Los Faros de Panama Mall Group is an established Spanish property development company which stands out for its capacity to undertake unique real estate developments in Spain, Panama and Mexico.

It has become a point of reference thanks to the unique projects it undertakes which are located in preferential areas which are distinguished by extraordinary design, excellence, and sustainability as their key elements.

Company history

Mall Group began life developing shopping malls and other commercial ventures and during the 1950s, engaged in the development of homes on a smaller scale and in the auxiliary industry for construction. Today, that corporate project has shaped a solid group, with strong national and international presence, which has managed to create its leading position within the Spanish real estate sector thanks to the excellence achieved by its projects. The company, which consists of 180 professionals, has diversified its core businesses and has undertaken an intense expansion in international markets. Presently, Mall Group is divided intro four main divisions, perfectly defined and considerably specialised: Hogalia, Hogalia Internacional, Hogalia Patrimonial and Inmoptions. Through these divisions Mall Group engages in the different segments of the real estate sector where it manages, develops and sells residential and commercial products ranging from residential projects with golf courses and marinas as well as commercial projects like hotels, beach resorts, shopping centres and industrial business parks.

Corporate values

The company’s corporate philosophy, which has continuously grown over the last 50 years, is based on a firm conviction: to make quality the predominant value in all its projects.

The determination that has always prompted Mall Group has not only been to increase its turnover, but also to strive to do things properly, the company’s personal hallmark also shown through its corporate values which are:

  • EXCELLENCE: Achieved through the meticulous approach to detail that the different technical teams apply in their supervision of the projects guarantees the quality of we do.
  • SINGULARITY: We only undertake developments with a high distinctive element, located in preferential areas.
  • EXPERIENCE: Over half a century of existence and a great number of projects answer for our work.
  • INNOVATION: The research & development department studies the most revolutionary materials and processes and implements them in our projects.
  • SUSTAINABILITY: All our projects meticulously respect the environment.

Geographical expansion

Over the last years, Mall Group has exponentially grown as a result of the diversification of its core businesses. Today, the company is has a significant presence globally and has offices in United Kingdom, Ireland, Germany, Italy, Spain, Denmark, Russia, USA, Canada, Mexico, Panama, Argentina, and Venezuela.

As part of its strategic expansion plan, in the coming years it will continue to open offices in more European countries, extend its coverage of the USA, Canada and South America and finally to Middle East and South East Asia.

Strategic alliances

Mall Group has established important alliances with leading real estate companies and agencies in each of the countries it operates out of, which favours the exchange of knowledge and guarantees a high level of quality in all the processes and actions that the company executes.

Likewise, Mall Group and the constructors Realia have worked together extensively and created some of the most emblematic residential projects in Spain. Together with Sonae Inmobiliaria, Mall Group has created and funded a company called Proyecto Park, which presently develops shopping centre and together with Celuisma it undertakes the development and management of luxury hotels in the national and international markets.

Environmental commitment

In Mall Group we commit ourselves to the preservation of the natural environment, because we truly believe that it is our duty to protect the natural resources. Within this framework, Mall Group has already undertaken several projects to recover the natural environment and regenerate impoverished urban areas. Some of these projects are located in the Asturian city of Gijón.

The regeneration of the Arbeyal beach, which up to that point had been used as a shipyard, the transformation of an obsolete industrial estate into a residential and leisure area, or turning impoverished areas into a magnificent residential space with transport infrastructure and services, to mention just a few examples.

Furthermore, Mall Group believes in fulfilling its commitment to society and to that end we are proud to hand over private spaces to create leisure areas or to improve urban accesses. Likewise, we pay special attention to ensure that our conduct contributes to a sustainable development which minimizes the impoverishment of the ecosystems that we develop in.

Before starting a project we assess the environmental impact which allows us to limit the any risks to that environment, we control noise pollution, we reduce the production of inert waste, we try to select materials indigenous to that environment. Finally, we take measures for energy saving and we create green areas, amongst other actions. This is Mall Group, a sympathetic group that considers all that it affects.