On Thursday, August 13, 2026, ALLOS S.A. (ALOS3) reported that it entered into a Memorandum of Understanding (MOU) for the full sale of its 60% stake in São Bernardo Plaza Shopping to XP Malls Fundo de Investimento Imobiliário – FII, managed by XP Vista Asset Management. The transaction is aligned with the company’s strategic objective of concentrating its portfolio in market-leading assets and sets a total price of R$ 331.1 million, equivalent to a 9.0% cap rate, calculated based on the NOI projected for 2026.
Of the total amount, R$ 231.8 million will be paid on the closing date of the transaction in XP Malls units, while R$ 99.3 million will be paid in cash within up to 24 months from closing, adjusted by the CDI. The completion of the transaction depends on the fulfillment of usual precedent conditions, including due diligence, waiver or not of preemptive rights, and approval by CADE.
