The HSI Logística real estate fund has filed an eviction lawsuit against Casas Bahia due to a multi-million dollar delay in rent payments for two logistics centers.
The non-payment issues in the clean energy sector and corporate infrastructure have gained a new chapter with a dispute involving major retail brands.
The manager and administrator of HSI Logística have confirmed the filing of a legal action against Casas Bahia, which is currently undergoing judicial recovery proceedings.
The dispute stems from the failure to pay rent for September 2026, originally due on October 7.
The accumulated debt amounts to R$ 4.30 million, directly impacting the returns for the unitholders of the real estate fund traded on the stock exchange under the ticker HSLG11.
Impact on Logistics Assets
The distribution centers leased by the retailer are strategically located in key regions for the national supply chain.
The affected warehouses are HSI Log. Contagem, located in Contagem (MG), and HSI Log. São José dos Pinhais, in the state of Paraná.
The lawsuit was filed promptly, exactly one day after the due date, demonstrating rigorous asset management.
Market analysts consider the timely receipt of these lease payments vital for the financial health of property funds, which aim for operational efficiency and long-term financial sustainability.
Legal Nature of the Debt
A crucial point raised by the fund is the legal classification of the debt accumulated by the retail chain.
As the event generating the debt occurred after the company officially filed for financial restructuring, the amount has a distinct character.
The accumulated debt is extraconcursal in nature, meaning the amount is not directly subject to the traditional proceedings of the company’s judicial recovery.
This legal classification allows administrators to pursue the recovery of funds or the repossession of the spaces more directly.
The unfolding of this case will serve as a benchmark for future large-scale lease agreements in the country, reinforcing the importance of solid guarantees in asset management.
