We are the largest listed Italian group in the retail real estate sector, with a portfolio valued at €2.38 billion, around 93.7% of which is in Italy at 31 December 2019.
We purchase, develop, manage and enhance our properties – primarly shopping malls and hypermarket – with a view to the long term in order to maintain the value of our assets over time.
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In 2019 footfalls at our shopping centers reached around 82 million in Italy and around 29 million in Romania.
Our commercial policies aim to respond to and anticipate changes in consumer trends and lifestyles in order to always find better ways to meet the needs of consumers and retailers.
Restyling and extensions of shopping centers, rethinking of interiors, allow us to interpret these new trends as effectively as possible, as well as consistently find the most attractive and innovative brands and maintain our assets. We are increasingly developing food courts, which are not just eateries, but also places to meet and have fun, as well as personal services, from fitness centers to dental studios. We simplify the daily lives of consumers who shop online by installing lockers where you can pick-up products ordered online.
Our shopping centers are not just places for shopping, but they are veritable “Spaces to be lived in”, which also have an important social role.
We are, in fact, dedicated to: