Antin Infrastructure Partners, ICAMAP, and Borletti Group announce the sale of Grandi Stazioni Retail to DWS and OMERS
Antin Infrastructure Partners, ICAMAP, and Borletti Group announce the sale of Grandi Stazioni Retail to DWS and OMERS
08/06/24, 3:51 PM
Location
Industry
advertising
marketing
Antin Infrastructure Partners, ICAMAP, and Borletti Group have signed an agreement to sell Grandi Stazioni Retail (GSR) to DWS and OMERS. GSR, headquartered in Rome, operates the long-term leasehold providing exclusive rights to the commercial leasing and advertising spaces of the 14 largest Italian railway stations. Under the ownership of Antin, ICAMAP, and Borletti Group, GSR has been transformed to create a unique visitor experience, made substantial contributions to enhance public spaces around historic city centers, significantly invested across the network, managed and repositioned commercial spaces, introduced innovative, high-quality brands and services, and delivered meaningful growth through commercial innovation and improvement of the stations’ commercial areas and media advertising assets. The transaction is expected to close in Q4 2024.
Company Info
Company info
OMERS (Ontario Municipal Employees' Retirement System) is one of Canada's largest defined benefit pension plans, with over $114 billion in net assets. It provides a comprehensive and secure retirement income to its over 461,000 members. OMERS invests and administers pensions for present and future municipal employees.