Henderson opens phase III of Roman outlet

Henderson Global Investors has opened the third phase of the McArthurGlen Castel Romano designer outlet near Rome.

The expansion includes an additional 43 stores, and will increase the retail offer by almost a third.

The centre, owned by Henderson Global Investors on behalf of its European Outlet Mall Fund, is managed and developed by McArthurGlen. It is one of five McArthurGlen Designer Outlets in Italy.

The centre originally opened nearly 10 years ago, in October 2003. It was purchased by Henderson’s European Outlet Mall Fund in December 2005 and has since been extended twice.

This latest 7,500 m2 expansion represents the third phase of the centre, and brings it to a total of 160 stores and 30,000 m2 of retail space.

'Designer outlets have been one of the strongest performing retail sectors across Europe over the past decade,' said Andrew Rich, director of Outlet Malls, Property at Henderson Global Investors. 'We are confident the third phase will drive investment performance even higher.'