Chile is the fifth country with the most shopping centers in Latin America
CANCUN - Chile is in fifth place in Latin America where there are more shopping centers, according to a study published by Forbes. Of the total of 1,800 shopping centers that exist in the entire region, 79 are in our country. The list is led by Mexico with 584. This figure was revealed in the Convention of the International Council of Shopping Centers (ICSC) RECon Latin America 2015, by the real estate MAC Arquitectos. During the presentation, Cristina Vigoya, director of Marca Táctica and Juan Ignacio Rodríguez, director of planning, explained that the growing middle class, GDP per capita level and Foreign Direct Investment (FDI) are the main qualities that developers evaluate to install new centers. In the same exhibition, they projected that by 2025, Chile would reach 90 shopping centers, being surpassed by Peru, which currently has 71 stores, with 320. As for the number of square meters of profitable space, Chile ranked second in the list, behind Mexico (16.2 million m2). Countries with more shopping centers The report analyzed six countries in the region: Argentina, Brazil, Chile, Colombia, Mexico and Peru. 76% of the inhabitants of Latin America are concentrated in these economies, with a total population of 461 million people, of whom 84% live in urban areas. At the end of 2014, the six countries developed 1,555 shopping centers as a whole, equivalent to more than 41 million square meters, which represents 87% of the total supply in the region.
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