My Mall invests R $35 million in MG

São Paulo-an eye on the potential of StreetMalls, small enterprise, with shops and services easily accessible to the consumer, the Group My Mall has announced investment of R $35 million for the construction of two small shopping mall in the State of Minas Gerais. For the President of My Mall, Evandro Veiga de Lima Jr., the model of development has gained space in the Brazilian market by practicality and this trend shows the need for regionalisation, neighborhoods become increasingly independent. "The product of this century is the convenience; Thus, these local shopping centres appear to meet the needs of the modern world, with comfort, convenience, safety and comfort. As a result, attract each merchants and consumers more, "says. Good omen The street malls will be built in Belo Horizonte, Ribeirão das Neves, and second Lima Jr., the occupancy rate tends to be above the average of the traditional shopping malls in light of lower prices and greater convenience for the retailer. "We have high occupancy, retailers that we have today are already for some time on the site, all the developments are anchored, and therefore have an expanding clientele due to the quality of product or service. That way, they can more easily deal with the moments of crisis ", summarizes it, noting that 94.1 percent of today shops are located. On the new ventures, the Executive details that the company has sought opportunities to land for new acquisitions and, in the case of My Power Mall Real Park, in the State capital, the site chosen was a real estate complex of Emccamp. With 3000 apartments delivered, 8500 m ² sum of gross lettable area (GLA), will have eight food shops and ten satellites. There will be three big-box retailers and 311 parking spaces. In the case of My Mall Street Black Gold are 2,385 m ² of gross leasable area, 3 anchor stores and 8 satellite stores. The spaces must be ready by the end of 2018.