Gafisa ratifies BRL 223.11 million judicial transfer of Hotel Praia Ipanema project stake to Gloria VIII SPE
Reuters2026/08/22 01:54- Board meeting on Aug. 13, 2026 ratified the judicial adjudication transferring Hotéis Chami shares tied to the Praia Ipanema hotel project.
- Endorsed the valuation used in the adjudication at R$ 223.11 million, based on a Safe Harbor appraisal dated March 31, 2026.
- Confirmed the broader settlement terms with Gloria VIII SPE Participações Imobiliárias, the creditor in the Rio de Janeiro court proceeding.
- Ratified management actions already taken, authorizing additional steps to complete the transaction and related liability clean-up.
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