Publications

Klepierre to buy Italy’s RomaEst mall for more than €200m
Transactions - MAY 23, 2024

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Klepierre to buy Italy’s RomaEst mall for more than €200m

by Andrea Zander

Shopping center operator Klepierre has plans to acquire RomaEst, which is considered the Italian capital’s second-largest shopping center after Porta di Roma, the country’s biggest mall.

The transaction is expected to close on Friday and is worth more than €200 million ($217 million), according to Reuters.

It would be Klepierre’s second acquisition in less than six months after purchasing O’Parinor in Paris.

With 10 million visitors a year, RomaEst is Italy’s sixth most visited shopping center.

 

Forgot your username or password?