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Outlets

Neinver outlet portfolio grows exceeds €1bn

Neinver has announced another year of robust growth, with sales increases across its 16 outlet centres totalling €1.047 billion in 2019, a 7% like-for-like increase compared to the previous year. Moreover, the centres operated by Neinver welcomed more than 45 million visitors over the course of the year, a 3% like-for-like in...
Thursday, 30. January 2020

Castellum building more facilities for Ahlsell in Gothenburg

Castellum is planning new construction of a second retail outlet for Ahlsell in the Gothenburg region, this time located in Hisings Backa. A 10-year leasing agreement has been signed for the building (Backa 20:5) at Exportgatan 4, comprising approx. 4,600 sq.m. The investment will amount to approx. MSEK 82, including existing...
Friday, 24. January 2020

British “Bicester Village” at the top of the European outlets

Bicester, a small town with almost 33,000 inhabitants in the British county of Oxfordshire, has a history that goes back to Roman times. However, Bicester became nationally and internationally well-known through the outlet centre, which opened in 1995 and since has become one of the most visited tourist attractions in the Uni...
Friday, 17. January 2020

Cushman & Wakefield Poland appoints new Head of Retail Agency

Beata Kokeli has been named as Head of Retail Agency of Cushman & Wakefield Poland. As Head of Retail Agency, Kokeli will lead a team of specialists who draw on their in-depth local and global retail market expertise to deliver integrated advisory services on development, tenant acquisition, strategic marketing and risk manag...
Tuesday, 14. January 2020

A new decade of experience retail dawns across Europe

Today, Unibail-Rodamco-Westfield unveils the ‘Westfield How We Shop: The Next Decade’, its biggest retail trends report to date, which predicts 2025 will be the experience tipping point in retail when more than half of retail space in stores will be dedicated to providing experiences.
Tuesday, 14. January 2020

Puma signs for its first outlet in the capital at London Designer Outlet

London Designer Outlet is adding to its 70 stores, restaurants and coffee shops with the recent signing of German athleisure footwear provider Puma. The 2,365 sq ft store is the company’s first outlet shop in London and will offer its wide range of trainers, sneakers, clothing and accessories.
Monday, 25. November 2019

McArthurGlen Designer Outlet Ashford launches £90m expansion

On Friday, McArthurGlen Designer Outlet Ashford officially launched its 100,000sq. ft. expansion with a ribbon cutting ceremony hosted by Peter Corr, Centre Manager, joined by Rt Hon Damian Green. The expansion strengthens the centre’s position as the South of England’s go-to destination for fashion, food and homeware, with ...
Monday, 11. November 2019

Wagamama to double its footprint at London Designer Outlet

wagamama is set to almost double the size of its restaurant at Wembley Park’s London Designer Outlet (LDO), upsizing from 2,400 sq ft to 4,600 sq ft. The expansion reflects the growing population in the area, which has evolved due to the creation of a dynamic new neighbourhood for North London, which is the largest build-to-r...
Wednesday, 16. October 2019

Savills IM sells The Outlet Stores Alicante for €34m to UBS fund

Savills Investment Management has sold The Outlet Stores Alicante for a total of €34 million to a fund managed by UBS. Initially having a gross leasable area of 35,000 sq m after the acquisition in 2014, The Outlet Stores has been refurbished increasing in size by 4,000 sq m after an extension project in 2018. It is almost 10...
Friday, 4. October 2019

Neptune invests over €10m in Spanish retail portfolio

Neptune, a joint venture between Neinver and Nuveen Real Estate, will invest over €10m in its two largest centres in Spain: Getafe The Style Outlets and San Sebastián de los Reyes The Style Outlets. Neptune’s strategy is to continue boosting the growth of its current portfolio of outlet centres in Europe. The refurbishment of...
Friday, 27. September 2019

Affinity Outlets sign several new lettings across UK centres

Global Mutual has confirmed ten new retail lettings across its four Affinity Outlet centres in Staffordshire, Devon, Fleetwood and Sterling Mills, leasing a combined 21, 526 sq. ft. of retail space. The investor manages all four Affinity Outlet centres in the UK on behalf of Karlin Talke Ltd, comprising a combined portfolio o...
Monday, 16. September 2019

Robert Hitchins and ROS unveil plans for Designer Outlet Cotswolds

Cheltenham-based developer Robert Hitchins Ltd and outlet operating company ROS Retail Outlet Shopping have unveiled plans for Designer Outlet Cotswolds to be built at junction 9 of the M5 motorway in Gloucestershire. The 195,000 sq ft outlet village will be opened in two phases and will feature some 90 retail units, restaura...
Friday, 13. September 2019

Amsterdam The Style Outlets obtain BREEAM certification

Neptune, a joint venture between Neinver and Nuveen Real Estate, has obtained the BREEAM new construction certification in the design phase for Amsterdam The Style Outlets. The 19,000 m² outlet centre, whose foundation stone was laid in June of this year for an autumn 2020 opening, is implementing high sustainability standard...
Tuesday, 10. September 2019

Neinver reports 8% sales growth across its outlet portfolio

Neinver has announced that sales across its outlet portfolio grew to €487m during the first half of the year, an 8% increase compared to the same period in 2018. The number of visitors to the 16-outlet-centre portfolio also rose by 3% to 21 million.
Tuesday, 16. July 2019

Nuveen sells Barberino Designer Outlet near Florence to DWS

The European Outlet Mall Fund, managed by Nuveen Real Estate, has sold the Barberino Designer Outlet, located in Barberino del Mugello - Florence, to DWS for an undisclosed sum. The Outlet is a well-established retail outlet which opened in 2006, with GLA of about 27,000 sq m and a distinctive design which reflects its status...
Tuesday, 16. July 2019

Neinver and Nuveen Real Estate acquire Silesia Outlet

Neinver and Nuveen Real Estate struck another deal in Poland. Neptune, a joint venture between the two companies, has acquired Silesia Outlet on Rybnicka 205 in Gliwice from 6B47 Real Estate Investors for €31.5m. The new acquisition becomes Neptune’s sixth asset in the country and the 15th in Europe, including one project und...
Monday, 1. July 2019