Henderson confirms acquisition of Italian retail outlet for EUR 125m

Henderson Global Investors has confirmed the acquisition of the Barberino designer outlet centre near Florence, Italy, for EUR 125 mln. The transaction, which was reported by PropertyEU on February 11, was made on behalf of the European Outlet Mall investment fund. Opened in March 2006, the Barberino scheme currently comprises about 21,500 m[sup]2[/sup] of gross floor space, representing Phase 1 of development. The centre is let to over 100 tenants including D&G, Polo, Ralph Lauren, Prada, Roberto Cavalli and Richmond. Phase 2 is scheduled to open in 2010, and will add a further 6,000 m[sup]2[/sup] of retail space.

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