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2.1
Institutional investors sell R$182M in Brazilian real estate FIIs
InfoMoney·BR·about 13 hours ago
HGBS11, a Brazilian shopping mall real estate fund, plans to maintain a dividend distribution of R$0.17 per share through end-2026, using proceeds from asset sales to stabilize payouts. This indicates potential portfolio restructuring amid retail sector headwinds. The move is a defensive measure to sustain income for unitholders, reflecting broader challenges in Brazilian retail real estate.