Aliansce Shopping Centers
Brazilian company
From Wikipedia, the free encyclopedia
Aliansce Sonae was the second-largest shopping mall developer and management group in Brazil.[1] It was founded in 2004 through a joint venture between the Brazilian company Nacional Iguatemi and American real estate group GGP.[2] In August 2019, it merged with the manager Sonae Sierra Brasil, forming Alliances Sonae and becoming the largest manager of shopping centers in the country.[3]
| Type | Sociedade Anônima |
|---|---|
| B3: ALSC3 | |
| Industry | Shopping malls |
| Founded | 2004 |
| Defunct | 2019 |
| Successor | Alliances Sonae |
| Headquarters | Rio de Janeiro, Brazil |
| Key people | Renato Rique (Chairman and CEO) |
| Revenue |  US$ 227.0 million (2018) |
| US$ 30.7 million (2018) | |
| Website | www.aliansce.com.br |
While in operation, the company was listed on B3 and had 40 shopping malls with approximately 1.4 million meters of gross leasable area (GLA).[4][5]
History
Aliansce was founded in 2004 through a joint venture between Nacional Iguatemi and GGP.[2] GGP sold its interests in 2016.[6]
In August 2019, it merged with Sonae Sierra Brasil to form Alliances Sonae, becoming the largest manager of shopping centers in the country.[3]
Aliansce's portfolio included shopping centers located in all five Brazilian regions.[7] Aliansce was also responsible for planning the Boulevard Shopping Campos.[8]
After its merger to become Aliansce Sonae, it managed 12 third-party malls.[7]