Parque Arauco acquires 51% stake in Titán Plaza Shopping Center for $34m

Parque Arauco acquires 51% stake in Titán Plaza Shopping Center for $34m

Chilean retail giant Parque Arauco S.A. (PARAUCO.SN) has revealed its new growth strategy involving the acquisition of a 51% stake in the fiduciary rights of an investment vehicle owning roughly 19,000 m2 of Gross Leasable Area (GLA) in Titán Plaza Shopping and Business Center, located in Bogotá, Colombia. This strategic move was executed through its […]