is important, especially in the shopping mall segment and with the recent Selic rate cut.

"In the last two years, shopping mall REITs have shown the best performances in the brick sector, demonstrating the resilience and adaptation of this business model. Shopping malls have been reinventing themselves; they are no longer just shopping malls anchored exclusively by major retail chains. Currently, they have evolved into spaces that prioritize experience and offer a variety of services, becoming places for socializing, services, and interaction. This change reflects an adaptation to new consumption habits and customer expectations, making them true living organisms in constant evolution," says Barbosa.

Moreover, the executive explains that this moment of reduction in the Selic rate could lead to more funds emerging. Another interesting factor Barbosa mentions is that out of the 35 listed funds in this segment, only 10 have assets exceeding R$ 1 billion.

"The average asset value of shopping center REITs is around R$ 870 million. An interesting aspect of the new fund, such as BBIG11, is its partnership or association with Iguatemi, known for focusing on high-income audiences, differentiating itself from most shopping center REITs that tend to focus on the B and C class audiences," he concludes.