Recently, Tok&Stok was the target of an eviction action and it became public that the company is facing financial difficulties.

Now, according to sources from Pipeline, the furniture retailer has hired Bradesco BBI bank to conduct negotiations with Mobly regarding a possible merger between the two companies. Mobly, in turn, is advised by Itaú BBA.

Occupancy monitoring

According to data from the SiiLA Market Analytics platform, Mobly currently occupies more than 80,000 m² in industrial properties, which are in 3 different states. 

Tok&Stok, on the other hand, is currently occupying more than 65,000 m² in industrial property in the state of Minas Gerais.

These numbers are based on the SiiLA market coverage in the country. Want to have access to more detailed information about the commercial real estate market? Get to know Market Analytics!