September 26, 2023


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Parque Arauco’s Update About Opening Standing of Its Buying Malls

SANTIAGO, Chile–(Company WIRE)–At Parque Arauco we are carefully monitoring the situations and influence of the worldwide outbreak of Covid-19 (coronavirus) on our company, prioritizing the well being, basic safety and stability of our customers, consumers and staff members all through this time. We would like to choose this possibility to deliver an update on the status of the openings in our purchasing malls.

On common, through the month of July and working with the complete Gross Leasable Area (GLA) that we have accessible to lease, our belongings in Chile experienced close to 74% of its GLA open to the community. The identical figures for Peru and Colombia had been 71% and 86%, respectively. On a consolidated foundation, Parque Arauco experienced approximately 75% of its GLA open up to the community on average throughout July 2021.

Down below is a table with a consolidated perspective of these figures:

July Typical





GLA open (m2, hundreds)





Full GLA (m2, thousands)





% Open/Overall





In the starting of the pandemic, we created an action approach with three pillars: treatment for men and women, operational continuity, and monetary strength. We continue to manage our aim on complying with sanitary restrictions, in order to get treatment of our customers, tenants, suppliers and collaborators, reinforcing our target on opening our destinations as soon as achievable.

This information and facts will be posted on our web page underneath the News area.

At this time, Parque Arauco has 1,068,500 m2 of overall GLA in Chile, Peru, and Colombia. The business inaugurated its 1st buying centre in Chile in 1982, entered Peru in 2006 and Colombia in 2010. The company’s belongings involve 8 regional procuring centers, 1 community shopping heart, 4 high quality outlet malls and 18 strip facilities in Chile 6 regional shopping centers, 9 community centers, 2 premium outlet malls and 3 strip centers in Peru 3 regional buying facilities and 1 top quality outlet mall in Colombia, as effectively as a landbank to add to the company’s long term advancement ideas. For extra details, stop by the company’s internet site: