Supernova expands Italian portfolio with two shopping centre deals

Real estate company Supernova is continuing its growth in Italy by acquiring  Le Isole Shopping Center in Gravellona Toce, Piedmont, and Centro Commerciale Buonvento in Benevento, Campania.

Centro Commerciale Buonvento

Le Isole Shopping Center, situated in Gravellona Toce about 40 kilometres from the Swiss border, is uniquely positioned in a popular leisure and tourism region of Northern Italy. Surrounded by the scenic lakes Maggiore and Orta, natural parks, and the cities of Verbania and Omegna, the centre attracts both residents and tourists year-round.

This two-level shopping centre spans approximately 17,227 m2 of gross lettable area (GLA) and houses 55 retail stores and 8 food and beverage outlets. It offers a diverse range of fashion, footwear, accessories, jewellery, optics, dining, and leisure options. The property also features expansive outdoor spaces and a green park along the Strona River, making it a destination for shopping, relaxation, and community activities.

The second acquisition, Centro Commerciale Buonvento, is located in Benevento, a lively city in Southern Italy known for its rich culture, educational institutions, and strong regional identity. This centre provides approximately 17,940 m2 of GLA and is anchored by a Conad supermarket, along with 48 retail stores and 2 restaurants, serving customers from Benevento and its surrounding region.

With the addition of Le Isole Shopping Center and Centro Commerciale Buonvento, Supernova continues to expand its European footprint, emphasising sustainable growth, long-term value creation, and improving retail destinations that serve as vital community hubs.

Markus Pinggera, managing director of Supernova Group, stated: “These acquisitions represent another important milestone in our growth journey in Italy. Both assets are well-established retail destinations with strong market positions, attractive tenant mixes, and excellent connections to their surrounding communities. We see significant long-term potential in both locations and look forward to further strengthening their role as vibrant regional hubs for shopping, dining, and social interaction.”