São Paulo’s Luxury Shopping Landscape Shifts: Iguatemi’s Major Acquisition

Retail giant Iguatemi is set to reshape São Paulo’s luxury shopping landscape with a R$2.6 billion ($450 million) acquisition. The company has struck a deal to buy Brookfield’s stakes in two prime shopping centers: Pátio Higienópolis and Pátio Paulista. This move marks a significant shift in Brazil’s high-end retail sector. Iguatemi will gain a 60% […]