Guatemala: Investment in Mall Expansion

The real state division of Coban Group's announced the expansion of Mall Magdalena in Alta Verapaz.

Friday, October 1, 2010

The new phase was inaugurated on December 4 and will add parking area for 180 vehicles, more square meters of dining area and 1,700 square meters of retail space.

Prensalibre.com reports "Construction and operation will generate over 175 new direct jobs. Presently, the mall has an average weekday visit of eight thousand 500 people and 13 thousand during the weekend."

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Guatemala: $13 million Investment in shopping center

April 2012

Trinity Real Estate Corporation has invested $13 million in a new shopping center at a point of convergence for producers in southern Mexico and western Guatemala.

Coatepeque, with 125 thousand inhabitants, is now a major shopping destination, in which producers converge in southern Mexico and western Guatemala. Therefore, Trinity Real Estate Corporation has invested $13 million (Q100 million) in a new mall.

New Mall Opens in Guatemala

November 2011

With an investment of 3 million, Calidad Inmobiliaria will open the Paseo Carnival Mall .

Located at kilometer 162 of the CA-2, the mall in its first phase is more than 8 thousand square meters large.

"The complex has anchor stores such as the supermarket La Barata, the Megapaca and the appliance store El Gallo más Gallo, as well as 70 shops, a financial center with 4 banks and 20 kiosks", noted an article on Cnn.com.gt

$30 million for commercial center in Guatemala

January 2009

Inmobiliaria Spectrum, project developer, based in zone 17 in Guatemala Capital, plans to begin construction in November 2009.

Sigloxxi.com reports: "The opening is scheduled to coincide with the 2010 Christmas season, and will provide direct and indirect jobs to some 1,200 or 1,400 persons.

Grupo Eskala invests $35 million in Guatemala

July 2008

Grupo Eskala has announced that it will build a new busincess center in the Mixco Zone in Guatemala.

The 35 million dollar facility, Eskala Roosevelt, will have 82,000 square meters with a double basement for parking and capacity for 1,500 vehicles, with three floors for local businesses to locate, and a Hiper Paíz supermarket.

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