Join our mailing list for Real Estate News, Events, Insights & Resources.
Pernambucanas speeds up the process of store openings in the NE
12/23/2021
Retailer Pernambucanas will accelerate its expansion in the Northeast next year. The region in which the company has not operated in the last three decades should receive most of the 56 stores that the company intends to open, with an investment of around R$ 250 million.
Despite maintaining the investment plans, Sérgio Borriello, president of the company, says he believes that 2022 will be very volatile in sales. "The health issue is improving with vaccination, but we have elections and an obscure economic scenario. We are optimistic, but with our feet on the ground," said the executive.
Source: Valor Econômico
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.
Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026Investments
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
