Plaza S.A. (Mallplaza) Overview
Pro stress-test →Plaza S.A. develops, builds, administers, manages, exploits, leases, and subleases premises and spaces in shopping centers in Latin America. The company consolidated itself as the largest shopping center operator in South America, with a diversified operation in Chile, Peru and Colombia.
Strategic Profile
Pro stress-test →The company operates over 2,316 thousand m2 of gross leasable area across its diversified regional operation in Chile, Peru and Colombia. Mallplaza completed the acquisition of Falabella Perú S.A.A. in 2024, incorporating 619,000 m2 and reaching 2.3 million m2 of GLA in the Andean region.
Competitive Landscape
Pro stress-test →Mallplaza is positioned as the second-largest shopping center operator in Peru following its acquisition. The company competes in regional shopping center markets against both local operators and international mall operators. Its scale and diversified geographic footprint across three Andean countries provide competitive advantages in securing major brand tenants and achieving operational efficiencies.
Industry Context
Plaza S.A. (Mallplaza) operates in Real Estate - Shopping Centers and Retail Properties.
Key facts
Founded: 1990s · Headquarters: Santiago, Chile