Chile's Minister of Public Works Reports Cencosud Close to Re-activating Costanera Center Mega-Project

Sergio Bitar, Chile's Minister of Public Works, told press sources that Centros Comerciales Sudamericanos, S.A. (Cencosud), one of Latin America's largest retail companies, is almost ready to restart construction of the Costanera Center, the company's US$600 million mega-project.

Chile's Cencosud Announces Plan to Move Real Estate Division Offices to Basement of Unfinished Costanera Project

Cencosud S.A., one of Latin America's largest retailers, with 2008 revenues totalling US$10 billion, announced plans to move its real estate division into the basement its unfinished US$600 million mega-development, the Costanera Center, a project that has been dormant since the outbreak of the 2008 finanical crisis.