History
Sonae Sierra’s most important milestones
Get to know our history throughout the years.
FEBRUARY
Start of activity of Sonae Imobiliária, ex- Sociedade Portuguesa de Centros Comerciais (SPCC)
AUGUST
Opening of the first shopping center managed by Sonae Sierra: AlbufeiraShopping, in Portugal
(Former C.C. Modelo de Albufeira)
AUGUST
Inauguration of the Centro Comercial Continente de Portimão, in Portugal
Being it the 1st Center developed by the Company
MAY
Inauguration of CascaiShopping, in Portugal
This inauguration marks the 1st regional shopping center and with modern design in Portugal
OCTOBER
Inauguration of CoimbraShopping, in Portugal
FEBRUARY
Inauguration of GuimarãeShopping, in Portugal
OCTOBER
Inauguration of GaiaShopping, in Portugal
SEPTEMBER
Inauguration of ViaCatarina Shopping, in Portugal
OCTOBER
Inauguration of ArrábidaShopping, in Portugal
SEPTEMBER
Inauguration of the Centro Colombo
The shopping centre with more shops in the Iberian peninsula
NOVEMBER
Inauguration of MaiaShopping, in Portugal
DECEMBER
Sonae Imobiliária is listed on the Stock Exchange of Lisbon and Porto from 1997 to 2001
OCTOBER
Inauguration of NorteShopping, in Portugal
JANUARY
Centro Colombo wins all the major awards in the sector
MIPIM, ICSC, PROCOS, among others
APRIL
Inauguration of Centro Vasco da Gama, in Portugal
APRIL
Sonae Imobiliária starts its internationalization
Entering in Spain, Greece and Brazil
JANUARY
Sonae Imobiliária enters in Germany
DECEMBER
Sonae Imobiliária enters in Italy
MARCH
Inauguration of MadeiraShopping, in Portugal
APRIL
Inauguration of AlgarveShopping, in Portugal
APRIL
Inauguration of Parque Principado, in Spain
APRIL
Inauguration of the Plaza Mayor Shopping Center, in Spain
APRIL
Inauguration of Parque D. Pedro, in Brazil
The largest shopping in Latin America
JANUARY
Awarded with the Prix Procos 2003
APRIL
Plaza Mayor Awarded Best Specialized Centre at the ICSC Awards
SEPTEMBER
Creation of Sierra Fund
Real estate fund with €1.08 billion of equity
OCTOBER
Inauguration of Parque Atlântico, in Portugal
NOVEMBER
Inauguration of Estação Viana, in Portugal
MARCH
Inauguration Dos Mares Shopping Centre, in Espanha
APRIL
Inauguration of Boavista Shopping, in Brazil
SEPTEMBER
Inauguration of Luz del Tajo, in Spain
NOVEMBER
Inauguration of Zubiarte, in Spain
FEBRUARY
Sonae Imobiliária changes to Sonae Sierra in order to create a global brand
MARCH
Inauguration of Plaza Éboli, in Spain
APRIL
Sonae Sierra acquires Airone, in Italy
APRIL
Sonae Sierra acquires Vallecenter, in Italy
MAY
Sonae Sierra publishes its first standalone Corporate Responsibility Report regarding 2004
OCTOBER
Inauguration of LoureShopping, in Portugal
OCTOBER
Inauguration of our 1st shopping centre in Greece, Mediterranean Cosmos
NOVEMBER
Inauguration of SerraShopping, in Portugal
NOVEMBER
Sonae Sierra buys 20% of Shopping Plaza Sul
MARCH
Inauguration of RioSul Shopping, in Portugal
SEPTEMBER
Luz del Tajo elected Spain’s “Best Shopping Centre”
OCTOBER
Acquisition of Münster Arkaden Shopping Centre
OCTOBER
Sonae Sierra’s PERSONÆ Project wins the ECO Award, from the American Chamber of Commerce
FEBRUARY
Sonae Sierra began construction of Colombo Towers
MAY
Entry in the Romanian market with the acquisiiton of River Plaza Mall
SEPTEMBER
Inauguration of 8ª Avenida, in Portugal
SEPTEMBER
Inauguration of Alexa, in Berlin, Germany
OCTOBER
Sonae Sierra wins 2007 DuPont Safety Award for its groundbreaking PERSONÆ project
OCTOBER
Sonae Sierra internationally acknowledged as the best company in the Shopping Centre sector
OCTOBER
Inauguration of El Rosal, in Spain
APRIL
Inauguration of Freccia Rossa, in Italy
First Sonae Sierra shopping centre developed from zero in Italy
APRIL
Launch of a new €300 million investment fund, Sierra Portugal Fund
OCTOBER
Inauguration of Pantheon Plaza, in Greece
OCTOBER
Inauguration of Gli Orsi, in Italy
OCTOBER
Sonae Sierra receives the Green Thinker Award
FEBRUARY
Sonae Sierra was awarded at the Sustainable Energy Europe Awards (SEE)
In the Market Transformation category
APRIL
Inauguration of Manauara Shopping, in Brazil
MAY
Sonae Sierra distinguished at the European Risk Management Awards 2009
OCTOBER
Inauguration of LOOP5, in Germany
DECEMBER
Sonae Sierra is the first Company in Europe to receive a Safety & Health Certification for the construction management of a shopping centre
JANUARY
Modelo de Albufeira Shopping Centre becomes AlbufeiraShopping
MARCH
Inauguration of LeiriaShopping, in Portugal
APRIL
Fernando Guedes de Oliveira becomes Sonae Sierra’s CEO
JUNE
Sonae Sierra enters Colombia
JUNE
Sonae Sierra awarded “Best Real Estate Developer of the Year”
MARCH
Sonae Sierra enters Morocco
MARCH
Close of Sonae Sierra Brazil IPO
FEBRUARY
Sonae Sierra enters Algeria
MARCH
Inauguration of Le Terrazze, in Italy
MAY
Sonae Sierra inaugurates AlgarveShopping’s expansion
MAY
Inauguration of Boulevard Londrina Shopping, in Brazil
SEPTEMBER
Sonae Sierra announces the 3 phases’ plan of NorteShopping refurbishment, in Portugal
OCTOBER
Entry in Turkey through Sierrra Reval
OCTOBER
Inauguration of Passeio das Águas Shopping, in Brazil
OCTOBER
Inauguration of Hofgärten Solingen, in Germany
MARCH
Sierra Portugal Fund acquires full ownership of AlbufeiraShopping and Centro Comercial Continente de Portimão
MAY
Sonae Sierra does its first investment in Morocco
By starting a 3 phases’ development of Zenata Shopping Centre
JULY
Sonae Sierra and ING sell 90% of Le Terrazze Shopping (Italy) Centre to Union Investment
MARCH
Sonae Sierra Shopping Centres in Brazil awarded the LIDE Shopping Centers Prize
JUNE
Sonae Sierra and IKEA establish an agreement to open a store at Nova Arcada Shopping Centre, in Portugal
MARCH
Madison International Realty acquires 25% stake in Sierra Portugal Fund
JUNE
Launch of Iberia Coop
A progammatic venture between CBRE Global Investment Partners and Sonae Sierra
SEPTEMBER
Inauguration of ParkLake, in Romania
FEBRUARY
Bankinter and Sonae Sierra launch ORES Socimi on the Alternative Stock Market
MARCH
Sonae Sierra and McArthurGlen started construction of Designer Outlet in Málaga, in Spain
MARCH
Iberia Coop Fund acquires Albufeira Retail Park and Continente Guia, in Portugal
JUNE
Acquisiton of Área Sur, in Spain
DECEMBER
Sierra Portugal Fund sells C.C. Continente de Portimão, in Portugal, while retaining Property Management of the asset
DECEMBER
Sierra Portugal Fund sells AlbufeiraShopping, in Portugal, while retaining Property Management of the asset
JANUARY
Start of NorteShopping expansion, in Portugal
JANUARY
Sonae Sierra and Ocidental create partnership to acquire MaiaShopping, in Portugal, from the Sierra Fund
JANUARY
Sonae Sierra and Ocidental create partnership to acquire GuimarãeShopping, in Portugal, from the Sierra Fund
FEBRUARY
Sonae Sierra and Armórica form a partnership for the acquisition of Serra Shopping, in Portugal, from the Sierra Portugal Fund
FEBRUARY
Sonae Sierra and Impresa Pizzarotti & c. S.p.A sign a 50/50 joint venture agreement
To develop a new shopping District in Parma (Emilia District), in Italy
JULY
Sonae strengthens position at Sonae Sierra changing the shareholder structure
50%(Sonae)/50%(Grosvenor Group) to 70%(Sonae)/30%(Grosvenor Group)
JULY
GranCasa (Spain) refurbishment was completed
SEPTEMBER
Alexa (Germany) refurbishment was completed
NOVEMBER
Sonae Sierra and Bluehouse inaugurated the new Fashion City Outlet
In Thessaly, in Greece
DECEMBER
Sonae Sierra and Peter Korbačka sign a Joint Venture agreement
To acquire GranCasa, Valle Real and Max Center, in Spain
JANUARY
New Sierra Balmain Joint Venture
Created for Poland and CEE markets
FEBRUARY
Inauguration of Jardín Plaza Cúcuta
In Colombia
MAY
Sonae Sierra acquires 50% of 3 companies from Luís Malheiro (LM) Group
AUGUST
Fusion of Sonae Sierra Brasil and Aliansce Shopping Centers
Creating Aliansce Sonae Shopping Centers S.A
NOVEMBER
Inauguration of Arribat Center, in Morocco
FEBRUARY
Inauguration of McArthurGlen Design Outlet Málaga, in Spain
MARCH
Sonae Sierra launched a new investment vehicle, SIERRA PRIME, alongside Allianz, APG and ELO
JUNE
Bankinter and Sonae Sierra launch ORES Portugal in Euronext Access Lisbon
AUGUST
Bankinter and Sonae Sierra’s SIGI
Real Estate Investment and Asset Management Company acquires first five urban real estate assets in Portugal
OCTOBER
Sonae Sierra inaugurates NorteShopping’s expansion
FEBRUARY
ORES Portugal honoured at the Euronext Lisbon Awards 2021
MARCH
Launch of the Reify. Brand
OCTOBER
Sierra German Food Retail Income Fund
NOVEMBER
Sonae Sierra recognised as a Green Star in the GRESB ranking
JANUARY
Sonae Sierra is the first company in real estate to issue bonds with sustainability criteria
FEBRUARY
Sonae Sierra changes global brand
MARCH
Sonae strengthens position at Sonae Sierra
Sonae Sierra changes the shareholder structure from 80%(Sonae)/20%(Grosvenor Group) to 90%(Sonae)/10%(Grosvenor Group).
OCTOBER
Entry in the Kosovo market
DECEMBER
Sierra adheres to the Principles for Responsible Investment
MAY
Sierra wins at ECSP Awards with NorteShopping and Plaza Mayor
SEPTEMBER
Sierra wins Best Investment Manager in Peninsula ibérica at Euromoney Awards 2023
SEPTEMBER
Sierra wins Best Investor Report at Iberian Property Awards 2023
NOVEMBER
NorteShopping wins Best Refurbishment & Redevelopment Project with the Cookbook and Galleria at MAPIC Awards
JANUARY
Sierra launches new investment vehicle with CTT
FEBRUARY
Sierra launches ORES Germany, a new investment vehicle
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