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Brazil’s HGRE11 FII Approves R$700M Capital Raise Amid Deep P/VP Discount

Unitholders of the HGRE11 real estate fund approved a R$700 million offering, providing expansion capital while the asset trades at a P/VP of 0.88.

By Diane Cole

Published
Brazil’s HGRE11 FII Approves R$700M Capital Raise Amid Deep P/VP Discount
Illustration — BRZ.news

Unitholders of the HGRE11 real estate fund approved a R$700 million offering, providing expansion capital while the asset trades at a P/VP of 0.88.

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