Multiplan Malls sell US$ 4.3 billion
DCI
Last year the sales in the 13 shopping malls of Multiplan, rival of BR Malls, amounted to R$ 7.5 billion (US$ 4.3 billion). That value represents an increase of 22.4% compared to 2009. Considering only the fourth quarter of 2010, the sales amounted to R$ 2.4 billion (US$ 1.4 billion), making an increase of 20.1% compared to the same period in 2009.
Without including the areas added to portfolio in the past 12 months, the sales in the same area grew 14.6% in 2010 compared to 2009. In the fourth quarter of 2010 the growth was 13.8%. The sales in comparable stores (in operation for more than one year) increased 12.4% in the year and 12.6% in Q4.
According to the company, all malls featured two-digit growth in the sales in 2010. In the past ten years, the malls of the chain had annual sales growth of 17.6%. The company highlighted the Shopping Vila Olímpia mall (São Paulo), inaugurated in November 2009, which had sales growth of 34.5% in December 2010, in the comparison. The BarraShoppingSul mall (Porto Alegre), open to the public in November 2008, registered annual sales 19.9% greater in its second year of operation.