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Mexico's Planigrupo to invest US$164 mln over next 3 years
Planigrupo, which went public two weeks ago, is also interested in expanding abroad in coming years, especially to Colombia, Peru and even Argentina.
Mexican shopping mall operator Planigrupo LATAM plans to invest 3 billion pesos (US$164 million) to develop 12 new projects over the next three years, company executives said on Tuesday.
The company has a portfolio of 29 commercial units in Mexico aimed at the middle class, and is looking to expand across the country's provinces, Chief Executive Elliott Bross said at a press conference.
Planigrupo, which went public two weeks ago, is also interested in expanding abroad in coming years, especially to Colombia, Peru and even Argentina, Bross said.
