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4-Traders Homepage  >  Equities  >  BOLSA DE VALORES DE SAO PAULO  >  Aliansce Shopping Centers SA    ALSC3   BRALSCACNOR0

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Aliansce Shopping Centers SA : Notice to the Market - Aliansce Shopping Centers (ALSC3) opens the expansion of Boulevard Shopping Belém, PA

11/22/2012 | 03:42pm US/Eastern


Aliansce Shopping Centers (ALSC3) opens the expansion of Boulevard Shopping Belém, PA

Rio de Janeiro, November 22, 2012 - ALIANSCE SHOPPING CENTERS S.A. (BOVESPA: ALSC3) announces the opening of the expansion of Boulevard Shopping Belém, located in the city of Belém, PA. The expansion adds 3,832 sqm of own GLA to Aliansce's portfolio.

The expansion represented an increase of 15% to the mall's GLA and added 40 stores. The project also includes two new floors of deck parking, adding 165 parking spaces to the property. This is Boulevard Shopping Belém's first expansion, a mall which opened in November 2009.

In the first nine months of 2012 Boulevard Belém had average monthly sales per square meter of R$1,122. The average monthly Operating Income per square meter was R$105.89.

Belém is a city with a population of over 2 million in its metropolitan area, of which 25% belongs to classes A and B according to IBOPE's data. The mall was developed, and is managed and leased by Aliansce.

To access the Notice to the Market, please click here.

For additional information, please contact the Investor Relations department:

Investor Relations
Phone: +55 (21) 2176-7272
Fax: +55 (21) 2176-7229

About Aliansce S.A.
Aliansce Shopping Centers S.A. (Bovespa: ALSC3) is one of the leading shopping center developers and manages the second largest number of shopping centers in Brazil among the four publicly held companies in the sector. The Company's core business includes investments in shopping centers and provision of the following services: (i) management of shopping centers; (ii) lease of commercial spaces in shopping centers; and (iii) planning and development of shopping centers. Aliansce is a full service company operating in all development stages of a shopping center, from planning and preparation of the feasibility study, development of the project, commercialization and management of the shopping center.

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