Project details Owner, Asset Manager
Acquisition Designer Outlet Retail
Square meter 30,000
Key occupants Cerruti 1881, Comptoir des Cotonniers, Façonnable, Lacoste,Petit Bateau, River Woods, Salamander, Swarovski, Zadig & Voltaire

The Project

Bought from the Henderson Outlet Fund as “mature” assets. A business plan was created to replace old brands, improve sales performance and NOI. The existing operating agreements needed to be restructured as did the corporate structure. The plan being to improve income and liquidity of the asset to realise capital growth.


The results

A restructuring of the holding entity, the operational management and over 50 new leases signed to national and international brands. The centres were sold in January 2016 at a 3x equity multiple.

Interested in working with us?

Portus Retail is the partner of choice for owners and investors seeking a fresh perspective on their property challenge.