Carmila Italia and New Princes entrust former Carrefour centres to Svicom

Carmila Italia has appointed the company to manage the centres Svicom, following the transfer of the national subsidiary of Carrefour under the aegis of NewPrinces.

The property group, listed on Euronext Paris and excluded from the sale process to the Mastrolia Group, develops the shopping-centre galleries of Carrefour centres in France, Spain and in Italy, totalling 251 assets.

It is worth recalling that the outcome was different for Carrefour Property Italia (hypermarket management), which became Princes Property Spa.

Eight centres with seven GS stores

Svicom won the contract following a tender involving some of the sector’s leading operators. The mandate covers eight malls, spread across Lombardy, Veneto, Piedmont and Tuscany, with a total usable floor area of 192thousand sq m and more than 300 tenants.

The contract includes the management, leasing and technical services for the following retail complexes, now shared with New Princes: Centro Brianza (Paderno Dugnano, Milan), Centro Gran Giussano (Giussano, Monza Brianza), Centro La Porta di Ivrea (Burolo, Turin), Centro Montecucco (Turin), I Viali Shopping Park (Nichelino, Turin), Centro Vercelli, Centro Commerciale Thiene (in the Vicenza area) and Centro MareMonti (Massa).

In all but one, the anchor food retailer is now a large Carrefour store, therefore destined to become a GS store.

At Thiene, however, in the summer of 2021, the French group sold the hypermarket to Tosano.

Carmila reorganises

Why this decision? “Following a group-wide reorganisation, Carmila undertook an assessment of the activities related to managing its shopping centres, choosing to rely on sector specialists — explained Maryse Beucher, CEO of Carmila Italia —. In this context, we identified Svicom, the market leader with established experience and recognised professionalism, as the most suitable partner.”

As a result, the scope of operations of Milan-based Svicom exceeds the threshold of 400 assets under management across the country, around 60% in retail, with a total managed area of more than 4 million square metres.

Carmila Group, 2025 growing sharply

Just yesterday, 18 February, Carmila, founded in 2014 by Carrefour and several major institutional investors, presented its consolidated results 2025.

Net rental income reached 403,1 million euros, up by8,8 per cent; organic growth stood at 3,5%, an increase of 110 basis points; the increase in investments recorded +5,3, also thanks to the successful integration of Galimmo (52 shopping centres branded Cora, acquired for 93% in 2023).

The change relating to innovation processes contributed 27 million euros torecurring profit, generating a positive delta of 14 per cent. TheEBITDA rose to 344,5 million euros (+9,8%).

This content was translated with the assistance of artificial intelligence.