Major Brazilian shopping center real estate investment trust Hedge Brasil Shopping FII (B3: HGBS11) has confirmed the final terms of its 12th share issuance. The fund is targeting a capital raise of up to R$ 295.2 million, including distribution costs, signaling management's intent to aggressively expand its retail portfolio. The primary offering involves the initial issuance of 12 million new shares, with the potential to issue up to 14.4 million shares if a 20% additional allotment is fully exercised.