ABOUT US



  • Acosta Verde is a Mexican company engaged in planning, developing, marketing, operating, and managing community shopping centers. The Company was established in 1970 in the city of Monterrey, Nuevo Leon, by architect Jesús Acosta Verde.

  • In this context, thanks to Acosta Verde’s broad experience, the Plaza Sendero concept was conceived in 2002 to become a successful shopping center model featuring high occupancy rates and visitor traffic, designed to meet the primary consumption, leisure, and service needs of the Mexican population.

  • Acosta Verde's corporate headquarters are located at Avenida Pedro Ramírez 200-1, San Pedro Garza García, Nuevo León, Mexico, 66269; with phone number +52 81 1001-98000.


BUSINESS SEGMENTS


  •    LEASING OF PREMISES

    • The strategic locations of Acosta Verde's Plazas Sendero (major avenues in metropolitan areas and secondary cities in Mexico, where there is an under-penetration of community shopping centers), together with their strategic tenant composition (mix of essential businesses and services with diverse entertainment options) and their focus on delivering a unique shopping experience (first class amenities, events, promotions, among others) ensure a steady visitor traffic that drives shared growth between their tenants and the Company.

  •    LEASING OF COMMON AREAS

    • Through the rental of common areas, Acosta Verde seeks to maximize the capacity of its shopping centers to generate additional revenue to its retail spaces. These revenue streams include parking lots, advertising programs, marketing spots, leasing of common areas for events, among others.

    Parking Lots: Acosta Verde generates a complementary revenue stream by charging for parking slots, capitalizing on the significant vehicle traffic resulting from the high visitor affluence at its Plazas Sendero.

    Advertising: The Company taps into the high visitor affluence at its shopping centers by offering brands the opportunity to place indoor or outdoor advertisements, as this gives them the opportunity to be closer to their customers and influence more directly in their product or service purchasing decisions.


  •    SHOPPING CENTER MANAGEMENT

    • Acosta Verde's extensive experience has led it to fine-tune a 100% customer-oriented shopping center management strategy noted for its dynamic and innovative approach.

    Commission Fee: 3% of total shopping center revenue.

    Leasing Commission: Charge a minimum of 3 months' rent or 5% of the total lease value if it is the first contract or 4% if it is a renewal. In addition, in the case of projects built before 2010, the Company charges for ongoing improvement programs.

    Asset management fee: For asset management services.

  •    SHOPPING CENTER DEVELOPMENT

    • Development fee: 8% of the cost of land plot and construction.

    Development process: The development of the shopping center takes only 10 months.

    Leasing fee: A minimum between 5% of the contract value and the equivalent of 3 months’ rent for initial leases.




ABOUT SENDERO


Geographic Footprint







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Main Tenants


During 2022, the Plaza Sendero brand maintained a high level of relationship with its tenants, always prioritizing communication with them to understand and satisfy their needs, in order to encourage long-term relationships. Thanks to this:

  • Acosta Verde has achieved that up to 50% of the GLA of each new Plaza Sendero is leased to national chains, which helps to achieve the goal of a high GLA occupancy rate since opening.
  • The Plazas Sendero have registered high levels of commercialization and visitor traffic since the first day of operation, as well as a diversified offer for visitors.

    • 2022 IN FIGURES


    1,236

    REVENUE (PS. MILLS.)

    672

    NET INCOME (PS. MILLS.)

    1,073

    NOI (PS. MILLS.)

    5,532

    DEBT (PS. MILLS.)

    ESG COMMITMENT

    At Acosta Verde we recognize sustainability as a key axis for our operation, thus generating economic, social and environmental value and contributing to the well being of the communities where we operate. For the third consecutive year, Acosta Verde, S.A.B. de C.V. shares with all stakeholders the results of the environmental, social and corporate governance (ESG) performance.


    Environmental


    Social


    Corporate Governance