Multiplan reopens shopping malls in Rio de Janeiro with reduced hours

Multiplan announced that, following guidance from municipal authorities, it has reopened the shopping malls it operates in the city of Rio de Janeiro. Opening hours will be reduced.

RIO DE JANEIRO, BRAZIL - The company has four malls in operation in the city of Rio de Janeiro: Barra Shopping, New York Center City, Village Mall, and Park Shopping Campo Grande. A fifth, Park Jacarepaguá, should be opened at the end of the year.

In total, the reopened establishments add up to a little more than 170,000 square meters of gross leasable area. On average, the four malls ended December with an occupancy rate of almost 95%.

In early April, Rio mayor Eduardo Paes issued a municipal decree authorizing non-essential trade from 10 AM to 6 PM. Doctors . . .

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