Roberto Santiago: Keen on Developing Profitable Shopping Malls in Brazil

The Brazilian shopping sector grew by 6.5% in 2015. That was a turnover of about 150 billion according to data that was recently released. In places such as Paraiba the shopping malls sector has grown significantly. Despite the tough economic times in Brazil, malls are still booming. One good example is the Manaira Shopping Mall, owned by Roberto Santiago – a respectable and experienced real estate developer operating in the Brazillian market.

Recent data shows that the sector has the potential for growth and innovativeness. According to the data released, there were over 538 shopping malls in Brazil with another 30 due for completion soon, which is indicative that the sector is doing quite well. The shopping mall sector currently employs over a million people in Brazil. In 2015, there were over 54,000 job openings in the shopping mall subsector. Read more on blogdogordinho.com

The Regions Where Malls are Performing Well

One of the best performing regions for malls in Brazil is the Northeast. It is only second to the Southeast region. One of the best-performing malls in this area is Manaira Shopping Mall owned by Roberto Santiago. The mall has 75 thousand square meters of leasable area. Furthermore, it is a multipurpose space that has a college, gymnasium, concert hall, and many other facilities.

The Numbers are Positive

The numbers are great for shopping malls in Paraiba. For instance, about 40% of entrepreneurs were confident that the industry would grow by about 5% in 2016 despite the economic crisis. In fact, about 60% of shopping mall managers believed that the crisis would not have an impact on their business. Roberto Santiago Manaira Shopping Mall has posted good numbers since Santiago inaugurated it. In 2015, the mall record over 2 million people going through its premises. According to its manager, this high figure is a reflection of how stable the shopping mall sector is. He sees it continuing to grow in coming years.

The Manaira Shopping Mall has it All

The mall was inaugurated in 1989 and has continued to become successful ever since. Since its initial construction, the mall has been expanded five times. It is a great place for leisure and entertainment. If you love the movies, Manaira Shopping is the place to be. It has eleven rooms that cater to moviegoers. What’s more, all the rooms have been equipped with the latest in film equipment.

The mall also has 3D rooms, a Stadium System, and VIP rooms. If you love bowling, the Manaira features modern bowling slopes. Additionally, if you are a fun of gaming machines, the mall features over 200 games that are suited to different tastes and ages. The Mall caters to every type of shoppers and offers a complete shopping experience. View more on Exame

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