Neinver and ITG Immobilien Treuhand agree on long-term Fashion Outlet Halle Leipzig partnership (DE)

german fashion outlet halle leipzig | ©Neinver

Neinver has entered into a long-term partnership with ITG Immobilien Treuhand GmbH, investor and owner of the Fashion Outlet Halle Leipzig in Germany. The agreement will see Neinver become the new outlet centre’s sole tenant and operator, responsible for its management, leasing and marketing.

 

The Fashion Outlet Halle Leipzig, the first outlet centre in central-eastern Germany, officially opened last week and expects 1 million visitors in the first year. Phase 1 features 11,700m² GLA of retail space and more than 50 shops with brands such as Nike, Jack Wolfskin, Desigual, Marc O’Polo, Gant and Daniel Hechter. Phase 2 is expected to bring an additional 8,000m² GLA of retail space in about 40 additional stores. The outlet centre has over 1,800 parking spaces.

 

The Fashion Outlet Halle Leipzig is located in Sandersdorf-Brehna, Saxony-Anhalt, on the axis of the A9 Berlin / Nuremberg motorway. The connections and the proximity to the densely populated cities of Leipzig, Halle, Dessau, Magdeburg, Chemnitz, Dresden and Erfurt place the Fashion Outlet Halle Leipzig in a strategic position. In addition, the centre, built in the style of a 19th-century covered market, will be a tourist destination that attracts visitors from all over Germany and abroad. The new outlet centre is expected to bring benefits to the region’s economy. It employs around 240 people and, after the opening of the second phase, some 200 further jobs will be added.

 

Carlos González, managing director of Neinver, said: “The first outlet centre in central-eastern Germany has great potential for the entire region. We are delighted now to be part of this promising project. Together with our partner, ITG, which is deeply rooted in the region, we want to play a vital role in the Fashion Outlet Halle Leipzig’s success story. We are proud that ITG trusts NEINVER and our specialised management skills and we are confident that our 20 years’ experience in the outlet sector will add value to this successful project. This agreement also reinforces NEINVER as a key partner in the outlet sector and helps us continue growing and consolidating our company in the European market.”

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