KLÉPIERRE ANNOUNCES THE ACQUISITION OF A MALL IN ITALY

02 Jan 2026 18:35 CET

PRESS RELEASE
KLÉPIERRE ANNOUNCES THE ACQUISITION OF A MALL IN ITALY

Paris – January 2, 2026

Klépierre, the European leader in shopping malls, with an exclusive focus on continental Europe, announces the closing at the end of 2025 of the acquisition of Casamassima, the leading mall in the Bari metropolitan area of 1.4 million inhabitants. The mall records an annual footfall of 7.5 million, with a loyalty rate exceeding 90%, a testament to the asset’s unique market position in the catchment area.

The Casamassima shopping mall is part of the largest retail destination in the Apulia region with 100,000 sqm of retail and leisure, including Spazio Conad as food anchor, Leroy Merlin, Decathlon, MediaWorld, Sephora, Foot Locker, Rituals and a 9-screen movie theater. The fashion segment is anchored by a flagship Zara store, the only Primark in the Apulia region, Bershka, Stradivarius and Pull & Bear.

This transaction aligns with the company’s Business-to-Business roadmap, in accompanying the extension of category killer international retailers. Further strengthening Casamassima’s retail mix, several brands have committed to expanding their presence, including with new flagship stores while Klépierre will refurbish the center to further improve the customer experience.

By joining Klépierre, Casamassima will benefit from the leading mall platform in southern Europe allowing to enhance the operational performance through reversion, retenanting and the introduction of mall income. Klépierre aims to generate a high single-digit cash return on this investment as early as year 1.

ABOUT KLÉPIERRE

Klépierre is the European leader in shopping malls, with an exclusive focus on continental Europe. The Company’s portfolio is valued at €20.6 billion at June 30, 2025, and comprises large shopping centers in more than 10 countries in continental Europe which together host more than 700 million visitors per year. Klépierre is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes. It is also included in ethical indexes, such as CAC SBT 1.5, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and features in CDP’s “A list”. These distinctions underscore the Group’s commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.
For more information, please visit the newsroom on our website: www.klepierre.com

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