For Designer Style, It's All Outlet - Value Retail News

ExpaNSiONS
expansions fuel outlet growth
Nine expansions in
the next two years
could add nearly
85,000 m 2 to Europe’s
outlet GLA.
If most of the expansions planned
for existing outlet centers in
Europe open, the industry will
have to thank McArthurGlen for
the increased square footage. The
London based developer, Europe’s
largest, opened three expansions
this year and plans another six in the
next two years. Opening this year for
MCG:
l 7,200-m2 phase 3 at Designer
Outlet Roermond (The Netherlands)
l 5,300-m2 phase 4 at Deisgner
Outlet Parndorf (Austria)
l 4,500-m2 phase 2B at La Reggia
Designer Outlet, Naples c
Planned Expansions to Existing Outlet Centers, 2012-2014
NAME CITy COuNTRy DEVElOPER GlA m 2 GlA sf OPENING
Roses Fashion Outlet Zagreb Croatia dayland Group 8,521 92,030 2012
Designer Outlets Wolfsburg Wolfsburg Germany OCI 8,472 91,500 2012
Veneto Designer Outlet Venice Italy mcarthurGlen Group 6,500 70,200 2012
Castel Romano Designer Outlet rome Italy mcarthurGlen Group 8,000 86,400 2012
Barberino Designer Outlet Florence Italy mcarthurGlen Group 6,000 64,800 2012
Festival Park ebbw Vale Wales, UK Chester Properties 25,000 270,000 2012
asset management
la Reggia Designer Outlet naples Italy mcarthurGlen Group 6,000 64,800 2013
Swindon Designer Outlet Swindon england mcarthurGlen Group 5,000 54,000 2014
Designer Outlet Roermond düsseldorf Germany mcarthurGlen Group 11,000 118,800 2014
9 expansions 5 countries 4 developers 84,493 m 2 912,530 sf
18 InternAtIOnAl Outlet JOurnAl Fall 2011
OCI’s Designer Outlets Wolfsburg, which opened in 2007, has gotten approvals for
an 8,472-m 2 expansion, which will open in 2012.
Source: Value Retail News/International Outlet Journal