New Market Study: "Business Opportunities in the Retail Building Construction Industry in Brazil: Market Profile"
Globally, Brazil has the eleventh-largest shopping mall market, which is calculated based on the number of malls in operation translating to five square meters per XX people. The US is ranked first and has a mall every XX square meters per XX people. Brazil is therefore still trailing market leaders such as the US, however, there is substantial potential for growth. Moreover, some Brazilian malls command high rents which are comparable to Rodeo Drive in Los Angeles.