In 2023, several were inaugurated mallsone of those that caused the most expectation was the Mall Aventura San Juan de Lurigancho. However, the scenario for the following years is not the same, since the Peruvian economy faces changes in the retail sector. This is made visible in a report from the Institute of Economics and Business Development (IEDEP) of the Lima Chamber of Commerce (CCL), which reveals perspectives on the opening of shopping centers.
Until 2025, only seven shopping centers will open in Peru. Some will be located in the center of Lima, La Molina, Ate Vitarte and Puente Piedra, while others will be postponed. In addition, the remodeling and expansion of other malls will also be prioritized.
What are the 7 shopping centers that will open until 2025?
According to the study, until 2025, Peru will see the opening of seven new shopping centers, despite adverse economic conditions. We show you a list of which ones they are and the investment that has been made in each one.
- Plaza de los Reyes Gastronomic Shopping Center in the Center of Lima (US$15 million).
- Eco Plaza Ate (US$22 million).
- Eco Plaza Wilson (US$30 million).
- La Molina Park (US$60 million).
- Las Vegas Plaza Puente Piedra (US$40 million).
- San Juan de Lurigancho Shopping Center of the Cencosud group (investment to be defined).
Which malls have postponed their opening?
On the other hand, the report reveals that the opening of several shopping center projects has been postponed due to low growth in private consumption. Óscar Chávez, the head of the CCL’s IEDEP, told Perú Retail that Six projects involving an investment of around US$540 million have been postponed. The following malls could not be inaugurated until 2026:
- Central Plaza Los Olivos (US$50 million).
- Nicolini Square (US$70 million).
- Mall Plaza Cusco (US$70 million).
- Real Plaza de San Juan de Lurigancho (US$110 million).
- Real Plaza Milenia in San Isidro (US$120 million).
- Real Plaza Higuereta (US$120 million).
Which shopping centers will be remodeled and expanded?
Instead of new construction, the trend in the sector is toward renovations and expansions to improve the consumer experience and reduce operating costs. Companies such as Grupo Intercorp and Parque Arauco plan to remodel several of their shopping centers in the coming years, prioritizing the optimization of services and recreational areas to attract a greater number of visitors.
Real Plaza, for example, plans to incorporate chargers for electric vehicles and new gastronomic alternatives at the Real Plaza Salaverry headquarters (San Isidro).
Currently, Asia Boulevard is being remodeled. The changes contemplate three stages that began at the end of September 2022. This year it is planned to transform the Boulevard into the hub of commerce, services, entertainment and gastronomy in the south of Lima.
What are the strategies of companies in the current economic context?
Faced with the challenging economic outlook, companies in the retail sector are implementing various strategies to adapt and maintain their competitiveness. From cost optimization to service diversification, these measures seek to ensure sustainability in a changing environment.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
