Brazil. Mall operators accelerate projects

Publication

18 January 2018 à 16h09

Updated on 10 May 2019 à 17h23

Reading time

2 minutes

Publication: 18 January 2018 à 16h09, Updated on 10 May 2019 à 17h23

Reading time: 2 minutes

Publication

18 January 2018 à 16h09

Updated on 10 May 2019 à 17h23

Reading time

2 minutes

Publication: 18 January 2018 à 16h09, Updated on 10 May 2019 à 17h23

Reading time: 2 minutes

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Four years after the latest big cycle of investments in new malls ended in Brazil, mall developers aim to accelerate investments in 2018. The trend is to re-start older projects previously on hold, focus on expanding existing assets, adding nearby land for future projects, and increasing stores with new fittings. Multiplan is investing up to €130 million to restart construction of a new mall in Jacarepaguá, in the western zone of Rio de Janeiro. For Iguatemi, capital expenditures haven’t return

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