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Sales rose by 10% to €952.29 million at NEINVER-managed outlet centres

Madrid. 20th March 2015– The outlet centres managed by NEINVER in six European markets ended 2014 with positive figures for both sales and visits. The 15 centres attracted more than 41.48 million visitors, up 5% from 2013. Sales rose by 10% to more than 952.29 million Euros. “Our operating indicators have steadily increased over the last 10 years. This reinforces our management model as a key element to increasing the properties’ value in the long term. The retail industry and particularly the outlet sector, which has built itself into a fundamental sales channel in the brands’ distribution strategies, require of a highly specialized management for successful resul [...]

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NEINVER and Colony Capital acquire close to110,000 sq. m of logistics assets in Spain and Portugal

Madrid. 28th January 2015. NEINVER, a Spanish company specialised in property development, investment, fund management and property asset management, and COLONY CAPITAL, a global real estate investment firm, have signed an agreement to form a joint venture to acquire logistics assets in European markets with special focus in Spain and Portugal. NEINVER and Colony Capital have completed their first joint acquisition by entering a sale-and-leaseback (SLB) transaction. The portfolio comprises 16 logistics with close to 110,000 sq. m in different locations in Spain and Portugal. NEINVER and Colony were advised by Aiga Investments for this transaction and Aguirre Newman was the [...]

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NEINVER and TIAA Henderson Real Estate create strategic partnership

NEINVER and TH Real Estate, on behalf of TIAA-CREF, have formed a strategic partnership to create a leading designer outlet platform in Europe, bringing together two well established players within the niche outlet mall sector. The joint venture will invest in a number of outlet malls focusing initially on NEINVER’s existing portfolio and development pipeline across Europe. NEINVER will continue to provide its specialist and dedicated asset management and operational skills across the portfolio. The partnership – a 50:50 exclusive shareholders joint venture agreement - has commenced with TH Real Estate’s acquisition of a 50% stake in Roppenheim The Style Outlets, in Franc [...]

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NEINVER is the first European retail property company to earn ISO 50001 certification for all the centres it manages

Madrid. 12 November 2014. NEINVER, one of Europe’s leading property developers, investors and management companies, has obtained ISO 50001 energy efficiency certification from the German certification firm TÜV Rheinland, thus becoming the first company in the European retail property industry to earn certification based on this standard for all the centres it managed prior to September 2014.* At an event held at NEINVER headquarters in Madrid, TÜV Rheinland’s Country Manager for Spain, Isabel Torres, presented the ISO 50001 certificates to Eduardo Arranz, NEINVER Business Improvement Manager, and to Mónica Delgado, NEINVER’s CSR Director. Torres emphasis [...]

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The Style Outlets centres in Madrid increase sales by 6.76% in first half of the year

Madrid. 22th September 2014. One year after NEINVER spent more than €5 million to remodel the three outlet centres it manages in the Greater Madrid area, all three show significantly improved key indicators. The Style Outlets centres in Las Rozas, Getafe and San Sebastián de los Reyes have improved their figures for foot traffic, sales and frequency of visits. For this six-month period, the number of visitors at the three centres increased by 9.28% compared to the same period in 2013, surpassing 5 million visitors. Meanwhile, sales rose by 6.76% compared to the first half of last year. The frequency of visits (the number of times the same person visits the ce [...]

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