Join our mailing list for Real Estate News, Events, Insights & Resources.
Fii Vinci Partners Adds 7 New Assets to Portfolio, with 6 Formerly Belonging to Allos
- Real Estate Investment Fund of Vinci is Making a Millionaire Acquisition of Seven Shopping Mall Assets
By: SiiLA News
12/28/2023 During the final week of the year, the FII Vinci Shopping Centers (VISC11) seized the opportunity to embark on a shopping spree. The fund announced its intention to acquire seven shopping malls scattered across Brazil, in a transaction valued at R$ 537 million.
The shopping malls involved in this transaction are as follows:
- 35.0% ownership of Shopping Estação in Curitiba (PR)
- 5.0% ownership of Plaza Sul Shopping in São Paulo (SP)
- 10.0% ownership of Shopping Villagio Caxias in Caxias do Sul (RS)
- 15.0% ownership of Carioca Shopping in Rio de Janeiro (RJ)
- 15.0% ownership of São Luís Shopping in São Luís (MA)
- 10.0% ownership of Bangu Shopping in Rio de Janeiro (RJ)
- 20.0% ownership of Madureira Shopping in Rio de Janeiro (RJ)
It's noteworthy that out of the acquired portfolio, six ventures belong to Allos, with the exception of Madureira Shopping.
The Seller
ALLOS has officially confirmed the sale of its assets through a statement, spread across Paraná, Maranhão, Rio Grande do Sul, São Paulo, and Rio de Janeiro. The company is poised to gain a substantial R$442.8 million from this transaction.
As part of this move, ALLOS will part ways with São Luís Shopping in Maranhão. In the case of the other shopping centers, the company is selectively selling portions of its stake in each property. In their official communication, ALLOS underscores that these divestments underscore the company's prowess in executing transactions that not only create substantial value for shareholders but also reflect a consistent commitment to identifying opportunities for optimizing the Company's capital allocation.
Historical Context
Another recent move occurred in November of this year when ALLOS signed a commitment to purchase and sell 60% of Jardim Sul Shopping and 43% of Boulevard Shopping Bauru to Hedge. The total value of the combined operations is R$444.4 million.
In September, the owner and administrator of shopping malls issued a statement informing that it had signed a partial purchase and sale commitment for Plaza Sul Shopping for a total amount of R$120 million.
All these movements are taking place after the merger of Aliansce Sonae and brMalls, which created the brand ALLOS. At that time, the company owned 62 shopping centers throughout Brazil.
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
LOG Completes the Largest Industrial Properties Transaction of 2026; CFO Comments
05/05/2026Executive reshuffle: André Lucarelli to replace Ubirajara Freitas at Tegra Incorporadora
05/05/2026HSI Malls sells 49% stake in Maceió mall for R$ 237M
05/04/2026Tenant Exit Increases Vacancy at Birmann 20 and Pressures Hedge’s Fund
04/30/2026Rio Bravo boosts rent 26% and keeps full occupancy in São Paulo
04/30/2026Investments
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target
Market Trends
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why
Trusted by Leading Publications
EXCLUSIVE CONTENT
