ARGO and REPLAN Merger Gives Rise to Argoplan, Launching with a Strong Portfolio and Ambitious Growth Plans

Argoplan officially began operations on July 1, born from the merger of ARGO and REPLAN. The new management company enters the market as one of Brazil’s largest in the shopping mall sector, with a portfolio of 30 properties spread across 22 cities in nine states.

Headquartered in Rio de Janeiro and with plans to open a São Paulo branch later in 2025, Argoplan manages over 850,000 square meters of gross leasable area (GLA) and serves more than 5,000 tenants. The portfolio includes 13 owned assets — such as Américas Shopping (RJ), Campinas Shopping (SP), PrudenShopping (SP), and Shopping Montes Claros (MG) — generating more than R$10 billion in annual sales.

The merger, which brought together two companies with solid track records in Brazil’s shopping mall industry, was driven by shared values and a common management philosophy, according to Leandro Lopes, Managing Partner at Argoplan, in an exclusive interview with REsource.

“It’s a merger of equals, with 50/50 ownership. Of the 30 assets, 13 are owned by the partners”, says Lopes. Felipe Andrade, former Commercial Director at ALLOS, Aliansce Sonae, and BRMalls, who co-founded Replan alongside Leandro Lopes. Hugo Matheison is the founder of Argo. Together, the three executives bring over three decades of experience and were actively involved in the consolidation of the industry.