Europe Berlin

Gary bond, CEO of the McArthurGlen European Development, explains: Germany is a key market for McArthurGlen. It is Europe’s largest country based on population and economic prosperity and also has a strong brand culture and a well-developed fashion industry. Even if the designer outlet Berlin is our first outlet Center in Germany and our second 2012 in Neumunster opens its doors, we with the German customers are very well familiar with the designer outlets Roermond and Salzburg, which are both close to the German border.” David Williams, Fund Manager of the European outlet mall Fund at Henderson global investors, says: we are pleased about the success of the first phase of construction of the designer outlet Berlin and are confident that the second section further enhanced the whole Center. High-profile tenants, together with the brand consumption, especially in economically difficult times, are also continues to generate profits for our investors. The strategy of the Fund is to increase in core markets of Western Europe present, where the most attractive risk adjusted returns are expected. The designer outlet Berlin is a particularly good site on the basis of the catchment area is underserved in the outlet area and the proximity to one of the largest and most exciting cities in Europe for us. We will examine further possible purchases and consider, but only invest, where our strict requirements are met.” Holger Schreiber, Mayor of Wustermark, explains: the designer outlet Berlin brings not only a unique and exciting shopping experience in the capital region of Berlin-Brandenburg, and consequently buyers and visitors, but it also acts as a large catalyst for the local economic environment and thus enlivened the local trade. In addition, around 700 jobs will be created after the opening of the two phases. The Center contributes substantially to the attraction as a location of Wustermark to life, work, and as a tourist destination.

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