Simon Property Group Acquires 100% of The Mall Luxury Outlets from Kering

Simon Property Group, a global leader in shopping, dining, and entertainment destinations, has acquired 100% of the companies comprising “The Mall Luxury Outlets” from luxury group Kering. The Mall Luxury Outlets owns and operates two luxury outlet centers under “The Mall” brand, located in Leccio, near Florence, and in Sanremo.

The acquisition marks a significant move in the luxury retail and real estate sectors, further solidifying Simon Property Group’s presence in the European market. The Mall Luxury Outlets are renowned for their high-end retail offerings and strategic locations in Italy.

Chiomenti advised Simon Property Group with a multidisciplinary team led by partner Carlo Croff and coordinated by senior associate Luca Cerciello. The team included associates Nicola Iannone, Maria Petrone, Alessandra Covelli, Ilaria Secchiatti, and Roberto Nolé for corporate M&A and real estate aspects; partners Massimo Antonini and Paolo Giacometti, along with counsel Giuseppe Zorzi and senior associate Giulia Zoppis for tax matters; and counsel Katia Zulberti, senior associate Riccardo Cecatiello, and associate Andrea Oggioni for administrative law matters.

BonelliErede advised Kering with a multidisciplinary team composed of partner Augusto Praloran, senior associate Elena Tellini, and associates Alberto Corsello and Sara Bernasconi for corporate aspects; partner Riccardo Ubaldini, senior counsel Christoff Filippo Cordiali, and associate Matteo Polisicchio for tax matters; managing associate Antonio Giulio Carbonara, senior associate Marina Roma, and Cecilia Didonè for regulatory, urban planning, and environmental law aspects. Partner Francesco Anglani handled antitrust matters, partner Giorgio Frasca advised on banking aspects, and partners Marco Maniscalco and Antonella Negri focused on labor law matters.