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Chilean acquisition for Broadway Malyan

6 Aug 13 Broadway Malyan has acquired Antonio Prado Arquitectura Comercial, an architecture and interior design practice based in Santiago, Chile.

Since 2010, the two practices have collaborated on projects in Chile.

The move is part of Broadway Malyan鈥檚 strategy to grow its business across the Latin America region, which is seeing it drawing on the cultural and language connections shared by its teams based in Madrid, Lisbon and S茫o Paulo.

The practice opened its office in Brazil in 2011 and as part of its international growth strategy it has since opened bases in Istanbul, Mumbai and Baku.

Antonio Prado Arquitectura Comercial has a focus on the the Chilean retail sector, with completed and current projects across the country, and a client portfolio of retail developers and operators.

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The team in Chile will be headed by Broadway Malyan director Jorge Ponce Dawson, who will continue to lead the practice鈥檚 Madrid-based team in Spain, while Antonio Prado will become director of architecture and lead the local team.

Jorge Ponce Dawson said: 鈥淎ntonio Prado Arquitectura has a strong reputation in the national and regional retail sector, an impressive project portfolio and enviable client base. Our objective is to ensure that our combined team of world-class design experts is the partner of choice for current and new clients in Chile and Spanish-speaking Latin America, as well as the wider region, across a wide range of sectors including masterplanning and mixed use.鈥

Chile鈥檚 economy has recently been boosted by a surge in investment, with the country鈥檚 GDP rising 4.1% from last year.

Broadway Malyan鈥檚 projects in Chile include the concept and schematic design for Portal Bio-Bio, a 70,000m2 GLA commercial centre for Cencosud. With the acquisition of Antonio Prado Arquitectura Commercial, the practice鈥檚 client portfolio will be expanded with the addition of Ripley, one of Chile鈥檚 largest department store operators, Banca Ripley, GES Corporation, Hewlett Packard, Movistar and Forever 21.

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