Itaú Unibanco Auctions 123 Properties Across Brazil, Bids from R$42.5k

Itaú Unibanco, with Frazão Leilões, is auctioning 123 repossessed properties across 17 Brazilian states and the Federal District on September 24, 2026. Minimum bids range from R$42,500 to R$1.75 million, with São Paulo and Rio de Janeiro holding the most listings. This reflects ongoing bank asset disposal amid Brazil's credit cycle, signaling potential stress in collateral values but not a systemic shift.