Grupo Acosta Verde, founded in 1970 in Monterrey, Nuevo León, by architect Jesús Acosta Verde, is a leading company in the development and management of shopping centers in Mexico. With a strong track record, we specialize in the planning, development, leasing, administration, and operation of community shopping centers.
OUR PROFILE
As of December 31, 2024, our portfolio consists of 18 properties with a total gross leasable area (GLA) of 468,092 sqm and a high occupancy rate of 95.6%. Additionally, we manage three shopping centers owned by third parties.
Our presence is primarily concentrated in the northern and central regions of the country, which are recognized for their strong economic performance and significant industrial activity. This strategic focus has allowed nearshoring to continue driving economic development in most of the states where we operate, fueled by the increase in local purchasing power and consumption.
PHILOSOPHY
Our philosophy is grounded in fostering long-term relationships with all our stakeholders, providing them with business profitability and sustainability. Our leadership, coupled with the team’s expertise in implementing and managing best practices, consistently drives us to pursue continuous improvement and innovation in all processes.
MISSION
We develop and manage innovative shopping centers to create unique emotions and experiences for our visitors. We aim to promote the well-being of our people and maintain strong ties with our commercial partners, thus creating value for our shareholders.
VISION
To be the most profitable shopping center operator in Mexico. We achieve this by:
- Offering a sustainable business model that benefits all stakeholders.
- Positioning the Plaza Sendero brand as a benchmark for satisfaction and quality for visitors and commercial partners.
- Promoting constant innovation.
- Seeking and retaining extraordinary talent.
WE DEVELOP LONG-TERM
RELATIONSHIPS
At Grupo Acosta Verde, we have positioned ourselves as strategic partners to Mexico’s leading retail chains. Simultaneously, we continuously integrate new brands into our Plaza Sendero shopping centers, enhancing the variety of offerings and elevating customer experience.
By the end of 2024, we achieved an occupancy rate of 95.6% and over 61,000 sqm of leased GLA through new, renewed, and replacement leases. Additionally, we achieved 100% efficiency in the collection of annual billing. These achievements demonstrate the resilience and efficiency of our business model, ensuring sustainable, long-term value for our investors.
WHAT IS
PLAZA SENDERO?
Our Industrial Capital
With over two decades of experience, Plaza Sendero shopping centers have become iconic spaces that foster social interaction and serve as vibrant community hubs. Also, they are distinguished by having a diverse selection of brands offering high-quality products and services.
Our commitment lies in meeting the consumption, service, entertainment, and social needs of the communities we serve, providing environments designed for families and friends to enjoy meaningful experiences together.
GEOGRAPHIC FOOTPRINT
By region
SHOPPING CENTER
PORTFOLIO
Grupo Acosta Verde operates a portfolio of 18 community-format shopping centers located across nine Mexican states, with a strong presence in the northern and central regions.
Managed Portfolio
In addition to our owned properties, Grupo Acosta Verde manages three shopping centers owned by third parties.
To learn more about our portfolio, please visit our website.
COMMERCIAL PARTNERS
At Grupo Acosta Verde, we prioritize strategic collaboration with leading brands. Our continuous integration of innovative concepts into the Plaza Sendero shopping centers portfolio aims to deliver exceptional experiences to our visitors.
The multi-purpose format the Plaza Sendero shopping centers is designed to optimize the customer journey, driving high foot traffic and solidifying the brand as one of Mexico’s most prestigious shopping center networks. This strong market positioning fosters trust and long-term partnerships with our tenants.
Main Tenants
Approximately 50% of our GLA is occupied by national retail chains that have cultivated strong partnerships with Acosta Verde, many of which have been part of Plaza Sendero shopping centers for over 20 years. Additionally, we actively contribute to local economic development by creating opportunities for entrepreneurs in the communities where we operate.
The top 10 tenants in our portfolio represent approximately 49% of the total GLA, with Cinépolis as the largest tenant, holding 17 leases and covering 16.1% of the total GLA (equivalent to 71,584 sqm).
At the end of 2024, Acosta Verde manages 1,945 leases and 474 common area lease contracts.