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NEINVER and Fashion Outlet Grundbesitz agree on a long-term partnership to run Fashion Outlet Montabaur

Fashion Outlet Montabaur

NEINVER, a Spanish company specialised in investment, development and management of property assets — the second-largest operator of outlet centres in Europe and the largest in Spain and Poland — has entered into a long-term partnership with Fashion Outlet Grundbesitz GmbH & Co KG, investor and owner of Fashion Outlet Montabaur in Germany. The agreement will see NEINVER become the exclusive, long-term partner and operator, responsible for its management, leasing and marketing.

Officially opened in July 2015, Fashion Outlet Montabaur features 13,900 m2gross leasable area (GLA) and 55 stores with over 70 of the finest brands such as Joop!, Desigual, Diesel, Levi’s, Marc O’Polo, Nike, Samsonite, Fossil and Tommy Hilfiger, with a 98% occupancy. The outlet centre also includes over 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. The outlet centre employs around 350 people and is expected to bring huge benefits to the region’s economy and attract tourists from all over Germany and abroad.

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