ECE and SES establish exclusive Joint Venture for future projects in Italy (AT/IT)

Hamburg-based ECE Projektmanagement together with the Austrian SES Spar European Shopping Centers established a Joint Venture for the exclusive development, realization and management of new shopping centers in Italy.

The President of the SES Management Board, Marcus Wild, and the Deputy CEO of ECE, Gerhard Dunstheimer, signed the Memorandum of Association on January 20 in Salzburg. Both companies have an equal share in SES-ECE-Management GmbH with its headquarters in Salzburg, its Managing Directors Marcus Wild and Gerhard Dunstheimer.

The Austrian Spar Group with its subsidiary Despar has been the number one in food retailing in Northern Italy for many years. SES already manages the two shopping centers IPERCITY and Le Brentelle in Padua.

Marcus Wild: "I am sure that we can realize a rapid expansion together. ECE's international network and the strength of both companies on the tenant market as well as our local competence in Italy complement each other excellently." Gerhard Dunstheimer shares that view: "I am pleased about this exclusive partnership, which brings together the competences of two strong shopping center companies and allows a better access to the complex Italian market."

Source: ECE Projektmanagement

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