SES Spar European Shopping Centers to acquire IL GRIFONE.

SES Spar European Shopping Centers, a shopping center operator, agreed to acquire IL GRIFONE, a shopping center. Financial terms were not disclosed. “With IL GRIFONE, we are expanding our portfolio to include a well-established mall. We are doing all we can alongside the local team to project this prime location into the future. We obviously want to further develop the experience-oriented dimension and enhance the quality of stay in the mid-term. IL GRIFONE is a perfect fit for us and the ideal complement to our two Italian shopping centers IPERCITY and LE BRENTELLE in Padua," Christoph Andexlinger, SES Spar CEO.