A director at Parque Arauco Sa sold 400,000 shares at 2,040.000CLP and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
After failing to break above resistance, global equities (MSCI ACWI) have had a rough start to the third quarter. Tuesday's 10-year low reading for September's US ISM manufacturing index further spooked investors and reignited global growth concerns. Continued weakness in global manufacturing and the US-EU tariff escalation raises the potential for a breakdown in global equities, however our outlook remains neutral as long as the MSCI ACWI remains confined to its horizontal range. • Prevailin...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE:PARAUCO) (Bloomberg: PARAUCO:CI) (“Parque Arauco”) announces another milestone in the expansion of Parque Arauco Kennedy. The company announced an investment of UF 2.2 million (approximately 100 million dollars), for a second phase of its expansion of the Parque Arauco Kennedy mall. The first phase of the expansion was announced in 2016 and includes a five star Hilton Hotel in Chile, a convention center as well as a 25,000 m2 flagship Falabella store. ...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) announces that its fully owned subsidiary, Inmuebles Comerciales del Peru S.A.C. (“ICP”) has sold to Inversiones Centenario S.A.A. (“Centenario”) the entirety of its shares in Inmobiliaria San Silvestre S.A. and Administradora Camino Real S.A.C., as well as the rights it has in three properties that the company maintains in co-ownership with Centenario. Likewise, its fully owned subsidiary Parque El Golf S.A.C. (“PEG”) has sold to Centenario t...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE: PARAUCO; Bloomberg: PARAUCO:CI) (“Parque Arauco”) announces that its total Gross Leasable Area has surpassed 1,000,000 m2 with the opening of Arauco Premium Outlet Bogota. Parque Arauco opened its first shopping mall, Parque Arauco Kennedy, in 1982, and with the opening of Arauco Premium Outlet Bogota and MegaPlaza Villa El Salvador II, the company now has over 1,000,000 m2 of total GLA. Regarding this important milestone, Juan Antonio Alvarez, Executive Vice Preside...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) announces that its fully owned subsidiary, Inmuebles Comerciales del Peru S.A.C. (“ICP”) has reached a binding agreement with Inversiones Centenario S.A.A. and affiliates (“Centenario”) to sell the entirety of its shares in Inmobiliaria San Silvestre S.A. and Administradora Camino Real S.A.C., as well as the rights it has in three properties that the company maintains in co-ownership with Centenario. Likewise, its fully owned subsidiary Parque...
SANTIAGO, Chile--(BUSINESS WIRE)-- The Green Building Certification Institute (GBCI) has awarded the LEED (Leadership in Energy and Environmental Design) Gold certification to Parque La Colina. This is an important milestone for Parque Arauco as this is the company’s first shopping center to receive LEED Gold certification. This achievement is further proof to Parque Arauco’s commitment to sustainable building after Arauco Quilicura in Chile was the first mall in the country to obtain LEED certification in 2015, and InOutlet Premium L...
SANTIAGO, Chile--(BUSINESS WIRE)-- The Green Building Certification Institute (GBCI) has awarded the LEED (Leadership in Energy and Environmental Design) certification, Silver category, to InOutlet Premium Lurín. This is an important milestone for Parque Arauco (SSE: PARAUCO) as this is the first shopping center in Peru to receive this recognition. This achievement is further proof to Parque Arauco’s commitment to sustainable building after Arauco Quilicura in Chile was the first mall in the country to obtain LEED certification in 201...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) (“Parque Arauco”) announces a milestone in the expansion of Parque Arauco Kennedy. An agreement has been signed for the construction of a new Falabella store of approximately 25.000 m2 which will be distributed among four stories and will become the retailer’s largest store in their portfolio. This store is in addition to the construction of the Hilton Hotel and the major hotel convention center in the country, both announced in October 2016. ...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) (“Parque Arauco”) announces the acquisition of the 100% equity interest in the Chilean company Bulevar Rentas Inmobiliarias S.A., which developed and currently operates Mall Costa Pacifico in the Greater Concepción Area. The enterprise value for the transaction was UF 1,520,000, equivalent to approximately US$60 million. Mall Costa Pacifico, with a GLA of 30,000 m2, is located in the district of Coronel, in the Greater Concepción area...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
SANTIAGO, Chile--(BUSINESS WIRE)-- Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) (“Parque Arauco”) announces the soft opening of Parque La Colina in Bogotá, Colombia ahead of the Christmas season. Parque La Colina is Parque Arauco’s third regional shopping center in Colombia and required an investment of approximately 670,000 ThCOP (approximately US$ 210 million). The almost 62,500 m2 regional shopping center will be the company’s first asset in the capital city of Colombia and is one of the top ten largest shoppi...
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