Red Megacentro’s Chile operations had an extremely strong year during the review period. In the 12 months leading up to June 2024, its gross leasable area increased by 4%, driven by project expansions in the country. The firm’s revenue and ebitda rose by 10% and 8%, respectively, with a strong ebitda margin of nearly 50%.
Further to this, Red Megacentro’s occupancy exceeded 95%, supported by robust development growth and a 15% customer acquisition cost increase.
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