Outlets

Neptune, a joint venture between Neinver and Nuveen Real Estate, has obtained the final irrevocable permit for the development of Amsterdam The Style Outlets in the Netherlands. The outlet centre is scheduled to open in autumn 2020, and construction works are now underway.

Neinver has welcomed 100,000 visitors to Silesia Outlet in Gliwice during the first week since the opening of the centre on 27 March. The most popular day was Sunday with nearly 19,000 visitors.

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,...

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...

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.

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 ...

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...

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...

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 ...

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.

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 ...

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 ...

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...

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...

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...

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...

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% ...

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.