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S&P increases Klépierre’s outlook to positive after the RomaEst acquisition

Klépierre, the European leader in shopping malls, today announces the closing of the acquisition of RomaEst, one of the largest malls in Rome.

With a 10 million footfall, it is the 6th most visited center in Italy. Strategically located in a catchment area of 2.2 million consumers, this 97,000 sq.m. GLA scheme is one of the leading retail and entertainment destinations in Italy with 214 national and international banners like Inditex, Primark, JD Sports, Sephora, New Yorker, Mango, H&M…

This is Klépierre’s second external growth transaction of the year and a further stage of the Group’s strategy to strengthen the portfolio while generating additional net cash-flow.

Read the press release