# List of shopping centre owners and operators in Latin America

Tamtam tracks 82 shopping centre owners and operators headquartered in Latin America. This list ranks the 50 largest by number of employees on LinkedIn, led by Cencosud S.A., El Puerto de Liverpool and Falabella. Their median headcount is 963. Half of them were founded in 1977 or later. The most common headquarters are São Paulo (8), Rio de Janeiro (5) and Fortaleza (3).

This selection of companies operating shopping centers in Latin America includes large retail groups and real estate developers. These firms are involved in various aspects of retail and property management. For example, Cencosud S.A. is a multi-format retailer, El Puerto de Liverpool leads Mexican department stores, Falabella offers physical and digital retail space, and JHSF specializes in high-end real estate including shopping malls. Sá Cavalcante also manages shopping centers alongside other ventures.

The companies listed are primarily large groups, many with diverse portfolios beyond just shopping center operations, including supermarkets, department stores, and financial services. A common characteristic is their regional presence, with many operating in multiple countries across Latin America, reflecting a broad geographic reach in their business models.

🌍 Latin America · 50 companies · Updated Nov 12, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Cencosud S.A.](https://www.tamtam.ai/c/cencosud-s-a) (cencosud.com)<br>A multi-format retailer operating in multiple countries, offering a wide range of products and services through supermarkets, home improvement, department stores, shopping centers, and financial services | Retail | 🇦🇷 Argentina-Brasil-Chile-Colombia-Perú y Of.Comercial en China | 34,814 | 1976 |
| 2 | [El Puerto de Liverpool](https://www.tamtam.ai/c/el-puerto-de-liverpool) (elpuertodeliverpool.mx)<br>Leader in Mexican department stores, providing quality products and excellent service to families through five business units, with a focus on innovation and employee well-being | Retail | 🇲🇽 Mexico City | 31,031 | 1847 |
| 3 | [Falabella](https://www.tamtam.ai/c/falabella) (falabella.com)<br>Physical and digital retail space offering clothing, beauty, footwear, technology, and home products with top global brands and trends. | Retail | 🇨🇱 Las Condes | 26,558 |  |
| 4 | [Grupo Éxito](https://www.tamtam.ai/c/grupo-exito) (grupoexito.com.co)<br>Evolves with customers, adapting to new consumption through innovation, digital transformation, experiences, and sustainability across South America. | Retail | 🇲🇽 Envigado | 20,048 |  |
| 5 | [COTO](https://www.tamtam.ai/c/coto) (coto.com.ar)<br>A leading Argentine company with over 50 years of experience in production, commercialization, exports, and real estate development, with operations in multiple countries | International Trade and Development | 🇦🇷 Buenos Aires | 19,846 |  |
| 6 | [Grupo Zaffari](https://www.tamtam.ai/c/grupo-zaffari) (grupozaffari.com.br)<br>A retail business founded in 1935, now with supermarkets, shopping centers, credit card services, and a wholesale unit, emphasizing quality, community, and sustainability | Retail | 🇧🇷 Porto Alegre | 10,102 |  |
| 7 | [Grupo Muffato](https://www.tamtam.ai/c/grupo-muffato) (supermuffato.com.br)<br>Operates a large supermarket and wholesale chain, including distribution centers, gas stations, and shopping centers, focusing on quality and employee development. | Retail | 🇧🇷 Londrina | 8,751 | 1974 |
| 8 | [Grupo Líder](https://www.tamtam.ai/c/grupo-lider) (grupolideronline.com.br)<br>A Pará-based organization striving for excellence since the 1960s, with a diverse portfolio including supermarkets, shopping centers, pharmacies, and more | Retail | 🇧🇷 Belém | 5,523 | 1960 |
| 9 | [Corporacion Favorita C.A.](https://www.tamtam.ai/c/corporacion-favorita-c-a) (corporacionfavorita.com)<br>A leading Ecuadorian company offering self-service stores with a wide range of products, along with businesses focused on high-volume sales across various segments | Retail Groceries | 🇪🇨 Quito | 4,855 | 1952 |
| 10 | [Grupo Ramos](https://www.tamtam.ai/c/grupo-ramos) (gruporamos.com)<br>Operates 70 retail establishments across 13 provinces, including supermarkets, discount stores, and shopping centers, serving over 50 million customers annually in the Dominican Republic. | Consumer Services | 🇩🇴 Santo Domingo | 4,291 | 1965 |
| 11 | [JHSF](https://www.tamtam.ai/c/jhsf) (jhsf.com.br)<br>A pioneer in high-end real estate in Brazil, specializing in shopping malls, hospitality, and real estate development with a focus on customer satisfaction and sustainability | Real Estate | 🇧🇷 São Paulo | 4,010 |  |
| 12 | [Grupo Saga](https://www.tamtam.ai/c/grupo-saga) (gruposaga.com.br)<br>A national organization leading the future of mobility for 50 years, with a focus on customer care and representing a wide range of vehicle brands | Retail | 🇧🇷 Goiânia | 3,155 | 1972 |
| 13 | [Mallplaza](https://www.tamtam.ai/c/mallplaza) (mallplaza.com)<br>Leading urban center developer creating spaces for communities, businesses, and commercial partners Committed to excellence and inclusive vision for transformation Join us! 👥🏢🤝👫 | Leasing Non-residential Real Estate | 🇨🇱 Santiago | 3,127 | 1990 |
| 14 | [Mercadocar](https://www.tamtam.ai/c/mercadocar) (mercadocar.com.br)<br>This company functions as an online marketplace for car parts, providing a wide selection of vehicle components for various automotive needs, operating as a comprehensive auto parts shopping destination. | Retail | 🇧🇷 | 3,060 |  |
| 15 | [Sá Cavalcante](https://www.tamtam.ai/c/sa-cavalcante)<br>A diverse group focused on responsible and sustainable projects in shopping centers, real estate, food franchises, and television broadcasting, aiming to change the world | Facilities Services | 🇧🇷 Vila Velha | 2,921 | 1974 |
| 16 | [Iguatemi S.A.](https://www.tamtam.ai/c/iguatemi-s-a) (vemseriguatemi.com.br)<br>A leading full-service provider operating shopping centers, outlets, and mixed-use complexes since 1966 in Brazil, delivering excellence and human touch in every interaction | Retail | 🇧🇷 | 2,729 | 1966 |
| 17 | [ALLOS](https://www.tamtam.ai/c/allos) (allos.com.br)<br>A platform specializing in entertainment, lifestyle, services, and shopping with a focus on creating transformative moments and deepening relationships | Retail | 🇧🇷 Rio de Janeiro | 2,594 | 2023 |
| 18 | [Casas ARA](https://www.tamtam.ai/c/casas-ara) (ara.com.mx)<br>A company with over 46 years of experience in constructing and selling homes, serving different market segments and regions in Mexico | Construction | 🇲🇽 Mexico City | 2,272 | 1977 |
| 19 | [Ancar Ivanhoe](https://www.tamtam.ai/c/ancar-ivanhoe) (ancar.com.br)<br>Leader in shopping center development and management across Brazil, with a focus on creating unique, quality-driven retail destinations tailored to each location | Retail | 🇧🇷 Rio de Janeiro | 1,755 | 1972 |
| 20 | [Algar](https://www.tamtam.ai/c/algar-uberlandia) (grupoalgar.com.br)<br>Established in 1929, this entrepreneurial group operates in IT/Telecom, Agro, Services, and Tourism sectors nationwide, providing innovative, sustainable solutions | IT Services and IT Consulting | 🇧🇷 Uberlândia | 1,583 | 1930 |
| 21 | [Grupo Marquise](https://www.tamtam.ai/c/grupo-marquise) (grupomarquise.com.br)<br>Established in 1974 and with over 48 years of experience, this group operates across eight Brazilian states in real estate, infrastructure, environmental services, hospitality, communication, and more | Civil Engineering | 🇧🇷 Fortaleza | 1,501 | 1974 |
| 22 | [Multiplan Empreendimentos S.A.](https://www.tamtam.ai/c/multiplan-empreendimentos-s-a) (multiplan.com.br)<br>Industry leader since 1974 with 19 shopping centers in key Brazilian markets, also investing in residential and commercial developments, integrating living, working, shopping, and leisure | Real Estate | 🇧🇷 Rio de Janeiro | 1,488 | 1974 |
| 23 | [Serveng Civilsan](https://www.tamtam.ai/c/serveng-civilsan) (serveng.com.br)<br>A national company active since 1954, focusing on construction, energy, mining, and transportation while valuing partnerships, community, environment, and relationships | Construction | 🇧🇷 São Paulo | 1,133 |  |
| 24 | [IRSA PROPIEDADES COMERCIALES](https://www.tamtam.ai/c/irsa-propiedades-comerciales) (irsa.com.ar)<br>An Argentine real estate company focused on acquiring, developing, and operating shopping centers, office buildings, and residential complexes, aiming to maximize shareholder profitability | Leasing Non-residential Real Estate | 🇦🇷 Comuna 1 | 1,026 | 1943 |
| 25 | [Grupo Puntacana](https://www.tamtam.ai/c/grupo-puntacana) (grupopuntacana.com.do)<br>Grupo Puntacana is a family of sustainable development services focused on making the dreams of Punta Cana visitors and community members come true through various businesses | Hospitality | 🇩🇴 Santo Domingo | 963 | 1969 |
| 26 | [Grupo Roble](https://www.tamtam.ai/c/grupo-roble) (gruporoble.com)<br>Real estate developer in Central America, Colombia, and the Dominican Republic, specializing in shopping malls, residential, and corporate projects for over 50 years | Leasing Non-residential Real Estate | 🇸🇻 San Salvador | 945 | 1962 |
| 27 | [Parque Arauco](https://www.tamtam.ai/c/parque-arauco) (parauco.com)<br>The company develops and manages commercial real estate assets in Chile, Peru, and Colombia, focusing on various socioeconomic sectors with four different shopping center formats | Real Estate | 🇨🇱 Santiago | 925 | 1982 |
| 28 | [brMalls](https://www.tamtam.ai/c/brmalls) (allos.co)<br>Innovative platform offering entertainment, lifestyle, services, and shopping experiences With a legacy of 50 years, 62 shopping centers, and a focus on connections and transformations | Retail | 🇧🇷 Rio de Janeiro | 919 | 2006 |
| 29 | [Drugstore](https://www.tamtam.ai/c/drugstore) (drugstore.cl)<br>Located in the heart of Providencia, this company is home to emerging and local design-oriented brands It boasts the most bookstores per square meter in Santiago | Leasing Non-residential Real Estate | 🇨🇱 Santiago | 858 | 1969 |
| 30 | [Grupo Intercorp](https://www.tamtam.ai/c/grupo-intercorp) (intercorp.com.pe)<br>Management of diverse portfolio companies across financial services, retail, real estate, education, leisure, entertainment, and packaging sectors in Peru. | Executive Offices | 🇵🇪 | 751 |  |
| 31 | [Andorinha Hiper Center](https://www.tamtam.ai/c/andorinha-hiper-center) (andorinhaonline.com.br)<br>A major retailer with 1,300 employees offering a wide range of food products, personalized service, and a shopping center experience, aiming to soar higher in the industry | Retail | 🇧🇷 São Paulo | 699 | 1974 |
| 32 | [Flamboyant](https://www.tamtam.ai/c/flamboyant) (flamboyant.com.br)<br>A shopping center in operation since 1981, supporting cultural and artistic values, providing unique experiences to make every day better | Retail | 🇧🇷 Goiânia | 632 | 1981 |
| 33 | [Grupo Peralta](https://www.tamtam.ai/c/grupo-peralta)<br>Large-scale retail-focused business | Retail | 🇧🇷 Jaraguá | 623 | 1960 |
| 34 | [Shopping Recife](https://www.tamtam.ai/c/shopping-recife) (shoppingrecife.com.br)<br>Established for 40 years in Recife, growing alongside the city and its people A renowned shopping center with over 400 stores and 15 restaurants | Retail | 🇧🇷 Recife | 619 | 1980 |
| 35 | [AD Shopping](https://www.tamtam.ai/c/ad-shopping) (adshopping.com.br)<br>With 32 years of experience, AD Shopping specializes in developing, planning, marketing, and managing shopping centers, achieving profitability and market reputation | Retail | 🇧🇷 São Paulo | 582 | 1991 |
| 36 | [Fibra Uno (FUNO)](https://www.tamtam.ai/c/fibra-uno-funo) (funo.mx)<br>FUNO is the largest Real Estate Investment Trust in Mexico, specializing in acquiring, managing, and developing commercial, industrial, and office properties in key locations | Real Estate | 🇲🇽 Mexico City | 565 |  |
| 37 | [Spectrum](https://www.tamtam.ai/c/spectrum-guatemala-city) (spectrum.com.gt)<br>Development, commercialization, and operation of innovative real estate projects in commerce, housing, offices, and industrial parks in Guatemala and Colombia. | Real Estate | 🇬🇹 Guatemala City | 554 | 1995 |
| 38 | [Almeida Junior Shopping Centers](https://www.tamtam.ai/c/almeida-junior-shopping-centers) (almeidajunior.com.br)<br>Develops shopping centers, offering solutions for consumption, leisure, services, and well-being, aiming to improve quality of life and generate value for stakeholders. | Retail | 🇧🇷 São José | 553 | 1980 |
| 39 | [Terral Shopping Centers](https://www.tamtam.ai/c/terral-shopping-centers) (terral.com.br)<br>Integrated company specialized in developing, managing, and commercializing shopping centers, launching smart ventures with cost rationalization, operating 13 centers in Midwest and Southeast. | Retail | 🇧🇷 Goiânia | 552 | 1988 |
| 40 | [Jockey Plaza](https://www.tamtam.ai/c/jockey-plaza) (jockeyplaza.com.pe)<br>Leading shopping centers in Peru with multiple locations, offering over 510 stores, memorable experiences, and supporting entrepreneurs and new brands. | Real Estate | 🇵🇪 Lima | 542 | 1997 |
| 41 | [Grupo Ultra](https://www.tamtam.ai/c/grupo-ultra) (grupoultra.com)<br>A Mexican luxury company founded in 1975 with operations in retail, wholesale, e-commerce, real estate, and furniture manufacturing, offering a wide range of luxury brands | Retail | 🇲🇽 Cancun | 531 | 1975 |
| 42 | [Partage Malls](https://www.tamtam.ai/c/partage-malls) (partagemalls.com.br)<br>A leading developer, manager, and commercializer of shopping centers across Brazil, with a strong community focus and a portfolio of 14 operational malls | Retail | 🇧🇷 São Paulo | 486 | 2010 |
| 43 | [Supermercado Pinheiro](https://www.tamtam.ai/c/supermercado-pinheiro) (supermercadopinheiro.com.br)<br>A company in Ceará, Brazil, operates supermarkets, cinemas, playgrounds, chopperias, and a shopping center, focusing on strong partnerships and community engagement since 1979 | Retail Groceries | 🇧🇷 Fortaleza | 460 | 1991 |
| 44 | [Alqia](https://www.tamtam.ai/c/alqia) (alqia.com.br)<br>We strive to enhance the management of commercial enterprises, creating value and a positive impact on society by providing exceptional shopping experiences | Retail | 🇧🇷 São Paulo | 441 | 2002 |
| 45 | [General Shopping e Outlets do Brasil S/A](https://www.tamtam.ai/c/general-shopping-e-outlets-do-brasil-s-a) (generalshopping.com.br)<br>Company in Brazil with a significant share in shopping center business, owning and managing 15 shopping centers with a total of 3489 thousand square meters | Retail | 🇧🇷 São Paulo | 438 |  |
| 46 | [Shopping Eldorado](https://www.tamtam.ai/c/shopping-eldorado) (shoppingeldorado.com.br)<br>A shopping center located in São Paulo's Zona Oeste, offering a pleasant environment and diverse options for customers in a high-income area | Retail | 🇧🇷 São Paulo | 437 | 1981 |
| 47 | [Shopping RioMar Fortaleza](https://www.tamtam.ai/c/shopping-riomar-fortaleza) (riomarfortaleza.com.br)<br>A large shopping center located in Fortaleza, Brazil, opened in 2014 It is the largest in Ceará and 8th largest in Brazil | Retail | 🇧🇷 Fortaleza | 411 | 2014 |
| 48 | [Portafolio Inmobiliario](https://www.tamtam.ai/c/portafolio-inmobiliario) (portafolio.cr)<br>Real estate developer in Central America specializing in residential, commercial, and mixed-use projects with a focus on creating impactful spaces for a better quality of life | Real Estate | 🇨🇷 San José | 386 | 2004 |
| 49 | [Grupo Cayalá](https://www.tamtam.ai/c/grupo-cayala) (cayala.com)<br>Develops master-planned harmonious communities in Guatemala, drawing on traditional urbanism and natural surroundings, conceived by architect León Krier. | Executive Offices | 🇬🇹 Guatemala | 367 | 1982 |
| 50 | [Soul Malls](https://www.tamtam.ai/c/soul-malls) (soulmalls.com.br)<br>Development, management, and commercialization of commercial ventures with a focus on sustainable long-term results through professional management and team involvement | Retail | 🇧🇷 Rio de Janeiro | 365 | 2017 |

## How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 12, 2026.

## More company lists in Latin America

- [The largest companies in Latin America](https://www.tamtam.ai/l/largest-companies-in-latin-america) (27,921)
- [Manufacturers in Latin America](https://www.tamtam.ai/l/manufacturers-in-latin-america) (3,431)
- [Retail chains in Latin America](https://www.tamtam.ai/l/retail-chains-in-latin-america) (3,340)
- [Multinational companies in Latin America](https://www.tamtam.ai/l/multinational-companies-in-latin-america) (2,975)
- [Education providers in Latin America](https://www.tamtam.ai/l/education-companies-in-latin-america) (2,329)
- [Critical infrastructure operators in Latin America](https://www.tamtam.ai/l/critical-infrastructure-operators-in-latin-america) (2,262)
- [Financial services firms in Latin America](https://www.tamtam.ai/l/financial-services-firms-in-latin-america) (1,653)
- [Healthcare providers in Latin America](https://www.tamtam.ai/l/healthcare-providers-in-latin-america) (1,650)
- [Financial Services companies in Latin America](https://www.tamtam.ai/l/financial-services-companies-in-latin-america) (1,521)
- [Companies with a mobile app in Latin America](https://www.tamtam.ai/l/companies-with-mobile-app-in-latin-america) (1,507)
- [Retail companies in Latin America](https://www.tamtam.ai/l/retail-companies-in-latin-america) (1,379)
- [E-commerce companies in Latin America](https://www.tamtam.ai/l/ecommerce-companies-in-latin-america) (1,320)
- [Public sector organisations in Latin America](https://www.tamtam.ai/l/public-sector-organisations-in-latin-america) (1,301)
- [Food and beverage companies in Latin America](https://www.tamtam.ai/l/food-and-beverage-companies-in-latin-america) (1,290)
- [Higher Education companies in Latin America](https://www.tamtam.ai/l/higher-education-companies-in-latin-america) (1,236)
- [Distributors and wholesalers in Latin America](https://www.tamtam.ai/l/distributors-and-wholesalers-in-latin-america) (1,223)
- [Corporate groups and holding companies in Latin America](https://www.tamtam.ai/l/holding-companies-in-latin-america) (1,216)
- [Companies with in-house R&D in Latin America](https://www.tamtam.ai/l/r-and-d-companies-in-latin-america) (1,191)
- [IT Services and IT Consulting companies in Latin America](https://www.tamtam.ai/l/it-services-and-it-consulting-companies-in-latin-america) (1,091)
- [Food and Beverage Services companies in Latin America](https://www.tamtam.ai/l/food-and-beverage-services-companies-in-latin-america) (1,020)
- [Hospitals and Health Care companies in Latin America](https://www.tamtam.ai/l/hospitals-and-health-care-companies-in-latin-america) (995)
- [Government Administration companies in Latin America](https://www.tamtam.ai/l/government-administration-companies-in-latin-america) (958)
- [Construction companies in Latin America](https://www.tamtam.ai/l/construction-companies-in-latin-america) (926)
- [Professional services firms in Latin America](https://www.tamtam.ai/l/professional-services-firms-in-latin-america) (924)

## The same list elsewhere

- [Shopping centre owners and operators in the world](https://www.tamtam.ai/l/shopping-centre-operators-in-the-world) (642)
- [Shopping centre owners and operators in Brazil](https://www.tamtam.ai/l/shopping-centre-operators-brazil) (50)

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Source: https://www.tamtam.ai/l/shopping-centre-operators-in-latin-america