Italian investor Borletti Group and French fund Antin will acquire Grandi Stazioni Retail. The two investors will pay €953m for the operator of commercial space in train stations in Italy and in the main station in Prague and in Mariánské Lázně. Grandi Stazioni is 60 percent state owned through the national railway operator Ferrovie dello Stato, with the remaining 40 percent stake owned by private investment fund Eurostazioni. The new owner will also be assuming the company’s €191.5m in debt. The sale of Grandi Stazioni Retail stirred strong interest from investors such as Lone Star, BC Partners, Terra Firma and Deutsche Asset Management together with ATP and Poste Vita.
