MarketsNotableReported
5.7
Brazil retail sales up 6.3% y/y in Q3, September dips 0.3% m/m
InfoMoney·BR·about 10 hours ago
HSLG11, a Brazilian logistics real estate fund, is trading sharply lower after tenant Casas Bahia failed to pay R$4.3 million in rent. The default signals potential stress in the retail sector and raises concerns about the fund's income stability. The market impact is limited to the fund and possibly the broader Brazilian retail/FII sector.