Klépierre is Europe’s second-biggest publicly traded mall operator. Credit: MacroEcon via Shutterstock.

France-based real estate investment trust Klépierre has secured its acquisition of Italian shopping mall RomaEst.

With an annual footfall of 10m, it is the 6th most visited shopping centre in Italy and strategically located in a catchment area of 2.2m consumers.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The 97,000m² mall is one of Italy’s leading retail and entertainment destinations with 214 national and international retail brands including JD Sports, H&M, Inditex, Mango, Primark and Sephora.

The acquisition is Klépierre’s second external growth transaction of 2024 and is part of the group’s strategy to strengthen its portfolio while generating additional net cash flow.

Capital market company S&P [Standard and Poors] increased Klépierre’s outlook from stable to positive and revised its assessment of Klépierre’s liquidity profile from average to strong following the deal.

Fitch Ratings has also confirmed its A-rating of Klépierre’s senior unsecured debt with a stable outlook, highlighting rent increases, stable occupancy and geographic diversification.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Klépierre is Europe’s second-biggest publicly traded mall operator. As of December 2023, the company’s portfolio is valued at €19.3bn and is spread across more than 10 companies in Continental Europe.

The company’s investment in RomaEst reflects Italy’s strong retail market, which is estimated to grow at a compound annual growth rate of more than 2% by 2027.