Neinver reorganises portfolio

Factory Wrocław, which was formerly owned by Neinver, is the only CEE centre to be sold as part of the portfolio and offers 15,800 sqm of retail space with 87 stores, an annual sales density of EUR 3,300 per sqm and a footfall of 2.8 mln customers per year. The largest outlet is in Zweibrücken, Germany, at 29,000 sqm with 114 tenants, an annual sales density of EUR 6,000 per sqm and an annual footfall of 3.8 mln customers. The Vila Do Conde outlet centre near Porto in Portugal has an area of 28,000 sqm with 129 stores, a footfall of 4.3 mln customers and an annual sales density of EUR 4,000 per sqm. The fourth centre is in Seville in Spain and is targeted at tourists visiting the country’s Andalucía region. The centre has an area of 26,400 sqm with 65 stores, an annual sales density of EUR 3,600 per sqm and a footfall of 2 mln customers per year. Timon Drakesmith, the CFO of Hammerson and chairman of VIA Outlets Advisory, has commented: “This is a rare opportu