Sonae Sierra inaugurates AlgarveShopping's expansion (PT) According to Fernando Guedes de Oliveira, Sonae Sierra's CEO,... More »

Sonae Sierra inaugurates new shopping center in Brazil (PT/BR) Boulevard Londrina. The new shopping center located in the city... More »

Sonae Sierra signs new leasing service contract with Helios Immobiliare in Italy (IT/PT) "This contract will confirm our strong commitment to further strengthen our service provider activity for all business' sectors" commented José Maria Robles, General Manager of Property Management of Sonae Sierra in Italy. More »

Sonae Sierra reaches agreement to acquire 50% stake in CascaiShopping (PT) CascaiShopping in Cascais Sonae Sierra, through a majority-owned... More »

Sonae Sierra invests €4.5 million in the expansion and refurbishment of AlgarveShopping (PT) AlgarveShopping The intervention adds about 3,000 m² of Gross... More »

Sonae Sierra has signed three new service contracts in Algeria (PT/DZ) The shopping centers to which Sierra Cevital is providing leasing services are Uno Shopping Centre Mostaganem, Uno Shopping Centre Ain Defla and Uno Shopping Centre Bouira. More »

Sonae Sierra develops its third project in Morocco (MA) The service provision contract for the management of another... More »

Sonae Sierra strengthens its activity in Morocco (PT/MA) The service provision contract for the development of a project in Casablanca was signed with Moroccan company Marjane, the largest hypermarket and supermarket chain operating in the country, belonging to the ONA Group. More »

Solingen Shopping Center circa 45% GLA signed (DE) The 29,000 m² GLA shopping center situated right in the heart of the city of Solingen (North Rhine-Westphalia) represents an investment of €120 million and will serve a catchment area of around 270,000 inhabitants. More »

Sonae Sierra and PwC release 'Success Formulas for Romanian Shopping Centres' study (RO) The intensifying competition in the Romanian shopping center market will lead to an increasingly need for sophisticated managerial competencies... More »

Uberlândia Shopping opens to the public (BR) Several new brands to the region have confirmed their presence in Uberlândia Shopping. More »

Le Terrazze shopping center opens to the public (IT) Le Terrazze will offer a high-quality tenant mix of local and international brands. More »

Sonae Sierra enters Algeria (DZ/PT) Sierra Cevital is owned by Sonae Sierra and Cevital, an Algerian group with interests in several business areas, namely in the food industry, construction, glass manufacturing and car sales. More »

Sonae Sierra strengthens its third party serviceprovision capacity (EMEA) With more than 20 years of experience and operating in nine countries, Sonae Sierra now reinforces its international growth strategy through... More »

Le Terrazze shopping center to open on 21 March 2012 (IT) Le Terrazze achieved both ISO 14001 and OHSAS 18001 certifications. More »

The Sierra Fund acquires all the shares of Plaza Mayor Shopping in Malaga (PT/ES) Plaza Mayor Shopping opened in 2008. The Sierra Fund is a pan-European real estate investment fund, created in 2003. More »

Sonae Sierra responsible for the development management of new shopping center in Croatia (HR) Vrbani shopping center near Lake Jarun. Located near Lake Jarun,... More »

Sonae Sierra's property funds the most sustainable in Europe according to GRESB (PT) GRESB Foundation is an initiative launched by some of the biggest institutional investors worldwide, academic leaders and prominent members of the real estate sector. More »

Le Terrazze first shopping center to achieve ISO 14001 and OHSAS 18001 certification during construction (IT) Le Terrazze is due to open at the end of February or beginning of March 2012. More »

Sonae Sierra responsible for center management at Bikini Berlin (DE) Bikini Berlin is scheduled to open in 2013. The owner, Bayerische... More »

Sonae Sierra records Net Profit of €13.2 million in H1 2011 (PT) The positive variation of the Net Profit was leveraged by a 1% increase of the Direct Net Profit, and a 44% improvement of the Indirect... More »

H&M and Media World join Le Terrazze (IT) Le Terrazze shopping center is due to open in Q1 2012. H&M is... More »

Sonae Sierra signs a property management service agreement for Le Isole in Italy (PT/IT) Le Isole shopping center. Inaugurated in 2006 Le Isole tenant... More »

Sonae Sierra reinforces service provision to third parties in Romania (PT/RO) Inaugurated in February 2010, the Sun Plaza is the largest shopping center in Romania, with a Gross Lettable Area (GLA) of 81,000 m² and more than 135 shops and restaurants. More »

Sonae Sierra distinguished with three awards (PT) LeiriaShopping in Portugal. The National Real Estate Award is... More »

Sonae Sierra enters Morocco (PT/MA) The company's first contract in this market has just been signed, with Moroccan companies Marjane (ONA Group) and Foncière Chellah (CDG... More »

Sonae Sierra reinforces its activity in Italy and Romania (IT/RO) Sonae Sierra's Adora Mall in Craiova. In Italy, Sonae Sierra... More »

ICSC announces finalists for 2011 European Shopping Center Awards (FR/EUR) The finalists were announced at MAPIC, Cannes. “It is a pleasure to see good architecture, concept and tenant mix and a lot of focus on the customer. More »

Sonae Sierra records Total Net Profit of €14.9 million (PT) In Brazil, Sonae Sierra is developing Uberlândia Shopping, scheduled to open in 2011. More »

Sonae Sierra strengthens its activity in the Spanish and Italian markets (ES/IT/PT) In Spain, the company has just signed an agreement for the letting of shopping center Parque Guadaíra, in Seville, with Bouygues Inmobiliaria,... More »

Sonae Sierra: Almost 200 German shopping centers need revitalizing (DE) According to the survey, 48% of all shopping centers in Germany need revitalizing in the next few years. More »

Sonae Sierra considered 'Best Retail Developer' in Portugal, Spain and Italy (PT) The votes for the Real Estate Awards are cast by the readers of the magazine, which considered for the Best Retail Developer award the companies... More »

Sonae Sierra Brasil and Grupo Marco Zero start construction of Boulevard Londrina Shopping (PT/BR) Boulevard Londrina Shopping will create around 900 jobs during the construction stage, and 3,000 jobs during the operation stage. More »

Sonae Sierra records total net profit increase of 101% (PT) Sonae Sierra, the international shopping center specialist, presented a total net profit of €648,000 at the end of the first half of 2010, an increase of 101%, since the company recorded a negative result of €94. More »

Sonae Sierra signs leasing service agreement with Pradera in Greece (GR/PT) VILLAGE shopping & more... comprises 19,000 m² GLA. Through this... More »

Sonae Sierra receives Spanish Shopping Centre Association award (ES) Plaza Mayor's new expansion completes the center’s leisure offer. More »

Sonae Sierra becomes property manager for Praderas Militari Commercial Gallery (R0) Sonae Sierra’s proactive property management covers the full range of service needs. This includes the operational administration of Militari... More »

Sonae Sierra reduces staff absence from work accidents or occupational disease by 25% (PT) Sonae Sierra, the International Shopping centre specialist has a Safety and Health Management System (S&HMS), which main goal is to prevent all accidents from occurring in their sites. More »

ICSC Europe announces winners of 2010 European Shopping Center Awards (CZ) All the proud 2010 Awards winners. Multi Development won two ICSC Awards and a commendation. More »

Fernando Guedes de Oliveira takes charge of Sonae Sierra's leadership (PT) Fernando Guedes de Oliveira With Sonae Sierra since 1991, Fernando... More »

Sonae Sierra opens €79 million LeiriaShopping (PT) LeiriaShopping will make available a total of 116 shops in a 44.312 m2 GLA, combining prestigious national and international brands, with local ones. More »

Sonae Sierra reduces water consumption by 11.6% worldwide “Thanks to our Environmental Management Systems and latest technologies, we have sustainably succeeded in minimizing the water consumption,... More »

Sonae Sierra continues to expand in Europe and Brazil (RO/BR) Sonae Sierra’s Adora Mall, in Craiova, Romania. Owned and developed... More »

REP's fifth retail sustainability roundtable gathers top industry leaders (FR) FLTR Clockwise: Mathieu Regnault, Marketing Manager, Reed MIDEM; Derek Barker, Managing... More »

Sonae Sierra's LOOP5 shopping center opens in Weiterstadt (DE) LOOP5 represents an investment of €265 million. "The opening... More »

Sonae Sierra presents three models of new shopping centers (DE/PT) Craiova – Strong presence in Romania A shopping center with 55,500 m² of space is being constructed in Craiova (Romania) by Sonae Sierra. More »

Sonae Sierra presents expansion project for GuimarãeShopping (PT) GuimarãeShopping will feature a total of 113 shops and 16 restaurants, as well as a wider variety in its offer, with 14 new shops and six new restaurants. More »

Sonae Sierra distinguished at the European Risk Management Awards 2009 (PT) This distinction is the result of a rigorous selection process carried out by the jury panel of “Strategic Risk”, composed by 20 of the... More »

Sonae Sierra announces appointment of corporate bodies for 2009/2012 (PT) Board of Directors: - Duarte Paulo Teixeira de Azevedo, - Álvaro Carmona e Costa Portela, - Ana Maria Guedes Antunes de Oliveira, -... More »

Sonae Sierra inaugurates its 10th shopping center in Brazil (PT/BR) With a GLA of 47,000 m², the center features 227 shops, including 12 of large dimensions, including national and international brands such... More »

Álvaro Portela to retire as CEO of Sonae Sierra (PT) Álvaro Portela has worked at Sonae Sierra for 20 years, leading the team from before the opening of its first significant shopping center to the establishment of the internationally recognized company it is today. More »

Sonae Sierra distinguished by European Commission for sustainability excellence (PT/EUR) Sonae Sierra’s Leiria Shopping Center in Portugal. Álvaro Portela,... More »

Loop5 has 90% of its GLA committed less than one year before opening (DE/FR) With 56,500 m² of gross lettable area (GLA) and 177 shops Loop5 has already reserved shops in the area of fashion & textiles: both Peek... More »

REP's fourth retail sustainability round table draws top industry executives (FR) Round Table, MAPIC 2008, Cannes On Thursday, November 20, Real... More »

Sonae Sierra receives certification for its Safety & Health management system (PT) OHSAS 18001 is a standard that validates a Management System (just like ISO 9000 and ISO 14000) oriented towards Safety & Health at the... More »

Sustainability takes center stage at EXPO REAL (DE) Coen van Oostrom (left), Executive Director OVG, helps Alvaro Portela, CEO Sonae Sierra and winner of the Green Thinker Award 2008, with the Green Thinker Award cake. More »

First pan-European retail sustainability standard launched (EUR) The new BREEAM standard is undergoing pilot assessment on large-scale shopping center development projects in Germany and Turkey, and the outcome of these pilots will be incorporated into the standard later this year. More »

Sonae Sierra inaugurates Plaza Mayor's expansion (ES) Representing an investment of €58 million, the expansion will allow the center to offer 58 new shops, including Zara, Massimo Dutti,... More »

Sonae Sierra presents three new developments in Portugal (PT) Sonae Sierra will thus become present in the Leiria and Caldas... More »

Sonae Sierra had a Net Profit of €1.3 mln. in H1 2008 (PT) The consolidated Net Profit of Sonae Sierra, in the first half of 2008, was €1.3 million - this compares with €163. More »

Sonae Sierra announces additional closing of the Sierra Portugal Fund (PT) The investments result in a combined gross commitment which is in excess of €55 million, corresponding to an interest of approximately 18% in the SPF. More »

Rep Roundtable Amsterdam The full report will be made available in the Retail Space 2009 Yearbook, which will be launched at the ExpoReal Munich in October 2008. More »

Sonae Sierra announces new development in Leiria (PT) LeiriaShopping will make available the best shopping and leisure offer in the region with a total of 108 shops. There will be eight large... More »

REP round table draws up industry executives Towards a single standard Building on the success of similar forums held in Paris and Cannes, the group debated the need for a single standard... More »

Sonae Sierra announces launch of new €300 million investment fund (PT) Three reference investors have joined Sonae Sierra in the initial closing of the SPF with combined commitments of €120m: • LGPI – Local... More »

Sonae Sierra reaches record net profit of €300m (PT) Amongst the most significant moments of 2007 are: (i) the entry in the Romanian market through the acquisition of a centre already in operation... More »

Sonae Sierra and Miller Developments sell Lima Retail Park to PREF for €18.5 mln. (PT/UK) Sonae Sierra and Miller Developments were advised by Cushman & Wakefield on the disposal. PREF was advised by CB Richard Ellis. More »

Sonae Sierra creates the Ombudsman position (PT) The Sierra Ombudsman will be independent from the Board of Administrators, and will have all possible means available to him, and the manoeuvring... More »

Sonae Sierra to develop two new shopping and leisure centers in Romania (RO/PT) Ploiesti, an excellent location Built on a 16 hectares site, in the southern limit of the city of Ploiesti, the ninth most populated in... More »

Sonae Sierra reaches Net Profit of €206.6m in Q3 2007 (PT) As part of its growth and expansion strategy, Sonae Sierra continued to develop, during the third quarter of 2007, a significant portfolio... More »

Sonae Sierra launches Gli Orsi in Biella, Italy (IT/PT) Gli Orsi will be located in a privileged area, along an important city road and only 10 minutes from the downtown. More »

Sonae Sierra and the Mall Group inaugurate El Rosal in Ponferrada (ES) Developed by the partnership between Sonae Sierra (70%) e and the Mall Group (30%), this new shopping and leisure center is the 47th owned by Sonae Sierra. More »

Sonae Sierra wins 2007 DuPont Safety Award (PT) The PERSONÆ project emphasises on building a culture of prevention and anticipation of accidents at Sonae Sierra which will protect staff and everyone who is involved with the company. More »

Sonae Sierra inaugurates 8 Avenida in S. João da Madeira (PT) Representing an investment of €54,3 million, 8º Avenida is the 46th shopping and leisure center owned and managed by Sonae Sierra –... More »

Sonae Sierra shows H1 2007 net profit of €163.7m (PT) In consolidated terms, Sonae Sierra ended the first half of 2007 with a Direct Profit of €44.2 million, an increase of 13% compared with the first six months of 2006. More »

Sonae and ING Real Estate broaden partnership for development of Colombo Towers (PT/NL) Colombo Towers are now owned in equal shares by the two consortiums - Sonae Sierra/ING Real Estate (50%) and Iberdola Imobiliária/Caixa... More »

Sonae's 8 Avenida in S. João da Madeira opens in September (PT) With a GLA of 30,500 m², 8ª Avenida will make available a complete and wide-range offer of a total of 130 shops, including the 13 pre-existing in the current Modelo Shopping Centre. More »

Sonae Sierra wins Elite Lombard Award in Italy (IT/PT) The Elite Award is a recognition given to institutions, companies and top managers who in the course of the year have attained special achievements in different areas of the real estate sector. More »

Sonae Sierra enters Romanian market (RO/PT) River Plaza Mall opened on November 17th 2006, and is located in Ramnicu Valcea, 170 km from Bucharest, in the administrative city of Valcea County and the second largest of south-west Romania with a population of 112. More »

Sonae Sierra and Rockspring to develop largest shopping center in Larissa, Greece (GR/PT/UK) Sonae Sierra, which possesses extensive shopping mall development experience in the international and Greek markets, will provide the technical know-how and management of the new shopping center. More »

Sonae Sierra achieved a total net profit of €270.6million in 2006 (PT) All main financial indicators show a remarkable growth in 2006, confirming Sonae Sierra’s business strategy, whose main pillars are the... More »

Sonae Sierra and ING Real Estate start construction of Colombo Towers in Lisbon (PT/NL) Representing a total investment of about €90 million, the project for the two Towers began last week with the construction of the Towers. More »

Sonae's future shopping and leisure center 8a Avenida presented to the public (PT) Future shopping and leisure center 8ª Avenida, owned and developed by Sonae Sierra in the city of S. João da Madeira, Portugal, has been presented to the public on Wednesday February 7, 2007. More »

Sonae Sierra acquires shopping centers in Albufeira and Portimão, Portugal (PT) With these acquisitions, Sonae Sierra has also reinforced its position in the region of Algarve, Portugal, where it already owned AlgarveShopping, located in the Guia area. More »

Sonae Sierra increases its number of shopping centers with environmental certification (PT) Pursuing its strategic goal of obtaining environmental certification, by the end of 2008, for all its shopping and leisure centers under... More »

Sonae Sierra and Miller Developments launch Lima Retail Park in Viana do Castelo (PT) Representing an investment of €13 million, undertaken by the partnership (50/50) between Sonae Sierra and Miller Developments, the Lima Retail Park will have a Gross Lettable Area of 10. More »

Sonae Sierra appoints new Expansion Manager (PT) Jorge Morgadinho (39) started his career in Sonae Sierra in 1994 as an architect in the Centro Colombo project and was then appointed deputy development manager for Centro Vasco da Gama. More »

Sonae Sierra kicks off refurbishment of Valecenter (IT/PT) The refurbishment of the center will take place in two distinct phases. The first phase will be concluded by the end of November 2006 with... More »

Sonae Sierras PERSONÆ Project wins ECO Award from American Chamber of Commerce (PT) Initiated in 2004, PERSONÆ aims at accelerating the development of Sonae Sierra as the shopping centre company with the highest standards... More »

Sonae Sierra awarded as the best Portuguese company in the Spanish market (PT/ES) The jury, composed of several members of the Chamber’s Committee and Board of Directors, considered that Sonae Sierra – owner of 11 shopping... More »

Sonae Sierra shows net profit of €87.4 million in H1 2006 (PT) In consolidated terms, Sonae Sierra ended the first six months of 2006 with Direct Profits of €41,3 million, which represent an increase of 51%, compared with the first six months of 2005. More »

More than 60% of the commercial area of Sonae's ALEXA has been contracted (DE/PT) All in all, the new urban anchor near Berlin's Alexanderplatz will have a GLA of 54,000 m², of which 2,000 m² will be food and beverages and 9,000 m² leisure and entertainment. More »

Sonae Sierra acquired plot to build shopping and leisure center in Weiterstadt commercial park (PT/DE) The projected shopping and leisure centre will have 56,200 m² of GLA on four levels, for retail, restaurants and entertainment. More »

Sonae Sierra presents Shopping and Leisure Center in Évora (PT) Sonae Sierra’s future shopping and leisure centre is the result of the moving and expansion of the current Modelo de Évora Gallery, thus sharply reducing the pressure on the local commerce. More »

Sonae Sierra presents El Rosal, its new shopping and leisure center in Ponferrada, Spain (PT/ES) With a GLA of 49.200 m² and a construction area of 151.307 m², the new center will make available an innovative commercial offer... More »

Sonae Sierra and Acropole Charagionis joint-venture wins Galatsi Olympic Hall tender (PT/GR) The two partners submitted a proposal for an innovative Shopping and Leisure Centre with a gross lettable area (GLA) of 38. More »