Join our mailing list for Real Estate News, Events, Insights & Resources.

After more than four decades in operation, MorumbiShopping — one of São Paulo’s best-known retail destinations — is preparing for its sixth expansion. The $45 million (R$ 233 million) project will add 13,141 m², featuring 40 new stores and a rooftop with eight restaurants.
According to the mall’s administration, 90% of the new space has already been leased ahead of the scheduled Q1 2026 opening.
In an interview with SiiLA REsource editorial team, MorumbiShopping superintendent Lívia Franciss outlined the vision behind the expansion:
“Our goal is to expand, update, and diversify the mall’s offering — following consumer trends and creating new experiences in fashion, services, and gastronomy. This initiative is part of Multiplan’s ongoing strategy to enhance its portfolio and strengthen MorumbiShopping’s leadership in São Paulo’s retail market.”
Franciss also highlighted the importance of the project for the mall’s weekday corporate audience, drawn from the dense cluster of nearby office buildings.
“We recognize that professionals in the area are looking for convenience, practicality, and quality experiences during work breaks and after hours. MorumbiShopping is strategically positioned to consistently meet those needs.”
The new features include a broader dining mix, additional EV charging stations, and existing innovations such as the mall’s 100% free-flow parking system.
“We believe the rooftop dining area, together with an upgraded mix of stores and services, will drive traffic throughout the day and bring even more vitality to the surrounding area.”
Multiplan, which holds a 73% ownership stake, reports that MorumbiShopping currently offers 54,769 m² of GLA and 506 stores.
As part of a larger mixed-use complex, MorumbiShopping connects to the Morumbi Office Tower, Morumbi Business Center, Centro Profissional MorumbiShopping, Morumbi Corporate Golden and Diamond Towers, and the Praça do Sol Peres — a public square delivered in partnership with the city.











Join our mailing list for Real Estate News, Events, Insights & Resources.
