News

The shopping mall of 2030 in Colombia: When shopping will no longer be the main reason to visit a mall

For decades, shopping malls were conceived as spaces where commerce was the main focus. Anchor stores, fashion boutiques, and food courts defined a project’s success. However, the rapid evolution of artificial intelligence and e-commerce, coupled with new consumer habits, is profoundly transforming this model. By 2030, the Colombian shopping mall will be much more than […]

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2026 BUDGET: The decision that defines the future of shopping centers

Shopping centers operating under horizontal property ownership (condominiums) are legally required to hold owners’ meetings at the beginning of each year to evaluate the management’s performance, approve financial statements, and determine increases in administration fees, among other things. This year, these meetings face one of their most crucial decisions: approving the annual budget. This is

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The increase in the minimum wage in Colombia and its structural impact on shopping centers

The recent and excessive increase in the minimum wage in Colombia, while responding to a legitimate social concern about workers’ purchasing power, has generated a significant and profound impact on labor-intensive sectors. One of the hardest hit has been shopping malls, where personnel costs represent approximately 40% of the annual operating budget. This puts direct

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Miguel Ángel Pardo: the strategic leadership that transforms shopping centers from the boardroom

As part of the recognition of the 10 Most Influential Retail Leaders in Colombia 2025, awarded by Mall & Retail, the sector is focusing on a crucial but often overlooked role: the boards of directors of shopping centers. From this strategic position, Miguel Ángel Pardo has established himself as one of the most influential figures

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THE BOARD OF DIRECTORS: THE STRATEGIC BRAIN OF MALLS

In the dynamic evolution of modern retail, shopping malls have ceased to be simple commercial spaces and have become complex ecosystems that integrate experience, community, entertainment, and technology. However, one of the most critical often underestimated components in this system is the board of directors. The board of a mall not only serves an administrative

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