Henderson opens another 5,000 m2 at Tuscan outlet mall

Henderson Global Investors and mall operator McArthurGlen have opened the second phase of their Barberino Designer Outlet in Tuscany, Italy.

The additional 5,000 m2 brings 30 more stores, taking the total to 130 over 27,000 m2. Henderson owns the asset on behalf of its Outlet Mall Fund, while McArthurGlen handles the management.

The site first opened in 2006. 'Designer outlets have been one of the strongest performing retail sectors across Europe over the past decade,' said Andrew Rich, director of outlet malls at Henderson. 'We are confident the second phase will drive investment performance even higher.'