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Outlets

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

Neinver opens first first outlet centre in Prague

Neinver has opened Prague The Style Outlets, its first outlet centre in the country and the 16th centre in the company’s expanding portfolio, which totals 300,000 m² of gross leasable area (GLA) . The centre features over 100 stores in 20,000 m² of GLA. The new centre is part of a joint venture between Neinver and The Prague ...
Thursday, 24. May 2018

Neinver opens Halle Leipzig The Style Outlets Phase II

Neinver has officially opened the Phase II extension of Halle Leipzig The Style Outlets. The first outlet centre in Central Germany, which is also celebrating its second anniversary, has increased by 60 percent its GLA with the addition of 7,000 m², taking the centre’s total commercial space to 18,000 m².
Friday, 20. April 2018

McArthurGlen appoints Shaeren McKenzie as Chief Brand Officer

The McArthurGlen Group has announced the appointment of Shaeren McKenzie, currently Group Marketing Director, as its first Chief Brand Officer. In this newly-created role, McKenzie will focus on developing McArthurGlen’s consumer proposition, working in close cooperation with the company’s luxury and fashion brand partners, ...
Tuesday, 17. April 2018

McArthurGlen appoints Shaeren McKenzie as Chief Brand Officer

The McArthurGlen Group has appointed Shaeren McKenzie, currently Group Marketing Director, as its first Chief Brand Officer. In this newly-created role, McKenzie will focus on developing McArthurGlen’s consumer proposition, working in close cooperation with the company’s luxury and fashion brand partners, and developing and a...
Monday, 16. April 2018

Invesco acquires Outlet Centre on Brenner Mountain Pass

Invesco Real Estate (Invesco) has acquired the Outlet Center Brenner on behalf of one of its German separate clients. The factory outlet centre is located directly on the “Brenner Pass”, the Alps mountain pass on the border of Italy and Austria; the most frequented connection between Germany and Italy. The asset has been purc...
Friday, 6. April 2018

Neinver sets opening date for phase II of Halle Leipzig The Style Outlets

Neinver has set 19 April as the opening date for the Phase II expansion of Halle Leipzig The Style Outlets. Construction works are on schedule and progressing rapidly, and the extension will be completed in time for the second anniversary of the centre. Phase II will open under the management of Jens Kahlow, recently appointe...
Wednesday, 4. April 2018

NewRiver REIT to re-develop UK leisure park from 2023

NewRiver announced last week that it has been appointed by Basingstoke and Deane Borough Council as its nominated developer to bring forward the risk-controlled redevelopment of a 66 acre leisure park in a prominent location in Basingstoke in close proximity to junction 6 of the M3 motorway.
Wednesday, 28. March 2018

The new center of Łódź gets a building permit

Ghelamco Poland has obtained a valid building permit for the New Center of Łódź development project, which was presented at the Łódź stand at MIPIM fair in Cannes. The project will comprise of walkways for pedestrians with cafes and restaurants, a hotel, offices, and apartments, and will be located between the newly built Łód...
Friday, 16. March 2018

Savills IM launches successor European Retail Fund

Savills Investment Management has launched its Europe V - Retail Fund and announced the first closing. The fund will invest in local shopping centres, retail parks, designer outlet centres, high street and other retail assets across Europe. “We anticipate that the next 12 to 18 months will present some highly attractive buyin...
Tuesday, 13. March 2018

Neinver reports growth to €917 million across the outlet portfolio

Neinver continues delivering year-on-year sales and footfall increases across its outlet portfolio. In 2017, the company recorded over €917 million in sales, a 5% like-for-like increase compared to the previous year, and welcomed more than 41.7 million visitors across its portfolio of 15 outlet centres in Spain, Poland, Franc...
Monday, 26. February 2018

Apleona wins management and letting contracts for three retail properties

On behalf of regional investors, Apleona is taking on property and centre management and letting of the retail space in three Turkish shopping and outlet centres. The centres are Akyaka Park Shopping Centre and Olivium Outlet Centre, both located in Istanbul, and MarkAntalya Shopping Centre in Antalya in the southwest of the ...
Monday, 19. February 2018

Cheshire Oaks designer outlet starts construction on new phase

McArthurGlen designer outlet Cheshire Oaks construction on the much anticipated 40,000 sq ft. extension will begin in February, marking an exciting new chapter for the UK's largest designer outlet owned by TH Real Estate. The new phase will introduce an additional 25 new premium fashion and food and beverage brands, bringing ...
Friday, 9. February 2018