With the purchase of Galleria Borromea, the Supernova Group is consistently continuing its growth course and further expanding its presence in Italy.
The Supernova Group, one of the leading real estate companies focusing on retail properties, is continuing its expansion in Italy with the purchase of the Galleria Borromea shopping center in the greater Milan area. Following the previous acquisitions of the Casetta Mattei shopping center in Rome and La Scaglia in Civitavecchia, Galleria Borromea is now another established location in one of Italy’s strongest economic regions.
“Following our successful ventures in Rome and Civitavecchia, the acquisition of Galleria Borromea in the greater Milan area is the next step in sustainably expanding our presence in Italy. With this property, we are securing an established, high-traffic location in one of Europe’s most dynamic economic regions—while also strengthening our portfolio of high-quality shopping centers focused on everyday needs,” said Markus Pinggera, Managing Director of the Supernova Group.
Galleria Borromea is located in the Milan metropolitan area and has a leasable area of 18,438 m². Around 90 retail units, approximately 4 million visitors per year, and more than 1,500 parking spaces, around two-thirds of which are covered, make the center a highly frequented shopping destination. Long-standing brands include Mediaworld, Piazza Italia, Deichmann, and Contè.
The handover to Supernova has also been positively received by the previous owners: “Following the successful completion of all asset management plans for Galleria Borromea, we are delighted to pass on the reins to Supernova. We are confident that the shopping centre will continue to thrive and serve the local community under their stewardship”, said Aqil Nagji, Fund Manager at Europa Capital.
The transaction emphasizes Supernova Group’s strategic focus on stable, established shopping centers in attractive locations with strong catchment areas. With its combination of a strong mix of retailers, high visitor frequency, and good accessibility, Galleria Borromea fits seamlessly into the company’s long-term growth strategy.
