Mallplaza Expands in Colombia: Acquires Eight Shopping Centers for US$376 Million
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Insights by Echo AI
Mallplaza, a leading shopping center chain, has signed a binding agreement to acquire eight shopping centers in Colombia from the Gran Plaza chain, owned by the real estate fund Pactia. The acquisition, valued at approximately US$376 million, will increase Mallplaza's portfolio to 45 assets across Peru, Chile, and Colombia. The eight shopping centers generated an approximate Net Operating Income (NOI) of US$35.4 million in the last 12 months and will add 180,000 square meters of Gross Leasable Area (GLA) to Mallplaza's portfolio. This deal strengthens Mallplaza's regional platform and consolidates its presence in Colombia.
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Parque Arauco crece con impulso de Perú y acelera apuesta inmobiliaria...
Mallplaza expande presencia en Colombia: adquirirá 8 malls por US$376...
Mallplaza firma acuerdo con Pactia para adquirir ocho centros comercia...
Mallplaza acelera expansión con compra de ocho centros comerciales por...
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