Real estate fund completes purchase of 60% of São Bernardo…

In brief

Allos completed the sale of 60% of São Bernardo Plaza to a real estate fund.

The buyer is XP Malls.

Verified fact · material
The XP Malls real estate fund completed the purchase of 60% of São Bernardo Plaza mall from Allos.
Completion.
Sources[01][02]
Verified fact · material
Management estimates a R$ 30.8 million impact on fund earnings over 12 months.
Impact.
Sources[01][02]
Verified fact
According to Investidor10, the deal price is R$ 331 million.
Price.
Sources[02]
Verified fact
According to Investidor10, the deal had been agreed in a memorandum in August.
History.
Sources[02]

Transmission to assets

Completion confirms cash inflow for Allos, which has been selling mall stakes.

ALOS3positive

Sale generates cash.

Lost revenue.

What would change the view: Cash cuts debt.

direct10% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

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