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FII HIRE PROPERTIES I Completes Sale of HY Pinheiros for BRL 300 Million
- The proceeds from this transaction will be used by the fund for dividend distribution and/or share amortization.
By: SiiLA News
10/15/2025 Last Friday (10th), FII HIRE PROPERTIES I completed the sale of the HY Pinheiros commercial building for BRL 300 million, equivalent to BRL 29,000 per square meter. According to the material fact released, the proceeds from the transaction were substantial and will be allocated to dividend distribution and/or share amortization.
The stabilized cap rate of the transaction, as calculated by SiiLA’s analysis team, is 7.25%.
HY Pinheiros
Located at Avenida Rebouças 2492, this Class A asset has a total area of 12,900 m² and a total private area of 10,000 m². The property is near the CPTM Hebraica-Rebouças station and Shopping Eldorado, with easy access to Marginal Pinheiros as well as Brasil and Brigadeiro Faria Lima avenues.
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