拉丁美洲购物中心行业市场前景及投资研究报告-培训课件外文版2024.4

INDUSTRIES

&

MARKETSShoppingcentersinLatinAmericaCHAPTER

01OverviewGrossleasablearea(GLA)andnumberofshoppingcentersinLatinAmerica,Brazil,Colombia,andMexicoin2023GLA&numberofshoppingcentersinselectedLatinAmericancountriesin2023Number

ofshopping

centersGLA

ofshopping

centers

(in

million

m²)LatinAmericaBrazil233062826192062.217.516.4ColombiaMexico26.24Description:In2023,therewereatotalof2,330shoppingcentersinLatinAmerica,withagrossleasablearea(GLA)ofover62millionsquaremeters.Thatyear,Mexicoalonemadeup42percentofLatinAmerica'sshoppingmallGLA.

ReadmoreNote(s):LAC;2023Source(s):ChileanChamberofShoppingCenters;Mall&RetailGrossleasableareaofselectedshoppingmallsinLatinAmericain2024(in1,000squaremeters)LatinAmerica:grossleasableareaofselectedshoppingmallsin2024GrossLeasableArea(GLA)inthousandsquaremeters100

150

200050250300350400AlbrookMall,PanamaLesteAricanduva,Brazil380248.7JockeyPlaza,Peru173.7VivaEnvigado,ColombiaMallCostaneraCenter,ChileCentroSantaFe,MexicoCentroMayor,ColombiaUnicenter,Argentina138131.86128.3710995.169392.57RioMarShoppingFortaleza,BrazilToreoParqueCentral,Mexico5Description:In2024,AlbrookMallinPanamawasthelargestmallinLatinAmericawithaGrossLeasableArea(GLA)of380,000squaremeters.BrazilianmallLesteAricanduva,locatedinSãoPaulo,countedwiththesecond-highestGLAthatyear.

ReadmoreNote(s):NorthAmerica,CentralandSouthAmerica,LAC;2024Source(s):VarioussourcesDensityofshoppingcentersperonemillioninhabitantsinselectedLatinAmericancountriesin2022LatinAmerica:shoppingmallsdensityperonemillioninhabitants20221614.114121087.164205.14.83.12.81.7ChileMexicoColombiaUruguayPeruBrazilArgentina6Description:Asof2022,Chilehad14.1shoppingcentersperonemillioninhabitants,followedbyMexico,with7.1shoppingmalls.Meanwhile,Colombiaregistered5.1shoppingmallsperonemillionpopulation.ReadmoreNote(s):CentralandSouthAmericaSource(s):ACCEP(Peru);VarioussourcesCHAPTER

02ArgentinaNumberofshoppingmallsinArgentinainJune2023,byregionArgentina:numbershoppingmalls2023,byregionMorethan100stores12Upto100stores1412108131110866554422100CityofBuenosAiresGreaterBuenosAires*PampeanaregionNorthregionCuyoregionPatagoniaregion8Description:InJune2023,thecityofBuenosAires,thecapitalofArgentina,had16shoppingmalls,ofwhichfivehadmorethan100stores.MeanwhileinPatagonia,Argentina'ssouthernmostregion,therewerefiveshoppingmalls;onewithmorethan100stores,andfourwithupto100stores.ReadmoreNote(s):Argentina;June2023;*Comprisestheadjacent24municipalitiesintheprovinceofBuenosAires.ReadmoreSource(s):InstitutoNacionaldeEstadísticayCensos(Argentina)MonthlysalesinshoppingcentersinArgentinafromDecember2019toJune2023(inbillionArgentinepesos)Argentina:shoppingcenterrevenue2019-2023,bymonth16014012010080144.74121.17114.15114.7292.6681.8278.7376.9268.7169.9157.99

57.1155.7353.636048.746.0640.9735.0931.08

31.2234.9326.1225.5924.624025.5916.2166.7324.3315.2115.757.860.270.8520.7913.887.4715.8112.418.434.34.693.762002.849/statistics/1192135/argentina-shopping-centers-salesInJune2023,shoppingmallsalesinArgentinaamountedtoover144billionArgentinepesos,whileinJanuaryofthatyearthesalesreachedonly78billionpesos.Eachyear,thereisaspikeinsalesinDecember,likelylinkedtotheholidayshoppingseason.ReadmoreNote(s):Argentina;December2019

toJune2023;currentpricesSource(s):InstitutoNacionaldeEstadísticayCensos(Argentina)SalesinshoppingcentersinArgentinainJune2023,byproductcategory(inbillionArgentinepesos)Argentina:shoppingcenterrevenue2023,byproductcategorySalesinbillionArgentinepesos010203040506070Apparel,footwear&leathergoodsFoodcourt&snacks63.3719.25Sportwear&sportsaccessoriesElectronics&householdappliancesPerfumery&drugstoreFun&recreation17.9416.546.315.695.66Furniture,decoration&homelinenBooks&stationery1.541.04ToysOthers7.4210Description:InJune2023,theproductcategorygeneratingthehighestsalesvalueinshoppingcentersinArgentinawasapparelandfootwear,reachinganamountofover63billionArgentinepesos.Toys,ontheotherhand,generatedsalesworthroughlyonebillionpesos.FoodcourtsandothersnackoptionswerealsopopularinArgentinianshoppingmalls,basedontheirsalesvalueinJune2023.ReadmoreNote(s):Argentina;June2023Source(s):InstitutoNacionaldeEstadísticayCensos(Argentina)DistributionofsalesinshoppingcentersinArgentinainJuly2023,byproductcategoryArgentina:salesinshoppingcenters2023,byproductcategoryShareofsales15%0%5%10%20%25%30%35%40%45%Apparel&footwearFood38.3%17.1%Sportwear&sportsaccessoriesElectronics&householdappliancesFun&recreation11.7%11.4%6.2%5.4%OthersFurniture,decoration&homelinenPerfumery&drugstoresBooks&stationery4.1%3.7%1.2%1%Toys11Description:Makingupovertwo-thirdsofsales,footwearandapparelwastheleadingproductcategorysoldinshoppingcentersinArgentinainJuly2023.Meanwhile,toysonlymadeuponepercentofshoppingcentersalesinArgentinathatyear.

ReadmoreNote(s):Argentina;July2023Source(s):InstitutoNacionaldeEstadísticayCensos(Argentina)NumberofactiveandinactivestoresinshoppingmallsinArgentinainJune2023Argentina:numberofactive&inactivestoresinshoppingmalls20236,0004,8735,0004,0003,0002,0001,00001,232ActivestoresInactivestores12Description:InJune2023,therewereatotalof6,105storesinshoppingmallsinArgentina.Outofthese,over1,200storeswereinactive.Meanwhile,therewere3,805activestores.Thatsamemonth,shoppingmallsalesinArgentinaamountedtoover144billionArgentinepesos,withthemostsoldproductcategorybeingapparelandfootwear.ReadmoreNote(s):Argentina;June2023Source(s):InstitutoNacionaldeEstadísticayCensos(Argentina)Grossleasablearea(GLA)instoresinshoppingmallsinArgentinainJune2023,bycondition(in1,000squaremeters)Argentina:GLAofactive&inactivestoresinshoppingmalls20231,0009008007006005004003002001000947.22226.16ActivestoresInactivestores13Description:InJune2023,thegrossleasablearea(GLA)ofshoppingmallstoresinArgentinaamountedtoover1.1millionsquaremeters,withoverover226,000squaremetersbelongingtoinactivestores.Overall,therewereover6,000storesinArgentina'sshoppingcenters.ReadmoreNote(s):Argentina;June2023Source(s):InstitutoNacionaldeEstadísticayCensos(Argentina)CHAPTER

03BrazilKeyfiguresonshoppingcentersinBrazilin2023Brazil:keyfiguresonshoppingcenters2023MetricValue191.8628Revenue(inbillionBrazilianreals)NumberofshoppingcentersNumberofstores1158171.04Numberofemployees(inmillions)Numberofvisitorspermonth(inmillions)44315Description:In2023,therewere628shoppingcentersinBrazil,which,combined,generatedarevenueofover190billionBrazilianreals.Inthatsameyear,Brazil'ssoutheastregionconcentratedthelargestnumberofshoppingcentersinthecountry.

ReadmoreNote(s):Brazil;2023Source(s):AssociaçãoBrasileiradeShoppingCentersShoppingcenterswiththebiggestgrossleasableareainBrazilasofAugust2023(in1,000squaremeters)BiggestshoppingmallsinBrazilin2023,byGLAGLAinthousandsquaremeters100050150145200250248.7300ShoppingLesteAricanduvaShoppingInterlagos127124NovoShoppingCenterRibeirãoPretoParqueDomPedroShoppingRioMarRecife10197939290.7984.91ShoppingUniãoRioMarFortalezaIguatemiBosqueShoppingRecifeManaíraShopping16Description:AsofAugust2023,ShoppingLesteAricanduvawasthebiggestshoppingcenterinBrazil,with248,701squaremetersofgrossleasablearea(GLA).Incomparison,ShoppingInterlagos,rankingsecondonthelist,onlyhadaGLAof145thousandsquaremeters.ReadmoreNote(s):Brazil;2023Source(s):ControlXRMShoppingmallopeningsinBrazilin2023,bygrossleasablearea(in1,000squaremeters)Brazil:newshoppingmalls2023,byGLAGrossLeasableArea(GLA)inthousandsquaremeters10

15052025303510ShoppingPatteoUrupema,SãoPauloParkShoppingMogiMirim,SãoPauloRecantoShopping,DistritoFederalPontalShopping,RioGrandedoSulTerrazoShopping,Ceará12.811927.2530.5517Description:In2023,atotalof5shoppingcenterswillbeopenedinBrazil,aggregating99.6thousandsquaremetersofgrossleasablearea(GLA).TerrazoShopping,inthestateofCeará,willbethelargestone,withover30thousandsquaremetersofgrossleasablearea.ThisshoppingmallopeneddoorsinJuly,2023.ReadmoreNote(s):Brazil;2023Source(s):AssociaçãoBrasileiradeShoppingCentersNumberofshoppingcentersinBrazilin2022,byregionBrazil:numberofshoppingcenters2022,byregion3503223002502001501005010710466290SoutheastNortheastSouthCentral-WestNorth18Description:In2022,Brazil'ssoutheasternregionconcentratedthelargestnumberofshoppingcenterswithover320commercialestablishments,ashareof51percentofallshoppingcentersinBrazil.Thenortheasternandsouthernregionsfollowed,with107and104shoppingmalls,respectively.ReadmoreNote(s):Brazil;2022Source(s):AssociaçãoBrasileiradeShoppingCenters;BancodoNordesteNumberofstoreslocatedwithinshoppingmallsinBrazilfrom2012to2022Brazil:numberofstoresinshoppingcenters2012-2022140,000120,000115,817112,738110,592104,928105,592102,30099,99998,20195,242100,00080,00060,00040,00020,000086,27183,6312012201320142015201620172018201920202021202219Description:In2022,atotalof115,817storesinBrazilwerelocatedwithinshoppingmalls,overthreethousandmorethanthepreviousyear.Intermsofgeographicaldistribution,over51percentofshoppingcentersinBrazilwereconcentratedinthesoutheasternregion.ReadmoreNote(s):Brazil;2012to2022Source(s):AssociaçãoBrasileiradeShoppingCenters;BancodoNordesteGrossleasablearea(GLA)inshoppingcentersinBrazilfrom2017to2022(inmillionsquaremeters)Brazil:shoppingcenters'sellingspaceandGLA2017-20222017.51816.981716.7616.3215.58161412108642020172018201920202021202220Description:In2022,thesellingspaceandgrossleasablearea(GLA)inshoppingcentersinBrazilreached17.5millionsquaremeters,morethanthepreviousyear,whichstoodat17millionsquaremeters.Inthatsameyear,therewere628shoppingcentersthroughoutBrazilwithapproximately116thousandstores.ReadmoreNote(s):Brazil;2017to2022Source(s):AssociaçãoBrasileiradeShoppingCenters;BancodoNordesteCHAPTER

04ChileKeyfiguresonshoppingmallsinChilein2022Chile:keyfiguresonshoppingcenters2022Key

figures20224.444417757Totalsquaremeters(inmillions)NumberofstoresAnnualvisits(inmillions)Numberofshoppingmalls27822Description:In2022,therewereover270storesinChile'sshoppingmalls,coveringover4.4millionsquaremeters.Thatsameyear,thesecommercialplacesreceivedabout757millionvisits.

ReadmoreNote(s):Chile;2022Source(s):ChileanChamberofShoppingCentersConsumertrustinmallsandshoppingcentersinChilefromAugust2020toJanuary2024Chile:trustinshoppingcenters2020-202470%60%50%62%58%51%50%50%50%46%46%45%45%45%44%43%41%40%40%30%20%10%0%36%Aug2020

Sep2020Dec2020

Feb2021

Oct2021

Nov2021

Feb2022

Mar2022

Apr2022

Aug2022

Oct2022

Jan2023

Apr2023

Jun2023

Sep2023

Jan202423Description:DuringasurveycarriedoutinChileinJanuary2024,over60percentofrespondentsstatedtheytrustedmallsandshoppingcenters.Theserespondentsgavethemallsascoreoffive,six,orsevenonaone-to-sevenpointscale.

ReadmoreNote(s):Chile;January3and5,2024;702respondents;18yearsandolder;multipleanswerspermittedSource(s):CademStripcentersvacancyrateinGreaterSantiago,Chilein1sthalfand2ndhalf2022Chile:vacancyrateinstripmalls2022H12022H220227%6%5%4%3%2%1%0%5.8%5.6%Stripcenter24Description:Inthefirsthalfof2022,stripcentersvacancyrateinGreaterSantiago,Chilehit5.8percent,whileinthesecondhalfoftheyearthisvaluereached5.6percent.ReadmoreNote(s):Chile;H1toH22022Source(s):ColliersInternationalAvailablefloorareainstripcentersinGreaterSantiago,Chilein2022,bysub-region(in1,000squaremeters)Chile:availablesquaremetersinstripmalls2022,byregion9008007006005004003002001008256.582.212.361.180NortheastCenterNorthSouthSouthwest25Description:In2022,stripcentersinthenortheastpartofGreaterSantiago,Chilehadanavailablefloorareaofover6,500squaremeters.Inthatyear,GreaterSantiagohadatotalofnearly13thousandsquaremetersofusableareainstripmalls.Asofthesecondhalfof2022,thevacancyrateofstripcentersreached5.6percent.ReadmoreNote(s):Chile;2022Source(s):ColliersInternationalCHAPTER

05ColombiaNumberofshoppingcentersinColombiafrom2010to2022Colombia:numberofshoppingcenters2010-2022300261259257255247250200150100502332202082011881681601540201020112012201320142015201620172018201920202021202227Description:Colombiacountedover260shoppingcentersin2022.Since2010,thenumberofshoppingmallsintheSouthAmericancountryincreasedsteadily.ReadmoreNote(s):Colombia;2010to2022Source(s):ACEColombiaShoppingcenterswiththemosttotalsquaremetersinColombiaasof2024(in1,000squaremeters)BiggestshoppingmallsinColombiain2023,bytotalsquaremetersTotalsizeinthousandsquaremeters100

150050200250300VivaEnvigadoCentroMayorSantafé260248244240MallplazaNQSMayorcaMegaPlazaParqueLaColinaPlazacentral219209.91208.56203SantafédeMedellínMultiplaza182180TitanPlaza162ElEdénVivaBarranquilla15128Description:In2024,VivaEnvigadoisthebiggestshoppingcenterinColombia,withatotalsizeof260thousandsquaremeters.CentroMayorrankssecondonthelist,withatotalcountof248thousandsquaremeters.However,CentroMayorhasalargergrossleasableareathanVivaEnvigado.ReadmoreNote(s):Colombia;2023Source(s):ElRincónColombianoLeadingshoppingcentersinColombiain2022,byrevenue(inmillionColombianpesos)Colombia:revenueofmainshoppingcenters202260,00048,81550,00040,00030,00020,00010,000039,69337,33928,524UnicentroBogotáSantaféPlazadelasAméricasCentroMayor29Description:In2022,theleadingshoppingmallbyrevenueinColombiawasUnicentroinBogotá,withasalesrevenueofover48.8billionColombianpesos.Santaféshoppingcenterfollowed,withasalesvalueof39.7billionpesos.Inthatsameyear,theaveragegrossleasablearea(GLA)ofshoppingcentersinColombiaaccountedforalmost6.5millionsquaremeters.ReadmoreNote(s):Colombia;2022Source(s):Mall&Retail;SemanaNumberofstoresinshoppingcentersinColombiain2022,byshoppingcentersizeColombia:storesinshoppingcenters2022,byshoppingcentersize18,00016,98116,00014,00012,00010,0008,0006,0004,0002,000014,04312,357Small(GLA5,000-19,999m2)Medium(GLA20,000-39,999m2)Big(GLA>40,000m2)30Description:In2022,therewere43,381storesinshoppingcentersinColombia,outofwhich16,981wereinsmallshoppingcenters,whichhaveagrossleasableareabetween5,000and19,999squaremeters.Inthatsameyear,mediumshoppingmallshad12,357stores.ReadmoreNote(s):Colombia;2022Source(s):ACEColombiaNumberofvisitsregisteredbyleadingshoppingcentersinBogota,Colombiain2022(inmillionvisits)Colombia:mostvisitedshoppingmallsinBogota2022,byannualvisits4542.540353025201510536.728.380PlazaImperialTitánPlazaPlazadelasAméricas31Description:In2022,PlazaImperialwastheshoppingmallwiththelargestnumberoffoottrafficinColombia'scapital,Bogotá,registeringatotalof42.5millionvisits.TitánPlazaregisteredthesecondhighestnumberofvisitsthatyear.ReadmoreNote(s):2022Source(s):Mall&Retail;PortafolioGrossleasablearea(GLA)ofshoppingcentersinColombiafrom2010to2022(inmillionsquaremeters)Colombia:shoppingcentersGLA2010-20227656.466.376.276.195.935.535.224.784.614.373.95432103.733.56201020112012201320142015201620172018201920202021202232Description:In2022,thegrossleasablearea(GLA)ofshoppingcentersinColombiareachedover6.4millionsquaremeters.Since2010,thegrossleasableareaofshoppingmallsinthecountryhasregisteredanupwardtrend.

ReadmoreNote(s):Colombia;2010to2022Source(s):ACEColombiaCHAPTER

06MexicoShoppingcenterswiththebiggestgrossleasableareainMexicoCityasofMarch2023(in1,000squaremeters)BiggestshoppingmallsinMexicoCityin2023,byGLAGLAinthousandsquaremeters40

6002080100120140CentroComercialSantaFeMitikah128.37105ParqueLasAntenasParqueVíaVallejoParqueDelta108.8383.3970.8368.3268.05ParqueTezontlePatioSantaFe51.3GaleríasPerisur34Description:Asof2023,CentroComercialSantaFewasMexicoCity'sbiggestshoppingmallintermsofgrossleasablearea,withaGLAof128thousandsquaremeters.Thatyear,Mitikah,ashoppingcenterthatopenedinlate2022,countedaGLAof105thousandsquaremeters.However,itissaidtoreachover300,000m²uponfinishingconstruction.ReadmoreNote(s):Mexico;2023Source(s):ElCEOTotalinventoryofshoppingcenterrealestateinMexicoin2022,bymarket(inmillionsquaremeters)InventoryofshoppingcenterrealestateMexico2022,bycityInventoryinmillionsquaremeters012345678MexicoCityMetropolitanArea7.22MonterreyGuadalajaraPuebla2.061.470.890.820.690.61QuerétaroTijuanaCancún0.550.550.54LeónTolucaMérida35Description:ThemetropolitanareaofMexicoCityhadthewascitywiththemostshoppingcenterrealestateinthefourthquarterof2022.ThetotalshoppingcenterfloorareainMexicoCityamountedto7.22millionsquaremeter.Inthesameperiod,Merida-thecitywiththeleastshoppingcenterrealestate-hadthehighestoccupancyrate.ReadmoreNote(s):Mexico;Q42022Source(s):NewmarkOccupancyrateofshoppingcenterrealestateinMexicoin2022,bymarketShoppingcenterrealestateoccupancyrateinMexico2022,bycity100%89%89%88%90%80%70%60%50%40%30%20%10%0%82%82%78%77%73%72%11%MéridaQuerétaroTijuanaMexicoCityMetropolitanAreaGuadalajaraMonterreyPueblaLeónTolucaCancún36Description:MeridawascitywiththehighestoccupancyrateforshoppingcentersinMexicointhefourthquarterof2022.About88percentofshoppingcenterfloorareawasoccupiedinthatquarter.Inthemarketwiththemostinventory,MexicoCity,thissharewas82percent.ReadmoreNote(s):Mexico;Q42022Source(s):NewmarkMonthlyrentalratepersquaremeterofshoppingcenterrealestateinMexicoin2022,bymarketandpropertytype(inMexicanpesos)RentalrateofshoppingcenterrealestateMexico2022,bymarketandpropertytypeCommunity

centerNeighborhood

centerRegional

mall605Super

regional

mallAverage475MexicoCityMetropolitanArea440430300360330345365320355335405350280290300350340255180340820370165Toluca655440León395405Tijuana350405GuadalajaraMonterreyCancúnPuebla700355360505765375555375735365490345Mérida380335Querétaro62563531537Description:SuperregionalmallsinMexicoCityhadthehighestrentalrateinMexicointhefourthquarterof2022.Asquaremeterinasuperregionalmallcostonaverage820Mexicanpesosinthatquarter,345Mexicanpesoshigherthantheaverageforthearea.InMonterrey,regionalmallsweretheretailrealestatetypewhererentingretailspacewasmostexpensive.ReadmoreNote(s):Mexico;Q42022;figuresareestimatesSource(s):Newmark;estimatesDistributionofretailrealestateinMexicoCityMetropolitanAreain2022,bypropertytypeShareofretailrealestateMexicoCity2022,bypropertytype40%36%35%30%25%22%19%20%15%10%5%10%9%5%1%0%CommunitycenterRegionalmallPowercenterFashionmallMixeduseLifestylecenterOutlet38Description:AboutonethirdoftheretailrealestateinthemetropolitanareaofMexicoCitywascommunitycentersin2022.Regionalmallswerethesecondmostpopulartypeofretailproperty,whichalsofetchedthehighestrents.ReadmoreNote(s):Mexico;Q42022Source(s):CBREGroupOutletsownedorpartlyownedbySimonPropertyGroupinMexicoin2023,bygrossleasablearea(in1,000squarefeet)Mexico:outletsownedbySimonPropertyGroup2023,byGLA35030025020015010050333274.80PuntaNortePremiumOutlets,MexicoCityPremiumOutletsQuerétaro,Querétaro39Description:In2023,SimonPropertyGroupownedorpartlyownedtwopremiumoutletsinMexico,ofwhichPuntaNorteinMexicoCityhadthelargestgrossleasablearea(GLA).SimonPropertyGroupisanAmericancommercialrealestatecompanythatoperatesseveralshoppingcentersandpremiumoutletsintheUnitedStatesandCanada.ReadmoreNote(s):Mexico;

2023Source(s):SimonPropertyGroupCHAPTER

07PeruNumberofshoppingmallsinPerufrom2015to2023Peru:numberofshoppingmalls2015-20231008887879080706050403020100858482797772201520162017201820192020202120222023*41Description:In2023,itwasestimatedthattherewouldbe88shoppingcentersinPeru,whichwasanincreaseofthreecentersfromthepreviousyear.Between2015and2021,15newcommercialcenterswerebuiltinthisSouthAmericancountry.

ReadmoreNote(s):Peru;2015to2023;*ForecastNumberspriorto2018havebeentakenfromapreviouspublication.ReadmoreSource(s):ACCEP(Peru)NumberofstoresinshoppingmallsinPerufrom2015to2023Peru:numberofstoresinshoppingmalls2015-202310,0009,2069,0008,0007,0006,0005,0004,0003,0002,0001,00008,4618,5048,2328,0498,0568,0427,6337,049201520162017201820192020202120222023*42/statistics/875760/number-of-stores-shopping-malls-peruIn2023,itwasestimatedthattherewouldbeapproximately9.2thousandstoresinshoppingcentersinPeru,whilein2016thecountstoodatnearly8.05thousandshops.By2023,itwasestimatedthattherewouldbe88shoppingmallsinthecountry.ReadmoreNote(s):Peru;2015to2023;*ForecastNumberspriorto2018havebeentakenfrompreviouspublications.ReadmoreSource(s):ACCEP(Peru)AveragenumberofvisitorspermonthtoshoppingmallsinPerufrom2018to2023(inmillionpeople)Peru:averagemonthlyvisitornumberstoshoppingmalls2018-202380697060504030201006461605040322017201820192020202120222023*43Description:TheaveragenumberofmonthlyvisitorstoshoppingmallsinPeruwasestimatedtoreach60millionin2023,roughly10millionmorepeoplethanthepreviousyear.

ReadmoreNote(s):Peru;2018to2023;*Forecast.ReadmoreSource(s):ACCEP(Peru)GrosssalesinshoppingmallsinPerufrom2015to2023(inbillionPeruviansoles)Peru:shoppingcentersales2015-202340353036.0233.0329.2128.6727.4125.6523.8925201510522.8820.720201520162017201820192020202120222023*44Description:In2022,shoppingcentersgenerated33.0billionPeruviansolesinsales,upfrom28.7billionrecordedayearearlier.For2023,shoppingmallsalesinPeruwereestimatedtoreach36.0billionsoles.

ReadmoreNote(s):Peru;2015to2023;IncludesValueAddedTax;*Forecast

Figureshavebeenrounded.Numberspriorto2018havebeentakenfrompreviouspublications.

ReadmoreSource(s):ACCEP(Peru)AnnualgrowthrateforsalesofshoppingcentersinPerufrom2015to2023Peru:salesgrowthofshoppingmalls2015-202350%40%30%38.4%20%15.2%9.5%9.1%7.3%7.1%10%0%6.6%4.4%-10%-20%-30%-40%-29.1%202020152016201720182019202120222023*45Description:In20