16 April, 2024 | #DatozByDatoz
Grupo Coppel is one of the largest private companies in Mexico. Divided into two lines of business: commercial, through its department stores and e-commerce, and financial services, through BanCoppel, it has accumulated significant real estate infrastructure for its operations, including stores, distribution centers (CEDIS), and other properties.
While the real estate infrastructure mainly consists of leased properties, Grupo Coppel has a subsidiary named Sakly, focused on the acquisition and construction of various properties used by the Group. Sakly has 684 properties, including stores, warehouses, offices, shopping centers, and land.
Coppel plans to invest more than $12 billion pesos (around $726 million dollars) during 2024 for its growth plan, specifically in the opening and renovation of stores, as well as the promotion of renewable energies.
Coppel aims to open more than 100 new stores in its various formats in 2024, which will add to the 1,782 in operation nationwide as of the end of 2023, according to company information. Additionally, it will remodel existing properties.
It is worth mentioning that Coppel has nine different store formats, of which 60% belong to the full format, 28% to Coppel Canadá, and the rest is divided among Coppel Muebles, Coppel Motos, Coppel Ropa, Stores in Argentina, Fashion Market, Coppel Digital, and Coppel Remate.
The company comprises 24 regional distribution centers (CEDIS), 2 import centers, and 155 CEDIS Cruce, to ensure that products reach buyers on time.
The regional CEDIS are in the industrial real estate markets of Mexico City, Monterrey, Aguascalientes, Chihuahua, San Luis Potosí, Tijuana, Culiacán, among others, and have a leasable area of over 100,000 square meters (m2), according to information from Datoz.