NEINVER sets an opening date for Prague’s flagship outlet centre (CZ)

NEINVER sets an opening date for Prague’s flagship outlet centre (CZ)

NEINVER, a Spanish company specialised in investment, development and management of property assets—the second-largest outlet operator in Europe and the largest in Spain and Poland—has announced the opening date for Prague The Style Outlets, located in the capital of the Czech Republic. A joint project between The Prague Outlet and NEINVER, Prague The Style Outlets will open its doors on 26 April 2018.


With a prime location less than 5 minutes from Prague’s international airport and 25 minutes from the city centre, Prague The Style Outlets will be the largest outlet centre in the Czech Republic. The first phase will feature close to 20,000 m2 of gross leasable area (GLA), 115 units and 2,400 parking spaces. Phase 2 will boost the total space to 30,000 m2 of GLA and 190 units. Prague The Style Outlets will offer services and amenities such as a playground, free Wi-Fi, lounges, and VAT refund.


“The centre will introduce the Czech Republic and its retail-savvy shoppers to the unique The Style Outlets experience. The attractive, welcoming environment and a complete offer of value-added services for customers will round out the centre’s commercial mix”, says Sebastian Sommer, NEINVER’s Business Development Director. “The opening of Prague The Style Outlets coincides with the completion of the centre’s upgrade and refurbishment, and the addition of public-service areas to ensure that the new scheme provides a totally new customer experience.”


When complete, the centre, which involved an investment of over €70m, should generate about 600 to 700 direct jobs and NEINVER intends to hold a job fair in advance of the opening.


“The opening of the centre will be a milestone in NEINVER’s expansion strategy, which is focusing on outlet centres near major European cities with strong catchment areas in terms of population, tourism potential, economic growth and transport links”, Sommer adds.


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