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Final permit for the development of Amsterdam The Style Outlets

Neptune, a joint venture between Neinver and Nuveen Real Estate, has obtained the final irrevocable permit for the project in the Netherlands.

This development will create a landmark retail destination in the Netherlands. The outlet center will feature 115 stores set across 19,000 sq m GLA with premium Dutch and international brands and a high-end environment inspired by traditional Dutch architecture. It will be strategically located in the Randstad, one of the wealthiest and most densely populated regions of Europe, 10 minutes away from Amsterdam Schiphol Airport and with easy access to the Dutch capital and Haarlem. The opening of the center in autumn 2020 will create around 600 direct jobs onsite. Amsterdam The Style Outlets is being developed in accordance with high sustainability standards, and the centre is in the process of earning BREEAM certification.

Carlos González, Managing Director of Neinver, commented: “The granting of the final permit reaffirms the strong positives of this unique project. Amsterdam The Style Outlets will become the first outlet center in the Randstad, the economic heart of the Netherlands. This high-end outlet scheme will further energise this growing destination, strengthening the tourism appeal of the area and complementing the local offer”.