Find in the news:
BY COUNTRY

832 new retail centers for Latin America by 2025



There are currently 1555 shopping center within Peru, Mexico, Colombia, Chile, Brazil and Argentina, but that figure is set to increase to 2387 by 2025.
This increase in development will increase the mall penetration rate in these countries from 10.8 square meters per 100 people to 16 square meters.  These are the countries that account for around 87% of malls in Latin America, as well as 76% of its overall population. 

Although the retail real estate industry is showing growth, it is not without challenges.  One of the main areas of competition is from the informal retail sector. Brazil experiences smuggled merchandise from Paraguay, with counterfeit merchandise rife in the open markets of Colombia and Mexico.  The massive disparity in wealth remains a huge problem in Latin America.  Chile enjoys the highest average annual per capita income of $20072 within the region.

Chile has the highest urban mall penetration at 22.2m² per 100 citizens, with Mexico second at 16.9m² per 100 citizens.  Colombia is at 10.8m² per 100 people, followed by Peru, Brazil and Argentina, with 9.2, 7.8 and 5.4m² respectively.
The population in Latin America is increasingly urban, as is the rest of the world.  Family sizes are declining and life expectancy is increasing.

The economies of all countries in Latin America, other than Venezuela and Argentina, are due to experience growth during this year, although economic growth will slow down over the next few years.  The employment growth rate in Latin America is still higher than the global average.  


More about shopping malls in Brazil



DAY BEFORE YESTERDAY, USA:
Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
DAY BEFORE YESTERDAY, Estonia:
The initial value of the 55,000 sq.m. complex is €85 million.
Jul 28, 2021, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Jul 28, 2021:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Jul 27, 2021, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Friend
and Follow
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us