 All of APSA's properties were at least 96% leased.PASA's debt in Argentina was reduced from over $200 million in 2002 to about $28 million in 2003.In a 2005 article, "La Capital" proclaimed that PASA had "woken up", with its three Chilean malls fully occupied, the success of "Boulevard Gastronómico", a strong financial structure, many new projects for the next two years, and intentions to enter the retail market.