From left to right: Sebastian Sommer (Business Development Director NEINVER), Andy Grabner (mayor of Sandersdorf-Brehna), Jens Kahlow (Centre Manager), Fank Westmeier (ITG)
Ticker

NEINVER opens Halle Leipzig The Style Outlets Phase II

NEINVER has officially opened the Phase II expansion of Halle Leipzig The Style Outlets.

This centre is strategically located along the A9 motorway connecting Munich and Berlin, and near strong regional hubs such as Leipzig, Halle and Dresden. In its second anniversary, the first outlet centre in Central Germany has increased its gross leasable area (GLA) by 60 percent with the addition of 7,000 sq m, taking the centre’s total commercial space to 18,000 sq m.

The completion of Phase II of Halle Leipzig The Style Outlets, a centre that opened in 2016, brings the number of stores to 75. The 30 new shops include brands such as Esprit, Skechers, Triumph, O’Neill, Brax, Sunglass Hut, Odlo, Cecil, Street One, Blank Home and the Italian restaurant Pizza Innovazione. These will join the centre’s exclusive mix of international and German brands including Adidas, Nike, Guess, Jack Wolfskin, Levi’s, Desigual, Marc O’Polo, Gant, and Daniel Hechter. In addition, as part of The Style Outlets’ commitment to local art, the centre has added an art gallery where local artists can exhibit their works.

Since its opening in April 2016, Halle Leipzig The Style Outlets has welcomed more than two million visitors and has seen double-digit growth in both footfall and sales. Moreover, the expansion creates an additional 250 jobs, increasing the total number of positions in the centre to more than 500.

Halle Leipzig The Style Outlets
Halle Leipzig The Style Outlets. Image: Neinver

Carlos González, NEINVER’s Managing Director, says, “The opening of Halle Leipzig The Style Outlets Phase II strengthens our commitment to ongoing enhancement of the shopping experience in our portfolio and continual performance improvement. It is part of our expansion strategy in the outlet sector, in which we already operate 368,000 sq m of GLA and are opening a new centre in Prague in May. It also reinforces our presence in Germany, a key market for the company.”

Sebastian Sommer, Country Head Germany at NEINVER, says, “This is an important milestone. The centre has shown two years of excellent performance. Now this new phase gives us the opportunity to further enhance its attractiveness with a greater diversity of retailers, including relocation of some of our brand partners into bigger shops, and the addition of more leisure options, thus bolstering the centre as a destination.”

The opening of the Phase II extension strengthens NEINVER’s strategy of expanding its brand The Style Outlets in the European outlet sector, where it currently manages 18 centres and 368,000 sq m of GLA, including new projects in Prague, Amsterdam and the French Alps.

 


Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.


 

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

JSE-listed EPP outperforms in 2018

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

CEO Wereldhave Dirk Anbeek to step down

The Supervisory Board of Wereldhave NV announces that Dirk Anbeek, CEO of the Company, will leave Wereldhave after ten years per April 1, 2019, having accepted a position elsewhere, outside the real estate sector.

Good momentum for the new business year

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.

Kintyre appoints Guido Beddig to senior management team

Kintyre, the Frankfurt based investor and real estate manager, has announced the appointment of Guido Beddig (50), a well-known and experienced asset and property manager, to its senior management team.

BNP Paribas Real Estate and the company EHL Immobilien GmbH signed an alliance contract in Austria

BNP Paribas Real Estate has strengthened its European presence by signing an alliance contract, regarding Advisory services (Transaction, Consulting, Valuation) and Property Management, with the Austrian real estate company EHL IMMOBILIEN GmbH, headquartered in Vienna. Founded in 1991 and managed by Michael Ehlmaier, EHL IMMOBILIEN GmbH employs 193 people, based mainly in Vienna.

SIGNA ACQUIRES GÄNSEMARKTPASSAGE IN HAMBURG

SIGNA has acquired Gänsemarktpassage in Hamburg from MEAG, the asset manager of Munich Re and ERGO.