Sonae Sierra, through its subsidiary Sonae Sierra Brasil, has opened Parque D. Pedro Shopping first expansion, in Campinas, Brazil. The extension represents an investment of EUR 9.6 mln and is made up of a new boulevard with 34 new stores with 5,450 m[sup]2[/sup] of Gross Lettable Area (GLA).

Sonae Sierra, through its subsidiary Sonae Sierra Brasil, has opened Parque D. Pedro Shopping first expansion, in Campinas, Brazil. The extension represents an investment of EUR 9.6 mln and is made up of a new boulevard with 34 new stores with 5,450 m2 of Gross Lettable Area (GLA).

Parque D. Pedro Shopping now features 410 stores and a total of 122,471 m2 of GLA.

Sonae Sierra CEO Fernando Guedes de Oliveira commented: 'Parque D. Pedro Shopping expansion reflects the dynamism that Sonae Sierra seeks to instil permanently in its shopping centres to value and renew them in order to meet the expectations of its visitors'.

The November edition of PropertyEU Magazine features a profile of Fernando Guedes de Oliveira and Sonae Sierra's international expansion programme. Click on the link below to subscribe.