MallPlaza, leader in the Andean region
Our history began 35 years ago with the ambition of developing meeting places for people by integrating the best commercial and entertainment proposition available. Today, the successful execution of this vision has positioned us as the biggest shopping center operator in the Andean Region, with a presence in 23 cities in Chile, Peru and Colombia.
We have over 2.3 million m2 of GLA distributed across a portfolio of 37 diversified assets that are well positioned in their respective markets, with over 5,300 stores and more than 385 million visits in 2025.
A leading portfolio in Chile, Peru and Colombia
In 2025 we consolidated ourselves as the largest urban center operator in the Andean Region, with a leading and high productivity portfolio in Chile, Peru and Colombia. We have assets whose sales exceed USD 200 million, installing a standard of scale and productivity that makes us stand out in the industry. With strategic locations and diversified value propositions, our urban centers are relevant in their respective markets and attractive to visitors and brands, which translates into increased flows, sales and sustained revenues.
This leading portfolio attracts both tenants who already know us and new brands with operations in developed markets that seek to enter the Andean Region, a market of over 100 million inhabitants with great potential and opportunities for international investors who want to diversify into destinations with good prospects.
Tier A
Of our 37 urban centers, 10 are Tier A, meaning that they generate a greater return on investment and are in a strong competitive position, with high visitor flows, growth potential and a highly productive leasable area. These 10 urban centers represent over 47% of Mallplaza’s total GLA.
Mallplaza’s leadership is based on a diversified portfolio of highly productive and operationally efficient assets, in addition to a solid presence in the main cities of the countries where we operate.
Value Proposition
Mallplaza has a diversified value proposition, with urban centers that offer multiple and varied reasons for visiting. It allocates 32.5% of its GLA to essential commerce and public and private services that generate daily traffic, 21.1% to specialty retail, 19.4% to department stores, 14.3% to food and beverages and entertainment businesses, 8.4% to mixed use and 4.3% to automotive and others, all this in a space designed to promote people’s socialization and enjoyment.
Our goal is to always be transforming this value proposition through constant renewal, understanding consumption trends and daring to bring in different consumption alternatives and occasions, all with the purpose of better adapting to what people are looking for. This connection with people translates into solid results in terms of flow, sales and revenues.
But our track record has also consolidated us as a relevant platform for our tenants and a strategic ally for brands and investors seeking to grow in dynamic and diverse markets. Through innovation, sustainability and closeness, we make our urban centers spaces that drive economic activity, promote new experiences and contribute to the well-being of millions of people who visit us every day.
Growth is part of our DNA
We currently have 37 urban centers in 23 cities in Chile, Peru and Colombia. Propositions that are constantly being renewed and updated so they can achieve their full potential.
