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Sonae Sierra

4471-909 Maia, Portugal global@sonaesierra.com www.sonaesierra.com
Phone: +351 22 940 1700
Fax +351 22 010 4464
Sonae Sierra is an international retail real estate company dedicated to serving the needs of investors.
We develop and invest in sustainable retail assets and provide investment, development and property management services for clients in geographies as diverse as Europe, South America, North Africa and Asia, while creating shared value for our business and society.
Incorporated in Portugal in 1989, Sonae Sierra is owned by Sonae, SGPS (Portugal) with 50% and Grosvenor (United Kingdom) with 50%.
We add value to our investors and other stakeholders by putting our unique know-how at their disposal through the development of outstanding projects and the delivery of professional services covering the complete retail real estate lifecycle, leveraged by the successful track record with our own projects.
Our vision is to develop and service vibrant retail-centred properties.
We aim to be a partner of choice by developing long term and reliable partnerships with all our stakeholders, driven by a clear emphasis on trust, integrity, efficiency and flexibility. We share our proven track record to best serve our clients’ interests and provide the right advice for investors, while delivering outstanding shared value leveraged by a sustainability driven strategy.
Shopping Centres and New Projects:
Owner of 48 shopping centres with a total GLA of 1.9 million m2 and an Open Market Value of €7bn.
Responsible for the management and/or leasing of 77 shopping centres.
14 projects under development, including 6 for third parties, and45 new projects in pipeline.

November 19, 2021 - Point Shopping Center in Zagreb has a total area of 40,000 sq. m stretching over four underground and two... read more

November 19, 2021 - Opened on September 1st 2016, ParkLake brought to Bucharest residents a new and unique shopping experience.... read more
April 17, 2018, 12:27, (Property Xpress) - The owner of a Croatian shopping center has signed a EUR 10 mln loan agreement with the European Bank for ... read more
March 08, 2017, 18:50, (Property Xpress) - ParkLake shopping center in Bucharest has reached a 97 pct occupancy rate, with about 200 stores currently ... read more
February 02, 2017, 16:06, (Property Xpress) - ParkLake Shopping SA, owner and operator of the ParkLake shopping mall in the east of Bucharest, received in ... read more
September 01, 2016, 12:04, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra, which has just opened its ParkLake shopping mall in ... read more
February 26, 2016, 10:57, (Property Xpress) - The opening of ParkLake shopping mall, being developed in partnership between Sonae Sierra and Caelum ... read more
December 08, 2015, 12:17, (Property Xpress) - The opening of ParkLake shopping mall in the Bucharest Titan area has been moved to autumn 2016. ParkLake ... read more
November 10, 2015, 12:45, (Property Xpress) - Portuguese company Sonae Sierra, developing Parklake Plaza shopping mall in Bucharest alongside Caelum ... read more
October 02, 2015, 10:21, (Property Xpress) - Sonae Sierra and Caelum Development, developing ParkLake shopping mall in the Romanian capital, have signed ... read more
July 08, 2015, 12:32, (Property Xpress) - Anchor tenants have opened stores at a shopping and entertainment center in Moscow. In particular, anchor ... read more
January 19, 2015, 16:30, (Property Xpress) - Retailers Inditex, H&M, Koton and Maxitoys will open stores at ParkLake shopping center, being developed by ... read more
December 16, 2014, 7:58, (Property Xpress) - ParkLake shopping center developers Sonae Sierra and Caelum Development have selected Austrian company Strabag ... read more
November 28, 2014, 10:31, (Property Xpress) - Austrian Strabag Group, which has built Promenada Mall in Bucharest, is the main favorite to win the ... read more
November 19, 2014, 9:56, (Property Xpress) - An international retail group has opened its first clothing store in Bulgaria, thus expanding its presence to ... read more
September 18, 2014, 11:22, (Property Xpress) - French retailer Carrefour has purchased 12,000 sq. m of space at ParkLake Plaza shopping center, thus becoming ... read more
August 29, 2014, 9:54, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra and Irish Caelum Development, developing the EUR 180 mln ... read more
April 22, 2014, 10:10, (Property Xpress) - River Mall Ramnicu Valcea, the only shopping center owned by Sonae Sierra in Romania, had a sharp decrease in ... read more
March 26, 2014, 9:02, (Property Xpress) - ParkLake Plaza shopping mall, being developed by Sonae Sierra and Caelum Development near IOR Park in eastern ... read more
March 05, 2014, 8:43, (Property Xpress) - Seven retail projects, currently under development in the Romanian capital, will add 200,000 sq. m of space to ... read more
January 20, 2014, 10:28, (Property Xpress) - Portuguese shopping center developer Sonae Sierra and Irish Caelum Development have begun excavations for ... read more
November 05, 2013, 11:36, (Property Xpress) - Sonae Sierra and Caelum Development today announced the start of their EUR 180 mln shopping project in the ... read more
October 22, 2013, 13:34, (Property Xpress) - Viva! shopping and entertainment center in Northern Butovo will undergo an architectural and commercial ... read more
August 29, 2013, 11:18, (Property Xpress) - Real estate investment firm Bluehouse Capital opened today its Point shopping center in Zagreb’s Vrbani ... read more
August 21, 2013, 10:21, (Property Xpress) - A Ukrainian real estate development group plans to start construction of a large shopping and entertainment ... read more
July 11, 2013, 12:24, (Property Xpress) - The first neighborhood shopping center in Zagreb, ‘Point’, will open in late summer in the Vrbani area of ... read more
May 02, 2013, 7:58, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra received EUR 1.5 mln last year from renting its River Mall ... read more
January 23, 2013, 9:26, (Property Xpress) - Through Accent Real Estate Investment Managers, Alexander Samonov, former co-owner of Kopeyka grocery retail ... read more
October 16, 2012, 10:48, (Property Xpress) - Portuguese Sonae Sierra and Irish Caelum Development have changed the concept of their ParkLake Plaza Mall for ... read more
May 29, 2012, 12:56, (Property Xpress) - Real estate developer Sonae Sierra is in the process of rethinking its shopping center project in Craiova, ... read more
April 23, 2012, 12:59, (Property Xpress) - Chinese company NEC and Serbian football club Crvena zvezda will sign a preliminary agreement on Thursday to ... read more
March 28, 2012, 10:22, (Property Xpress) - Belgian Louis Delhaize group, operating Cora hypermarket chain in Romania, plans to invest EUR 120 mln in the ... read more
February 23, 2012, 9:11, (Property Xpress) - Private equity fund Bluehouse Capital is investing EUR 50 mln in building a shopping center on a 5,000 sq. m ... read more
December 28, 2011, 9:06, (Property Xpress) - Foreign real estate investors brought EUR 120 mln in capital to their Romanian subsidiaries in the first nine ... read more
November 16, 2011, 12:35, (Property Xpress) - A private equity real estate investment firm has appointed a development manager for its Croatian neighborhood ... read more
October 18, 2011, 9:49, (Property Xpress) - A shopping and entertainment center project in Romania has signed a 10-year lease agreement with an anchor ... read more
October 04, 2011, 7:57, (Property Xpress) - A real estate development company has suspended construction of a shopping and entertainment center in ... read more
July 19, 2011, 7:54, (Property Xpress) - Bucharest-based ACMS, controlled by the Tanasoiu family, has won a contract to build Adora Mall in Craiova, a ... read more
June 27, 2011, 14:30, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra, owner of the River Plaza shopping center in the Romanian ... read more
June 23, 2011, 8:51, (Property Xpress) - An international shopping and leisure center specialist wants to enter the Ukrainian market which has ... read more
June 09, 2011, 8:00, (Property Xpress) - The Romanian city of Craiova could have two new shopping malls opened next year, with a total area of 100,000 ... read more
May 27, 2011, 14:36, (Property Xpress) - Construction work on a shopping and entertainment center will begin next month in Romania. The facility, under ... read more
February 10, 2011, 11:36, (Property Xpress) - Investment fund New Europe Property Investments (NEPI), the most active buyer of real estate in Romania in ... read more
January 31, 2011, 16:21, (Property Xpress) - Romanian electronics and home appliances retailer Altex has signed a lease agreement to occupy 1,400 sq. m of ... read more
June 25, 2010, 9:07, (Property Xpress) - Sonae Sierra representatives believe they will get funding this year for a shopping center in Craiova, ... read more
May 17, 2010, 12:59, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra is preparing a mixed-use investment in Belgrade. The ... read more
May 11, 2010, 9:18, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra is interested in investing in the Serbian football club ... read more
February 25, 2010, 10:06, (Property Xpress) - Germany’s Union Investment will invest between EUR 1.5 and 2.0 bln in European real estate this year, said ... read more
February 18, 2010, 12:01, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra has signed a lease agreement with Belgian hypermarket chain ... read more
February 08, 2010, 13:53, (Property Xpress) - Construction on Colosseum Center, Dambovita Center and ParkLake Plaza shopping malls in Bucharest, Romania ... read more
January 26, 2010, 14:47, (Property Xpress) - Cinema City, the biggest multiplex operator in Central and Eastern Europe, has signed a lease deal to open a ... read more
August 19, 2009, 7:59, (Property Xpress) - Portuguese property development group Sonae Sierra, owner of River Plaza shopping center in Ramnicu Valcea, ... read more
June 11, 2009, 8:11, (Property Xpress) - A Romanian entrepreneur will develop a four-star hotel in the Romanian Mamaia resort estimated at EUR 15 mln. ... read more
April 28, 2009, 14:19, (Property Xpress) - Portugal-based mall developer Sonae Sierra lost over EUR 50 mln last year because of re-evaluation of plots ... read more
February 23, 2009, 10:07, (Property Xpress) - A foreign developer said it has reconsidered its program to open three shopping centers in Ploiesti, Craiova ... read more
December 17, 2008, 9:37, (Property Xpress) - Portuguese developer and shopping mall operator Sonae Sierra, owner of River Plaza Mall in Ramnicu Valcea, ... read more
September 16, 2008, 7:16, (Property Xpress) - Real estate project ‘ParkLake Plaza’, to include the largest mall in Bucharest, was refused a request to ... read more
September 02, 2008, 11:01, (Property Xpress) - Portuguese developer Plusvag Investimentos together with Council Judeatean Prahova will carry out a housing ... read more
August 15, 2008, 12:07, (Property Xpress) - Real estate developer Sonae Sierra registered EUR 1.5 mln revenues in the first half of this year from leasing ... read more
July 01, 2008, 9:29, (Property Xpress) - Caelum Development and Sonae Sierra intend to develop a large scale retail center in the eastern part of ... read more
June 09, 2008, 15:15, (Property Xpress) - Frankfurt-based investment bank Landesbank Hessen-Thueringen (Helaba) will this year enter the Romanian market ... read more
April 02, 2008, 13:35, (Property Xpress) - Sonae Sierra, the international shopping and leisure center specialist, owns 47 malls in Portugal, Spain, ... read more
March 17, 2008, 11:45, (Property Xpress) - Sonae SGPS unit Sonae Sierra SGPS intends to allocate EUR 1.2 bln for 27 mall projects in the seven countries ... read more
March 03, 2008, 8:58, (Property Xpress) - A Portuguese company will allocate over EUR 250 mln for a residential project with more than 3,000 apartments ... read more
December 12, 2007, 9:05, (Property Xpress) - Arena Mall, the first EUR 20 mln shopping center in the Romanian city of Bacau, opened on Tuesday this week ... read more
November 09, 2007, 10:05, (Property Xpress) - Аn international shopping center specialist, with a reputation innovation and excitement in the shopping and ... read more
October 31, 2007, 16:20, (Property Xpress) - Craiova Mall, scheduled for completion in 2009 and owned by the Portuguese company Sonae Sierra, has been ... read more
October 15, 2007, 15:56, (Property Xpress) - The Portuguese company Sonae Sierra will allocate over EUR 290 mln for construction of two shopping centers in ... read more
July 13, 2007, 9:37, (Property Xpress) - A Greek company, listed on the Athens Stock Exchange, specializing in real estate investment, development and ... read more
May 02, 2007, 18:11, (Property Xpress) - Sonae SGPS' commercial real estate division Sonae Sierra announced it has finished successful negotiations ... read more
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