Investors yet to splash out on growing factory outlet market
Investors yet to splash out on growing factory outlet market
- 2000
- EuroProperty November 2000 21-22(2) .
Discusses the factory outlet market and its potential for investors. Most factory outlets display a strong customer pulling power with catchment areas of up to 200km. The sector is also still developing, with many operators harbouring continental expansion plans. These factors coupled with high turnover and rental growth has attracted some investors to factory outlets. However, drawbacks for investors include the lack of active management in many factory outlets and the unestablished nature of the sector. Concludes that a slump in the retail market would rebound more severely on factory outlet centres compared with other retailers. Table.
OUT-OF-TOWN
RETAILING
INVESTORS
FACTORY OUTLETS
EXPANSION
RENTAL GROWTH
EUROPE
INVESTMENT MARKET
TURNOVER RENTS
Discusses the factory outlet market and its potential for investors. Most factory outlets display a strong customer pulling power with catchment areas of up to 200km. The sector is also still developing, with many operators harbouring continental expansion plans. These factors coupled with high turnover and rental growth has attracted some investors to factory outlets. However, drawbacks for investors include the lack of active management in many factory outlets and the unestablished nature of the sector. Concludes that a slump in the retail market would rebound more severely on factory outlet centres compared with other retailers. Table.
OUT-OF-TOWN
RETAILING
INVESTORS
FACTORY OUTLETS
EXPANSION
RENTAL GROWTH
EUROPE
INVESTMENT MARKET
TURNOVER RENTS