Multiplan Adds R$ 6.3 Billion in Sales, According to Q2 2025 Earnings Report

Two standout properties during the period were Diamond Mall, located in Belo Horizonte, and ParkShopping Barigüi, in Curitiba, which saw year-over-year sales growth of 31.6% and 28.2%, respectively.

ParkShopping Barigüi is a Class B property with a GLA of 67,399 m² and 417 stores—75 of which were added following its most recent expansion, which included a medical center with 25 clinics. Diamond Mall, also Class B, has a GLA of 24,191 m² and 315 stores, with 61 of them added through expansions completed in 2004 and 2024.

With 50 years in the market and 17 as a publicly traded company, Multiplan currently manages 20 shopping centers with a total of 6,000 stores and two corporate tower complexes. The company has developed over 2 million m² of built area and holds a total GLA of 941,290 m². Within the shopping center segment alone, the company manages 890,708 m², with an average ownership stake of 80.7%.

Multiplan’s assets are spread across seven Brazilian states: Rio de Janeiro, São Paulo, Minas Gerais, Rio Grande do Sul, Paraná, the Federal District, and Alagoas.

Multiplan has announced ongoing investments totaling R$ 990 million across five expansion projects and 19 renovations within its portfolio. These initiatives are expected to add 46,000 m² of GLA and over 200 new stores by the end of 2026.

Projects currently under construction include Parque Shopping Maceió, scheduled for delivery in November this year, as well as expansions at Morumbi Shopping and ParkShopping, slated for completion in April and November 2026, respectively.