HBR Realty (HBRE3) reported on Thursday, August 27, 2026, that it received a proposal from SPX Real Estate Gestão de Recursos Ltda. (SPX RE) for a potential acquisition of part of the company’s stake in the Mogi Shopping, Suzano Shopping, Patteo Olinda Shopping and Lead Corporate Faria Lima developments, through funds managed by SPX RE.
According to HBR Realty, a memorandum of understanding was executed granting SPX RE an exclusivity period to evaluate the transaction. Any eventual completion of the sale will depend on the parties reaching an agreement on commercial terms and conditions, the satisfactory conclusion of due diligence on the developments, and the obtainment of corporate approvals and clearance from the Brazilian antitrust authority (CADE).
The company emphasized that the negotiation of developments is part of the normal course of its business and stated that it will keep the market and its shareholders informed of any material developments related to the matter.
