Parque Arauco S.A. (SSE:PARAUCO) (Bloomberg:PARAUCO:CI) announces the inauguration of InOutlet Premium in Lúrin. The outlet will bring over 40 local and international outlet shopping brands to the southern part of Lima, Perú.

The modern outlet is located to the south of Lima, on the 32rd km of the Panamericana Sur Highway. Many well-known brands have already opened their stores in the 8,500 m2 GLA InOutlet Premium Outlet, including: Nike, Adidas, Tommy Hilfiger, Kenneth Cole, Calvin Klein, Dunkelvolk, and Marathon. Other openings are planned in the next weeks including stores dedicated to sports, fashion, shoes, eyewear, perfume, purses and home decor.

"We are very excited to become a part of the Lurín community and we look forward to being an important driver of growth in the county in the years to come," said Eduardo Herrera, Country Manager of Parque Arauco in Peru. "Our inauguration gives us the chance to introduce shoppers who live in the southern part of Lima to the InOutlet experience."

Parque Arauco has 814,000 m2 of total GLA in Chile, Peru, and Colombia. The company inaugurated its first shopping center in Chile in 1982, entered Peru in 2005 and Colombia in 2008. The company’s assets include six regional shopping centers, three premium outlet malls and eleven strip centers in Chile; seven regional shopping centers, six neighborhood centers, one premium outlet mall and two stripcenters in Peru; and two regional shopping centers in Colombia as well as a large land bank to support the company’s future growth plans. For more details, visit the company’s website: www.parauco.com.