HOME:CONSULTANCY:FACTORY OUTLET CENTRES

Factory Outlet Centres

Outlet centres are one of the most enduring retail success stories of the past 30 years. From early beginnings in the United States, the concept grew rapidly in UK in the late 1990s and across continental Europe after 2000.

Today there are 220 trading outlet centres in Europe, totalling 3.5 million sq m. These span a variety of formats including luxury designer outlet villages, specialist tourist attractions, mid market shopping malls, retail parks, mill villages and mixed-use entertainment complexes.

While many schemes such as Cheshire Oaks, McArthurGlen Troyes, Bicester Village or Parndorf Designer Outlet have become household names, this rapid expansion has not been without challenges. For example, many projects in Germany and France, have been delayed by local planning objections, a number of schemes have lost out to rival developments while others have closed or underperformed as a result of being ill conceived or poorly managed

Few parts of Europe fall outside 90 minutes of an outlet centre. However, with trading patterns at half of Europe’s outlet centres still maturing, 30 new schemes under construction and proposals for 100 additional schemes, it is important that the early lessons from more mature markets are incorporated within the development and asset management of sites

FSP's Experience

Since 2000, the FSP team has advised on over 60 trading and proposed outlet centres in 25 countries including France, Germany, Italy, Spain, the United Kingdom and many CEE countries.

Typical projects include turnover & feasibility assessments, leasing support, tenant & marketing strategy, market gap and performance improvement for clients which include international investors, industry leading operators, single site developers, specialist professional advisors and key occupiers.

FSP also plays an active role within ORDA (the European Outlet Centre Retailers & Developers Association), MAGDUS (the European Outlet Centre Observatory) and ICSC Europe and is a regular contributor at international outlet centre conferences.

This high profile brings recognisable outlet experience, knowledge of key contacts and industry wide credibility to project teams, an important advantage when it comes to briefing professional partners, potential occupiers, centre management, investors and local politicians on key strategies and prospects for success.

For more information about FSP's outlet centre services, please choose from one of the following sectors;