Mallplaza opens Peru outlet: what it means for Mallplaza stock

Published on 10/16/2026 at 05:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mallplaza invested USD 6.10 million in Peru on October 14, 2026. Its new outlet adds 37,500 square meters and 30 brands to Mallplaza stock.

Expansion milestones and value

Mallplaza opened its first Premium Outlet in Peru on October 14, 2026, after a USD 6.10 million investment.
The October 1, 2026 Colombian acquisition added eight malls and was valued at USD 353.00 million.
Mallplaza's market capitalization stood at CLP 7.8 trillion as of October 15, 2026.

Mallplaza, CL0002360569, Illustration mit AI erstellt.

Mallplaza (ISIN CL0002360569) invested USD 6.10 million in its first Premium Outlet in Peru, opened in Lima on October 14, 2026. The new format gives Mallplaza stock a fresh expansion angle as the company adds a 37,500-square-meter retail asset with more than 30 brands, according to MEDIABANCO.

Expansion now spans three markets

Mallplaza's latest opening converts the former Open Plaza Atocongo site in Lima into a discount-led format. The company said the concept is designed to attract new consumer segments, increase traffic and improve the productivity of existing assets, while a further conversion is planned for Open Plaza La Marina.

Three milestones reshape the portfolio

On September 30, 2026, Mallplaza and Grupo Falabella signed two non-binding memoranda covering assets valued at approximately USD 200 million and about 140,000 square meters of gross leasable area, according to Grupo Falabella.

On October 1, 2026, the company completed its purchase of eight Gran Plaza malls in Colombia for USD 353.00 million. The deal added approximately 180,000 square meters, lifted the Colombian portfolio to 13 malls and brought the country's share of Mallplaza's regional leasable area to 18.40 percent, according to Diario Financiero.

What does the Peru format mean?

The Atocongo project is smaller than the Colombian purchase but more targeted operationally. Its 37,500 square meters, more than 30 brands and discounts of up to 60 percent give Mallplaza a test case for converting existing properties into formats aimed at different spending patterns.

The sequence matters for investors because the company is combining acquisitions, internal redevelopment and new formats. The September agreements assign Mallplaza at least 51 percent of the planned Chilean joint venture and the Peruvian project, while the October outlet extends that operating model into a new consumer format.

Portfolio scale remains the key measure

Mallplaza's market capitalization stood at CLP 7.8 trillion as of October 15, 2026, while its finance profile lists 753 full-time employees and the Real Estate Services industry. The expansion story therefore rests on turning additional leasable space into traffic and operating income across Chile, Peru and Colombia.