How to Invest in Brazilian REITs in 2026

1. Open a brokerage account Choose a broker with zero fees for FIIs (most don't charge today). You'll need CPF, ID, and proof of address.

2. Transfer money Make a transfer (TED/PIX) from your bank to the broker.

3. Analyze the FIIs Before buying, evaluate indicators (P/BV, dividend yield, vacancy). See our article on FII indicators.

4. Buy shares on the trading platform Search by ticker (e.g., HGLG11) and submit a buy order. You can buy from 1 share.

5. Track in PaxMoney Record the purchase in PaxMoney (manually or by importing the brokerage note with AI). Track dividends, returns, and allocation.

Tip: Start with FII sectors you understand. If you frequent malls, research shopping FIIs. If you work in logistics, logistics FIIs.

• •Looking only at dividend yield: A very high DY may indicate risk (fund selling assets to pay dividends)
• •Not diversifying: Concentrating in a single sector or fund is risky
• •Buying at the top: Evaluate P/BV before buying — above 1.0 means you're paying more than net asset value
• •Ignoring property quality: Brick FIIs depend on location and tenant quality
• •Not reading management reports: Every FII publishes monthly reports — read them!
• •Panic selling: FIIs fluctuate less than stocks, but can drop. Maintain a long-term view

PaxMoney helps avoid these mistakes by showing indicators, diversification by type, and wealth evolution over time.