Svicom Secures Management of Carmila Italia and NewPrinces Group Retail Portfolio

Milan, Italy – February 20, 2026 – Svicom SpA Società Benefit has been selected to manage the retail portfolio of Carmila Italia and NewPrinces Group, following a competitive tender process. The agreement encompasses eight shopping centers located in Lombardy, Veneto, Piedmont, and Tuscany, totaling 192,000 square meters of gross leasable area (GLA) and hosting over 300 tenants.

Strategic Shift for Carmila Italia

This decision follows the transition of Carrefour’s national branch under the NewPrinces umbrella. Carmila Italia, listed on Euronext Paris, opted to outsource the management of its shopping centers to a specialized operator. According to Maryse Beucher, CEO of Carmila Italia, the company undertook an evaluation of its shopping center management activities and determined that partnering with a specialist was the optimal approach. “We identified Svicom, a market leader with consolidated experience and recognized professionalism, as the most suitable partner,” Beucher stated.

Portfolio Details

The portfolio includes the following shopping centers:

• 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 (Vicenza area)
• Centro MareMonti (Massa)

Transition of Carrefour Hypermarkets to GS

With the exception of the Centro Commerciale Thiene, which transitioned to Tosano in 2021, the anchor food stores within these centers are currently Carrefour hypermarkets, slated to become GS supermarkets.

Svicom’s Expanding Footprint

This acquisition elevates Svicom’s total assets under management to over 400 properties nationwide, with approximately 60% dedicated to the retail sector, encompassing over 4 million square meters of managed space. Letizia Cantini, CEO & General Manager of Svicom, expressed gratitude for the opportunity, highlighting the firm’s extensive experience in retail real estate.

Carmila’s 2025 Performance

Carmila, the third-largest shopping center operator in Europe with approximately €6.7 billion in assets, recently reported strong 2025 results. Net rental income reached €403.1 million, an 8.8% increase, with organic growth at 3.5%. The company’s EBITDA also rose to €344.5 million, a 9.8% increase.

Key Takeaways

• Svicom has secured a significant retail portfolio management contract from Carmila Italia and NewPrinces Group.
• The portfolio comprises eight shopping centers across Northern Italy, totaling 192,000 sqm.
• Carmila’s decision reflects a strategic shift towards specializing in shopping center development and relying on external expertise for management.
• Svicom’s assets under management now exceed 400 properties, solidifying its position as a leading retail real estate manager in Italy.