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.

Shopping Uberaba

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.

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