Sonae Sierra Expands Service Portfolio

Sonae Sierra has signed a new property management and leasing contract for Aeria Mall, a new shopping centre in Casablanca.

Comprising 25,000 sqm GLA, Aeria Mall is located in Casablanca’s up-and-coming urban district, Casa Anfa, occupying the former Casablanca airport site. From 2022, Sonae Sierra will manage the shopping centre enriching the customer offer, services, and experience.

With the addition of Aeria Mall in Casablanca (25,000sq m GLA); Sonae Sierra now manages three shopping centres in the country, including Arribat Centre in Rabat (44,800sq m GLA); and Carre Eden in Marrakesh (15,000sq m GLA); a total of 84,800sq m GLA under management, representing over 190 shops.

With over 30 years of international property management experience, the last 10 of which it has also been active in Morocco, Sonae Sierra has developed a strategy to create differentiating and multi-channel experiences in its shopping centres under management. Targets include adding value for consumers, retailers, and partners, while anticipating digitalization and sustainability trends in retail and real estate.

Cristina Santos, Sonae Sierra‘s Managing Director for Property Management and Leasing, said: “We are very pleased to see the trust upheld in our long-term know-how of the Moroccan market and in our capacity to create differentiating destinations that anticipate shopping, services and leisure trends. The growth of our Moroccan portfolio is proof of our capacity to deliver to partners our international expertise with local acumen. With our value creation capacity, Aeria Mall promises to be a unique destination for experiences, with original concepts and impressive entertainment – the ideal place to relax and enjoy quality time with family and friends.”

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