The Control Group of HBR Realty (HBRE3), formed by Hélio Borenstein S.A. – Administração, Participações e Comércio, Henrique Borenstein and Henry Borenstein, increased its stake from 52.462% to 56.121% of the share capital on November 10, 2026. The change results from the settlement of the unified exchange tender offer for the acquisition of control and cancellation of the registration of Helbor Empreendimentos S.A.
The number of common shares held by the group went from 54,135,217 to 108,856,025.
According to the letter sent to HBR Realty, the shareholders of the Control Group do not hold any other securities issued by the company or equity derivative financial instruments referenced to the company's shares. The transaction does not change the composition of control or the management structure of HBR Realty (HBRE3).





