Parque Arauco

Company profile

Parque Arauco company profile

Parque Arauco is developing and managing multi-format real estate assets, mainly for commercial use, orientated towards differentiated socio-economic sectors in Chile, Peru and Colombia. Parque Arauco owns and operates four shopping center formats: regional, neighborhood, outlet malls and strip centers. Their tenants are department stores, home improvement stores, supermarkets, restaurants, cinemas, health centers and smaller stores, offering various types of products. Parque Arauco studies the cities in the countries where they are present and they seek out the best locations in each city. Once the location has been chosen, they develops tailor-made business concepts that are the right size and have the appropriate infrastructure and the best commercial mix. Lastly, when the shopping center is built and leased to our tenants they continually strive to improve the shopping experience for their customers. Parque Arauco have a stable and diverse revenue base, based on a structure of contracts that stipulate mostly fixed, long term rent. Parque Arauco have an experienced team of professionals who are committed to their shareholders and lenders, strong relationships with the retailers and an appreciation for their customers.