Neinver is to take over the running of Fashion Outlet Montabaur near Frankfurt Airport, increasing the number of European outlet centres the Spanish firm manages to 15.
This week Neinver announced that it had agreed a long-term partnership with the owner, Fashion Outlet Grundbesitz, to manage Fashion Outlet Montabaur.
Officially opened in July 2015, Fashion Outlet Montabaur features 13,900 m2 gross leasable area (GLA)and 55 stores with over 70 brands such as Joop!, Desigual, Diesel, Levi’s, Marc O’Polo, Nike, Samsonite, Fossil and Tommy Hilfiger. The centre has a 98% occupancy rate and includes 1,500 parking spaces.
Fashion Outlet Montabaur is located between the densely populated regions of Rhine-Main and Rhine-Ruhr, with a catchment area of 17.5 million people within a 90-minute radius.
The centre, built in a modern arcade style, is strategically situated next to the A3 motorway, travelled by more than 33 million cars a year. A train station next to the centre provides a 30-minute connection to Frankfurt’s international airport, which receives over 50 million passengers annually.
'After two years of excellent performance, we are proud that Fashion Outlet Grundbesitz has trusted us and our specialised management skills to be part of this successful project,' said Carlos González, managing director of Neinver.
With this agreement, Neinver is a specialist in shopping centes and outlet centres. It now manages 15 outlet centres in Europe with a total of 539,000 m2 of GLA, making the company the second-largest operator of outlet centres in Europe and the largest in Spain and Poland.
