Elevating the designer outlet experience and shaping the concept of destination shopping, McArthurGlen is Europe's leading owner, developer and manager of Designer Outlets.
Kaempfer Partners founded McArthurGlen Designer Outlets in Europe in 1993; pioneering the concept of designer outlet retailing, with the opening of the region's first designer outlet in 1995, Cheshire Oaks Designer Outlet, still the largest in the UK, near the city of Chester.
We have since gone on to develop nearly 600,000 sq m of outlet space, with a current value of over Euro 3 billion, and to manage 20 McArthurGlen Designer Outlets, many more than any other operator, across eight countries in Europe - Austria, Belgium, France, Germany, Greece, Italy, the Netherlands and the UK.
Our centres are home to the most sought-after luxury, designer and high-street brands, internationally and nationally, offering the fashion-loving shopper year-round savings of 30 to 70% on the recommended retail price, all in an attractive and vibrant shopping environment close to major tourist hubs.
NEW LEVEL OF STRENGH
In an exciting new step in the company's growth, Simon Property Group Inc (SPG), the world's largest retail developer group, in 2013 became a joint venture partner with Kaempfer Partners of McArthurGlen Designer Outlets.
SPG, a publicly traded company on the New York Stock Exchange, currently owns or has an interest in approximately 325 retail real estate properties in North America and Asia. The SPG properties comprise over 22 million square metres and include regional malls, Premium Outlets and The Mills.
This new venture brings a new level of financial strength and brand associations to the European market, which will enhance our centres and benefit our combined portfolio of brand partners, which include some of the world's leading names in fashion.
Our new Simon Property Group/Kaempfer Partners joint venture comes at a time when McArthurGlen is under way or in planning with around 150,000 sq m of new outlet space. This includes the first McArthurGlen Designer Outlet in North America, due to open in Vancouver in 2015, as well as new centres in France (Provence) and Belgium (Ghent), and the expansion of existing centres, including Barberino (Florence), Swindon (the UK), Neumünster (Hamburg), La Reggia (Naples), Noventa di Piave (Venice) and Roermond (the Netherlands).