PropertyEU
McArthurGlen opens Luxembourg designer outlet
Date: 15 April 2011
Category: Retail
Henderson Global Investors and McArthurGlen have officially opened the first phase of the recently renovated McArthurGlen Designer Outlet Luxembourg.

The centre, a joint venture between retail outlet specialist McArthurGlen and international fund manager Henderson Global Investors, on behalf of its European Outlet Mall Fund (EOMF), is situated in Messancy, Belgium, in the heart of the Greater Region of Luxembourg. Just five minutes from both France and Luxembourg and 40 minutes from Germany, it is located to capture the nearly six million consumers that live within a 90-minute drive.

McArthurGlen Luxembourg has been transformed to improve the overall look of the centre. The new brand mix includes Betty Barclay, Best Mountain, Desigual, JB Martin, Guess, Hunkermöller, Salomon, SIA, Sunglass Time, and Lunchbreak. McGregor and Gaastra will open in May, and Petit Bateaux towards the end of the year.

The centre was bought in 2008 by Henderson's European Outlet Mall Fund, in which Henderson and McArthurGlen are co-investors.

The opening of phase one of McArthurGlen Designer Outlet Luxembourg will be followed by the opening of the second phase with 20 stores in 2012. Once fully open, McArthurGlen Luxembourg will offer 65 major brands, offering a total retail space of 16,500 m2 and will employee around 500 people.
 
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