Iguatemi stock enters hospitality with Four Seasons project

Published on 11/10/2026 at 00:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iguatemi stock is entering hospitality through a Four Seasons project in Sao Paulo. The development is planned for completion in 2030.

Hospitality move broadens Iguatemi's portfolio

Iguatemi and Catuaí plan a Four Seasons hotel and residential complex in Sao Paulo with completion targeted for 2030.
Iguatemi will hold 44 percent of the project while shopping malls and commercial real estate remain its core activities.
The development will include 104 hotel rooms, 35 furnished apartments and ten private residential units.

Iguatemi, BRIGTIACNOR8, Illustration mit AI erstellt.

Iguatemi and Catuaí announced on Thursday, November 5, plans for a Four Seasons hotel and residential complex in Sao Paulo, according to Valor International. The project has an estimated investment of BRL 1 billion and is scheduled for completion in 2030.

Iguatemi stock was quoted at BRL 2.99 on B3 at 6:03 p.m. BRT on Monday, November 9. The latest market snapshot showed Iguatemi S.A. with a market capitalization of BRL 2,300,504,643.

A new hospitality asset

The 26-story development will rise on a roughly 3,600-square-meter site in Itaim Bibi, near Sao Paulo's Faria Lima financial district. Iguatemi will hold a 44 percent stake, while Catuaí will own 54 percent.

The complex is planned to include a 104-room Four Seasons hotel, 35 fully furnished apartments and ten separate luxury residences. Nine of the private units are expected to measure about 750 square meters each, while the penthouse is planned at 1,200 square meters.

Iguatemi chairman Pedro Jereissati described hospitality as a natural extension of the company's real estate activities, while emphasizing that leasing and shopping malls remain the core business. The project gives the group exposure to hotel income and branded residences, but completion remains several years away.