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Revenues At Neinver’s Spanish Outlets Rose By 11% In 2016

22 February 2017 – Expansión

The Spanish outlet centres managed by Neinver generated revenues of €287 million last year, up by 11% compared to 2015. Similarly, the crowds at these centres increased by 10% to reach 18.5 million visitors.

This data does not include activity at Viladecans The Style Outlet – the sixth centre that Neinver manages in Spain – as it only opened its doors in Barcelona in October. The centre, which received investment amounting to more than €80 million, ended the year with more than 800,000 visitors.

The Director of Neinver in Spain, Eduardo Ceballos, explained that, over the last five years, both the number of visitors and sales (at its outlets) have experienced continuous growth. “Moreover, 2016 was marked by the opening of Viladecans The Style Outlet, the first centre in Barcelona’s metropolitan area, which has achieved record visitor numbers during its first two months of activity, and by the agreement to manage the Fashion Outlet Barakaldo in the north of Spain, which strengthens our position as the leading player in the sector”.

Across Europe, total sales at the outlets managed by the company amounted to €1,183 million, up by 10% compared to 2015 and the number of visitors rose by 8% to 50 million.

Neinver – which has operations in France, Germany, Italy, Poland, Portugal, Spain, The Netherlands and the Czech Republic – manages 21 centres in total, with a combined retail surface area of 537,700 m2 and almost 1,700 stores.

Original story: Expansión (by Rebeca Arroyo)

Translation: Carmel Drake