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Klépierre S.A.

Klépierre S.A.

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Publicatie datum 16 mrt 2015 - 07:40
Statutaire naam Klépierre S.A.
Titel Klépierre acquires Plenilunio, a major shopping center in Madrid
Bericht For immediate release Klepierre acquires Plenilunio, a major shopping center in Madrid Paris - March 16, 2015 Klépierre signed an agreement to acquire 100% of Plenilunio from an entity 100% indirectly owned by the Orion European Real Estate Fund III C.V., a real estate fund sponsored by Orion Capital Managers. Pleniliunio is a leading 70 000 sq.m. shopping center located in Madrid. With a large and updated fashion offer, high quality architecture and a prime location, Plenilunio is one of the major shopping center in the region around Madrid where Klépierre already owns two of the most prominent shopping malls: La Gavia (Southeast Madrid) and Principe Pio (Madrid center). This acquisition complements Klépierre's existing retail platform in Spain and enhances its Spanish portfolio profile. This investment is consistent with the strategy to focus investments on leading retail assets in the most growing regions of Continental Europe. Plenilunio has established itself as the dominant urban retail destinatio