Brazil. Birth of a giant in shopping centres

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16 April 2019 à 11h06

Updated on 10 May 2019 à 16h11

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1 minute

Publication: 16 April 2019 à 11h06, Updated on 10 May 2019 à 16h11

Reading time: 1 minute

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Publication

16 April 2019 à 11h06

Updated on 10 May 2019 à 16h11

Reading time

1 minute

Publication: 16 April 2019 à 11h06, Updated on 10 May 2019 à 16h11

Reading time: 1 minute

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By next month, shopping centre operators Aliansce Shopping Centres and Sonae Sierra Brasil are expected to enter into a merger agreement, which means that the combined firm will be worth more than US$2.5 billion. Aliansce Shopping Centres has 20 shopping centres in Brazil and Sonae has 15. After consolidation, the new player will be able to compete with BR Malls, who manages 39 Malls in Brazil. This project is taking shape at a time where many shopping centre owners have seen fortune

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