Retail group Panorama has mandated Savills to sell two shopping centres in Pistoia and Alessandria, northern Italy, according to well-informed market sources. The schemes are said to be worth a total of EUR 80 mln.

Retail group Panorama has mandated Savills to sell two shopping centres in Pistoia and Alessandria, northern Italy, according to well-informed market sources. The schemes are said to be worth a total of EUR 80 mln.

Panorama, part of the Pam Group, opened the Pistoia centre in November 2006. It provides 40 shops in the retail gallery, a 5,000-m2 Panorama hypermarket and 1,400 parking spaces.

The Alessandria centre is anchored by a 10,000 m2 Panorama hypermarket and offers 70 retail units.