Designer outlet Roubaix was developed to form part of a major urban revitalisation project of Roubaix’s city centre. In 2011, we acquired freehold interest and by doing so increased the value of the real estate.

Key Facts

Location
Roubaix, France
Date Acquired
2008
Size (Sq Ft)
186500
Use
Commercial
Status
Realised

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Jonathan Smith, Architect

In Detail

  • Improved by circa 40% since acquisition
  • Total retailer sales up 31% (Jun 2011–Dec 2014)
  • 26 new lettings and 18 lease renewals since acquisition increasing the total base rent by 28% since purchase
  • New brands include Esprit, The Kooples and Desigual
  • Identified opportunity to convert 1st floor into food court

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