Sonae Sierra is the international shopping centre specialist that is passionate about bringing innovation and excitement to the shopping and leisure industry.
Incorporated in Portugal in 1989, it is owned by Sonae, SGPS (Portugal) with 50% and Grosvenor (United Kingdom) with 50%.
Activity
The integrated approach to the shopping centre business includes the ownership, development and management activities.
Whilst benefiting from the active support of its key shareholders, Sonae Sierra: Is a leader in the Iberian market; Takes an integrated approach to its activity; Has created new retail formats and innovative concepts; Utilises a consistent policy of partnerships; Maintains a clear and consistent growth strategy based on international expansion.
Markets
Sonae Sierra is present and operating in the following markets:
Portugal, Spain, Italy, Germany, Romania and Greece, in Europe;
Brazil, in South America.
Awards
The company has earned an international reputation for the development of innovative products as well as for is management skills, and has been awarded more international prizes than any other company in this sector.
To see Sonae Sierra Awards click here.
Innovation
Sonae Sierra has had a significant role in the modernisation of the shopping centre concept, having introduced new formats integrating retail and leisure and several innovative concepts in the shopping centres industry:
Shop Utilisation Contracts in shopping centre;
Themed Shopping centres;
“Green” Shopping centres;
Full integration of leisure with retail and services.
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