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Neptune to invest over €10M in two of its outlet centres located in Madrid

26 September 2019 – Neptune, a joint venture between NEINVER and Nuveen Real Estate, will invest over €10M in its two largest centres in Spain: Getafe The Style Outlets and San Sebastián de los Reyes The Style Outlets. Neptune’s strategy is to continue boosting growth of its current portfolio of outlet centres in Europe. The refurbishment of both centres is meant to enhance the shopping experience and increase the commercial offer by adding new stores and enlarging some of the current units. “The investment in both centres strengthens Neptune’s strategy to continue increasing the value and performance of our current schemes, even the most successful [...]

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Amsterdam The Style Outlets obtains BREEAM New Construction certification in the design phase

09 September 2019 – Neptune, a joint venture between NEINVER and Nuveen Real Estate, has obtained the BREEAM New Construction certification in the design phase for Amsterdam The Style Outlets in the Netherlands. The outlet centre, whose foundation stone was laid in June of this year for an autumn 2020 opening, is implementing high sustainability standards in line with the JV’s commitment to developing environmentally responsible and efficient projects. Sustainability measures at the centre are focused on providing easy access by public transport, guaranteeing efficiency in energy and water usage, and ensuring the conscientious choice of construction materials. Amsterdam The [...]

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NEINVER reports 8% sales growth across its outlet portfolio in H1 2019

16 July 2019 – NEINVER – a leading investor, developer and operator in the European outlet centre industry and the largest operator in Spain and Poland – has announced that sales across its outlet portfolio grew to €487M during the first half of the year, an 8% increase compared to the same period in 2018. The number of visitors to the 16-outlet-centre portfolio also rose by 3% to 21 million. “Our outlet portfolio has shown a strong performance during the first half of the year in all the markets in which we operate,” said Carlos González, NEINVER’s Managing Director. “In addition to intensive brand and retail management, our growth st [...]

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NEINVER appoints Óscar Mata as Asset Management Director for Spain

Madrid, 2 July 2019 – NEINVER, a Spanish company specialised in investment, development and management of property assets – the largest operator of outlet centres in Spain and Poland – has appointed Óscar Mata as its Asset Management Director for Spain. In his new position, Mata will lead and implement the company’s asset management strategy at the centres NEINVER manages in Spain: six outlet centres – The Style Outlets centres in Greater Madrid (3), Barcelona and A Coruña, and Fashion Outlet Barakaldo in the Basque Country – as well as three retail and leisure parks – Nassica in Getafe, Alegra in San Sebastián de los Reyes an [...]

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NEINVER and Nuveen Real Estate acquire Silesia Outlet in Poland

Warsaw, 27 June 2019 – Neptune, a joint venture between NEINVER and Nuveen Real Estate, has acquired Silesia Outlet in Gliwice, Poland, from 6B47 Real Estate Investors for €31.5M. The new acquisition becomes Neptune’s sixth asset in Poland and the 15th in Europe, including one project under development. Silesia Outlet opened on 27 March this year featuring 12,000 m² and 60 stores of well-known local and international brands including Bugatti, Bytom, Guess, Diverse, Home & Cook, New Balance, Only, Pepe Jeans, Pierre Cardin, Puma, Triumph and Reebok, among others. NEINVER has been in charge of management of the outlet centre since its opening. A second phase is pla [...]