Find in the news:
BY COUNTRY

Sonae Sierra: recession is over in Portugal



The executive president of Sonae Sierra, the mall design, construction and management company, has stated that the recession is not only over, but "more positive times" look promising.
Guedes de Oliveira said that they believe the recession has already passed and are looking forward to more positive times ahead.  It is the company’s strategy to grow internationally and they expect to commence new projects in Brazil, Italy and Germany.  By the close of this year, they hope to announce their entry into Colombia.

The company has shown a €47.8m profit for the first half of 2014, compared to a loss of €4.6m during the same period last year.  The financial director of the group, Edmundo Figueiredo points to the sales recovery which has increased by 4.1% year-on-year across the company’s portfolio.
According to Figueiredo, the group has seen a 6.6% growth within Portugal, with malls based in Italy increasing sales by 4.9%, and in Brazil, by 7.3%.

Its portfolio occupation rate has increased by 1.1% to reach 94.7%.  The group has not only had the opportunity to reverse their policy of discounted rents for retailers in trouble, but it has been able to increase rents by 2.5% in Portugal because of the positive turnaround in sales.

More about shopping malls in Portugal



TODAY:
McDonald's Japan has been raising prices on about 60% of its products since September 30.
Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Sep 19, 2022, Sweden:
The official opening of the flagship store at Drottninggatan 53 is scheduled for September 30, 2022.
Sep 16, 2022, South Korea:
The store will be located at Lotte World Mall in Seoul's Jamsil district.
Sep 15, 2022, USA:
Pontegadea is negotiating the purchase of distribution centers in Wisconsin and Pennsylvania.
Friend
and Follow
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets


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