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EurOPE: OPENiNG designer Outlet Luxembourg opens Henderson Global Investors and McArthurGlen officially opened the first phase of the recently renovated and newly named McArthurGlen Designer Outlet Luxembourg on April 14. The 177,000-sf center, on the 199 Route d’Arlon in Messancy, Belgium, is five minutes from both France and Luxembourg and 40 minutes from Germany, with nearly 6 million consumers within a 90-minute drive. McArthurGlen Luxembourg has been totally transformed to improve the overall look of the center, from landscaping and paving, to the facades of the buildings, the street furniture and the awnings, all in keeping with the local architectural style. The new brand mix includes Betty Barclay, Best Mountain, Desigual, JB Martin, Guess, Hunkemöller, Salomon, SIA, Sunglass Time and Lunch Break. McGregor and Gaastra will open in May, and Petit Bateaux towards the end of the year. The center, which opened in 2003, was acquired in 2008 from Invest 22 InternatIOnal Outlet JOurnal SummEr 2011 McArthurGlen and Henderson completely refurbished the 177,000-sf Designer Outlet Luxembourg, which the JV acquired in 2008. Realty for €12 million by Henderson’s European Outlet Mall Fund, in which Henderson and McArthurGlen are coinvestors. A second phase set to open in 2012 will add 20 more tenants, bringing the center to 65 brands and 16,500 m 2 . c A second phase of the center planned to open in 2012 will add 20 more tenants to Designer Outlet Luxembourg. Designer Outlets Luxembourg tenants Betty Barclay Billabong Carven Champion Desigual Dockers Energie Guess Guy Degrenne Home & Cook Hunkemöller Jacques Heim JB Martin Kipling Le Phare de la Baleine Lee Levi’s Lunch Break Miss Sixty Morgan Möve Nike Factory Store Pepe Jeans Reebok Replay Salamander Salomon Tom Tailor Tommy Hilfiger Wrangler
Fashion House Moscow moves forward with leasing, construction Leasing and construction are ahead of schedule for what could be the first outlet center in Russia. Fashion House Group recently said that Russian brand distributor No One Group will open four stores in Liebrecht & Wood’s Fashion House Outlet Centre Moscow, scheduled to open in 2012. The units, which will be branded as Fabi, Baldini, Vicini and Braciallini, will total 485 m2; the lease agreement is for 10 years. “Our Italian partners have been actively developing their full-price retail chains in Russia and were aware of the necessity to develop an outlet offer,” says Aram Manukian, one of the founders of No One Group. “They have already been successfully operating both full-price and outlet stores in Europe for some time, so it was vital that we deal with a group like Fashion House, which has a successful and proven track record in this sector and a thorough understanding of the Russian market.” Fashion House Group, which is part of the Liebrecht & Wood Group, has been developing and operating outlet centers in the CEE for several years. The portfolio currently includes the management of three outlet centers in Poland and one each in Denmark, Switzerland and Romania, plus planned developments in Roma- Fashion House Moscow nia, Serbia, Slovenia and Ukraine as well as a second Russian site in St. Petersburg. One of the planned CEE centers, Fashion House Outlet Centre Belgrade, scheduled to open later this year as the first outlet center in Serbia, is 40 percent leased with tenants that include Adidas, Bata, Miss Sixty, Replay and Timberland. The 324,000-sf project will open in two phases with 55 units in each phase. Back in Moscow, Fashion House has started construction on the 15,833m2 phase 1 of Fashion House Outlet Centre Moscow, which is more than 65 percent leased. Tenants signed up for the first phase include CK Jeans, Carlo arOuNd ThE GlObE Pazolini, Henderson, Levis, Mexx, Miss Sixty, Murphy & Nye, Pinko and Puma. Fashion House is handling international leasing and Magazin Magazinov, a division of CB Richard Ellis, is in charge of domestic letting on the project. Fashion House Outlet Centre Moscow, 12 km from Moscow, on Leningradskoe Shosse, near the Sheremetyevo International airport, will also have a 12,808-m2 second phase. Upon completion, the €97 million center will have 192 outlet units, food court and cafes, 1,865 parking spaces and a children’s play area. GVA Sawyer is the Russian developer of the project. c Promos plans opening for Melilli this summer The 9,600-m Melilli Construction (continued on page 24) 2 (GLA) phase 1 of Melilli Outlet, a Fashion District brand, will open this summer with 104 stores just 10 km from Siracusa, one of the most economically dynamic areas of Sicily. The sweeping project will be part of the Belvedere business district, which already has Auchan Shopping Center, Paradise Acquapark, Decathlon, Media World, a hotel, a sports center, an aquatic park and an office complex. Marketing activities are in place, driven by Max Mara Group’s plans to open its first Diffusione Tessile store in Sicily, expected to be the largest in Italy. Promos S.r.l., headed by Carlo Maffioli, is working alongside the project’s developer, Tecnall, for the marketing and management of the Sicilian outlet project. Tecnall is the owner of the center and the exclusive licensee of the Fashion District trademark in Sicily. Tecnall’s use of the Fashion District trademark marks the first time such a licensing agreement has been put into place in Italy, SummEr 2011 InternatIOnal Outlet JOurnal 23
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