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Partnership between NEINVER and TIAA for acquisitions in Spain, Italy and Poland

Posted: 5 December 2016

A JV between NEINVER and TIAA (largest european players in the outlet segment) has signed an agreement for the acquisition of six outlets in Europe located in Spain, Italy and Poland.

The Style Outlets centres of Las Rozas, San Sebastian de los Reyes and Getafe in the Madrid metropolitan area; Vicolungo and Castelguelfo in Italy and the FACTORY in Poznan in Poland, are the centers object of the agreement.

They have a GAV (Gross Asset Value) of approximately €700 million and will be purchased by IRUS European Retail Property Fund.