Sonae Sierra is an international retail real estate company dedicated to serving the needs of investors. We develop and invest in sustainable retail assets and provide investment, development and property management services for clients in geographies as diverse as Europe, South America, North Africa and Asia, while creating shared value for our business and society.
Incorporated in Portugal in 1989, Sonae Sierra is owned by Sonae, SGPS (Portugal) with 50% and Grosvenor (United Kingdom) with 50%.
We add value to our investors and other stakeholders by putting our unique know-how at their disposal through the development of outstanding projects and the delivery of professional services covering the complete retail real estate lifecycle, leveraged by the successful track record with our own projects.
Our vision is to develop and service vibrant retail-centred properties.
We aim to be the partner of choice by developing long term and reliable partnerships with all our stakeholders, driven by a clear emphasis on trust, integrity, efficiency and flexibility. We share our proven track record to best serve our clients’ interests and provide the right advice for investors, while delivering outstanding shared value leveraged by a sustainability driven strategy.
Shopping Centres and New Projects
- Owner of more than 45 shopping centres with a total GLA of 1.9 million m2 and an Open Market Value of €7bn.
- Responsible for the management and/or leasing of more than 80 shopping centres. 14 projects under development, including 7 for third parties.
News from Sonae Sierra (Real Estate - Homepage)
Sonae Sierra wins Silver Stevie Award in 2018 International Business Awards with Bright Programme download
Sonae Sierra was named the winner of a Silver Stevie Award in the “Energy Industry Innovation of the Year” in the 15th Annual International Business Awards.
Sonae Sierra recorded a Net Profit of €15.3 million in the first three months of 2018, compared to the €15.9 million reached in the same period of last year, impacted by lower gains on the sale of investments in 2018.
ParkLake, a Sonae Sierra and Caelum Development Joint venture project, has recently been distinguished by the International Council of Shopping Centres with a commendation in the category “New Developments: Large”, at the 2018 ICSC European Shopping Centre Awards.
We have long recognised that our long term business viability is dependent upon a healthy reserve of natural resources, social cooperation and financial capital. Indeed, we believe that the economic, environmental and social dimensions of our business performance are inextricably linked. For this reason, this annual report provides a fully integrated account of our business strategy and operational performance in 2017, demonstrating the alignment between our core business goals and ...
Sonae Sierra recorded a Net Profit of €110.0 million in 2017, compared to the €181.2 million recorded in 2016 impacted by a lower value created in Investment Properties.
News from IPE Real Assets
Joint venture buys three assets in Spain, Portugal
White Papers / Research from Sonae Sierra (Real Estate - Homepage)
In CascaiShopping, an adjacent area of the food court was underutilized and underperforming with some outdating restaurants.
Case Study: Places where people belong - contemporary destinations which celebrate a cultural legacy download
Sonae Sierra is an international retail real estate company but it doesn’t mean we leave aside the local impact and signature. Our Development Services team create design concepts that merge and celebrate the local culture in our and our clients’ shopping centres.
Case Study: Sonae Sierra borrows designs from nature to create award-winning shopping centre download
Building a shopping centre that truly integrates in its surrounding and it’s a part of the environment its truly a challenge. More than designing buildings Sonae Sierra designs experiences and shopping extensions of the places where the assets are.
In the Romanian retail property market, building standards are not yet as stringent as those in other European countries in what concerns environmental and safety preventive design, and to date very few commercial buildings have obtained sustainability-related certifications.
Analysis from IPE Real Assets
Shopping centre groups are falling over themselves to proclaim their position as the most digitally advanced of mall owners. Mark Faithfull reports on asset management in a digital world
Overseas money is targeting the continent and investors are broadening their strategies, writes Mark Faithfull