Kering and Simon® Announce The Completion Of The Sale Of 'The Mall Luxury Outlets'
Portfolio Pulse from
Kering has completed the sale of The Mall Luxury Outlets to Simon Property Group. The transaction involves two luxury outlet destinations in Italy.
January 30, 2025 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Simon Property Group has acquired The Mall Luxury Outlets from Kering, expanding its portfolio of luxury shopping destinations.
The acquisition of The Mall Luxury Outlets by Simon Property Group is likely to positively impact SPG's stock as it expands its luxury retail offerings, potentially increasing revenue and market presence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90