Tuesday, 14 April 2026
CPI Europe AG has completed the sale of two retail parks in Italy, marking its exit from the country’s retail park segment as part of a broader portfolio repositioning strategy.
The divested assets include STOP SHOP San Fior and STOP SHOP Terminal Nord Udine, which together offer nearly 60,000 sqm of gross leasable area. STOP SHOP San Fior was developed in phases between 2017 and 2019 as a convenience-led scheme, while STOP SHOP Terminal Nord Udine, originally opened in 2008, was added to the company’s portfolio in 2022 and ranks among the larger properties within its STOP SHOP platform.
According to the company, the disposal was completed under favourable market conditions and reflects ongoing efforts to actively manage its portfolio. Proceeds from the transaction are expected to be used primarily to reduce debt and support investment in core markets.
CPI Europe indicated that future capital allocation will focus on expanding its retail park presence in Central and Eastern Europe. The company currently has four projects under development in Croatia, with additional schemes planned across Serbia, Hungary and Croatia in the coming years.
The transaction forms part of a wider strategy aimed at lowering leverage while redirecting capital towards markets and assets with stronger growth potential, alongside continued efforts to upgrade and improve the sustainability profile of its portfolio.
