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Worldview: Chile’s Mall Giant Parque Arauco Bets on Colombia

Worldview: Chile’s Mall Giant Parque Arauco Bets on Colombia

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The Santiago-based firm, whose shopping malls in Chile, Peru and Colombia house retailers like Gucci and Guess, has completed its ownership of the Colombian mall through a local subsidiary, acquiring the remaining stake from Colvalor Propiedades Colombianas. “Taking full control of Parque Alegra [in the city of Barranquilla] reaffirms our commitment to growth…

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