Outlet Centres in Europe

MARKET SURVEY

March 2015 Outlet Centres in Europe

Market Survey covering all operating and planned Outlet Centres in the European Countries

Study within the Scope of ecostra’s Basic Research

understanding markets | evaluating risks | discovering chances

Preliminary remarks Beginning in the USA and, over the past 25 years, subsequently spreading in Europe as well, a new retail format has been established: the Factory Outlet Centre (FOC) or Designer Outlet Centre (DOC). In the meantime, such a high density of Outlet Centres already exists in some European countries (e.g. Great Britain), that one can certainly speak of market saturation here. Thus, in Great Britain, as in the USA also, a market shakeout is observable among locations of Outlet Centres, whereby the most professional operators, and accordingly suitable locations, win out over less productive concepts or locations with weaknesses.

The situation in continental Europe is somehow different. Due what are, to date, extremely restrictive building permission procedures compared to those in the rest of Europe, Germany has only a very few Outlet Centres in relation to the size of this national market. However, there is little doubt that this will change in the medium-term perspective, at least. The kind of emotional argument that often used to take place until just a few years ago has now given way to a much more factual discussion on the advantages and disadvantages of establishing an Outlet Centre.

Whereas Germany still shows a lot of potential for new Outlet Centres, Italy has seen a rapid development in the last years, and it’s difficult to discover any “white spots” on the map there. The same applies to Switzerland and Austria. In the Central and East European Countries (CEE) the development took up pace but slowed down again in the aftermath of the credit crunch. So still there are significant differences on the development of Outlet Centres and the numbers of such centres in the European countries.

For more than 8 years now, ecostra is publishing this survey on Outlet Centres in Europe. Gathering reliable market-data requires a clear definition of the subject of investigation. Starting with the December 2014 issue, ecostra adapted the definition to new developments in the outlet markets, in particular the up-coming outlet-hybrids (e.g. Value Centres, Outlet Agglomerations). The new definition of an Outlet Centre is:1

Outlet Centres are an agglomeration of many outlet store units within a coordinately-planned or a spatially-interrelated complex of buildings with more than 5,000 m² retail sales area (= approx. 6,000 m² GLA) and with more than 20 outlet stores. There brand manufacturers and vertically- integrated retailers sell past seasons, factory seconds, surplus stock etc. directly to the consumer, without using retail businesses as (intermediate) distributive channels. All products are sold with a discount to the original high-street price of at least 25 %, whereas double-pricing (“High Street Price” / “Outlet Price”) is ruled by the leasing contract. The marketing targets a supraregional area and above all customers from far away locations are addressed. The coordination, organisation and marketing of an outlet centre is carried out by a centre management.

The overview presented in this survey includes all those centres that are, currently either in operation or planned, that correspond to the above definition of Outlet Centres. For this reason, neither the Seemaxx Factory Outlet Center Radolfzell (www.seemaxx.de), the Lifestyle Outlets Myland Crystallerie Wadgassen (www.myland.eu), the 50 Factory Store in the Italian town of Aosta (www.fifty.it) nor, among other sites, The Mall in Leccio Reggello, close to Florence (www.themall.it) have been included on the list.

At the same time such concepts like Outletcity Metzingen (www.outletcity-metzingen.com) or the recently opened City Outlet Bad Münstereifel (www.cityoutletbadmuenstereifel.com)2 were not covered by the definition above. Following the request of many brand manufacturers, who were on the search for market data and informations for such projects ecostra now presents with “Organized Outlet Agglomeration” (OOA) a definition for such a retail format that does have various features similar to those of an outlet centre but at the same time is different in many aspects. OOA can be distinguished from FOC by the following features:

1 The new elements in this definition are marked in red colour. 2 The City Outlet Bad Münstereifel is the first professionally organized outlet concept using already existing historical buildings in the high streets of a city.

Outlet Centres in Europe – March 2015

 There is no coordinately-planned or spatially-interrelated complex of buildings. Such common features can refer to some sections of the object, but not the whole. This is most obvious by differences in architecture and missing common functional areas, e.g. heating, storage, waste.  There are other uses – e.g. services, retail businesses, gastronomy, flats – located between the outlet stores of the OOA. These premises are not necessarily jointly owned by the investor of the OOA nor are they necessarily leased by the operator of the OOA.  There are public roads, streets and pavements passing through the area where the outlets are located.  Other than a more or less random agglomeration of outlet stores, an OOA does have a centre- management, that is responsible for marketing and sometimes even for leasing of the object.  All other features correspond to those of an FOC (see definition above).

The following survey of existing and planned Outlet Centres and Organized Outlet Agglomerations in Europe is intended to help improve transparency on the retail trade market. This survey is free of charge and is available to everyone without any limitations as a PDF-download at the ecostra-website. The overview has been compiled according to the best of ecostra’s knowledge and is updated approximately every 3 months. Plans, developments or other information disclosed to the author on a confidential basis have not been included in the overview, in consideration of protection of confidence. No guarantee can be given for the completeness or correctness of the said information.

The utilisation of the information printed in this market survey, including of excerpts from it, e.g. as part of one’s own publications, studies, lectures or of other publications, is unreservedly permitted provided www.ecostra.com is cited as the source of the information. Any further use of the said information without acknowledging its source is expressly prohibited and constitutes an infringement of copyright.

Front page This issues front page shows McArthurGlen’s Designer Outlet Center in Noventa di Piave, which is located close to Venice (Italy). The centre opened in September 2008 and was extended in two successive building phases. Currently it does have a retail floorspace of approx. 26,000 m² GLA and is presenting a rather high number of premium brands there. Since January 2012 the centre does have the permission to open on Sundays.

Additional information requested If you do have any information on Outlet Centres in Europe that is missing in this survey, you are welcome to provide us with the necessary data. Please, just send us an email with the relevant information. After our review you will find it in the next issue of this market survey.

Outlet Centres in Europe – March 2015

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Austria Parndorf (Bur- FOC operating McArthurGlen McArthurGlen McArthurGlen Group 30.700 29.000 Opened in August 1998. Approx. 170 shops and genland) Parndorf / Henderson Global approx. 3,000 parking spaces. Sales area includes Investors / EOMF / that of the neighbouring BIGG outlet centre (now Richardsons Captial "The Galeries"), which was taken over by McArthur- LLP / Kramar The Glen. The 4th construction phase was opened at Galerian - Warburg - beginning of October 2011. In another 5th phase an Henderson additional 3,600 m² GLA are planned due to open in 2016. In April 2014 the building of "The Galeries" was sold to the owners of the neighbouring Fashion Outlet Villaggio. Wals-Siezenheim FOC operating Designer Outlet McArthurGlen McArthurGlen Group 28.000 23.000 Conversion of the former "Airport Center" shopping (Salzburg) Salzburg / Kramar / Richard- centre into an OC. Project was opened on 10th sons Capital LLP / September 2009. Approx. 2,200 parking spaces. Wiener Städtische There are plans to extend the centre to the neigh- Versicherung bouring site of the former Baumaxx DIY-Store. Procedure to obtain a building permit for this extension started in 2012 but so far no result of this procedure is known. Parndorf (Bur- FOC operating Fashion Outlet ROS Retail APM Holding / Zwe- 20.800 19.000 Opened in April 2012. The project is to be enlarged genland) Parndorf Outlet Shopping renz & Krause to approx. 15,500 m² SA with a total of approx. 670 parking spaces in a 2nd construction phase by 2014. In April 2013 the management was taken over by Freeport Retail from Villagio Centermanagement GmbH and in February 2014 ROS was entrusted with the management. In April 2014 the neighbouring building of "The Galeries" with 10,600 m² was aquired from Warburg-Henderson and integrated into the Fashion Outlet Villagio.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Leobersdorf FOC closed Leoville Premium European Outlet 10.000 Project put into operation as part of a "Soft Open- (Lower Austria) Outlet AG ing" in May 2005. However, due to the intensive competition and unsuitable market positioning, the centre had not fulfilled expectations. As of 31.07.2008, contract cancellation agreements were concluded with the remaining tenants and the operation of the OC provisionally closed down. In mid- 2011, the object was taken over by Christian Blazek, the entrepreneur and patron of the arts. The centre was relaunched as a lifestyle centre under the name of "Bloomfield". Opening of this lifestyle centre took place at 17th October 2013. Vösendorf (Lo- FOC closed Sale City Süd SCS Shopping 10.000 Project opened in September 2006, but has mean- wer Austria) City Süd Man- while closed again due to lack of success; due to its agement basic concept, it had to be rated more as an off- price centre. Jöß (Styria) FOC cancelled Desygn Outlet n.s. Eybesfeldsche Pro- 17.500 The private investor Conrad Eybesfeld was planning Eybesfeld jektentwicklung an OC on the A9 (Graz-Marburg) motorway. In July GmbH 2008, the Regional Government of Styria resolved to suspend proceedings for enacting a building permit; the project has therefore "died" Graz (Styria) FOC cancelled n.s. Freeport 111 Werner Gröbl 20.000 The former furniture retailer Gröbl was planning an Projektentwicklungs OC on the former brewery grounds in Graz-Puntigam GmbH / Carlyle (near IKEA). The building plan had allowed this utilisation. Freeport plc. was appointed as the operator, but they claimed that they “only held talks” at the site. As Freeport wanted to withdraw from apparently already signed contracts and thus from the project, Gröbl had brought a law suit against them. This suit was rejected in September 2011. The project must thus have definitely died! Graz (Styria) FOC cancelled Fashion Hill n.s. Pichler & Sohn 6.700 In North Graz, a former furniture shop with 3 sales Designer Outlet GmbH levels was supposed to be converted into an OC. Graz Building plan allowed this utilisation. 475 parking spaces. Up-to-dateness of information uncertain; project has possibly been abandoned again Reutte (Tyrol) OOA early plan- n.s. n.s. n.s. n.s. In the city centre of Reutte, there are a lot of empty ning phase shops. To solve this problem a group of local actors intend to establish an outlet centre concept compa- rable to those in Bad Münstereifel (Germany).

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Belgium

Maasmechelen FOC operating Maasmechelen Value Retail 19.105 16.000 Village

Messancy FOC operating McArthurGlen McArthurGlen McArthurGlen Group 16.485 16.000 Opened in 2003; approx. 1,000 parking spaces. OC Designer Outlet / Henderson Global generated unsatisfactory results and was sold to Luxembourg Investors / EOMF Henderson by Intervest Retail for only € 12 million in November 2007. With that, a change of operator took place, from GL Outlet to McArthurGlen. The Centre was restructured and underwent a relaunch. It was reopened in April 2011. Verviers FOC closed Ardennes Outlet Comer Homes 14.000 9.800 The centre was closed at the end of June 2012 and Center Group will be redeveloped, but not as an outlet centre. At the beginning of May 2012 the French sports retailer Decathlon decided to realize a power store at the plot. Ghent FOC advanced n.s. McArthurGlen Banimmo / Schoon- 32.000 28.000 As part of the development of a new city district planning meers Bugten "The Loop", an Outlet Centre is planned. Together phase with it a leisure park (14.500 m²), a big box retail park (6.300 m²) and offices (21.000 m²) are scheduled. The Outlet Centre will have approx. 3.000 parking bays in an underground car park. The building permit has been granted, construction work is supposed to start in spring 2015. Opening is planned for 2017. Maaseik FOC cancelled n.s. n.s. 10.000 Up-to-dateness of information uncertain. Project possibly abandoned. Bulgaria Sofia FOC operating Sofia Outlet n.s. ECE / K&K Engineer- 15.520 13.000 Opened in March 2010. Location next to Metro and Center ing / Drees & Som- Technomarkt and opposite the EXPO centre on mer Tsarigradsko Shousse Boulevard in south-east Sofia

Croatia Donja Zelina FOC closed Outlet Center Zelina Centar Prigan Holdings Ltd. 13.000 10.000 Located 26 km north-east of Zagreb on the motor- Sveta Helena D.o.o. way running towards Varazdin. Project was opened in December 2008. 1,750 parking spaces. Due to a lack of tenant demand and low footfall this centre finally closed doors after almost 4 years of operation in June 2012.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Sveti Kriz Zacret- FOC operating Roses Designer Roses Values Dayland Group / 18.000 15.050 Approx. 1,800 parking spaces. Located on the Mar- je (north of Outlet Mezz AG burg – Zagreb motorway; the sales area is to be Zagreb) enlarged to a total of approx. 23,600 m² in Phase II (45 additional stores). Czech Republic Znojmo (at the FOC operating Freeport Fashion Freeport Retail Freeport 22.300 20.500 Opened in September 2003; approx. 1,000 parking border to Aus- Outlet spaces tria) Praha FOC operating Fashion Arena Fashion Arena Meyer Bergman 25.000 18.000 Opened in November 2007. Located in the Stirboholy Outlet Center Centre Man- district in the east of Prague, opposite the Europark agement s.r.o shopping centre Brzotice-Loket FOC uncertain Exit 66 Outlet Devo Group BDL Czech 16.000 An OC is planned on a piece of land of approx. Center 180,000 m² on the D1 (Prague-Brünn) motorway; the project is to be enlarged, if need be, to 35,000 – 45,000 m² SA in further construction phases; according to the available information, construction work on the project was halted since some years due to financing problems. Ruzyně FOC advanced The Prague The Prague Rioja Development / 31.000 28.000 Construction work on the building was almost com- planning Outlet (formerly: Outlet a.s. PPF Banka pleted but the centre "Galleria Moda at Praha Air- phase Galleria Moda at (Dreitonel) port", owned by Italian investors, never opened. In Praha Airport) 2008 - according to the available information - the developer apparently gone bankrupt. Approx. 2,500 parking spaces. In 2013 the building was aquired by "The Prague Outlet" and in July 2014 it was announced that the project will be revitalized. Opening with - at first - 80 outlet stores and 12,000 m² GLA is scheduled for 2015, the remaining GLA will be opened in successive phases. Benesovice FOC early plan- Bohemia Village n.s. Smile Department 33.000 30.000 Location close to the German border at the motor- ning phase Luxury Outlet Stores s.r.o. way D5 (exit 119) to Plzen / Prague. Opening was scheduled for spring 2015, but this time-schedule seems to be very unlikely now. According to available information the developer is trying to sell the project. Usti nad Labem FOC cancelled n.s. n.s. Alkona Invest 25.000 An OC was planned on a location oriented towards car-driving customers, directly on the Dresden – Prague motorway. Investor was looking for a suitable operator for some years, but - according to available information - without any success.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Ostrava FOC early plan- Outlet Arena n.s. TK Development / 16.000 13.500 Located in the Ostrava district of Privoz in the north ning phase Moravia Haslinger Consulting of the city at the crossing of D1 Highway and Hlučínská street. Opening is scheduled for 2017.

Denmark Ringsted FOC operating Ringsted Outlet Freeport Retail Miller Developments 12.525 10.000 Opened on 6th March 2008. Approx. 1,000 parking / TK Development spaces

Kolding FOC uncertain Kolding Factory n.s. 27.000 The local municipal business development organisa- Outlet Centre tion in the Danish seaport of Kolding is planning to establish the largest OC in Northern Europe on a piece of land separated from the river and directly adjoining the city centre. The search for an operator has been going on since the beginning of 2009, though without success to date, according to the available information. Kopenhagen FOC operating Copenhagen Deas Center Danica Pension / 12.500 10.000 Centre started trading in October 2014. Location Designer Outlets Management Danica Ejendomme near the City 2 shopping centre on the outskirts of Copenhagen. Conversion of the area of a disused Hypermarket and Electrical Shop. 80 shops. Another 5,000 m² GLA of the project are dedicated to leisure, entertainment and food offers. Approx. 3,000 car spaces. Billund (Jütland) FOC early plan- n.s. Lordland Inter- n.s. n.s. Since 2007 the city of Billund is working to realize an ning phase national outlet centre. After changes in the regional planning laws the chances seem to be better now. Billund is the home of the toys manufacturer LEGO and the first LEGO leisure park, which had approx. 1.6 m visitors in 2011. Estonia

Tallinn FOC uncertain Tallinn Outlet n.s. Süda Maja / Holder 11.500 10.000 Located in the southeast of Tallinn at the junction of Mathias Architects the Tallinn Tartu Expressway and the Tallinn Ring Road. The site is part of the American Corner retail park (with Expo Centre and hypermarket). The project will be built in 3 phases, whereas the 1st phase will have 11.500 m² GLA, the 2nd phase 4.000 m² and the 3rd phase another 3.950 m² GLA. Opening was originally planned for autumn 2013, but according to available information, not even construction work started so far.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Tallinn FOC advanced Gate Tallinn ns Rohleder Lumby / SJ 12.000 10.000 Located in the southwest of Tallinn close to the ring planning Outlet International / AS road and the Parnu Highway. Railway station is phase Trigon Capital closeby. Part of a retail park development with alltogether approx. 100,000 m² retail space. Plan- ning and building permits have been approved. Opening is scheduled for March 2016. Finland Virolahti ( Dis- FOC advanced Zsar Outlet East Finland East Finland Real 11.246 10.000 Located at the most frequented border crossing trict of Kymen- planning Village Real Estate Ltd Estate Ltd (EFRE) / between Finland and Russia with approx. 180 km to laakso) phase (EFRE) TLC Thompson St. Petersbourgh and Helsinki. Opening was origi- Lordland Cameleon nally scheduled for spring 2015, but was delayed now to 2016. In a 2nd phase the centre is supposed to be extended to 20,000 m² GLA. Virolahti ( Dis- FOC early plan- Vaalimaa Luxury Arcoretail SpA Real Estate Devel- 10.875 9.000 Competing project to the Zsar Outlet Village (see trict of Kymen- ning phase Outlet & Casino opment Vaalimaa above). Located in the town Vaalimaa, which be- laakso) Shopping Center Oy longs to the city of Virolahti. The project consists of / Arcoretail SpA / 60 outlet stores, a casino, hotel, wellness center and restaurants. France L´Ile Saint Denis FOC operating Marques Avenue Concepts & 14.000 13.000 Approx. 850 parking spaces (close to Paris) L´Ile Saint Denis Distribution

Coquelles (close FOC operating Channel Outlet Unibail Rodamco 13.850 11.000 Located near Eurotunnel Calais. to Calais) Store La Séguinière FOC operating Marques Avenue Concepts & 9.600 7.500 Approx. 500 parking spaces (close to Cholet) La Séguinière Distribution

Romans sur FOC operating Marques Avenue Concepts & AEW Europe SGP 11.800 10.000 Approx. 1,050 parking spaces Isère Romans Distribution Talange (close FOC operating Marques Avenue Concepts & 18.200 16.000 Approx. 1,000 parking spaces. In Summer 2013 the to Metz) Talange Distribution GLA was extended from 14.500 m². In another building-phase the centre will be extended to approx. 20.610 m² GLA until spring 2016. Saint-Julien-les- FOC operating Marques Avenue Concepts & 30.000 25.000 Approx. 1,500 parking spaces Villas (Troyes) Troyes Distribution Corbeil Essonnes FOC operating Marques Avenue Concepts & 16.700 12.000 Project was opened in October 2008. Approx. 1,300 (south of Paris) A6 Distribution parking spaces. Extension of the centre is planned in another building-phase, which will add another 3,000 m² GLA in 2015.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Franconville FOC operating Quai des Concepts & 14.900 13.000 Approx. 800 parking spaces (close to Paris) Marques A15 Distribution Pont-Sainte- FOC operating McArthurGlen McArthurGlen McArthurGlen Group 30.005 28.655 Opened in October 1995; approx. 1,700 parking Marie Troyes / Resolution Proper- spaces ty Roubaix FOC operating McArthurGlen McArthurGlen Resolution Property 17.350 16.800 Opened in August 1999; approx. 1,500 parking Roubaix spaces Roubaix FOC operating l´Usine Unibail Rodamco 18.550 16.700 Gonesse (close FOC operating Usines Center Advantail AEW Europe SGP 17.000 15.500 to Paris) Paris Outlet Serris (Marne-la- FOC operating La Vallée Village Value Retail 17.390 15.000 Located near Disneyland Paris Vallée) Merignac FOC operating Merignac Outlet GL Outlet 6.800 5.500 Center Rennes FOC cancelled Vitrine des GVA Outlet 13.000 Project was abandoned Marques Services Bordeaux FOC operating Quai des Concepts & 10.430 9.000 Approx. 620 parking spaces Marques Distribution Roppenheim FOC operating Roppenheim The Neinver Neinver / TIAA- 27.200 22.000 Opened on 25.04.2012. Approx. 107 shops and (Alsace) Style Outlets Henderson Real 1,700 parking spaces. Located at the RD4 road Estate which links the French A35 with the German A5 motorways. Saint André de FOC cancelled Parc du Cubzac n.s. Park du Cubzac SAS 25.000 After this project was already approved by the re- Cubzac (Gi- / Advantail gional retail commission (CDAC), it was rejected by ronde) the French national retail commission (CNAC) in November 2012. Damazan FOC cancelled Village de GVA Outlet 18.000 Project was abandoned Marques Services Bellegarde-sur- FOC advanced The Style Out- Neinver MAB Development 16.085 MAB Development took over the project from the Valserine planning lets Bellegarde Bergerac Estates / RJ McKinney Ltd & Rioja Devel- (Rhone-Alpes) phase opments Group. At the end of May 2010, the CNAC (Commission Nationale d'Aménagement Commercial) granted building permission. In all, approx. 1,360 parking spaces. Opening was planned for 2013 but according to available information, not even construction work started yet. Le Cannet des FOC early plan- Freeport Le Freeport Retail 25.000 23.000 Approval procedure in preparation Maures (close to ning phase Cannet des St. Tropez) Maures

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Riorges FOC cancelled n.s. Prominvest 18.000 Project was abandoned in June 2008 Lieusaint FOC cancelled Usines Centre Espace Expansi- Unibail 12.000 Project was abandoned in October 2008 Carre Senart on Saverdun FOC cancelled n.s. GTM Construc- 20.000 Project abandoned tion La Cavalerie FOC uncertain Viaduc Village n.s. 6.000 Building permission granted in January 2007; however, permission withdrawn again at the beginning of 2010 Nailloux (close FOC operating Nailloux Outlet Advantail COGEP / Corio 22.100 20.000 Construction began in February 2010. The centre to Toulouse) Village opened at 23rd November 2011. In Phase II, the OC is to be enlarged to approx. 30,950 m² with approx. 2,600 parking spaces. Romorantin- FOC uncertain Carre des n.s. 18.000 This project was first pushed by Unibail Rodamco Lanthenay Marques Romo- and Emma-Invest. But in 2010, after intense protest rantin by regional retailers Unibail Rodamco abandonned the project. In 2013 there were rumors that this project was revived by anglo-saxon investors. Honfleur (Nor- FOC advanced Honfleur, The Neinver Neinver 18.000 15.000 Neinver & Bowfonds won an investor contest. Build- mandie) planning Style Outlets ing permission was granted in May 2010. Approx. phase 100 shops and 1,500 parking spaces. Opening is scheduled for 2015. Tournus FOC uncertain Tournous n.s. n.s. This project was fist pushed by GVA. Rumour has it Fashion Village that, after several failed attempts, another effort to Bourgogne obtain building permission for the location has started up by different developers. Hésingue FOC cancelled n.s. Unibail Rodamco 12.000 A large-scale shopping centre is planned immediate- (Alsace) ly to the north-east of the Euro-Airport Basel / Mul- house; one component is to be an OC. The municipal association Communauté de Communes des Trois Frontières has agreed to the project. In May 2011, the Admin. Court of Strasbourg initially halted the project following legal actions brought by the neighbouring town of St. Louis on the grounds of procedural deficiencies. Since then, there is no information of any progress of the project. It can be assumed that this project was given up.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² St. Croix-en- FOC early plan- n.s. Concepts & Icade 25.000 18.000 Approx. 10 km south of Colmar. Location on the A35 Plaine (Dep. ning phase Distribution motorway. 126 Outlet Shops and 1,200 parking Haut-Rhin) spaces are planned. According to the available information, building permission has already been granted for the Project. Opening was planned for 2013, but according to available information not even constuction was has started yet. Miramas (Dep. FOC advanced McArthurGlen McArthurGlen 26.000 16.000 Located near the A54 and A7 motorways. Approx. Bouches-du- planning Designer Outlet 2,000 parking spaces. Planning approval was grant- Rhone) phase Provence ed at the end of January 2013. Works on site are planned to begin in 2015 with an opening for 2016.

Les Clayes sous FOC operating One Nation Paris Advantail Catinvest 24.000 21.000 Located directly next to the "Grand Plaisir" retail Bois (Départe- trade agglomeration (includes e.g. IKEA, Auchan, ment Yvelines) H&M, Zara, Decathlon and GoSport) in the west of Paris. Opened in November 2013. The centre is open on Sundays. Villefontaine FOC advanced The Village Freeport Retail La Compagnie de 25.000 20.000 Located closeby to the motorway between Lyon and planning Phalsbourg Grenoble. Building permit was approved by CNAC at phase the end of May 2012. The opening of the village scheduled for Summer 2016. Douains (Dépa- FOC cancelled McArthurGlen McArthurGlen Catinvest 18.000 15.500 According to the available information the French rtment Eure) Vernon national retail commission (CNAC) rejected this project. Le Havre (Dep. FOC cancelled L'Usine des Unibail Rodamco 12.000 Project was given up due to a lack of tennant de- Seine-Maritime) Docks mand in June 2011 Boulleville (Dep. FOC cancelled Le Haras des n.s. Balika Investment 16.000 After the competing project in Honfleur received the Eure) Marques building permit, this project was cancelled by its developers. Pégomas (Dep. FOC uncertain Village de n.s. Kaufman & Broad n.s. n.s. In combination with the development of a whole city Alpes-Maritimes) Marques district (hotel, shops, 210 flats, multi-use facilities etc.) an outlet centre with 105 shops are planned. In September 2013 the "Commission départementale d'aménagement commercial" (CDAC) rejected the project. Lavau (near FOC operating Village de n.s. SCI Arthur 6.500 5.180 Opened in June 2011 Troyes) Marques Troyes Vélizy- FOC operating L'Usine Mode & Unibail Rodamco 20.600 19.000 The centre was opened in the mid-1980s. Approx. Villacoublay (Ile- Maison 1,800 parking spaces. de-France

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Gallargues (Dep. FOC uncertain Le Village de n.s. n.s. n.s. n.s. Project was rejected by the "Commission Nationale Gard) Marques de l'Aménagement Commercial" in October 2013. Hautmont (Dep. FOC early plan- L' Escale Shop- n.s. JMP Expansion / 18.490 16.760 Located in a commercial area (Decathlon etc.) close- Nord) ning phase ping Outlet CRC Retail by to the Route Nationale 2 (N2). The project con- Village sists of 117 outlet stores and 2,300 parking bays.

Aubergenville FOC under Marques Avenue Concepts & 12.900 11.000 Located in the west of Paris. The first building-phase (Dep. Yvelines) construction A13 Distribution will open at 22nd April 2015. Phase 2 will add another 7.100 m² GLA to the project and is supposed to open in April 2017. Germany Zweibrücken FOC operating Zweibrücken Neinver IRUS Property Fund 28.800 21.000 Enlargement phase II (4,500 m² SA) was concluded (Rhineland- The Style Out- in September 2006 and enlargement phase III Palatinate) lets (3,000 m² SA) in July 2008. The centre was taken over by the Spanish Neinver Group in February 2009 (former operator was OCI). In October 2010, the final enlargement to the approved 21,000 m² SA was concluded. In all, approx. 2,600 parking spaces. Wustermark FOC operating Designer Outlet McArthurGlen McArthurGlen Group 21.000 16.500 The existing building (mall centre) of the former B5 (Brandenburg) Berlin / Henderson Global Designer Outlet Centre was demolished and the Investors / EOMF Centre was newly designed as an Outlet Village. The opening of the "Norddorf" took place on 18.06.2009, and the "Süddorf" opened on 02.09.2010. Wertheim (Ba- FOC operating Wertheim Village Value Retail Value Retail 22.000 13.500 The project opened in November 2003 with 9,800 den- m² SA. Enlargement through a 3rd construction Württemberg) phase was concluded in March 2008. In April 2010, the Wertheim Town Council decided to enlarge it to 16,800 m² SA and started the procedure for a change to the building plan. In July 2011, the Town Council approved the building plan change. But the state government of Baden-Wurttemberg seems to oppose the planned extension of the centre. Since 2011 no progress was made in the procedure to extend the centre, so it can be assumed that either Value Retail gave up or - at least - doen't pursue this case activly at the moment. Ingolstadt FOC operating Ingolstadt Vil- Value Retail Value Retail 20.540 15.200 (Bavaria) lage

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Wolfsburg (Lo- FOC operating Designer Outlets Outlet Centres Designer Outlet 17.640 14.000 OC was opened on 15.12.2007. Second building- wer Saxony) Wolfsburg International Wolfsburg GmbH phase with an additional 6,000 m² SA was opened at (OCI) the end of March 2014. Hermsdorf FOC closed A2 Outlet Center Jones Lang 12.000 10.400 Between 2008 and 2012 an outlet centre was inte- (Saxony-Anhalt) LaSalle grated into the eastern part of the "Elbe Park" Shop- ping Centre, on the basis of existing building permit.During the time operating many shops were still standing vacant. In 2012 the retail company "Mode- park Röther" took over the complete "Elbe Park" and converted it into a fashion orientated shopping centre. The outlet centre was closed down. Still, there are some outlet stores operating as tenants of the shopping centre but it can't be considered as an outlet centre anymore. Hermsdorf FOC early plan- n.s. n.s. With the amendment to the State Development (Thuringia) ning phase Plan, the State Government of Thüringen wants to open the way for an Outlet Centre and has decided it should be located in the area around the Hermsdorfer Kreuz (A4 / A9). At present, there is still no named investor and also the projected piece of land has not yet been precisely determined. Soltau (Lower FOC operating Designer Outlet ROS Retail Mutschler Group 13.200 9.900 Centre opened at the 30th August 2012. Saxony) Soltau Outlet Shopping Bispingen (Lo- FOC uncertain n.s. Value Retail 9.900 On 03.02.2009, the State Government of Lower wer Saxony) Saxony decided against an OC in Bispingen; Bisp- ingen brought a lawsuit against the State Govern- ment’s decision at the Administrative Court of Lüne- burg, which was however rejected. In October 2009, the Administrative District of Soltau- Fallingbostel refused Bispingen’s application for the issue of a building permit. In April 2012 the Higher Administrative Court of Luneburg rejected the claim by Bispingen for judicial review of the builiding permit for the competing project in Soltau. In the meantime, it has become very unlikely that this project will be realised (in this connection also see Soltau).

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Montabaur FOC under Fashion Outlet Stable Internati- United Internet AG 10.000 An OC is to be integrated in the area of the Mon- (Rhineland- construction Montabaur onal tabaur ICE railway station within the framework of a Palatinate) major development measure (ICE Park). The land- use planning procedure was concluded in December 2006 with a positive ruling. In September 2007, the Administrative Court of Koblenz rejected the law suits brought by the neighbouring towns of Limburg, Koblenz and Diez against the project. In October 2008, the Higher Administrative Court of Rhineland- Pfalz allowed the appeal at the Federal Administra- tive Court of Leipzig. Although no decision was reached by the Court so far, the building permit was issued in March 2009. The FAC of Leipzig rejected the law suit brought by the towns of Limburg, Ko- blenz and Diez. In the meantime, the town of Diez withdrew from the court proceedings. In September 2010, the Higher Admin. Court proposed an out-of- court settlement in the legal dispute, which however the town of Limburg refused in November 2010. In November 2010, the HAC rejected Limburg’s law suit. Limburg filed a complaint at the FAC against the non-allowance of the appeal, which was likewise rejected in August 2011. Thus, the building permission is now legally effective and can no longer be contested. Construction work started in spring 2014. Opening is planned for Summer 2015. Gronau (Northr- FOC cancelled n.s. Stable Internati- FOC Gronau GmbH 10.000 Located in the area of the "Inselpark" grounds. hine-Westfalia) onal Change to the land development plan (LDP) was rejected by the District Administration. A law suit brought by the town against this decision was rejected by the Administrative Court of Munster. In light of the Ochtrup ruling by the Higher Administra- tive Court of Munster, the LDP appeared to be legally valid, so that the town was able draw up the building plan. At the end of October 2010, the provisional planning law decision was issued by the town. The town of Ochtrup brought a suit against this provisional building decision before the Administra- tive Court of Munster. In a counter-move, the town of Gronau brought a suit against the building permission for the OC project in Ochtrup. Today, the outlet project in Gronau was cancelled and the city is looking for new possibilities to develop this site.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Wittenburg FOC early plan- Wittenburg n.s. Van der Valk, Ont- 15.000 Project was already discussed back in 1999 at the (Mecklenburg- ning phase Village wikkelfonds initiative of the Department of Trade and Industry of West Pomera- Mecklenburg-Vorpommern, but abandoned due to nia) opposition; now this project seems to be up and running again In 2007, planning activities were resumed again in the immediate vicinity of the "Alpin Center Hamburg-Wittenburg", however the British Miller Group which had a stake in this project withdrew again. The project was continued by the Dutch developer Ontwikkelfonds.

Helmstedt (Lo- FOC cancelled Ostfalen Outlet HMCM Cen- Müller Baugesell- 9.900 At first, this project was conceived with a sales area wer Saxony) Center Helm- termanagement schaft, Helmstedt of 17,000 m². An application for proceedings to stedt GmbH obtain permission to deviate from a planning objective was made but later cancelled in light of the new state development regulations. As no activity had been observable for a long time, in March 2010 the City Council decided to take up the plans for an OC again. In December 2010, the regional planning authority of Greater Braunschweig ascertained that the project violated the state planning regulations. Again, after some years with no activity, the city council decided in January 2013 to start the procedure to obtain a building permit for an outlet centre with a reduced sales area of now less than 10,000 m². In March 2013 the regional administration union of Greater Area Braunschweig has enjoined the city of Helmstedt to carry on with the plannings. In May 2013, the city of Helmstedt has filed a court case to object to the decision of the regional administration. In August 2013 the administrative court rejected the claim and in January 2014 the higher administrative court rejected the following complaint of Helmstedt. Now this project can be considered to be dead. Neumünster FOC operating Designer Outlet McArthurGlen McArthurGlen Group 20.000 16.000 The opening of the first construction phase took (Schleswig- Neumünster / TIAA Henderson place on the 20th September 2012. Currently the Holstein) Real Estate second building phase is under construction. In this second phase the centre will be enlarged to 20,000 m² sales area.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Piding (Bavaria) FOC advanced n.s. n.s. 8.100 In the municipality of Piding, located on the A8 near planning Bad Reichenhall, an OC was to be established in the phase business park on the Lattenbergstrasse, on the site of an existing Adidas outlet (approx. 1,000 m² SA); however, in the meantime, a retail park is also being negotiated instead of an OC. In March 2007, the Bavarian Department of Trade and Industry approved enlargement to an OC with 8,100 m² SA. However, to date no construction work has been observed at the site. Ochtrup FOC operating FOC Ochtrup My Diary GmbH Retail Development 17.350 11.650 Centre opened at 30th August 2012. 65 Shops, (Northrhine- Group approx. 1.500 parking spaces. Westfalia) Hagen (Northr- FOC cancelled n.s. Stable Internati- Freiherr von Maydell 14.000 In the Hagen locality of Haspe, an OC was planned hine-Westfalia) onal GmbH on the “Brandt grounds”. In March 2008, the De- partment of Trade and Industry of North Rhine- Westphalia refused the start of proceedings to obtain permission to deviate from a planning objective, with reference to the path of creating "regional consensus". The project thus appeared to have already "died". After the ruling by the Constit. Court of NRW in the Ochtrup case, it was considered to resume proceedings again. However, the developer withdrew from the project in the middle of 2011. The project must therefore have "died".

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Remscheid FOC advanced McArthurGlen McArthurGlen 15.000 First, an OC was planned in the Blume / Felder Höhe (Northrhine- planning Remscheid business park at the Lennep / Lüttringhausen mo- Westfalia) phase torway junction. In mid-October 2011, a local opin- ion survey was carried out on the project, in which 76.5 % voted for the establishment of the outlet centre. At the end of November 2011, the Plenary Meeting of the Wuppertal-Solingen-Remscheid Chamber of Industry and Commerce also declared itself in favour of the project. Several neighbouring cities are opposing the project. The state government has critized the project too. In August 2012 the regional planning authority rejected the change of the regional development plan. The city of Rem- scheid announced to fight this desicion in court. But in November 2012 McArthurGlen and the city repre- sentatives decided to switch the planned location to a site close to the Remscheid subburb of Lennep. Today, there is a sports stadium and a fairground, which will be replaced by the outlet centre. Parking is supposed to be in an underground car park. In June 2014 the regional planning authority signalled that the project in size and location is in accordance with the aims of the spacial development plan of Northrhine-Westfalia; this can be seen as a big step towards a building permit. Bad Fallingbostel FOC cancelled n.s. Outlet Centres n.s. Bad Fallingbostel, together with the neighbouring (Lower Saxony) International municipalities of Walsrode and Bomlitz, wants to (OCI) establish an OC on the A7 / A27 motorway intersection. The State Government of Lower Saxony ruled against Bad Fallingbostel on 03.02.2009 (see Soltau). The municipalities of Walsrode, Bad Falling- bostel und Bomlitz, the joint initiators of the project, accepted the decision. Seligenstadt FOC cancelled n.s. n.s. 25.000 The project seemed to have already "died" and (Hesse) suddenly was on the map again. Now according to the available information it has finally "died" due to the fact, that no operater was willing to compete with Wertheim Village, which is located 30 min. drivetime east.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Wadgassen FOC uncertain myland n.s. IBS Gruppe / Muni- 12.300 Located on the grounds of the former Cristallerie (Saarland) tor AG glass factory. The existing factory outlet of Villeroy & Boch (approx. 8,660 m²) is enlarged by further Outlet Shops. In May 2009, the developer announced rescheduling and – without giving reasons - that the realisation of the project was to be postponed indefinitely. Since the beginning of 2011, there was information available that construction work is being carried out at the location. The soft opening of the whole centre has taken place on 20th September 2012, the grand opening was scheduled for the 4th October 2012. Despite the opening of the centre the neighbouring city of Saarlouis filed a court case to fight the building permit. In October 2012 there were press-reports that the building permit only covers a retail sales area of approx. 3.800 m², all of the remaining sales area seems to be built without a valid permit. It is still unclear whether or not the new concept still conforms to ecostra’s definition of an outlet centre. Due to that, the status of the centre is set to "uncertain". Dinslaken FOC cancelled n.s. n.s. n.s. An OC is to be established on the former coal-mining (Northrhine- grounds at Lohberg. The project was initially quite a Westfalia) controversial issue within the town administration, but following the ruling by the Constit. Court of North Rhine-Westphalia on the Ochtrup suit, the project was supposed to be pursued intensively again. According to the available information, the State Government of NRW threatened to cancel the town’s building subsidies if the project is realised. In the meantime it seems that this project is abandoned.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Duisburg FOC uncertain Douvil - Duis- Freeport Retail German Develop- 31.000 25.000 An OC is to be established on the grounds of the (Northrhine- burg Outlet ment Group / SJ Rhein-Ruhr-Hallen and the old Hamborn indoor Westfalia) Village International (Leas- swimming pool. In March 2010, the City Council of ing) Duisburg passed a resolution to accept the plans. An investor selection procedure was carried out in 2011. However, the German Development Group was the only interested party to apply, which then presented Freeport as the operator in October 2011. The starts of construction was planned for 2012 but had to be delayed. In a first construction phase, 95 Outlets are to be built, with a total of approx. 19,000 m² GLA, as well as 1,950 parking spaces. In a second construction phase, the centre is then to be enlarged to 31,000 m² GLA and 2,500 parking spaces. A neighbouring housing estate is to be demolished in order to construct the car parks of the OC. A Citizen’s Action Committee has been founded against the demolition and took up action. At the same time it was discovered, that the planned site is located in the proximity of a factory where an hazardous inci- dent could be possible. So this project and the developer were confronted with various problems and it looked very unlikely that the project will be realized. At the end of 2013 the local council demanded a binding declaration in regard to the next steps of the project and the time schedule from the developer. Due to 3 penalty orders from other projects the CEO of the developer "German Develop- ment Group" left Germany for the Netherlands. Since 2014 the owner of the project now is the Douvil GmbH, which consists of various single investors. The city of Duisburg still sticks to the project. All in all it would be somehow surprising, if this project will be realized at last. Idstein (Hesse) FOC cancelled Idstein Village n.s. n.s. The town of Idstein set up a study group to investi- gate whether an OC could be established in the town centre of Idstein. In March 2009, the City Council "took note" of the fact that an OC could not be profitably operated at this location, and abandoned the plans.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Herrieden (Bava- FOC cancelled Herrieden n.s. Carlo Colucci 8.100 The fashion designer Carlo Colucci wants to expand ria) Fashion Outlet his factory outlet at company headquarters into an OC. In light of the ongoing amendment to the Ba- varian state development plan, The application for proceedings to obtain permission to deviate from a planning objective was suspended again in mid- 2010. In January 2011, the proceedings to obtain permission to deviate from a planning objective were put into force again. In December 2011, the Bavari- an Department of Trade and Industry announced that the project was not compatible with the state planning objectives. The city of Herrieden intended to file a writ of mandamus. A legal expertise by a renowned lawyer came to the result, that there won't be much chance for Herrieden to succeed in this matter. Finally the city of Herrieden abandoned this law suit. Today at the site a small agglomeration of outlet stores with a total sales-area of approx. 2,500 m² can be found. Selb (Bavaria) FOC operating Factory In Outlet Heinrich Porzel- 8.000 7.000 At the company headquarters of the china and Center Selb lan GmbH household goods manufacturer Villeroy & Boch, the "Factory In" was operating since July 2001. In Octo- ber 2009, the Bavarian Council of Ministers approved the submitted enlargement up to 11.650 m² SA. The law suits announced by neighbouring towns against this enlargement have meanwhile been withdrawn again. Construction work started in September 2012. Today there is a sales-area of approx. 7.000 m² in operation, the rest will be build successively.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Grafschaft FOC advanced n.s. Neinver 9.900 In the Grafschaft locality of Ringen, an OC was (Rhineland- planning planned in the Innovationspark Rheinland; a market Palatinate) phase hall with approx. 3,000 – 5,000 m² SA for regional products (e.g. wine) is planned as an additional facility. Various surrounding towns have announced their opposition to the project. In the meantime the proposed developer went bankrupt and the city was looking for a new investor. Various renowned operators have signalled their interest and in May 2012 it was revealed that Neinver is supposed to be the new operator. Some time ago there were initiatives to pursue this project jointly together with the neighbouring city of Bad Neuenahr-Ahrweiler. But in June 2012 the town council of Bad Neuenahr-Ahrweiler rejected the offer to cooperate made by Grafschaft. Now the city of Grafschaft is pursuing the project on its own. Wiedemar (Sa- FOC cancelled Leipzig Fashion Stable Internati- FOC Wiedemar 14.000 Location in the business park on the BAB A9, xony) Outlet onal GmbH Wiedemar exit on, among others, the grounds of (up to now) MediMax. Building permission was granted in April 2009. The city of Leipzig pushed through expedited proceedings against the building permission. At the end of April 2010, the Admin. Court of Leipzig suspended execution of the building permission; however, at the end of November 2010, the Higher Admin. Court of Bautzen put the building permission into force again. At the beginning of March 2011, the operator erected a construction sign on the piece of land. In December 2011, the AC of Leipzig rejected the law suit of the city of Leipzig and confirmed the building permission. In Septem- ber 2012 Stable International announced that they will not make use of this building permission. Stable has made an arrangement with ITG to develop together the neighbouring Brehna project. So, despite the building permit, there will be no Outlet Centre in Wiedemar.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Radolfzell (Ba- FOC advanced Seemaxx Facto- Hesta Beteili- 10.000 8.500 At the company headquarters of the Schiesser linen den- planning ry Outlet Center gungs GmbH manufacturer, various Outlet Shops are already in Württemberg) phase Radolfzell operation on a total area of approx. 4,500 m² SA. The sales area is to be enlarged to approx. 8,500 m² and the location thus expanded to become an OC. Due to the resistance of - amoung others - neighbouring cities the planning process was delayed again and again. In February 2013 the neighbouring city of Constance withdraw their rejections, but recalled this desicion again in June 2013 after local retailers protested against this change in view. In July 2014 a positive verdict was issued by the regional council. Now the city council is able to issue the building permit. Opening of the extension is planned for summer 2016. Zeil am Main FOC uncertain Erbelle-Outlet- HK Verwaltungs 3.700 A conglomerate of outlet shops is in operation on (Bavaria) Center GmbH approx. 3,700 m² SA in the former production halls of the household linen manufacturer Erbelle. The location is to be enlarged to become an OC. In spring 2009, the Bavarian Dept. of Trade and Indus- try refused to allow proceedings to obtain permission to deviate from a planning objective to be started. However meanwhile, according to the available information, permission has been granted for enlargement by 1,300 m² SA to reach 5,000 m² SA.It still has to be reviewed whether or not this centre corresponds with ecostras definiton of an outlet centre. Sinsheim (Ba- FOC cancelled n.s. n.s. E.L. Immobilien 10.000 An OC is to be established in the former trade fair den- GmbH halls, directly next to the Sinsheim Technical Muse- Württemberg) um and the football stadium of the Hoffenheim federal league club. According to the available information, several well-known operators of outlet centres have already shown interest; some of them called this to be "one of the best locations for an outlet centre in Europe". Proceedings to obtain permission to deviate from a planning objective have started in January 2012. In March 2013 the regional council rejected this project. The city of Sinsheim has refrained from appealing to the administrative courts against this decision, so this project is to be judged as abandoned.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Brehna (Saxony- FOC advanced Designer Outlet Stable Internati- ITG Immobilien 19.000 16.000 The former "Prima Einkaufs Park Brehna" shopping Anhalt) planning Brehna onal Treuhand Gesell- centre is to be turned into an OC. The building plan phase schaft / One Outlets allows conversion into an OC. Building permission was granted in spring 2010. At the petition of the town of Halle (Saale), the Admin. Court of Halle ruled at the end of September 2010 that no use may be made of the building permission for the time being. In February 2011, the city of Leipzig and in March 2011 the town of Halle withdrew their appeal. Subsequently, only a few smaller towns wanted to bring suits against the project. In July 2011, the regional administration department rejected the appeals against the building permission. Then, at the beginning of February 2012, the city council of Dessau-Rosslau also withdrew its legal action, but shortly after the major of Dessau-Rosslau objected the decision of his city council. The claim of Dessau- Rosslau (and the city of Leipzig) was rejected by the Administrative Court of Halle (Saale) in April 2012.After none of these cities appealed for revision at the higher court, the building permit cann't be challenged anymore. In September 2012 ITG made an arrangement with the developer of the neighbouring outlet centre project in Wiedemar, to develop Brehna together. Construction work to remodell the existing shopping centre into an outlet centre is supposed to start in spring 2015. Opening is scheduled for Easter 2016. Ludwigshafen FOC cancelled n.s. n.s. Metro Asset Ma- 10.000 In spring 2011, plans to turn the financially unprofit- am Rhein nagement able "Walzmühle" shopping centre into an OC were (Rhineland- abandoned again due to lack of demand from poten- Palatinate) tial tenants. For some time, there were rumors that large parts of the building will occupied by a Kaufland hypermarket and the object be positioned as a centre for local supply, but nothing happened so far.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Werl (Northrhi- FOC advanced Werl The Style Neinver 16.000 13.800 In November 2011, Neinver & MAB Development ne-Westfalia) planning Outlets presented to the Town Council of Werl their plans to phase establish an outlet centre near the motorway intersection. Then Neighbouring towns immediately announced their opposition in the so-called "Hamm declaration". After the dissolution of MAB Develop- ment Neinver is now pursuing this project on its own. In September 2014 the planning-commission of the city of Werl decided to start the planning procedure. All necessary studies for the application to receive a building permit are already completed. Bad Münstereifel OOA operating City Outlet Bad ROS Retail Georg Cruse & Marc 16.500 9.000 In the historical old town of Bad Munstereifel, the (Northrhine- Münstereifel Outlet Shopping Brucherseifer / local businessmen Cruse, Brucherseifer & Harzheim Westfalia) Haslinger Consulting were buying shops and buildings to form an inner- city outlet centre. Construction work started in May 2012 by the demolition of some buildings.Opening took place on 14th August 2014. This object doesn't correspond to ecostras definition of an outlet centre and has to be classified as an outlet agglomeration. Stuhr-Brinkum FOC operating Ochtum Park MiRo Grund- MiRo Grundstücks- 20.500 15.000 Opened in 2001 as a rather random conglomerate of (Lower Saxony) Outlet Center stücksverwal- verwaltung GmbH / some outlet stores and some fullprice retailers such tung GmbH SJ-International as Takko fashion and a pet-food store. In the meantime various extensions and an almost standardised design of the buildings were implemented. Now the site encompasses almost 40 outlet stores and corresponds to ecostras´ definition of an outlet centre. Franfurt an der FOC early plan- n.s. n.s. n.s. 11.000 8.100 In the local retail development concept, the consult- Oder (Branden- ning phase ants of BBE recommended to establish an inner-city burg) Outlet Centre at a site at the Slubice Street. So far no developer or investor is known to be interested.

Wuppertal FOC early plan- n.s. n.s. Uwe Clees 25.000 19.000 At the Doeppersberg, a location in the immediate (Northrhine- ning phase proximity of the main station and the city centre of Westfalia) Wuppertal-Elberfeld, a retail complex is planned since years. Now the investor Uwe Clees came up with the idea to realize an outlet centre there. In September 2013 there were press reports that the city decided to develop the site with a different investor, but refused to reveal names. In December 2014 investor Clees together with city representative announced that now the process will start to get a building permit for an outlet centre.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Königswinter FOC uncertain n.s. n.s. Retail Development n.s. 20.000 The local council intends to evaluate if an Outlet (Northrhine- Group Centre is an appropriate means to revitalise the Westfalia) historical parts of Königswinter. At the 20th Novem- ber 2013 the Retail Development Group (RDG) presented their concept in a special meeting of the local planning committee. To proceed with the plannings the city of Königswinter demanded that the RDG has to sign a planning agreement and to cover all the costs. The RDG refused to sign this agreement and declared only to be willing to cover a certain part of the expected costs. The deadline to sign this agreement was set to December 2014. Hence it seems that this project will not even take the first steps of the planning procedure. Wilhelmshaven FOC early plan- Kaiser-Wilhelm- n.s. Peine-Gruppe / 12.000 6.000 Initially there were plans change the existing manu- (Niedersachsen) ning phase Outlet Kaiser-Wilhelm- factury buildings of the fashion brand Barutti in the Objekt GmbH & Co. Ebert Strasse in Wilhelmshaven into a rather small- KG / Haslinger sized outlet centre. Because an impact study showed Consulting that the high street retailers will be confronted with severe reductions in turnover due to this outlet centre, the town major came up with the idea to move the project to a new site: the former C&A- parcel in the city centre. Now the investor intends to realize the outlet centre there. Selb (Bavaria) FOC early plan- n.s. n.s. Siegfried Mehringer n.s. 7.000 In order to revitalize the former department store ning phase "Storg" in the city centre of Selb, the landlord intends to change the object to an Outlet Centre.

Metzingen (Ba- OOA operating Outletcity Met- Holy AG 40.000 30.000 Starting in the 1970s with the Hugo Boss factory den- zingen store, there are now more than 60 outlet stores Württemberg) organized by Holy AG. Some stores do have different landlords and do differ in architecture and signage. There are other outlet stores closeby and between the Holy AG-owned buildings that are not integrated in the marketing-concept of the Outletcity. In Febru- ary 2015 the regional council finished a regional planning procedure about the possible extension of the centre with a positive decision; now the town planning procedure can start to add outlet stores with a total of 10,745 m² SA to the Outletcity Metz- ingen.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Rotenburg an OOA early plan- City Outlet n.s. n.s. n.s. n.s. According to press reports an unnamed group of der Fulda (Hes- ning phase Rotenburg investors intends to establish an outlet centre in the se) city centre by using existing vacancies following the example of Bad Münstereifel. The local mayor seems to support the project. Greece Attiki Odos FOC operating Factory Airport Factory Outlet Elmec Sport S.A. 14.000 13.000 Located in a retail park (next to IKEA) near Athens (Athens) S.A. Airport Piraeus FOC operating Factory Pireos Factory Outlet Elmec Sport S.A. 13.000 12.000 S.A. Yalou (close to FOC operating McArthurGlen McArthurGlen McArthurGlen Group 21.100 19.000 Village Centre with 2 sales levels and underground Athens) Designer Outlet / Bluehouse Capital parking. Opened 02.06.2011; approx. 2,400 parking Athens Advisor Ltd spaces

Lavrio FOC cancelled Lavrio Village Europ Invest Europ Invest 25.000 An application for building permission has been Company Store Management made. Opening was planned for 2010, but construc- S.r.l. tion work didn't start yet. 2800 parking spaces. Hungary Törökbálint FOC closed GL Outlet Center GL Outlet Group GL 16.500 15.000 Project opened in November 2004. However, due to (west of Buda- location disadvantages and conceptual planning pest) weaknesses, the centre was not able to compete with the neighbouring Premier Outlets Center in Biatorbágy and closed down operations at the beginning of 2011. The centre is now standing comple- tely empty. Biatorbágy (west FOC operating Premier Outlet Jones Lang Miller Developments 22.880 20.000 Project opened in November 2004. The 3rd con- of Budapest) LaSalle / Raiffeisenbank struction phase was completed in August 2007 Österreich / AVIVA Central European Property Fund

Budaörs (west of FOC closed M1 Outlet Cen- Óbuda-Újlak FTB Invest Kft. 16.500 Located in immediate proximity to the Premier Out- Budapest) ter lets Center in Biatorbágy. The centre was more a mixture between an OC and a traditional shopping centre. Due to the severe competition, it failed and closed again. The centre is now standing empty!

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Polgár FOC operating M3 Outlet Cen- SJ International BTZ Kft. / M3 Outlet 10.900 9.500 Located on the M3 motorway in Eastern Hungary, ter Service Kft. between Miskolc and Debrecen. Opened on 17th May 2008. Change in management on 1st May 2012 from Jones Lang LaSalle to the developer's management company. Ireland Killarney FOC operating Killarney Outlet European Outlet Green Property 7.000 6.500 Centre Markets Rathdowney FOC closed Rathdowney Morrison Deve- Morrison Develop- 7.500 6.800 Centre was closed in May 2012. Shopping Outlet lopments ments / AWG

Kildare FOC operating Kildare Village Value Retail 10.980 9.500 Project was opened in July 2006. The centre already has a planning consent for a 6,180 m² GLA extension. Dundalk FOC cancelled Ballymac Village n.s. Coverfield Develop- 15.500 Building permission was granted in October 2004. Factory Outlet ments Ltd. / ING Construction work has begun, but due to judicial Centre Real Estate Devel- proceedings the completion and opening originally opments planned for September 2006 was delayed; at the end of 2006, the project was abandoned by the operators due to the delays Dunleer FOC cancelled n.s. Donal Kinsella 10.000 Completion is unlikely due to the development of the competition and the developer’s lack of experience Dublin FOC cancelled City West n.s. Jim Masefield n.s. Up-to-dateness of information uncertain. Project possibly abandoned. Italy

Rovereta (San FOC operating San Marino n.s. San Marino Factory 8.000 5.000 Marino) Factory Outlet Outlet Srl

Serravalle Scrivia FOC operating McArthurGlen McArthurGlen McArthurGlen Group 38.965 30.650 Opened September 2000; approx. 3,500 parking Designer Outlet / Henderson Global spaces. Enlargement by approx. 1,000 m² SA Serravalle Investors / EOMF planned

Bergamo FOC closed La Galleria Morrison Deve- Buontempo 14.000 12.000 Opened in 2003; approx. 1,100 parking spaces. In Factory Outlet lopments the meantime, the centre has been turned into a Center classical shopping centre. Fidenza FOC operating Fidenza Village Value Retail 17.285 15.000 Opened in 2003. Approx. 1,700 parking spaces.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Rodengo Saiano FOC operating Franciacorta Premium Retail Blackstone Group 32.000 28.000 Opened in October 2003; enlargement by approx. (close to Bre- Outlet Village S.r.l. L.P. / European 7,800 m² is planned; approx. 3,000 parking spaces. scia) Fashion Centres In September 2013 the centre was sold by DEGI Deutsche Gesellschaft für Immobilienfonds mbH to Blackstone. Castel Guelfo di FOC operating Castel Guelfo Neinver IRUS Property Fund 24.500 20.000 Opened in May 2004; approx. 1,970 parking spaces. Bologna The Style Out- / ING Real Estate Centre was taken over by Neinver in June 2008 lets Castel Romano FOC operating Castel Romano McArthurGlen McArthurGlen Group 31.200 28.000 Opened in October 2003. Last extension with ap- (close to Rome) Designer Outlet / Henderson Global prox. 7.300 m² SA was opened in April 2013. Ap- Investors / EOMF prox. 2,200 parking spaces

Valmontone FOC operating Fashion District Fashion District Prime Retail / San- 40.000 34.000 Opened in 2003; approx. 3,500 parking spaces; 180 (close to Rome) Valmontone dretto / Draco Spa shops; approx. 6.1 million visitors. At present, besides the OC, plans are underway to also establish a theme park ("Terramagica") as well as hotels Bagnolo San Vito FOC operating Fashion District Fashion District Idea Fimit (MOMA) / 25.000 21.250 Opened in 2003; approx. 3,000 parking spaces; (close to Manto- Mantova Blackstone Real approx. 2.7 million visitors in 2013 va) Estate Partners IV

Santhia (be- FOC closed Fashion District Fashion District 14.500 Standing vacant. Project built but never opened! tween Milan and Santhia Turin) Foiano della FOC operating Valdichiana Premium Retail Gruppo Percassi / 20.000 Opened in July 2005; approx. 3,500 parking spaces Chiana Outlet Village S.r.l. Europ Invest / DEGI

Molfetta (close FOC operating Fashion District Fashion District Idea Fimit (MOMA) / 39.000 33.000 Opened in 2005; in construction phase III, the to Bari) Molfetta Blackstone Real centre was enlarged to approx. 33,000 m² SA in Estate Partners IV 2013; approx. 2,500 parking spaces; approx. 2.3 million visitors in 2013. At present, besides the OC, plans are underway to also establish a theme park ("Miragica - Terra di Giganti"), a Multiplex cinema and hotels Barberino di FOC operating Barberino De- McArthurGlen McArthurGlen Group 26.710 23.000 Opened in March 2006; approx. 2,600 parking spac- Mugello signer Outlet / Henderson Global es. In 2013, the centre had 3 million visitors. The Investors / EOMF / 2nd building phase opended in March 2014. Gruppo Fingen

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Vicolungo (Pie- FOC operating Vicolungo The Neinver IRUS Property Fund 34.200 28.500 Location between Milan and Turin at the intersection mont) Style Outlets of the A26 / A4. Opened in October 2004; construction phase III with an additional 3,700 m² opened 2010. 150 shops and 3,450 parking spaces

Aiello del Friuli FOC operating Palmanova Promos S.r.l. Marangi Immobiliare 24.000 15.000 Opened in May 2008; approx. 90 shops and 2,500 (Palmanova) Outlet Village Srl parking spaces. In 2013, approx. 3 million visitors. Plans are currently underway to round out the facilities with a retail & leisure park Brennero (South FOC operating Outlet Center Shopping Center Huter / Pema Group 14.000 12.850 Opened on 30.11.2007. Located in the town-center Tyrol) Brenner Brenner GmbH / Haslinger Consult- of Brenner, in immediate proximity to the Austrian ing border. In October 2012 an MPreis-Supermarket was added to the centre. In a 3rd building phase an enlargement by another 1,200 m² GLA is planned for 2015. Sestu (Sardinia) FOC operating Sardinia Outlet Cogest Retail Ltd Gruppo Policentro 29.700 15.000 Opened in April 2006; approx. 3,000 parking spaces. Village S.r.l. / Cogest Italia Part of the "La Corte del Sole" shopping centre S.r.l.

Mondovi (Pie- FOC operating Mondovicino Tavolera S.r.l. Viot Cerea S.r.l. / 18.000 15.000 First construction phase, with approx. 60 shops, mont) Outlet Village Tavolera S.r.l. / opened on 16th April 2008; approx. 24,500 m² SA Gelmetti are planned in the final enlargement; approx. 4,700 parking spaces Sant Oreste FOC operating Soratte Outlet Stores Develop- Cesi Scri Boldrin Spa 35.000 30.000 2,500 parking spaces (close to Rome) Shopping ment S.r.l. Villesse (Friaul) FOC cancelled n.s. Bernardi n.s. Up-to-dateness of information uncertain. Project possibly abandoned. Citta Sant' Ange- FOC operating Citta Sant´ CBRE Citta Sant Angelo 25.500 20.000 OC opened on 24.09.2009; an enlargement was lo Angelo Village Outlet Village Spa realized in 2013. Another extension in planned in phase 3. Approx. 4,000 parking spaces Pescara FOC cancelled Martinsicuro n.s. 20.000 According to the available information, the project Shopping Outlet has been abandoned again! Pescara FOC uncertain n.s. n.s. n.s. 22.000 As part of the development of a theme retail park (cars & motorbikes with test track), it is planned to establish an OC as well as an adjoining furniture outlet park with an additional approx. 30,000 m² GLA. The project was presented at MAPIC 2008, but according to available information no progress could be seen so far.

Outlet Centres in Europe – March 2015 27

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Ronchis (close to FOC cancelled GLI Arsenali Stores Develop- GLI Arsenali / Cesi 30.000 Project abandoned. Udine) Outlet Shopping ment S.r.l. Scrl Boldrin Spa

Marcianise (close FOC operating La Reggia De- McArthurGlen Gruppo Fingen / 26.220 20.350 Project was opened in February 2010. Enlargement to Naples) signer Outlet Gianni Carità e Figli in construction phase II in October 2011. Approx. S.r.l. / Studio GM / 145 shops, approx. 2,500 parking spaces. A solar Espansione Com- collector which covers 30% of the centre’s energy merciale S.r.l. needs is installed on 2,700 m² of the roof surfaces.

Noventa di Piave FOC operating Noventa di Piave McArthurGlen McArthurGlen Group 26.000 17.470 Project opened in September 2008; approx. 2,000 (close to Venice) Designer Outlet / Gruppo Fingen parking spaces. Enlargement by approx. 7,100 m² GLA in construction phase III was opened in March 2012. Since January 2012 the centre has the permission for Sunday opening. Roncade (Trevi- FOC cancelled L'Arsenale Con- Lefim S.p.A. Gruppo Basso 18.000 Building was completed years ago; however, the so) temporary opening was delayed again and again. During the Outlet construction phase, the project was marketed under the name "Roncade Outlet Gallery". The attempt to realize an outlet centre there was given up now. The existing building is now supposed to be relaunched as a shopping centre with the themes Art & Design, Fashion, Events and Food and the new name "L'Ar- senale Contemporary Shopping". Taormina (Sicily) FOC cancelled Sicily Designer McArthurGlen 20.000 Location on the A18 motorway between Catania and Outlet Messina. Project is no longer being pursued further by McArthurGlen. Calatabiano FOC uncertain Naxos Fashion CMC Ravenna / 28.000 25.000 Building permission and trading license have been (close to Garden Larry Smith Italia obtained in 2009. It is possible to enlarge by approx. Taormina, Sicily) S.r.l. / Brand Part- 30,000 m² SA to reach 55.000 m² SA. The developer ners Retail Devel- was on the search for investors since years. Obvi- opment Srl ously without any success. Hence the status of the project had to be set to uncertain. Crespina (close FOC uncertain Pisa Outlet Promos S.r.l. 18.000 15.500 Approx. 2,500 parking spaces; opening was planned to Pisa) Village for the second half of 2012 but had to be post- phoned. In the meantime it seems that this project was cancelled.

Outlet Centres in Europe – March 2015 28

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Melilli (Siracusa) FOC closed Fashion District n.s. Tecnall S.r.l. / 24.000 20.000 1st construction phase opened on 11th November Melilli Outlet UniCredit 2010. In a 2nd construction phase, the OC is to be enlarged to approx. 30,000 m². Approx. 2,500 parking spaces. Centre was taken over by Promos in April 2011 (former operator / investor was Fashion District). In November 2012 Promos cancelled its cooperation.Some months later, the centre was closed in 2013. Grisignano FOC cancelled Fashion District Fashion District 30.000 24.000 Approx. 2,500 parking spaces. Opening of the 1st (between Grisignano construction phase (approx. 20,000 m² SA) was Vincenza & planned for end of 2010. Nothing happened yet. Padova) Projekt is probably abandoned. Vicovaro (nor- FOC early plan- Vicovaro Outlet n.s. Parsitalia Real Estate 25.000 Located on the A24 motorway; approx. 2,500 par- theast of Rome) ning phase Roma S.r.l. king spaces

Agira (Sicily) FOC operating Sicilia Outlet Arcus Real Gruppo Percassi / 26.000 22.000 Opened on 26.11.2010. An additional approx. 4,000 Village Estate Srl Arcus Real Estate m² GLA is planned in construction phase II; approx.3,000 parking spaces San Nicola Varco FOC operating Cilento Outlet Promos S.r.l. Irgenre S.r.l., Banca 24.000 17.000 Located on the A9 Salerno - Reggio Calabria motor- - Eboli (close to Village Intesa / Banco di way; approx. 3,000 parking spaces. Enlargement to Salerno) Napoli e Monte di approx. 34,000 m² GLA is planned in construction Paschi di Siena phase II. The centre is open Sundays all year round. Construction began November 2010. Centre was opened at 15th December 2012. Settimo Torinese FOC early plan- Torino Fashion Premium Retail Arcus Real Estate 19.500 16.500 Opening planned for 2015. Approx. 2,000 parking (Piemont) ning phase Mall S.r.l. spaces.

Brugnato (La FOC operating Company Stores Freeport Retail San Mauro SpA, 22.500 17.000 Located at the motorway between Genova and Spezia) Shopinn Brugna- Gruppo Cariparma Livorno. Approx. 2,000 parking spaces. Opening took to 5 Terre Crédit Agricole, place at 10th April 2014. SDA Bocconi MAFED, Jones Lang Lasalle, Coopsette

Reggello-Leggio FOC operating Fashion Valley n.s. Europ Invest 7.000 6.000 Opened at 19th November 2011. (Firenze)

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Fiumicino (close FOC uncertain MID Fiumicino n.s. UNI.ONE Srl / Merli- 29.000 24.000 Located on the Rome – Fiumicino motorway. 130 to Rome) Outlet no Progetti / Larry shops. Opening was planned for 2013, but there is Smith Srl no information so far, that construction work has started. Locate di Triulzi FOC advanced Scalo Milano Promos S.r.l. Lonati Group 20.000 17.500 Located south of Milan. This project was announced (close to Milan) planning by Promos at the MAPIC 2012 and will be build in phase several phases. The outlet center will be part of a multi-use complex (outlet centre, food village, lifestyle centre) with alltogether approx. 43.400 m² GLA. Approx. 4.000 parking spaces. Building permit was issued at 10th March 2014. Opening is planned for 2015. San Giovanni in FOC cancelled n.s. McArthurGlen Villa Conti Srl / 20.000 17.000 In September 2013 Investor withdraw from the Persiceto (close Pirani-Group project due to resistance from regional retailers and to Bologna) - according to available information - limitations in the location factors. San Pellegrino FOC early plan- San Pellegrino Premium Retail Arcus Real Estate 13.000 10.000 Opening planned for 2016. Approx. 1,500 parking (north of Ber- ning phase Outlet S.r.l. spaces. gamo)

Occhiobello FOC uncertain Occiobello Outlet Occhiobello K-Board e Costruzi- 20.000 12.840 Construction work for the centre started in March (Venetia) Village Outlet Village srl oni Generali Italiane 2011 and is almost finished. But due to the econo- / GEM Retail momical crisis there is a lack of demand for outlet space. Opening was delayed again and again. Latvia Riga FOC advanced n.s. n.s. BPT / Rohleder 8.000 7.000 Redevelopment of the shopping centre "Olimpia". planning Lumby Retail / SJ Centre will include an existing grocery store, a fit- phase International / ness center and a food court. Holder Mathias Architects Riga FOC cancelled n.s. n.s. Colliers n.s. An OC was planned on Riga Airport. Opening was planned for autumn 2007, but there have been no signs of the completion of the project to date. Pro- ject was possibly abandoned at last. Lithuania Vilnius FOC operating Parkas Outlet Ogmios Ogmios 16.500 12.700 Located in north of Vilnius. Opening 2008. Mixture Centre between outlet and off-price centre. 54 outlet shops. Approx. 350 ground-level parking spaces

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Luxembourg

Roeser (Canton FOC cancelled n.s. n.s. Livange Developpe- 28.000 The first outlet-mall of Luxemburg and a shopping Esch-sur-Alsette) ment S.A. centre are to be built next to a new football stadium for 10,000 visitors. Project is compatible with the “sectoral plans” of the State Government. In July 2011, the masterplan for the project was presented by the project developer. Since, the project was dealt with in Parliament in October 2011 and it became clear, that the planned area size will have to be reduced markedly. In addition, in 2012 there were press reports about rumours of bribery in the context of this project. So far no progress was made, so it can be assumed, that this project was cancelled. Netherlands

Roermond FOC operating Roermond McArthurGlen McArthurGlen Group 35.045 32.645 Opened in November 2001; approx. 4,750 parking Designer Outlet / Henderson Global spaces. The OC is open on Sundays all year round. Investors / EOMF / At present, an average of approx. 65 % of all visitors Richardsons Captial come from Germany LLP

Lelystad FOC operating Batavia Stad Batavia Stad Freeland / Stable 26.000 24.000 Opened in 2001 Fashion Outlet Management International B.V. Roosendaal FOC operating Rosada Fashion Stable Internati- Stable International 15.700 12.500 Project opened by MDG in November 2006 and then Outlet onal Development B.V. / sold to CBRE's fund DRET Masterfund CV; in De- Resolution Property cember 2012 it was sold to Resolution Property. According to the available information, the outlet centre for some years did not show satisfactory business results. As of January 2010, the investor initiated a change of operator from McMahon Devel- opment to Stable International. Construction work has started in 2015 to add an additions 8,000 m² GLA and another 900 parking-spaces; opening of the extension is scheduled for spring 2016.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Bleizo (southeast FOC cancelled n.s. Stable Internati- 20.000 17.000 Project was to be built together with a leisure park of Zoetermeer) onal and an office centre. Another 5,000 m² GLA was supposed to be added in a further construction phase. In December 2012 the Government of the province of South-Holland decided by a small majori- ty to refuse the building-permit for this project. Haarlemmerliede FOC advanced Amsterdam The Neinver 18.000 15.000 Part of the "Sugar City" multi-use comlex (super- (near Amster- planning Style Outlets market, hotel, entertainment, offices). The zoning dam) phase plan was adopted by the municipality in December 2009. Construction work is supposed to start soon. Opening is scheduled for 2016. Almelo FOC early plan- n.s. n.s. BAM / Wyckerveste 8.000 7.000 In combination with the construction of a new foot- ning phase ball arena, a retail complex with a total of 22,000 m² GLA is planned. Part of this retail complex is a small Outlet Centre. This retail complex is supposed to be necessary to finance the arena. Zevenaar (Pro- FOC early plan- n.s. Stable Internati- Veluwezoom Verkerk 12.000 10.000 In immediate proximity to the German border an vince Gelder- ning phase onal / Konder Wessels Outlet Centre is planned as part of a shopping land) Projecten centre (including a wellness centre). The location is situated at the motorway exit Zevenaar-East of the motorway A 12 (resp. A 3 in Germany). The town council already issued a building permit, but the province adminstration is still trying to stop the project on the basis of ecological aspects. An impact study is commissioned which will be presented in January 2015 Opening is scheduled for 2018. Winschoten FOC early plan- Fort Lucas n.s. Vastgoud 20.000 17.500 Redevelopment of the former Lucas Hospital, (Province Gron- ning phase Outlet Gronin- whereas at the ground floor 70 - 100 outlet stores ingen) gen and above flats and a residential care home for the elderly are planned. Assen (Province FOC early plan- n.s. n.s. FOC Assen BV / 15.000 13.000 Competing project to the Fort Lucas Outlet Groning- Drenthe) ning phase Revascom en (see above). In January 2015 the investor signed a LOI with the city of Assen to develop an outlet centre at a site closeby to the motorway crossing A28 / N33 in the south of the city. The first building phase will consist of approx. 15.000 m² GLA and will open in 2017.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Norway

Vestby FOC operating Norwegian Norwegian Castelar Corporate 12.500 11.000 Project was opened in June 2010! In addition, ap- Outlet Oslo Outlet Finance ASA, Glas- prox. 6,000 m² GLA are planned in a further con- tad Farsund AS & struction phase. Fortus AS

Ålgård FOC early plan- Norwegian Norwegian Glastad Farsund AS / 10.000 8.500 Location close to the international airport Helsinki- ning phase Outlet Ålgård Outlet Fortus AS Vantaa, opposite to IKEA. Opening is planned for 2016.

Poland Sosnowiec FOC operating Fashion House Fashion House Liebrecht & Wood 17.000 15.000 Opened in 2004; approx. 1,200 parking spaces; 2nd (Schlesien) Outlet Centre Management construction phase was opened in September 2008. Sosnowiec Warszawa FOC operating Factory Warsza- Neinver IRUS Property Fund 13.500 11.000 Located in immediate proximity to the Ursus tractor wa Ursus plant in the Warzaw district of Ursus. Opened in December 2002. Extension in 2006. Approx. 450 parking spaces Szadólki (close FOC operating Fashion House Fashion House Liebrecht & Wood 16.700 15.000 Opened in 2005. Approx. 800 parking spaces to Gdansk) Outlet Centre Management Gdansk Piaseczno (south FOC operating Fashion House Fashion House Liebrecht & Wood 17.300 15.500 Opened in 2005. Up to now, 3 construction phases of Warszawa) Outlet Centre Management have been completed. Approx. 1,000 parking spaces Warsaw Wroclaw FOC operating Factory Wroclaw Neinver IRUS Property Fund 13.800 11.500 Opened in October 2006; approx. 1,200 parking spaces. The centre is part of the retail park "Futura Park" (with Carrefour, Castorama, Deichmann, Smyk, Media Expert), a retail park that was developed by Neinver in 2008. Lubon (south of FOC operating Factory Poznan Neinver IRUS Property Fund 14.800 12.500 Construction phase I was opened in September Poznan) 2007, and phase II in September 2008; approx. 1,200 parking spaces Modlniczka FOC operating Factory Kraków Neinver Neinver / TIAA- 22.300 18.000 Located on the A4 motorway. Location shared with (close to Henderson Real the "Futura Park" retail park with a total of approx. Kraków) Estate 140 shops and approx. 1,400 parking spaces. Ope- ned in October 2011. Warszawa FOC cancelled Centra Outlet n.s. Premiumred 15.300 The construction of a further 7,400 m² SA is planned Village Warsaw in a 2nd construction phase

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Warszawa FOC operating Factory Warsza- Neinver Neinver / TIAA- 19.800 16.000 Approx. 100 shops and approx. 900 parking spaces. wa Annopol Henderson Real Construction work startet in February 2012, opening Estate took place at 13th March 2013. Poznan FOC cancelled Centra Outlet n.s. Premiumred 24.200 Up-to-dateness of information uncertain. Project has Village Poznan possibly been abandoned. Wroclaw FOC cancelled Centra Outlet n.s. Premiumred 24.100 Up-to-dateness of information uncertain. Project has Village Wroclaw possibly been abandoned. Warszawa FOC cancelled n.s. McArthurGlen Inter IKEA Centre 25.000 Located immediately next to the existing Targowek Group Park Handlowy retail park (includes IKEA, Decathlon, Electro World and Domoteka). McArthurGlen has withdrawn from the project again. Wolica FOC cancelled Premium Factory Sybil Maximus 9.000 (southwest of Outlet Ltd Warszawa) Szczecin FOC operating Outlet Park Echo Investment Echo Investment 16.370 13.720 It was originally planned to build an Astra shopping Szczecin centre at the location. The outlet centre was opened at 07th November 2012. Approx. 130 stores, thereof approx. 55 outlet stores. 900 parking spaces. The outlet centres incorporates a seven-screen cinema, a Piotr & Pawel supermarket and a Smyk Mega Store. Approx. 2.2 m visitors in 2013. Hybrid form of an outlet centre and a shopping centre. Phase II with additional 8,500 m² GLA will start in 2015. Rzgów (close to FOC operating Ptak Outlet Ptak S.A. Ptak Holding / 1A 27.000 23.000 Opened in October 2012. Location inbetween an Lodz) Outlet GmbH (Leas- agglomeration of large scale retail businesses with ing) alltogether approx. 120,000 m² GLA. The outlet center is build as a mall type with approx. 1,000 parking spaces. Bialystok FOC under Outlet Białystok Outlet Center ADV POR Property 14.000 12.000 Location in immediate proximity to a Castorama construction Retail Manage- Investment SA / supermarket. Approx. 700 parking spaces, therof ment SA Blue Ocean Invest- approx. 300 in an underground garage. Construction ment Group (BOIG) work started in August 2014. Opening is planned for / CBRE Spring 2015. Lublin FOC under City Outlet CBRE ADV POR Property 12.100 10.000 Building permit was issued in June 2013. 800 park- construction Lublin Investment SA / ing places. The opening was planned for the 1st Outlet Center Retail quarter 2014, but was then delayed to December Management SA 2014 and had to be delayed again. s.k.a.

Outlet Centres in Europe – March 2015 34

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Portugal

Carregado (close FOC operating Campera Outlet ESAF Mercasa 10.000 to Lissabon) Shopping Alcochete (close FOC operating Freeport Outlet Freeport Retail Freeport 73.850 48.350 Approx. 2,475 parking spaces to Lisbon) Alcochete Movidas (Vila do FOC operating Vila do Conde Neinver IRUS Property Fund 29.000 24.000 Opened in November 2004; approx. 2,600 parking Conde) The Style Out- spaces. Enlargement by approx. 13,150 m² SA, as lets well as an additional 1,400 parking spaces is planned in construction phase II. The centre is part of NAS- SICA, a large retail park complex. Alcantarilha FOC uncertain Algarve Fashion Realm Outlet Bergerac Estates / 13.200 Opening was planned for 2009, but to date no build- Outlet Center Centre Ma- RJ McKinney ing activity is observable. Approx. 1,080 parking nagement spaces Faro FOC advanced Algarve The Neinver 23.000 18.000 Located approx. 12 km away from Faro. Approx. planning Style Outlets 1,600 parking spaces. Opening is scheduled for phase 2016.

Romania

Bukarest FOC operating Fashion House Fashion House The Outlet Company 20.000 14.500 Opened in November 2008. Location on the Bucha- Outlet Centre Management / Liebrecht & Wood rest ring motorway (running towards Pitesti) is Bucharest within the "West Park" retail park (includes Horn- bach and Kika). Approx. 2,150 parking spaces. The OC is to be enlarged to approx. 28,100 m² in a 2nd construction phase. Bukarest FOC cancelled Fashion House Fashion House The Outlet Company 23.500 A 2nd fashion house location is planned on the east Outlet Centre Management side of Bucharest. Approx. 1,440 parking spaces: Bukarest East Opening was initially planned for 2012, but no planning progress could be observed so far. It can be assumed that this project was cancelled. Bukarest FOC cancelled Escape Outlet American Outlet 16.000 Shopping Centre Overseas

Bukarest FOC cancelled Mega Designer The MEGA CRC Chameleon 35.000 Located on the western extension of the Bulevadul Outlets Company Retail Consultancy Iuliu Maniu, on the A1 motorway (Bucuresti-Pitesti). The ground-breaking ceremony took place in April 2008. However, according to the available information, the project seems to have been abandoned again in the meantime.

Outlet Centres in Europe – March 2015 35

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Timisoara FOC cancelled Timisoara Outlet Promos S.r.l. 18.000 Approx. 2,500 parking spaces. An enlargement by Village approx. 7,000 m² is planned in construction phase II. Opening was originally planned for end of 2010, but no planning progress could be observed so far. It can be assumed that this project was cancelled. Russia Moscow FOC operating Brandcity Outlet 000 Way MKAD 000 Way MKAD Location at the periphery of Moscow. Opened in Center 30.000 26.000 early 2012. Approx. 2,000 parking spaces. Moscow FOC operating Fashion House Fashion House The Outlet Company 26.640 25.000 Location directly next to Sheremetyevo International Outlet Centre Management / Liebrecht & Wood / Airport, on the connecting road between Moscow Moscow Magazin Magazinov and St. Petersburg. In total approx. 165 shops and approx. 1,820 parking spaces. Construction began in April 2011. Opening took place at 27th June 2013. Kotelniki (Oblast FOC operating Outlet Village n.s. Belaya Dacha / 38.000 30.000 Kotelniki is located approx. 22 km south-east of Moskau) Belaya Dacha Hines International Moscow. First building phase of the centre opend on Real Estate Fund / 18th August 2012. Approx. 4,000 parking spaces. Kotelniki Village Holding Company Ltd. / Cushman & Wakefield

St. Petersburg FOC uncertain Fashion House Fashion House 20.260 17.000 Location to the south-west of St. Petersburg near Outlet Centre St. Management Pulkovo Airport. Approx. 1,050 parking spaces. Petersburg Opening was delayed again and again. But there is no information that even construction work has started. Hence the status of the project was set to uncertain. Novosaratovka FOC cancelled Utka Outlet Freeport Retail Utkina Zavod Deve- 23.000 19.000 Completion was scheduled to take place in 2 con- (close to Lenin- Centre lopment struction phases. The first phase was announced to grad) open in summer 2012, the second in 2014. But nothing happened so far. It can be assumed that this project was given up. Moscow- FOC operating Vnukowo Village n.s. Colliers International 16.580 14.000 Location near the new Vnukowo Moscow Airport in Vnukowo Outlet / Dmitry Kulkov / the south-western part of the city. Opening took Rossiyskiy Kredit place at 30th May 2013. Approx. 2,000 parking Bank spaces. In a second building phase an additional 10,280 m² GLA plus 600 parking spaces are added to the project

Outlet Centres in Europe – March 2015 36

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² St. Petersburg FOC advanced Pulkovo Outlet n.s. Belaya Dacha / 20.000 18.000 Location at the Kievskoye Shosse, the main road planning Village Hines International leading to the Vnukowo airport. Opening was sched- phase Real Estate Fund / uled for spring 2012, according to available infor- Espro Group / UFG mation now the opening will take place in summer Asset Management 2015.

Yekaterinburg FOC early plan- Fashion House Fashion House 22.000 19.000 Fashion House is on site research for this project. ning phase Outlet Centre Management Yekaterinburg

Serbia Indija (close to FOC operating Fashion Park GVA Outlet Black Oak Develop- 15.000 13.000 Approx. 1,200 parking spaces. Location on the E75 Belgrade) Outlet Centre Services ments / Colliers motorway between Belgrade and Novi Sad. Con- Indija International struction began in autumn 2010. The centre was opened in April 2012. An enlargement to a total of 30,000 m² SA is planned in a 2nd construction phase, which is announced to be opened by the end of 2016. Stara Pazova FOC uncertain Designer Outlet Roses Values Dayland Group / 9.000 7.000 Project is to be completed a 3rd construction phase; (close to Bel- Stara Pazova Eyemaxx Real Estate in the final enlargement phase, 150 shops are grade) planned on 24,500 m² GLA. Opening of the 1st construction phase was postponed several times already, so the status had to be set to "uncertain". Slovakia Senec FOC uncertain D1 Outlet City Stable Internati- IPEC 10.600 9.000 Construction began in November 2010. Opening was onal planned for autumn 2011 but was delayed, first, to March 2013, then to atumn 2013. Enlargement to approx. 19,600 m² GLA was planned in later phases. Currently there is no new opening date announced and it is not clear whether or not construction work has been stopped. Due to that, the status had to be set to "uncertain". Voderady pri FOC operating One Fashion Freeport Retail Realiz, SJ Interna- 15.700 14.000 Located immediately next to the Samsung branch at Trnave Outlet tional GmbH, Rioja the intersection of the D1 and R1 motorways, ap- Developments Ltd., prox. 30 minutes’ drive north-east of Bratislava. Rohleder& Lumby Approx. 1,300 parking spaces. Construction work Retail, Holder Mathi- started in November 2012. Opening took place at as Architects 30th October 2013. In additional phases it is planned to enlarge the centre up to 36.500 m² GLA.

Outlet Centres in Europe – March 2015 37

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Slovenia

Ljubljana FOC cancelled Premier Outlets GVA Outlet JV Development, 25.000 22.000 Located on the A2 motorway near Ljubljana Airport. Center Ljubljana Services Raiffeisen Leasing The opening, which was originally planned for autumn 2010, has been postponed to spring 2012, but until today nothing happened. According to the available information, the project is abandoned. Spain Madrid FOC operating Getafe The Style Neinver IRUS Property Fund 21.000 18.000 Opened in November 1999. Approx. 4,500 parking Outlets spaces. An outlet store with 7,000 m² in the centre is occupied by "El Corte Inglés Centro de Oportuni- dades". Located at the intersection of the A4, M45 and M50. The centre is part of the NASSICA Retail and Leisure Park. La Roca FOC operating La Roca Village Value Retail 18.500 15.000 Currently there is construction work to extend the (Barcelona) centre by approx. 6,000 m² GLA. The extension will be open for trading in summer 2014. Las Rozas (close FOC operating Las Rozas The Neinver IRUS Property Fund 9.600 8.500 Opened in December 1996 as the first outlet centre to Madrid) Style Outlets of Neinver at the intersection of the A6 and the M503 ring road. Approx. 1,250 parking spaces. Las Rozas (close FOC operating Las Rozas Vil- Value Retail 15.870 13.500 to Madrid) lage Marratxi (Mallor- FOC operating Festival Park Es Mirral Deve- Varde 9.000 8.000 Located on the motorway from Palma to Inca. Ap- ca) Outlets lopment prox. 2,600 parking spaces. Aldaia (close to FOC operating Factory Bonaire Riofisa 15.000 13.500 Valencia) Sevilla FOC operating Sevilla Factory Unibail Rodamco Unibail Rodamco 16.500 14.000 San José de la FOC operating Sevilla The Style Neinver IRUS Property Fund 16.400 13.000 Opened in March 2001. Extension by approx. 1.200 Rinconada (close Outlets m² in 2012. Approx. 1,200 parking spaces. Location to Sevilla) close to Sevilla airport. Bormujos (close FOC operating Multi Factory n.s. 9.000 8.000 to Sevilla) Aljarafe Los Barrios FOC operating Factory Guada- Cadiz Guada- 10.000 8.800 (Cadiz) corte corte San Vicente de FOC operating San Vicente n.s. ING Real Estate 13.000 10.500 Raspeig (close Outlet Park to Alicante)

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Barakaldo (close FOC operating Fashion Outlet Jones Lang Resolution Property 20.000 17.500 Located in a part of the "MegaPark" shopping and to Bilbao) Barakaldo LaSalle leisure centre with a total area of 125,000 m²

Alcorcón FOC closed Alcor Plaza Twin Fall 9.200 Centre closed! Factory Outlet San Sebastian FOC operating San Sebastian Neinver IRUS Property Fund 23.800 20.000 Opened in September 2006. Approx. 2,700 parking de los Reyes de los Reyes spaces. The centre is part of the large ALEGRA (north of Ma- The Style Out- shopping and leisure complex (feat. Decathlon with drid) lets 10,600 m²). The centre is linked by tube and busses to Madrid. Located at the intersection of A1, M50 and R2. Malaga FOC operating Factory Outlet Detea Immobiliaria Iber- 10.000 Part of the "Parque Comercial Malaga Nostrum" Malaga drola shopping & leisure park Tui (Galizien) FOC operating OutleTUI DG Center 19.000 Fashion Center Atlantico Maspalomas FOC cancelled Faro 3 Designer GVA Outlet 9.000 In Phase I (Gran Canaria) Outlet Center Services Saragossa FOC uncertain Venice Port Retail Parks n.s. Concello de FOC operating Coruna The Neinver Neinver 12.900 10.000 Located close to Coruna airport. Approx. 76 shops Culleredo (close Style Outlets and 860 parking spaces; opened on 04.05.2011 to Coruna) La Jonquera FOC operating Gran Jonquera Ainalita Grupo Escudero 12.000 10.000 Project shares location with a hypermarket and other (Katalonia) Outlet & Shop- specialist retailers. Approx.2,000 parking spaces; ping building permission was granted in July 2009. Open- ing was in May 2013. Currently there are still a lot of stores unlet.The centre is to open 365 days a year. Viladecans FOC advanced Viladecans The Neinver Neinver / TIAA- 26.500 21.000 Located between Castelldefels and the Barcelona (Katalonia) planning Style Outlets Henderson Real Airport El Prat. Construction work is supposed to phase Estate begin soon. Opening is scheduled for autumn 2016.

Malaga FOC advanced McArthurGlen McArthurGlen Sonae Sierra 17.000 14.000 Site located adjacent to the "Plaza Mayor Leisure planning Malaga Park & Shopping Centre" (Sonae Sierra) just off the phase A7 motorway and close to the airport. The project will be developed in 2 phases: First, 17,000 m² GLA and second an additional 13,000 m² GLA. Opening of phase 1 is scheduled for 2017. Construction work is supposed to start in autumn 2015.

Outlet Centres in Europe – March 2015 39

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Sweden

Järfalla (close to FOC operating Stockholm Jones Lang Retail Parks AB / 12.500 Stockholm) Quality Outlet LaSalle IKANO Barkaby Arlandastad FOC closed Arlandastad Outlet Centres 12.500 Centre closed! Outlet Village International (OCI) Kungsbacka FOC operating Freeport Outlet Freeport Retail Freeport 16.700 15.700 Opened in 2001; approx. 1,000 parking spaces; (close to Go- Kungsbacka enlargement by approx. 1,000 m² planned by 2012 thenbourg) Löddeköpinge FOC cancelled Outlet Skane Reteam Group Löddeköpinge Tra- 10.500 9.000 An outlet centre was planned as a follow-up use of a ding Ltd commercial property, which was vacant for many years. Located in an aggomeration of large scale retail units (e.g. Syd Shopping Centre, Bauhaus) in the north of Malmö. But the outlet centre was never realized. The new owners are looking for an other usage. Södertalje FOC closed Festival Park Festival Park 14.000 Centre closed! Södertalje Switzerland Murgenthal FOC operating Outletpark Interdomus AG Interdomus AG 10.000 8.000 Opened 1996 in the premises of the former Hanro- (Canton Aargau) factory. 200 parking spaces Villeneuve (Can- FOC closed Villeneuve Outlet Villeneuve Outlet Procimmo SA 10.000 8.000 Located in the industrial zone of Villeneuve, visible ton Vaud) Management but at the same time poorly accessible from the motorway A 9. According to available information the centre was poorly performing. In 2008 / 2009, Studio Silvio Tarchini (Foxtown Factory Shops) gave up operation and Proocimmo took over the object. In August 2014, after some years of poor trading and an increasing number of unlet stores, the centre was closed down. The owner intends to do a relaunch of the site with a new concept. Therefore he applied for a new building permit in February 2015. Construction work is supposed to start soon. Re- opening is scheduled for spring 2016. Mendrisio (Can- FOC operating Foxtown Factory Studio Silvio 30.000 25.000 Opened in 1995; Enlargement by approx. 7,500 m² ton Tessin) Stores Tarchini planned Rümlang (Can- FOC closed Foxtown Factory Studio Silvio 5.000 OC was turned into a classical shopping centre due ton Zürich) Stores Tarchini to lack of success

Outlet Centres in Europe – March 2015 40

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Wettingen (Can- FOC closed FOC Wettingen FOC Wettingen 5.000 Centre closed! ton Aargau) AG Schönenwerd FOC operating Fashion Fish Tomaro AG Tomaro AG 16.000 13.500 Enlargement by approx. 3,500 m² SA was opened in (Canton Solo- Premium Factory April 2013. thurn) Outlet Aubonne (Can- FOC operating Outlet Aubonne Inter IKEA Inter IKEA Centre 16.000 13.000 Project was opened on 24.10.2007 ton Vaud) Centre Switzer- Group land S.A. Landquart, Igis FOC operating Designer Outlet ROS Retail ING Real Estate 21.000 18.000 Building permission was granted in December 2006. (Canton Grau- Landquart Outlet Shopping Construction started in July 2008, centre opened on bünden) 26th November 2009. As the whole Canton of Grau- bünden is a well-known tourist area, the OC can be open on Sundays all year round . At the end of August 2012, the management of the centre changed from Fashion House to ROS. Wigoltingen FOC advanced Fashion Outlet n.s. JTM Rütenen AG, 10.000 Since 2006 there are plans to develop an outlet (Canton Thur- planning Edelreich Nüesch Develop- centre on this site in immediate proximity to the gau) phase ment AG motorway A1 / A7 (Constance - Zurich). The neighbouring German cities are opposing this project, but the appeals brought by the German towns of Con- stance, Radolfzell and Singen were rejected by the municipality at the beginning of September 2010. Should a law suit be brought by the German towns, the Canton of Thurgau and then, if need be, the Constitutional Court of Thurgau must deal with the case. Opening was planned for 2011, but has been postponed at first to autumn 2013, then summer 2015. Now, on the basis of "new findings" the municipalities of Wigoltingen and Müllheim have stopped the planning process. According to the developer, now the opening of the centre is planned for spring 2016. In a fist building phase, the centre will have approx. 10,000 m²; a Salesarea size of 30,000 m² is planned in the final enlargement phase. Ukraine Kiev FOC uncertain Fashion House Fashion House 18.000 15.000 Since some years, the Fashion House Group an- Outlet Centre Management nounces to plan an OC near the Ukrainian capital Kiew Kiev. So far, no progress could be observed.

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Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Kiev FOC under Kiev E95 Outlet n.s. EVO Land Develop- 16.730 13.000 Located 12 km to the south of Kiev at the intersec- construction Center ment, CRC Chame- tion of the E95 motorway (to Odessa) and the new leon Retail Central- ring motorway around Kiev. The centre is to be europe Ltd, DTZ enlarged to a total of approx. 26,050 m² GLA in 2 Ukraine further construction phases. 134 shops (including a supermarket). Approx. 2,300 parking spaces. Build- ing permission has been granted. Construction work was supposed to start in March 2013, but according to available information, only the site preparation works happened so far. Opening was announced for April 2014, but nothing happened. It can be as- sumend that due to the political turmoil in the Ukraine, the opening had to be delayed. Khodosivka FOC operating Manufactura ADC Group ADC Group, DEA 18.000 15.000 Located closeby to the largest shopping mall in Kiev (south of Kiev) Real Estate Advisor "Mega Market". In combination with the outlet centre, there will be a hotel with 40 rooms. Approx. 1.200 parking spaces. Opening took place in October 2013. United Kingdom

Bicester FOC operating Bicester Village Value Retail 22.135 20.000 The neighbouring Tesco Supermarket is to be de- (Oxfordshire) molished to give way for the extension of approx. 4.275 m² GLA of the outlet centre. The Tesco will move to another site nearby. Ellesmere Port FOC operating Cheshire Oaks McArthurGlen McArthurGlen Group 32.345 30.005 Opened in March 1995; approx. 3,200 parking spac- (Cheshire) Designer Outlet / Henderson Global es. European OC front-runner for visitor frequency, Investors / UKOMF with currently just under 8 million visitors p.a.

Swindon FOC operating Swindon Desig- McArthurGlen McArthurGlen Group 19.200 17.000 Opened in March 1997; approx. 1,850 parking spac- (Wiltshire) ner Outlet / Henderson Global es. Utilisation of an old steam locomotive factory Investors / UKOMF which is protected as a historic monument. Con- struction work will shortly begin to enlarge the centre by approx. 4,600 m² SA, to be completed by 2014 Hatfield FOC operating The Galleria Land Securities GE Capital Real 29.700 14.500 (Herfordshire) Estate Street (Somer- FOC operating Clarks Village Realm Outlet Hermes Real Estate 20.000 17.185 set) Centre Ma- nagement

Outlet Centres in Europe – March 2015 42

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Hornsea (East FOC closed Freeport Horn- Realm Outlet 8.100 The OC was sold by Freeport to a pension fund in Yorkshire) sea Outlet Vil- Centre Ma- 2005. According to the available information, the lage nagement centre had increasing problems and was closed in 2009. Hartlepool (Cle- FOC closed Jacksons Schroder Proper- 5.500 Centre closed since July 2004! veland) Landing ty

Fleetwood (Lan- FOC operating Freeport Fleet- Realm Outlet Hermes Real Estate 11.000 9.500 Centre opened 1995 and was remodelled, rebranded cashire) wood Centre Ma- / LaSalle Investment and relaunched by Realm in 2006 nagement Management

Doncaster FOC operating Lakeside Village Realm Outlet Realm Outlet Centre 15.000 13.500 Centre is part of the 300 acre mixed use develop- (South Yorkshi- Centre Ma- Management / ment known as the Doncaster Lakeside Project re) nagement LaSalle Investment Management

North Shields FOC operating Royal Quays Waxy Manage- North Shields In- 15.000 12.300 Location is quite next to the International Ferry (Tyneside) Outlet Centre ment vestment Properties Terminal with connections to the Netherlands. Batley (West FOC operating The Mill The Mill Ma- 11.610 10.000 Enlargement by approx. 2,000 m² GLA is planned. Yorkshire) nagement 550 parking spaces

South Norman- FOC operating East Midlands McArthurGlen McArthurGlen Group 16.400 14.030 Opened in October 1998; approx. 1,600 parking ton (Derbyshire) Designer Outlet / Aviva Investors / spaces Richardsons Capital LLP

York FOC operating York Designer McArthurGlen McArthurGlen Group 22.700 21.325 Opened in November 1998; approx. 2,700 parking Outlet / Aviva Investors / spaces Richardsons Capital LLP

Ashford (Kent) FOC operating Ashford Desig- McArthurGlen McArthurGlen Group 18.665 16.100 The architect of the centre was Lord Richard Rogers. ner Outlet / Ashford Limited Opened in March 2000; approx. 1,300 parking spac- Partnership and es. Extension is planned by another 17,000 m² GLA. different UK Pension The application to extend the centre was submitted Funds to borough council in November 2014. If approved, the development would be delivered in two stages, with the first phase expected to open in 2016 or early 2017 and the second by 2019.

Outlet Centres in Europe – March 2015 43

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Bridgend (Wa- FOC operating Bridgend Desig- McArthurGlen McArthurGlen Group 19.415 18.050 Opened in May 1998; approx. 2,000 parking spaces. les) ner Outlet / Henderson Global Besides 90 outlet shops, there is also a cinema Investors / UKOMF centre

Livingston FOC operating Livingston De- Realm Outlet LaSalle Investment 28.040 24.565 Opened in October 2000; approx. 2,000 parking (Scottland) signer Outlet Centre Ma- Management spaces. At present, 83 outlet shops, as well as fit- nagement ness club and Multiplex cinema centre. 1,755-space multi-storey car park plus 502 surface car park spaces. Alexandria FOC closed Loch Lomond The Guinea 5.500 Centre closed! (Scottland) Factory Outlet Group Clacton on Sea FOC operating Clacton Factory Savills Kames Capital 12.500 11.000 Approx. 1,000 parking spaces. (Essex) Outlet Ebbw Vale FOC operating Festival Park Chester Proper- 9.300 8.500 The completion of a further 2,300 m² GLA is (Wales) Outlet Shopping ties planned in a 2nd construction phase from 2011 on- & Leisure wards Tillicoultry FOC operating Sterling Mills Realm Outlet CBRE Investors 10.000 8.000 (Scottland) Outlet Shopping Centre Ma- Village nagement Westwood FOC closed Freeport Scot- Freeport Retail 8.500 Centre closed! At present, plans are underway to (Scottland) land Outlet revitalise i.e. relaunch the centre Village Rowsley (Der- FOC operating Peak Shopping Dresler Smith Managed Estates 6.000 5.000 byshire) Village Dungannon FOC operating The Linen Green Maggasted 11.500 10.000 (Northern Ire- Community land) Development Gretna (Scott- FOC operating Gretna Gateway Jones Lang 11.000 land) Outlet Village LaSalle Braintree FOC operating Freeport Realm Outlet Hermes Real Estate 20.000 18.500 The centre was remodelled, rebranded and (Essex) Braintree Centre Ma- relauched by Realm in 2006 nagement Gilford (Northern FOC uncertain Gilford Outlet Lordland Inter- 10.000 Addition of approx. 2300 m² exhibition and event Ireland) Mill national area. Glasshoughton- FOC operating Junction 32 Realm Outlet Hermes Real Estate 25.000 23.200 Opened 1999; remodelled, rebranded and re- Castleford (West Centre Ma- / LaSalle Investment launched in 2006. Approx. 1.400 parking spaces. Yorkshire) nagement Management

Portsmouth FOC operating Gunwharf Quays Land Securities 18.000 15.000 (Hampshire)

Outlet Centres in Europe – March 2015 44

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² Stoke on Trent FOC operating Freeport Talke Realm Outlet Hermes Real Estate 15.000 12.070 There are plans to extend the centre and to bring in (Staffordshire) Centre Ma- / LaSalle Investment independent businesses such as hairdressers, beauty nagement Management treatments or key cuts.

Bideford (North FOC operating Atlantic Outlet CBRE Manage- Drake Bideford 13.470 8.800 A hypermarket with approx. 5.000 m² SA is to be Devon) Village ment Limited / The Wes- added to the location sex Fund / Realm

Whiteley (Hamp- FOC closed Whiteley Village Raven Russia British Land 18.000 15.000 Due to the pressure of competition from the rival shire) Ltd. locations of Gunwharf Quays (Portsmouth) and West Quay (Southampton), the centre failed to achieve the expected financial success. After only less than 10 years of operation, the centre was demolished and in its place a shopping centre with approx. 32,000 m² GLA and 1,136 parking spaces was established. The shopping centre opened on 23rd May 2013. Salford Quays FOC operating Lowry Outlet Peel Holdings Peel Holdings 28.000 18.580 Located closeby to the Football stadium of Manches- (bei Manchester) ter United (Old Trafford) at the Salford Docks. Mall- Center with 2 sales-levels. Aldershot FOC closed The Galleries The Guinea 12.000 According to the available information, the centre (Hampshire) Group was closed due to an increase in vacant shop units! Murton FOC operating Dalton Park Knight Frank ING Real Estate / 14.900 13.000 In March 2013 ING Real Estate received the building (Durham) Outlet Shopping Peveril Securities permit, to add a supermarket, cinema, restaurants, Centre petrol station, hotel and a pub to this centre. Con- struction work for this 2nd phase is supposed to start 2014. Dundee (Scott- FOC closed City Quays Forth Properties 5.000 Due to lack of success, the OC was closed and will land) be turned into a leisure and fashion centre Brighton (East FOC operating Brighton Marina Parkridge Deve- 15.000 13.500 Sussex) Shopping lopments Chatham FOC operating Dockside Outlet DTZ 13.500 (Medway) Centre Antrim (Northern FOC operating Junction One n.s. CUSP / The Kennedy 25.000 22.800 Approx. 3,000 parking spaces. Enlargement by Ireland) International Group / Dunalastair approx. 5,500 m² SA is planned Outlet Shopping Estates / The Guinea Group

Outlet Centres in Europe – March 2015 45

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² West Bromwich FOC operating Astle Outlet Park Realm Outlet B.I.S. (Postal Ser- 13.000 11.600 (West Midlands) Centre Ma- vices Act 2011) nagement Company Ltd.

Banbridge FOC operating The Outlet The Outlet West Register / 20.000 18.000 Project was opened at the beginning of April 2007. (Northern Ire- Village Ban- Village Ban- Ulster Bank / Royal According to the available information, business has land) bridge bridge Bank of Scotland not been satisfactory to date. There are still a lot of store units vacant. In 2014 plans were announced to integrate more leisure attractions (e.g. Omniplex Cinema). Kendal (Cum- FOC operating K-Village, the Kendal Riverside CUSP / The Kennedy 9.000 7.430 bria) Lakes Outlet Ltd Group / The Guinea Group

Gloucester FOC operating Gloucester Peel Holdings Peel Holdings / 31.000 17.900 The OC is part of an extensive regeneration measure (Gloucestershire) Quays Outlet British Waterways in the harbour district; phase I 2007 College, phase Shopping II 2008 road connections, phase III 2009 outlet centre. Approx. 1,400 parking spaces. Phases I + II concluded. Opened in May 2009. Spalding (Lin- FOC operating Springfields Chester Proper- Chester Properties / 12.000 10.000 Opened in 2004 colnshire) Outlet Shopping ties UBS Triton / Mark- & Festival Gar- ham Vaughan Gillin- dens gham Galashiels FOC uncertain Eildon Walks Bridgemanors 7.500 Up-to-dateness of information uncertain. Project (Scottland) possibly abandoned. Middleton (Man- FOC uncertain Warwick Mill New Capital 10.000 Up-to-dateness of information uncertain. Project chester) Properties possibly abandoned. Brownhills (Staf- FOC uncertain Silver Street Morrison Deve- 18.000 Up-to-dateness of information uncertain. Project fordshire) lopments possibly abandoned. Cannock (Staf- FOC early plan- Mill Green Outlet n.s. Rioja Development / 28.500 22.000 Some time ago, another developer (London & Cam- fordshire) ning phase Village Development Securi- bridge Properties) planned to develop an Outlet ties PLC Centre here. The site is next to the Mill Green Na- ture Reserve. In combination with the Outlet Centre, restaurants, a cinema and 2,000 parking spaces are planned. Opening is scheduled for spring 2017.

Outlet Centres in Europe – March 2015 46

Location Type Status Name of the Operator Developer / In- Gross Retail Remarks Object / Pro- vestor / other Leasable Sales ject Partners Area (GLA) Area (SA) in m² in m² London FOC operating London Designer Realm Outlet Quintain Estates and 16.000 13.000 Opened at 24th October 2013. Location next to the Outlet Centre Ma- Development / CBRE football stadium in the London Borough of Wembley. nagement Mixed-use complex consisting of an OC with 85 shops and 700 parking spaces plus 15 restaurants and 1 Cineworld cinema centre as supplementary facilities. The total leasable area of all facilities amounts to approx. 30,520 m² GLA. Approx. 5 million visitors in 2014. London FOC advanced O2 Designer n.s. Anschutz Entertain- 20.000 18.000 In the meantime, portions of the former "Millennium planning Outlet Village ment Group / Prade- Dome" in the London Borough of Greenwich are phase ra being used as concert halls, while other sub-areas are now to be turned into an outlet centre. 118 shops on 2 sales levels are planned. In January 2014 Land Securities signed an agreement with AEG Europe as the owner of the O2 arena to develop an outlet centre but cancelled this agreement in August 2014. AEG is now expected to continue with the plans and will seek another partner. Work on site is scheduled to start as early as 2015, with the proposed outlet to open in 2017.

Tewkesbury FOC early plan- n.s. n.s. Robert Hitchins Ltd. 20.000 17.500 Just off junction 9 of the M5 motorway an outlet (Gloucestershire) ning phase centre is planned. Alongside it, ther would be a garden centre. Approx. 2,000 parking spaces. Ope- ning is scheduled for 2016. Solihull (West FOC under Designer Outlet Realm Outlet Realm / Genting UK 14.000 12.000 Location closeby to the Birmingham International Midlands) construction at the NEC Centre Ma- Airport and the National Exibition Centre (NEC). As nagement part of a mixed use, seven-storey, 50,000 m² leisure and entertainment complex (casino, cinema centre, hotel, conference centre, restaurants) an outlet centre with 50 stores will be build. Ground breaking took place in February 2013, opening is scheduled for Spring 2015.

Outlet Centres in Europe – March 2015 47

Outlet Centres in Europe – March 2015 48

Pictures of selected Outlet Centres and Organized Outlet Agglomerations

Freeport Outlet Alcochete, Alcochete (P) Freeport Retail

One Nation Paris, Les Clayes sous Bois (F) Fashion District Mantova, Bagnolo San Vito (I) Advantail Fashion District

City Outlet Bad Münstereifel, Bad Münstereifel (D) Designer Outlet Neumünster, Neumünster (D) ROS Retail Outlet Shopping McArthurGlen

Outlet Centres in Europe – March 2015 50

Castel Guelfo The Style Outlets, Castel Guelfo di Bologna Wertheim Village, Wertheim (D) (I) Value Retail Neinver

Ochtum Park Outlet Center, Stuhr-Brinkum (D) Roppenheim The Style Outlets, Roppenheim (F) MiRo Grundstücksverwaltung GmbH Neinver

Closed down: Outlet Center Sveta Helena Closed down: M1 Outlet Center, Budaörs (HU) Sveta Helena (HR), Zelina Centar D.o.o. Óbuda-Újlak

Foxtown Factory Stores, Mendrisio (CH) Designer Outlet Soltau, Soltau (D) Studio Silvio Tarchini ROS Retail Outlet Shopping

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Outlet Centres in Europe – March 2015 52

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CONTACT

ecostra GmbH Economic, Location and Strategy Consultancy in Europe

Luisenstrasse 41 D-65185 Wiesbaden

Tel. +49 – (0)611 – 71 69 575 0 Fax +49 – (0)611 – 71 69 575 25 www.ecostra.com [email protected]