We use cookies and similar methods to offer the best experience to all visitors and to remember their preferences. Please take a moment to review our Privacy Policy. By tapping “accept”, you consent to the use of these methods.
El Palacio de Hierro Announces Grand Opening in Mítikah
The Palacio de Hierro Group will be opening a new store in the Mítikah shopping center in Coyoacán, Mexico City.
Mítikah is the largest development in Latin America. Photo: Mitikah
09/14/2022
The Palacio de Hierro Group has excited shopping enthusiasts by announcing the long-awaited "grand opening" of their new store in the Mítikah shopping center, located in the district of Coyoacán, in Mexico City.
This news has generated great anticipation among consumers, who are eager to be part of this historic moment. The new Palacio de Hierro complex will be an architectural gem, replacing their previous store in the renowned Centro Coyoacán.
It will now be part of the impressive Mítikah development, considered the largest project in Latin America, with an impressive gross leasable area of over 120,000 square meters.
Within this expansive space, visitors will find a diverse and exciting commercial offering, with 280 stores occupied by renowned fashion brands, tempting gastronomic options, and top-notch entertainment.
The project organizers estimate that the Mítikah shopping center will attract between 50,000 and 60,000 visitors daily, establishing it as a must-visit destination in the city. However, Mítikah is not limited to just shopping, as it is part of a mixed-use complex that includes office towers, a medical office building, and a variety of rental and for-sale apartments. Additionally, the opening of a hotel is planned, further enhancing the comprehensive experience for visitors. This acquisition demonstrates FIBRA Uno's commitment to the growth and development of Mexico City, as well as their vision to offer top-notch experiences to residents and visitors.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
Negative Net Absorption in Bajío Retail: Crisis or Mirage?
06/10/2026
FIBRA SOMA’s Business No Longer Fits Inside a Shopping Mall
06/05/2026
Scale as Strategy: FIBRA Monterrey One Step Away from Macquarie
06/01/2026
Mexico’s Automotive Industry is Already Too Large to Relocate
05/27/2026
Mexicali Recycles Space Faster Than It Consolidates Industry
05/25/2026
Transactions
Absorption Falls, Not Demand in Mexico’s Industrial Market
$94M in Lerma: A Deal That Explains FIBRA Prologis’ Growth
Nearshoring
Between Importing and Exporting: Mexico Does Not Substitute Auto Parts, It Needs Them to Export
Hofusan and the Limits of Asia’s Industrial Model in Mexico
Trusted byLeading Publications
Exclusive Access
Join our mailing list for Real Estate News, Events, Insights & Resources.