CPI Europe sells two Italian retail parks

CPI Europe has completed the sale of two retail parks in Italy, Stop Shop San Fior and Stop Shop Terminal Nord Udine.

CPI Europe

This transaction marks the company's full exit from the Italian retail park market and was completed under favourable market conditions as part of its active portfolio management strategy.

The two properties, totalling almost 60,000 m2 of rentable space, include a convenience retail park in San Fior with tenants like C&A and Decathlon, and a larger retail park in Udine anchored by Carrefour.

This sale supports CPI Europe's goal of reducing debt and reinvesting in opportunities with higher growth potential, while also working to modernise and improve the sustainability of its overall property portfolio.

Pavel Mechura, Executive Board member of CPI Europe, said: “The transaction reflects our active portfolio management and supports our capital strategy. Proceeds will primarily reduce debt and fund investments in core markets, particularly the expansion of Stop Shop in Central and Eastern Europe. The Company is currently developing four retail parks in Croatia, with more planned across Serbia, Hungary and Croatia for 2027–2028.”