Join our mailing list for Real Estate News, Events, Insights & Resources.
HSI plans to expand malls
- In addition to the expansion at Shopping Uberaba, the manager has plans to expand the portfolio with new assets and is considering acquiring malls in cities with more than 300,000 residents.
By: SiiLA News
12/19/2022 HSI, an investment manager focused on the real estate segment, invested around R$527.9 million this year in acquisitions in Minas Gerais. The amount was used to acquire two malls in the state's interior.
In addition, the manager evaluates the acquisition of other assets and invests in those already part of its portfolio. The Valor Econômico newspaper anticipated the news. The manager has 11 properties (malls) within seven states in its portfolio.
Also, according to the report, one of the properties for expansion is Shopping Uberaba, acquired in June for R$332.9 million. According to data from the GROCS platform, Shopping Uberaba was launched in 1999 with 25,111 sq meters of GLA (gross leasable area).
In addition to the expansion at Shopping Uberaba, the manager has plans to expand the portfolio with new assets and is considering acquiring malls in cities with more than 300,000 residents.
Did you know that SiiLA also has a complete solution where it is possible to get data and analysis of shopping centers throughout Brazil? Learn more about GROCS.
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.
Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026Investments
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
