Retail Brazil II

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 Investing in North Shopping Sobral

In February 2012, Retail Brazil II invested  in the construction of a shopping center in the city of Sobral, which is Ceara's third largest city. Shopping Sobral is the first shopping center in the city, which has approx. 200.000 inhabitants and approx. 600.000 in the suburban area.

The primary target is the growing middle class, which besides demanding more and better shopping opportunities also appreciates safety and favorable parking options.

Shopping Sobral opened to the public in May 2013, with the shopping area 90 % leased.

• Investment: 14,850,000 BRL
• 23,500 m2 with 127 shops, food court, cinema and 915 parking spaces
• Governmental financing from Banco do Nordeste do Brasil

Retail Brazil I ApS and Retail Brazil II A/S have 64,67% of the shares in North Sobral Shopping.

 

    • Investment: 14,850,000 BRL
    • 23,500 m2 with 127 shops, food court, cinema and 915 parking spaces
    • Governmental financing from Banco do Nordeste do Brasil

    

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