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Orchard Street bolsters team with appointment of Paul Nicholson as Retail Asset Manager

Orchard Street Investment Management has strengthened its retail team with the appointment of Paul Nicholson as asset manager. In his new role, Nicholson will form part of the team responsible for managing Orchard Street’s £1.2 bn retail portfolio, mainly comprising of dominant retail parks and ‘bulky goods’ anchored outlets,...
Tuesday, 2. April 2019

Neinver reports outlet sales growth to over €970 million

Neinver has reported sales growth across its outlet portfolio in 2018. Total sales reached €971 million, a 3% like-for-like increase compared to the previous year. The company welcomed 42.3 million visitors across the 15 outlet centres in Spain, Italy, France, Germany and Poland. The solid year-end figures for the centres man...
Tuesday, 26. February 2019

Savills IM pays €300m for two French assets in debut outlet deal

Savills Investment Management to announce the acquisition of two McArthurGlen designer outlet centres in France. Located in Troyes and Roubaix, the assets were acquired from real estate funds managed by Ares Management Corporation and from McArthurGlen for a price approaching €300 million.
Thursday, 31. January 2019

The 23rd annual Mapic awards winners announced

The winners of the 2018 Mapic Awards were revealed tonight at the 23rd annual awards ceremony. Organised by Reed Midem, the international retail property fair is currently being held in Cannes from 14 to 16 November. The winners were selected for the first time this year in Cannes combining delegates’ votes on-site (30%) and ...
Friday, 16. November 2018

Via Outlets commences €29 million expansion plan

Via Outlets continues the transformation of its portfolio across Europe. An extension and remodelling programme of €29 million focussing on three outlets in Sweden, Spain and Poland has just started earlier this autumn to help increase the overall guest experience and better position the outlets as premium shopping destinatio...
Wednesday, 14. November 2018

Jack Wills to open first outlet store in Lincolnshire at Springfields Outlet

Jack Wills is set to open its first outlet store in Lincolnshire at Springfields Outlet in Spalding, in the East of England. Sanderson Leisure and Retail (SLR) has secured the retailer, the scheme’s fourth new signing in as many months. The British-heritage inspired clothing retailer, known for its high-quality wardrobe class...
Monday, 5. November 2018

Zsar opens on November 29

Zsar Outlet Village will open its doors on 29th November 2018 with a full launch planned for the 1st of March, 2019. Zsar's Phase I includes 65 stores with premium brands, including e.g. adidas, Armani, Bagatt, Braccialini, Ecco, Guess, Hugo Boss, Iceberg, Le Creuset, Lindt, Osprey London. The first premium Outlet Village in ...
Wednesday, 24. October 2018

VIA Outlets creates COO and CFO roles

VIA Outlets has announced the appointment of two newly-created senior management positions to join its growing team of experienced real estate professionals. Otto Ambagtsheer joins as Chief Operating Officer and Peter Stals as Chief Financial Officer.
Wednesday, 26. September 2018

Outlet malls grow in popularity with investors

Outlet malls will continue to grow in popularity with investors, as the sector is underpinned by constrained supply and growing demand, offering some of the most attractive risk-adjusted returns in the real estate market, according to TH Real Estate's latest research report Think Global: Outlets. The research highlights that ...
Monday, 24. September 2018

Outlet centre market expanding F&B provisions increases

The UK’s outlet centre market is undergoing significant growth through a mix of new development and expansion of existing schemes, according to international real estate advisor Savills. This is partly being driven by an increase in food and beverage (F&B) provision across all scheme types, doubling since 2011 to an average ...
Friday, 21. September 2018

Neinver and TH Real Estate add Amsterdam The Style Outlets to Neptune portfolio

Neinver and TH Real Estate have acquired a plot of land at Sugar City in Halfweg in order to add Amsterdam The Style Outlets to their joint Neptune portfolio. The centre is now under development and will become the 14th European asset in the portfolio. Amsterdam The Style Outlets, which just finished preparatory works for its...
Monday, 10. September 2018

£100m Glasgow waterfront development moves forward

Peel Lifestyle Outlets has announced the appointment of Savills to its planned £100m (c. €111.6m) mixed-use development at Glasgow Harbour as moves to rejuvenate the Clyde waterfront gather pace. The 350,000 sq ft Lifestyle Outlets Glasgow Harbour is the next phase of the city’s waterfront regeneration project and aims to cre...
Monday, 20. August 2018

Neinver appoints Sebastian Sommer as Marketing and Retail Director Europe

Neinver has announced the appointment of Sebastian Sommer, currently the Group’s Business Development Director and Country Head for Germany, as Marketing & Retail Director Europe. This marks the first time these two areas of the company are joined under the same leadership. In this new joint role, Sommer will lead Neinver’s m...
Thursday, 26. July 2018

Construction to start on McArthurGlen Designer Outlet Cannock

McArthurGlen has confirmed that construction of the £160 million (c. €180 million) designer outlet in Cannock near Birmingham, the country’s second largest city, will commence this month. This new development will create a landmark retail destination and community hub for the West Midlands, which will span 285,000 sq ft of re...
Wednesday, 18. July 2018

Zsar Outlet Village signs Adidas as new tenant

The Zsar Outlet Village has signed Adidas as new tenant. The Sportswear manufacturer will thus join the centre's line-up of brand tenants, when it opens at the end of 2018. Phase 1 will open with 12,000 m² and 65 stores and restaurants. The centre is set to be over 20,000m2 when Phase 2 is completed by 2020. Zsar is now 50% ...
Wednesday, 11. July 2018

Estee Lauder's The Cosmetic Company signs for Springfields Outlet

Sanderson Leisure and Retail (SLR) has announced it has signed The Cosmetic Company Store, part of the Estee Lauder Companies, for Springfields Outlet in Lincolnshire. The retailer is set to open a 1,860 sq ft unit at the 200,000 sq ft Springfields Outlet.
Tuesday, 10. July 2018

Zsar secures investment by Tesi and appoints Simon Cunningham to board

Zsar has received an investement by Finnish Industry Investment Ltd, or Tesi. In addition, the outlet village appointed Simon Cunningham, former COO of Value Retail, as a new member of its Board of Directors. At Value Retail Cunningham was responsible for driving sales of €3 billion in 11 luxury outlet villages located across...
Tuesday, 19. June 2018