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Blackstone and Multi Acquire Palmanova Outlet Village and AVM in Italy

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LONDON & AMSTERDAM--(BUSINESS WIRE)--Multi announces the acquisition by Blackstone Real Estate Partners Europe IV of Palmanova Outlet Village, a 22,000 m2 high-quality outlet centre located between Trieste and Venice. The village opened in 2008 and hosts over 90 retailers, including Calvin Klein, Nike, Adidas, Guess and Tommy Hilfiger and generates approximately three million customer visits per year. As a result of this acquisition, Blackstone now owns a portfolio of five upmarket factory outl

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