<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-8.03706" data-lng="-34.91138" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-8.03706&quot;,&quot;lng&quot;:&quot;-34.91138&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:250000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km&quot;,&quot;description&quot;:&quot;Radius covering core neighborhoods like Casa Forte, Poço da Panela, Parnamirim&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Extended radius including broader North Zone of Recife&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;250,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary and secondary catchment areas in upscale North Recife neighborhoods&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;0.6&quot;,&quot;description&quot;:&quot;Aligned with Recife metropolitan growth rate&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Typical for urban Brazil, slightly younger in dynamic areas&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.1 People&quot;,&quot;description&quot;:&quot;Average household size in Recife urban areas&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Higher education attainment in affluent neighborhoods like Casa Forte&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;8,000 BRL per month&quot;,&quot;description&quot;:&quot;Estimated for upscale Casa Forte area, adjusted from 2010 census data&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Lower than national average in high-income Recife zones&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;95 Index (Brazil=100)&quot;,&quot;description&quot;:&quot;Slightly below national average for Recife&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;5,200 BRL per year&quot;,&quot;description&quot;:&quot;Estimated annual retail expenditure in urban Brazil&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;800 BRL per capita per year&quot;,&quot;description&quot;:&quot;Based on Statista forecast for Brazil apparel market&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;7,200 BRL per capita per year&quot;,&quot;description&quot;:&quot;Estimated monthly household spend adjusted per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;1,000 BRL per capita per year&quot;,&quot;description&quot;:&quot;Approximate from consumer electronics market data&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;6,570,000 Visitors&quot;,&quot;description&quot;:&quot;Calculated from 18,000 daily visitors x 365 days&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Typical average dwell time in mid-size Brazilian malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making purchases&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;12,000 BRL per year&quot;,&quot;description&quot;:&quot;Estimated average for similar Brazilian shopping centers&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;153 Stores&quot;,&quot;description&quot;:&quot;Including 3 anchors, 1 megastore, and 147 satellites&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;3 anchor tenants present&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Several major malls in Recife like Shopping Recife and RioMar&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Variety across retail, food, entertainment, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Pet-friendly mall Qualitative&quot;,&quot;description&quot;:&quot;First in region with clean energy and extensive pet facilities&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;15,798 sqm&quot;,&quot;description&quot;:&quot;Estimated for mid-size mall with 153 operations&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Floors L1 to L4&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;100 BRL per month&quot;,&quot;description&quot;:&quot;Estimated based on Brazilian retail market averages&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy typical for well-performing urban malls&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Standard Qualitative&quot;,&quot;description&quot;:&quot;Typical 3-5 year terms with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;nan sqm&quot;,&quot;description&quot;:&quot;No specific data available&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Located on Rua Dr. João Santos Filho in urban Casa Forte&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Accessible via Recife metro and bus lines&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;890 Spaces&quot;,&quot;description&quot;:&quot;On-site parking capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Moderate Qualitative&quot;,&quot;description&quot;:&quot;Urban location with good walkability in neighborhood&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Strong online retail presence in Brazil&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;Moderate Qualitative&quot;,&quot;description&quot;:&quot;Increasing in Brazilian malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;80.0&quot;,&quot;description&quot;:&quot;High broadband access in urban Recife&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Lower in upscale area compared to national averages&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Qualitative&quot;,&quot;description&quot;:&quot;Standard mall security including CCTV and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Regular events and promotions&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Common in Brazilian retail with app-based programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Modern digital displays throughout&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Aligned with retail sector growth in Brazil&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Qualitative&quot;,&quot;description&quot;:&quot;Continuous tenant recruitment&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Qualitative&quot;,&quot;description&quot;:&quot;No announced expansions&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2014,&quot;slug&quot;:&quot;shopping-tacaruna&quot;,&quot;name&quot;:&quot;Shopping Tacaruna&quot;,&quot;lat&quot;:&quot;-8.0586&quot;,&quot;lng&quot;:&quot;-34.8917&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping Tacaruna, situated in the Casa Amarela district of northern Recife, Pernambuco, Brazil, at Av. Gov. Agamenon Magalhães, 153, opened in April 1997. It occupies a 100,000 sqm site with 100,093 sqm gross leasable area across three levels, including a 700 sqm rooftop event space. The property hosts over 300 operations, with 269 retail stores featuring a value-oriented tenant mix: 40% fashion and accessories, 20% food and beverage via two food courts (Praca Olinda and Praca Recife) and three restaurants, plus services like banks and clinics, electronics, and leisure. Anchor tenants comprise Carrefour hypermarket, Cinemark theaters, Renner, Riachuelo, C\u0026A, and Lojas Americanas. Daily footfall averages 38,000 visitors, translating to 6-8 million annually, supported by family events and proximity to tourist sites in Recife, Olinda, and Paulista. Occupancy stands at 92-95%, with 7% vacancy and 5,000 sqm available space. Rent levels range from R$80-150 per sqm monthly, averaging 150 BRL, plus R$20-30 CAM fees, under 5-year leases escalating 6-8% via IGP-M. The primary 5 km catchment serves 2.5 million people, targeting middle-income classes B and C (median household income R$2,500-4,000 monthly, age 34.8). In Northeast Brazil&#39;s retail market, experiencing 5-7% sales growth amid recovery, it positions as a community value mall with high public transport access and 2,150 parking spaces. Leasing advantages include stable occupancy, promotional synergies, and alignment with affordable shopping needs, though offset by urban congestion and ongoing R$27 million facade/dining upgrades in 2024-2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Lojas Americanas&quot;,&quot;distance&quot;:3.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;48969&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Lojas Americanas&quot;}},{&quot;id&quot;:1666,&quot;slug&quot;:&quot;rio-mar-recife&quot;,&quot;name&quot;:&quot;Rio Mar Recife&quot;,&quot;lat&quot;:&quot;-8.062222&quot;,&quot;lng&quot;:&quot;-34.886389&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;RioMar Recife, located in Recife, Brazil, is one of the largest shopping malls in the Northeast region, featuring 103,000 square meters of gross leasable area (GLA) across five floors and a total constructed area of approximately 295,000 square meters. Opened in 2012, it houses around 400 stores, including 23 anchor tenants and 16 megastores, with a diverse tenant mix emphasizing fashion from international brands such as Burberry and Hugo Boss, alongside robust dining options comprising 70 outlets in formats like a gourmet area, restaurant boulevard, food court, and cafes. Entertainment amenities include a 700-seat theater, 12 cinema screens with advanced technologies (XD and DBOX), a video game arcade, and bowling alley, catering to family and leisure visitors. The mall&#39;s strategic position between northern and southern Recife provides accessibility from Boa Viagem beach hotels and the city center, supported by elevators, adapted restrooms, wheelchair services, and ASD-friendly features. In the 2026 Brazilian retail market, where national mall sales reached a record R$200.9 billion with 1.2% growth in 2025 and vacancy rates below pre-pandemic levels, the Northeast exhibits resilience with 90-95% average occupancy and 5-7% sales increases. RioMar attracts affluent and middle-class demographics, with 40% of visitors focused on shopping, 35% on dining, and 25% on home decor, benefiting from Recife&#39;s 4 million metro population and tourism. Leasing opportunities offer high footfall potential from local growth and visitors, but face risks from competition among 10+ regional malls, e-commerce expansion (B2C at 85% market share), and economic headwinds like 5.9% unemployment and rising inflation impacting consumer spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Palato Supermarket, Cinemark, Renner, C\u0026A, Riachuelo, Louis Vuitton, Burberry, Hugo Boss, Petz, Tok\u0026Stok&quot;,&quot;distance&quot;:3.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;410&quot;,&quot;gla_sqm&quot;:&quot;103000&quot;,&quot;anchor_tenants&quot;:&quot;Palato Supermarket, Cinemark, Renner, C\u0026A, Riachuelo, Louis Vuitton, Burberry, Hugo Boss, Petz, Tok\u0026Stok&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:4437,&quot;slug&quot;:&quot;shopping-patio-caxanga&quot;,&quot;name&quot;:&quot;Shopping Pátio Caxangá&quot;,&quot;lat&quot;:&quot;-8.02422&quot;,&quot;lng&quot;:&quot;-34.96442&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Shopping Pátio Caxangá is a mid-sized neighborhood shopping center situated in the Caxangá neighborhood of Recife, Pernambuco, Brazil, along Avenida Caxangá. Developed in the early 2000s, it spans approximately 25,000 square meters of gross leasable area (GLA) with around 60 stores, including anchor tenants like a local supermarket and pharmacy chain. The tenant mix emphasizes convenience retail, featuring everyday essentials from brands such as Pão de Açúcar for groceries, small fashion outlets like Renner and local boutiques, electronics stores, and a modest food court offering regional Northeastern cuisine alongside fast-casual options. Its market position targets middle-class families in the surrounding residential areas, with demographics comprising households earning B2 to C1 income levels (approximately R$4,000 to R$10,000 monthly per family), young professionals, and students from nearby universities. Accessibility is strong via major roads like Av. Caxangá and public transport routes, though parking is limited to 300 spaces, potentially constraining peak-hour traffic. Occupancy rates hover at 85-90%, supported by stable local demand, while average rent levels range from R$80-120 per sqm/month, lower than premium malls like RioMar Recife (R$150+). Footfall averages 4,000-6,000 visitors daily, focused on weekday shopping rather than leisure. Leasing advantages include flexible terms for smaller spaces (50-200 sqm) and proximity to underserved local markets, reducing competition from hypermarkets. Drawbacks encompass moderate operational quality with some aging infrastructure, such as outdated HVAC systems, and vulnerability to regional economic slowdowns in Pernambucos retail sector, which saw a 5% sales dip in 2023 per ABF reports. Competition from larger centers like Shopping Recife (10 km away) draws aspirational shoppers, limiting category expansion in luxury goods. Overall, it suits retailers in value-oriented segments seeking community footfall without high entry costs, but requires assessment of saturation in basic retail categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;C\u0026A, Renner, Pão de Açúcar&quot;,&quot;distance&quot;:6.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;C\u0026A, Renner, Pão de Açúcar&quot;}},{&quot;id&quot;:5346,&quot;slug&quot;:&quot;iguatemi-recife&quot;,&quot;name&quot;:&quot;Iguatemi Recife&quot;,&quot;lat&quot;:&quot;-8.1190456&quot;,&quot;lng&quot;:&quot;-34.9046689&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Iguatemi Recife is a high-end shopping center in Recife, Pernambuco, Brazil, launched in early 2025 by Iguatemi S.A. as part of its Northeast expansion strategy. Spanning 45,000 square meters of gross leasable area (GLA), it houses over 180 stores targeting upper-middle-class consumers (classes A and B). The tenant mix features premium international brands like Zara, H\u0026M, Calvin Klein, and luxury outlets such as Louis Vuitton and Gucci, alongside national chains like Renner and C\u0026A. Dining options include casual eateries and upscale restaurants, with entertainment anchored by a 10-screen multiplex cinema and leisure areas. Located in the affluent Boa Viagem district, it benefits from proximity to beaches and high residential density, enhancing accessibility via BR-101 highway and public transport. Market position: Positioned as a luxury destination in a city with 1.6 million residents and growing tourism (over 2 million visitors yearly). Occupancy rate is 88%, with sales per square meter at R$8,500 annually, above regional average of R$7,200. Rent levels average R$140 per m²/month, competitive for premium space. Advantages include strong demographic support from a median household income of R$3,200 and footfall of 12,000-18,000 daily visitors. Drawbacks: Intense competition from larger malls like RioMar Recife (120,000 m² GLA) and Shopping Recife, potential access issues during peak traffic, and market saturation in fashion retail amid 4% economic growth in Northeast Brazil per 2025 reports. Operational quality is high with modern infrastructure, but aging urban roads nearby pose logistics risks. Overall, suitable for brands seeking upscale exposure, though lease terms may include higher common area maintenance fees (R$25/m²).&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Cinemark, Zara&quot;,&quot;distance&quot;:9.15,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;101000&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Cinemark, Zara&quot;}},{&quot;id&quot;:4811,&quot;slug&quot;:&quot;shopping-rio-mar-recife&quot;,&quot;name&quot;:&quot;Shopping Rio Mar Recife&quot;,&quot;lat&quot;:&quot;-8.085&quot;,&quot;lng&quot;:&quot;-34.889&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Shopping RioMar Recife, opened in 2012, is a major retail destination in Boa Viagem, Recife, Brazil, with a gross leasable area of 103,000 square meters and approximately 410 stores across five floors. Strategically positioned between the city&#39;s northern and southern zones near the Atlantic Ocean and a lagoon, it serves as a key connector for regional shoppers. The tenant mix includes 23 anchor stores and 16 megastores, featuring luxury international brands like Burberry, Hugo Boss, and Prada alongside national retailers such as C\u0026A, Renner, and Riachuelo. Gastronomic offerings encompass 70 outlets in a gourmet area, restaurant boulevard, food court, and cafes, while entertainment options comprise 12 cinemas (including XD and DBOX screens), a 700-seat theater, bowling alley, and arcade. Annual footfall reaches 10 million visitors, averaging about 27,000 daily, supported by 95% occupancy rates aligning with Brazil&#39;s national average of 95.4% in 2025. Accessibility is strong with 6,000 parking spaces, 29 EV charging stations, elevators, wheelchair services, and family facilities. Market position in Northeast Brazil benefits from steady retail sales growth of 1.6% in 2025 and projected stability in 2026, driven by a recovering economy and urban expansion. Leasing advantages include flexible terms for premium spaces, competitive rents around R$150-200 per square meter monthly plus CAM charges of R$20-30, and marketing support from mall management. However, the Northeast&#39;s economic disparities pose risks, with regional GDP growth lagging national averages. Sustainability features, including rainwater collection and energy-efficient systems, enhance operational appeal, earning certifications like AQUA for high environmental quality.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Petz, Tok\u0026Stok, Diagmax, Palato, C\u0026A, Renner, Riachuelo&quot;,&quot;distance&quot;:5.87,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;410&quot;,&quot;gla_sqm&quot;:&quot;103000&quot;,&quot;anchor_tenants&quot;:&quot;Petz, Tok\u0026Stok, Diagmax, Palato, C\u0026A, Renner, Riachuelo&quot;}},{&quot;id&quot;:3263,&quot;slug&quot;:&quot;rio-mar-shopping&quot;,&quot;name&quot;:&quot;Rio Mar Shopping&quot;,&quot;lat&quot;:&quot;-8.1064&quot;,&quot;lng&quot;:&quot;-34.9069&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;RioMar Shopping, located in Recife, Brazil, is one of the largest shopping centers in the Northeast region, spanning 103,000 square meters of gross leasable area across five floors and a total constructed area of 295,000 square meters. Opened in 2012, it features approximately 400 stores, including 23 anchor tenants and 16 megastores, with a diverse tenant mix encompassing fashion, electronics, home goods, and services. The gastronomic offerings include 70 dining options across a gourmet area, restaurant boulevard, food court, and cafes, while entertainment facilities comprise a 700-seat theater, 12 cinemas with advanced formats, a video game arcade, and a bowling alley. Strategically positioned between the northern and southern zones of Recife, it benefits from accessibility via major roads and public transport, serving a metropolitan population of over 3.7 million. Daily footfall is estimated at around 40,000 visitors, supported by high occupancy rates near 95%, aligning with regional averages for premium malls. Rent levels typically range from R$150 to R$250 per square meter per month, influenced by prime locations within the mall. The property holds a strong market position as a destination for middle- to upper-income shoppers, bolstered by sustainability initiatives such as rainwater collection, energy-efficient systems, and the AQUA environmental certification, the first for a Latin American mall. Leasing advantages include robust visitor traffic, a balanced tenant mix that drives cross-shopping, and operational quality with modern infrastructure and family-friendly amenities. However, potential drawbacks involve traffic congestion in Recife&#39;s urban setting and exposure to regional economic fluctuations in the Northeast, where retail growth has moderated post-pandemic due to e-commerce penetration.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Leader, Le Biscuit, Jurandir Pires, Lojas Americanas, Riachuelo&quot;,&quot;distance&quot;:7.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;410&quot;,&quot;gla_sqm&quot;:&quot;103000&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Leader, Le Biscuit, Jurandir Pires, Lojas Americanas, Riachuelo&quot;}},{&quot;id&quot;:1665,&quot;slug&quot;:&quot;shopping-recife&quot;,&quot;name&quot;:&quot;Shopping Recife&quot;,&quot;lat&quot;:&quot;-8.11904&quot;,&quot;lng&quot;:&quot;-34.90489&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Shopping Recife is a regional shopping center in the Boa Viagem district of Recife, Brazil, established in 1980 as the states first mall and owned by Allos S.A. It spans 90,000 square meters of gross leasable area across four levels, hosting over 450 stores including nine anchors such as Renner, CA, Riachuelo, Adidas, and Lojas Americanas. The tenant mix emphasizes fashion, electronics, beauty, and home goods, with 20% allocated to food and beverage featuring 19 restaurants, four food courts, and a gourmet park, alongside 10 cinema screens for entertainment. Occupancy stands at 95%, reflecting strong demand in Northeast Brazil where the regional average is 93%, supported by daily footfall of 35,000 visitors or approximately 12 million annually, drawn from a 4 million metropolitan population. Rent levels range from R$150 to R$250 per square meter monthly, with leases typically 3-5 years and 5-7% annual escalations tied to the IGP-M index. Accessibility benefits from major roadways and public transit, plus 5,800 parking spaces, though peak-hour congestion in the affluent area poses challenges. Market position as a mid-tier destination targets middle to upper-middle income households with monthly incomes of R$5,000-8,000, above the national average, amid a median age of 31-33 years and 3.1 persons per household. Leasing advantages include established traffic fostering 2.5-hour dwell times and 35% conversion rates, seasonal boosts from Carnival and nearby beaches, recent modernizations enhancing operational quality, high security with low incident rates, and marketing events achieving 50% engagement. However, it faces competition from larger modern rivals like RioMar (103,000 sqm) and Tacaruna, which divert 15-20% of traffic, alongside high saturation in fashion categories and e-commerce eroding 18% of physical sales. Economic factors include 7-9% unemployment and 25% of households below the poverty line, potentially limiting spending power in a market with 5.5% retail growth in 2024. Aging infrastructure from the 1980s may require further upgrades, and traffic issues could impact impulse purchases, necessitating careful co-tenancy negotiations for new tenants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Renner, C\u0026A, Riachuelo, Adidas, Lojas Americanas&quot;,&quot;distance&quot;:9.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;80245&quot;,&quot;anchor_tenants&quot;:&quot;Renner, C\u0026A, Riachuelo, Adidas, Lojas Americanas&quot;}},{&quot;id&quot;:8074,&quot;slug&quot;:&quot;shopping-iguatemi-recife&quot;,&quot;name&quot;:&quot;Shopping Iguatemi Recife&quot;,&quot;lat&quot;:&quot;-8.11&quot;,&quot;lng&quot;:&quot;-34.92&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Shopping Iguatemi Recife is a premium retail center in Recife, Pernambuco, Brazil, operational since 2013 in the affluent Boa Viagem district. It spans 45,000 square meters of gross leasable area with over 180 stores, focusing on upper-middle-class consumers in socioeconomic classes A and B. Tenant mix comprises 40% fashion and accessories from brands like Zara, H\u0026M, and local labels, 25% dining options including casual and upscale eateries, 15% electronics and home goods, and anchors such as Renner, Riachuelo department stores, and a multiscreen Cinemark cinema. Market position: Part of Iguatemi S.A.s portfolio, it ranks as a top-tier mall in the Northeast, where total regional GLA reaches 5.2 million square meters amid saturation. Leasing advantages feature average rents of R$140 per square meter monthly, competitive for premium spaces, with flexible 5-year terms and pop-up opportunities; overage rents link to sales performance. Occupancy maintains 95%, bolstered by daily footfall of 12,000 to 18,000 visitors from local demographics and tourism. Drawbacks include economic volatility in Brazil, with projected retail CAGR of 5.4% to 2035 but Northeast underperformance versus Southeast; intense local competition from larger venues like RioMar Recife (over 100,000 m² GLA) and Shopping Recife; accessibility hindered by urban traffic, despite proximity to beaches and highways. Operational quality is solid with modern facilities, though regional infrastructure challenges persist.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Recife&quot;},&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Cinemark, Zara, Livraria Cultura&quot;,&quot;distance&quot;:8.17,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Renner, Riachuelo, C\u0026A, Cinemark, Zara, Livraria Cultura&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/plaza-shopping-casa-forte" id="mall-map-wrapper"><div data-city="Recife" data-current-mall="true" data-id="plaza-shopping-casa-forte" data-lat="-8.03706" data-lng="-34.91138" data-map-target="mall" data-name="Plaza Shopping Casa Forte" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">250,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">0.6</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">8,000 BRL per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">95 Index (Brazil=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5,200 BRL per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">800 BRL per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">7,200 BRL per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">1,000 BRL per capita per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">6,570,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">12,000 BRL per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">153 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">15,798 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">100 BRL per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">890 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Moderate Qualitative</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">Moderate Qualitative</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">80.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Qualitative</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Qualitative</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Qualitative</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>