Join our mailing list for Real Estate News, Events, Insights & Resources.
Iguatemi 365 will start delivering to small cities across the country
- As of April, the company will start delivering to the entire country from its online marketplace, a virtual shopping centre, Iguatemi 365.
03/09/2021
High-income residents spread across small cities in Brazil will no longer need to travel to Faria Lima or JK, in São Paulo’s capital, to buy designer brands in the Iguatemi chain’s malls. As of April, the company will start delivering to the entire country from its online marketplace, a virtual shopping center, Iguatemi 365.
Familiar to traditional retailers, e-commerce is rarely present in the luxury sector, where goods in transit cost a small fortune. Increasing capillarity is a delicate but strategic step in expanding the business, which has a few competitors in Brazil.
"We don't have a segmented platform with nationwide coverage in Brazil. We are very excited. We will constantly expand this operation, which will be a strength of Iguatemi," said Carlos Jereissati Filho, the group's president.
The excitement is not just from the owner's perspective. Analysts from Credit Suisse suggest that investors may not have properly noticed the business and estimate that Iguatemi 365 could be worth around R$500 million – approximately 10% of the market value of Brazil's most famous shopping mall network.
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
Kinea and Brookfield structure joint fund for Brazil’s multifamily market
05/27/2026What Would Brazil’s Industrial Properties Market Look Like Without Mercado Livre, Amazon and Shopee?
05/26/2026LOG enters financial market with new platform for fund management and logistics investments
05/25/2026AWS on JK and Amazon on Rebouças: the American giant’s move reflects a broader market trend
05/21/2026Investments
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target
Market Trends
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why
Trusted by Leading Publications
EXCLUSIVE CONTENT
