Rodrigo Clare (Altarea): “We have entered into exclusive negotiations to manage stores in 83 Milan metro stations”

Featured image of the article Rodrigo Clare (Altarea): “We have entered into exclusive negotiations to manage stores in 83 Milan metro stations”

An article by Sophie Baqué

Publication

28 March 2025 à 15h51

Updated on 24 July 2025 à 08h18

Reading time

4 minutes

Publication: 28 March 2025 à 15h51, Updated on 24 July 2025 à 08h18

Reading time: 4 minutes

After winning, with RATP Travel Retail, the tender for the stations in the greater Paris area, the property company Altarea is also preparing to expand in Italy, mind Retail learned. We review the details.

An article by Sophie Baqué

Publication

28 March 2025 à 15h51

Updated on 24 July 2025 à 08h18

Reading time

4 minutes

Publication: 28 March 2025 à 15h51, Updated on 24 July 2025 à 08h18

Reading time: 4 minutes

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In 2024, Altarea recorded €216 million in rental income, up 5.3%, and an occupancy rate of 97.2%. Why is travel retail a strategic focus?

Rodrigo Clare: In 2024, we have successfully rationalised the portfolio around our 5 asset classes (shopping centres, retail parks, leisure shopping, travel retail and mixed projects). We will continue to invest in travel retail, which is at the heart of our development strategy. Altarea currently manages 8 train stations. There are 5 in Italy (Rome, Milan, Tu

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Featured image of the article Sophie Baqué

Sophie Baqué

Featured image of the article Sophie Baqué

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