Multi Development has announced that the last phase of its I Petali di Reggio shopping centre has opened. This phase includes six brands from the Inditex group, together with other national and international retailers. The 28,500 m[sup]2[/sup] mall will introduce totally brands into the Northern Italian city of Reggio Emilia, such as Zara, Zara Home, Berskha, Oysho, Pull&Bear and Stradivarius.

Multi Development has announced that the last phase of its I Petali di Reggio shopping centre has opened. This phase includes six brands from the Inditex group, together with other national and international retailers. The 28,500 m2 mall will introduce totally brands into the Northern Italian city of Reggio Emilia, such as Zara, Zara Home, Berskha, Oysho, Pull&Bear and Stradivarius.

I Petali di Reggio is Multi Development's first project to open in Italy. Four other projects are under development in Rome, Palermo, Como and Venice/Mestre. ING Real Estate bought I Petali di Reggio and added the property to the Italian Retail Fund portfolio. The investment value is at approximately EUR 95 mln.