2016, the year of the boom of shopping centers in Latin America


The shopping center boom is still unstoppable in Latin America. This business that began to take shape in the eighties, consolidates year after year in all the countries of the region. From Mexico to Argentina, through Panama and Bolivia, Latin America is one of the territories with the largest number of shopping centers in the world.
The shopping center business was born in the 1960s in Brazil with the first mall in the region and incorporated Bolivia in 2013. Latin America now has more than 1,800 complexes and the number seems to be increasing.here is Commercial Shops for Sale in gulberg Lahore. Operators like Gicsa , Parque Arauco and Cencosud plan to open new shopping centers in the region for the next few years.
As reported by retail specialist Jorge Lizan in an exclusive interview with Modaes , "in Latin America there is no market saturation, but great growth opportunities, although there are no levels of investment in the Middle East, for example." The director and founder of the real estate services consultancy Lizan Retail Advisors maintained that "Latin America has 17 square meters of shopping center per 10,000 inhabitants, while in the United States the figure is 220 square meters. To compete, Latin America should be in the 32 meters. "

Commercial Shops for Sale in gulberg Lahore





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