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Brazilian shopping center company Allos divests São Bernardo Plaza stake

In a market announcement on Thursday evening, August 13, Allos, the largest Brazilian company in the shopping centre sector, reported that it has signed a Memorandum of Understanding (MOU) with XP Malls. The agreement is for the total sale of its 60 percent stake in São Bernardo Plaza Shopping. According to the statement, “the transaction is in...

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Brazilian shopping centre operator Allos partners with Kinea to create investment fund

Shopping centre operator Allos has signed a memorandum of understanding with investment firm Kinea, securing an agreement that aims to create a real estate investment fund, Kinea Allos Malls Fil, which will be co-managed by both companies. According to the statement, the next step will be to raise funds through a primary share offering. The...

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