• HBR Realty posted 2Q26 gross revenue of R$ 63.5 million, up 13.9%; net revenue rose 13.9% to R$ 56.9 million.
• Managerial NOI increased 14.5% to R$ 36.7 million; adjusted EBITDA climbed 24.7% to R$ 27.1 million, with a 47.7% margin.
• Net debt stood at R$ 1.6 billion with gross debt of R$ 1.7 billion; cash totaled R$ 149 million; net debt/PPI was 47.5%.
• W Hotel gross revenue rose 40.8% to R$ 19 million; average occupancy reached 52%; NOI increased 48.1% to R$ 7.9 million.
• Malls sales grew 7% to R$ 483.7 million; rental revenue rose 7.7% to R$ 31.5 million; average occupancy was 92.3%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HBR Realty Empreendimentos Imobiliarios SA published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.