HQ: Rio de Janeiro, Brazil
Year of Investment: 2016
Aliansce Sonae is a leading publicly-held Brazilian shopping center owner-operator representative of the first public-to-public merger within the Brazilian real estate sector. A well-established portfolio of apx. 1.197 mm sqm of total GLA, the Company has 40 regional malls with more than 7,000 stores across Brazil. In contrast to a lagging retail market in the US, the mall sector continues to flourish in Brazil, stabilized by consumer demands of the dominant middle class and convenient, city-centric locations.