Falabella stock: Mallplaza to buy eight Colombian malls

Published on 11/10/2026 at 01:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grupo Falabella reported second-quarter revenue of $3,781 million, up 10% year over year. Mallplaza agreed to acquire eight Colombian shopping centers.

Falabella advances regional expansion

Grupo Falabella's second-quarter growth was supported by retail, banking, digital commerce and shopping centers.
Mallplaza's Colombian acquisition adds to Falabella's broader expansion strategy in the Andean region.

Falabella, CLP3880F1085, Illustration mit AI erstellt.

Grupo Falabella reported second-quarter consolidated revenue of $3,781 million on November 7, 2026, an increase of 10% from the same period a year earlier. The figures were reported by El Fondo.

Growth broadens across divisions

EBITDA rose 7% to $549 million, with an EBITDA margin of 14.5%. Banco Falabella revenue increased 26%, while the shopping-center business gained 9% and the three retail businesses grew 8%.

Digital activity remained a key contributor. Group digital gross merchandise volume increased 19%, supported by a 34% rise in seller sales. Falabella Retail revenue grew 10%, including a 21% increase online and 3% growth in physical stores.

Mallplaza targets Colombian assets

Mallplaza agreed to acquire eight Gran Plaza shopping centers in Colombia for $376 million. The real-estate unit also lifted EBITDA 10% and recorded more than 95 million visits, according to El Fondo.

The transaction adds to Falabella's regional expansion agenda across retail, financial services and commercial real estate. The company serves customers across seven countries through its retail banners and the Ikea franchise, while its businesses also include Banco Falabella and Mallplaza.

Falabella's business profile

Grupo Falabella operates retail, home-improvement, supermarket, banking and shopping-center businesses across Latin America. Its main markets include Chile, Peru, Colombia and other countries in the region. The group combines physical stores, digital commerce, consumer finance and commercial real estate, giving it a broader regional platform than a single-format retailer.