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Plaza (MALLPLAZA) investor relations material
Plaza Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a transformational milestone with the acquisition of eight Gran Plaza shopping centers in Colombia, expanding presence to 10 cities and increasing Colombian GLA by 64%.
Strong organic performance with 2.36 million sqm of GLA and 95.8 million visits regionally.
Same Store Rent (SSR) grew 5.5%, outpacing regional inflation.
EBITDA reached CLP 140.3 billion (+9.6% year-over-year), with an 80.6% margin.
Adjacent businesses, led by parking and advertising, grew revenues by 26.7% compared to the prior year.
Financial highlights
Net revenues for 2Q26 were CLP 174.1 billion, up 8.7% year-over-year.
EBITDA for 2Q26 was CLP 140.3 billion, up 9.6% year-over-year, with an 80.6% margin.
Net income excluding fair value adjustments was CLP 78.6 billion, down 0.5% year-over-year.
Adjusted FFO for participation rose 8.8% year-over-year to CLP 108.5 billion.
Net debt/EBITDA improved to 2.4x from 3.1x a year ago.
Outlook and guidance
Over 50% of the investment plan is committed to projects under construction, with ongoing expansions and reconversions in key assets.
Focus on raising Tier A assets to over 70% of total GLA.
Continued acceleration of portfolio transformation, with more than 1 million sqm of GLA being optimized.
Strategic vision aims to secure regional leadership and sustainable value creation.
- EBITDA and net income rose strongly on higher revenues, resilient operations, and strategic expansion.MALLPLAZA
Q1 20266 May 2026 - Record 2025 revenue, EBITDA, and net income growth reinforce Andean market leadership.MALLPLAZA
Q4 202527 Mar 2026 - 2Q24 saw double-digit revenue and EBITDA growth, major expansion, and strong regional results.MALLPLAZA
Q2 202424 Dec 2025 - Strong 4Q24 growth in revenue, EBITDA, and occupancy, fueled by expansion and Peru acquisition.MALLPLAZA
Q4 202418 Nov 2025 - Record occupancy and strong financial growth, with major expansion and acquisition in Peru.MALLPLAZA
Q3 202417 Nov 2025 - Revenue and EBITDA surged over 35% year-over-year, fueled by regional expansion and asset integration.MALLPLAZA
Q1 202517 Nov 2025 - Revenue and EBITDA surged over 32% year-over-year, with robust growth and major expansions ongoing.MALLPLAZA
Q2 202517 Nov 2025 - Record Q3 2025 results with strong growth, Peru integration, and major expansion plans.MALLPLAZA
Q3 202517 Nov 2025
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