The stores will be located in France (Saint-Etienne, Grenoble and Nantes) and Italy (Bologna, Naples, Venice and Turin).
Jean-Marc Jestin, Chairman of the Klépierre Executive Board, said:
“It is with great pride that the Group welcomes these seven new Primark
stores to our malls. These future openings reflect the ability of our
malls to offer the best in retail, in the best locations, with a
strategy of targeted investment. This deal was possible thanks to our
long-standing partnership with Primark”.
Tom Meager, Property Director for Primark said “We are delighted to
announce our continued expansion in Italy and France and look forward to
continuing to build our relationship with Klépierre, who we have
worked with since 2007”.
Primark already has 11 stores in Klépierre’s European portfolio, located in Spain, Portugal, Germany and France.
With this deal, Klépierre and Primark are reaffirming their confidence in large malls to deliver an exceptional retail experience to customers.
