LatAm Real Estate "Another brick in the wall: HIS/HMP CPI in SP was conc..."

Research evidence excerpt

LatAm Real Estate "Another brick in the wall: HIS/HMP CPI in SP was conc..."

Global Research

20 May 2026ab

LatAm Real Estate Equities

Latin AmericaAnother brick in the wall: HIS/HMP CPI in SP

was concluded; ALOS to look for multiuse Real Estate

Tainan Costa

Analyst

tainan.costa@ubs.com

HIS/HMP CPI in SP was concluded, but proposals remain uncertain +55-11-2767 6091

According to the news, the HIS/HMP CPI in SP was concluded yesterday (19). In its

Ana Julia Zerkowski

final report, the commission states that 916 developments were notified and more

Associate Analyst

than 171k housing units were inspected during the CPI period, while more than 62k ana-julia.zerkowski@ubs.com

HIS/HMP units were subject to inspection. Meanwhile, in an early session of the +55-11-2767 6303

investigations, the Chamber had promised the creation of a “mega project” to

reform the social housing policy in SP, but the commission concluded only with the

final report, which also gathers suggestions and referrals to other bodies. Among

the proposals, there is the restriction of new HIS/HMP developments in higher-

valued neighbourhoods. Also, a type of “amnesty” was requested to regularize

properties, as well as the creation of a channel for complaints, in addition to the

suspension of commercialization and cancellation of permits for companies that do

not comply with housing policy rules. Lastly, according to the news, the outcome of

these proposals remains uncertain, as part depends on new bills, municipal

regulations or referrals to entities such as the Public Prosecutor’s Office. - Here

Allos to look for multiuse opportunities

According to the news, Allos is reviewing the land where its malls are located to

identify opportunities to develop projects from other segments, giving its areas a