HSI Malls Real Estate Investment Trust (HSML11) continues to grow its portfolio, announcing on Monday (11) the acquisition of an additional 4.5% stake in SuperShopping Osasco, in São Paulo. The R$ 13.1 million investment equates to approximately R$ 16,000 per square meter of gross leasable area (GLA) and was secured at a cap rate of 9.6%. Subscribers to SiiLA’s GROCS platform can access full transaction details.  

The deal follows last week’s purchase of a 3.01% stake in the shopping center. HSI’s target is to reach a 10.02% interest in the asset — with only 2.48% remaining to be acquired. Once completed, the total investment will reach R$ 29.1 million.  

Under the leadership of Co-Founder and CEO Maximo Lima, HSI manages R$ 13.3 billion in assets across five Brazilian states. Its portfolio includes shopping centers such as Granja Viana, Pátio Maceió, Metrô Tucuruvi, Via Verde, and Shopping Paralela, alongside investments in real estate private equity, private credit, and other segments.