Albrook Mall Expansion Worth $25 Million

The Realtor Albrook is to invest in the fifth stage of its Albrook Mall development in the Panamanian capital.

Monday, August 23, 2010

The work is expected to take one year and includes 110 new commercial premises in a 5,000 square meter site.

"Mayor Alfredo Alemán, Albrook president, commented that in total the mall expansion has cost $325 million. It is located near one of the Panama City's busiest transport terminals where more than 100,000 people pass through every day," reports Prensa.com.

More on this topic

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.

$4 million invested in Guatemalan Commercial Center

December 2008

Work on the expansion of the Miraflores Commercial Center will be completed by the end of 2009, and will provide 6 thousand square meters in commercial space.

Currently, there are 240 stores and there will be 25 more with this expansion.

During the construction of the works, it is estimated that it will generate 300 or 400 jobs, both directly and indirectly, and once completed there will be 250 permanent jobs.

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Grupo AR Inversiones S.A.

The company develops small comercial projects in the capital city of Guatemala. 15,000-25000 square meters of construction area.
Operates in Guatemala
Phone: (502) 2367 5114 - (502) 2367 5113

Company Profile

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