Sofidy announced today that it has signed an agreement with Klépierre to acquire O'Parinor, one of the largest shopping centers in northeastern Paris.

Sofidy and Klépierre have agreed on a capital (75% and 25% respectively) and operating partnership to acquire the asset from Hammerson and the Korean fund National Pension Service of Korea (NPS).

Klépierres will be entrusted with the rental and property management of the shopping center, and Sofidy with the management of the companies involved.

Closing of the transaction is planned for early 2024, subject to the usual conditions precedent.

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