DWS Group and OMERS Infrastructure have agreed to acquire 100 percent of Italy’s Grandi Stazioni Retail from Antin Infrastructure Partners, ICAMAP and Borletti Group. Financial terms of the transaction were not disclosed.
Grandi Stazioni Retail manages the entirety of commercial and advertising spaces in 14 of Italy's major railway stations and hubs for the high-speed rail network, which collectively receive more than 800 million visits each year. The stations include more than 800 commercial units, totaling around 190,000 square meters (2 million square feet) of leasable space, and more than 1,800 media assets.
DWS has a strong track record in rail transportation, including its investments in Akiem, Streem and Corelink, as well as in Italian infrastructure via its investments in Gruppo SAVE, Rimorchiatori Mediterranei and Ergéa.
“This acquisition is a testament to our commitment to investing in high-quality infrastructure assets,” said Hamish Mackenzie,