Cenco Malls reports a **26.4% year-over-year profit increase** to **$130 million** in Q3, driven by a **14.8% rise in operating revenue**. The company attributes gains to improved operational efficiency and property revaluation.
Cencosud Shopping’s stock price drops **2.57%** in Chile’s market, closing at **2,200 CLP** after trading below its prior close of **2,258 CLP** on October 27, 2026. The decline reflects investor sentiment amid broader market conditions. The company operates retail properties, including **Cencosud Shopping** and **Cencosud Mall** chains, serving Chilean consumers.
Oct 2026Global Banking & Finance ReviewNews article
Cenco Malls acquires a 51% stake in Bogotá’s Plaza Central shopping mall for $125 million USD. The deal leaves Colombian REIT PEI with the remaining 49% ownership. Cenco Malls operates as the retail property division of Cencosud, expanding its portfolio in Colombia’s capital.
PEI sells 51% of Plaza Central, a Bogotá shopping center, to Cenco Malls—a Cencosud subsidiary—for COP 459 billion. The company retains a 49% stake in the property, marking a strategic partnership with Cenco Malls. Plaza Central remains operational under the new ownership structure.
