NEINVER is a Spanish multinational company specialised in managing, developing and investing in commercial and logistics properties.
The company is a leading operator of outlet centres in Europe and has two proprietary brands: The Style Outlets and FACTORY.
Founded in 1969, NEINVER manages 18 outlet centres including active pipeline, four retail parks, and more than 800 brands in six European countries: France, Germany, Italy, Poland, Spain and the Netherlands. It also manages 47 logistics facilities in the Spanish market.
The NEINVER Group is the only company in the industry in Europe that has earned sustainability certification for all the outlet centres it operates.
Industrial: NEINVER has developed around 2 million sqm of industrial projects, tailored to the needs of each client. Currently, industrial assets represent more than 14% of gross value of assets under NEINVER’s management. The company currently manages 337,000 sqm of industrial space and has another 180,000 sqm for new development in the Vicálvaro and El Cañaveral districts of Madrid (Spain).
Retail: As a part of the company’s internationalisation strategy to strengthen its position as a key player in the European outlet market, NEINVER is developing, under The Style Outlets brand, three projects in the Netherlands, France and Germany.
In the Netherlands, NEINVER and TH Real Estate are developing Amsterdam The Style Outlets, set to be an international premium shopping destination with a commercial mix based on both Dutch and internationally renowned high-end brands. The project is scheduled to open in autumn 2020 and will have a retail area of 18,000 sqm, with 115 stores. A further 1,000 sqm is planned for leisure areas, restaurants with terraces, walkways, gardens and even a child friendly zone. The centre will also provide 1,950 parking spaces for visitors and it will be easily accessible by public transport. Its architectural concept will resemble a village with streets and squares, inspired by old factory buildings in a clear reference to the origins of the surrounding area, called Sugar City, considered among the fastest-developing areas in the Netherlands.
In France, the company will develop Alpes The Style Outlets, expected to open in Q4 2020. Alpes The Style Outlets will be located close to the Swiss border between Geneva – 25 minutes away – and Lyon, with a catchment area of 5.3m inhabitants. The centre will have direct access to the A40 motorway that connects Switzerland and France, a key transport link between the two countries and to popular winter destinations. This ultimate shopping destination will be built in an “Alpine village” style and will feature 19,000 sqm of gross leasable area (GLA) and 90 units with an exclusive commercial mix including both internationally and nationally renowned brands. The centre will also include more than 1,300 free parking spaces for visitors.
In Germany, the company has plans to develop Werl The Style Outlets, in central North Rhine-Westphalia (17,000 sqm).
Strategic corporate development
The company is fully involved in international expansion focusing on outlet leadership. Since 2000, NEINVER has been committed to a strategy of internationally diversifying its property-related operations as a key tool for the company’s growth.
Since its first international experience in Poland in 2000, the group has continued to diversify geographically by exporting its business lines (development, management and investment) to other European countries where it has presence: Spain, Italy, Germany, France and the Netherlands. To accomplish this, NEINVER sets up local teams built on a global corporate platform that can bolster the value of its projects.
The establishment of alliances with strategic partners is part of the company’s growth strategy. With a c €1.3bn GAV, NEINVER’s retail joint venture with TIAA owns 12 outlet centres and three retail parks, including active pipeline. The company has also a logistics joint venture with Colony Northstar that includes 37 logistics assets in Spain with a c €180m GAV.
NEINVER has also leveraged new technologies to transform its management model, thus undergoing a digitalisation process that has become part of an omnichannel strategy aimed at offering a comprehensive centralised service to brands and consumers. The company has developed a digital ecosystem by implementing different technology solutions that allow to optimise the information it obtains from each user, benefiting brands and shoppers alike. NEINVER is thus able to offer a clean integration between physical centres and digital spaces between brands and shoppers. This allows the company as well to offer its brands a 360º vision of their customers’ consumption patterns and habits.
News from NEINVER (Real Estate)
• Visitors to the 16-outlet-centre portfolio also rose by 3% to 21M. • The company has already pre-leased 70% of its first outlet centre in the Netherlands, set to open in autumn 2020, and will start construction of Alpes The Style Outlets this summer.
The joint venture has invested €31.5M in the acquisition of the outlet centre. Silesia Outlet is Neptune’s sixth asset in Poland and the 15th in Europe.
Vicolungo The Style Outlets strengthens its food and beverage offer with “ANTONINO, il Banco di Cannavacciuolo” download
Vicolungo The Style Outlets, the outlet centre located in Italy close to Milan, has increased its food and beverage offering with the opening of “ANTONINO, il Banco di Cannavacciuolo”, a new smart gourmet space by acclaimed Italian chef Antonino Cannavacciuolo. The outlet centre is managed by NEINVER— a leading outlet operator in Europe and the largest in Spain and Poland and is owned by Neptune -a joint venture between NEINVER and Nuveen.
A leading outlet operator in Europe and the largest in Spain and Poland—has appointed Francesca Monteleone as new Centre Manager of Vicolungo The Style Outlets in Italy. In her new role, she will manage, coordinate and supervise the outlet centre’s operations.
NEINVER—a leading outlet operator in Europe and the largest in Spain and Poland—has been recognised with the Superbrands Poland 2019 award. In addition, its Polish outlet brand, FACTORY, has been awarded this prestigious title for the third year in a row.
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