Centro Commerciale Curno was the Company’s first acquisition in Italy in 1994 and is located on the western edge of the city of Bergamo in the Northern Lombardia region. The centre continues to be one of the Company’s best performing properties, despite increasing competition, due to its strategic position in a wealthy catchment area.
The centre was the subject of a major refurbishment in 2004 and negotiations are underway with the local municipality for extra building rights, an essential prerequisite for an extension.
Visit the Curno website at www.centrocommercialecurno.it
2010/2011 Overview and Performance
Total Lettable Area
36,292m²
Value (€ million)
100.50
Retail/Gallery
15,597m²
Passing Rent
(€ million)
(€ million)
6.60
Hyper (Auchan)
18,195m²
Rental Growth
4.63%
Other
2,500m²
Visitors 2010/11
7.16m
ECP Ownership
18,097m²
Major Tenants
Media World, Passatempo, Cisalfa, Brek
