Allos agreed to sell its 60% stake in São Bernardo Plaza Shopping to XP Malls for R$331.1 million, about US$64 million, in an asset-recycling move.
Brazil · Business
Key Facts
—The deal Allos signed a memorandum of understanding to sell its full 60% stake in São Bernardo Plaza Shopping.
—The price R$331.1 million, or about US$64 million at roughly 5.19 reais per dollar on August 14, 2026.
—The buyer XP Malls (XPML11), the listed shopping-mall fund managed by XP Vista Asset Management.
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