Henderson to spend €140m on European retail

Henderson Global Investors intends to spend around €140m on existing real estate and new acquisitions. The fund manager’s €1.4bn European Outlet Mall (EOM) fund will focus on prime designer outlet centres in Continental Europe, with France, Germany and Spain top of its wish list. Earlier this year, the EOM fund sold an outlet in Troyes, France to Resolution for €85.5m. “We are extremely interested in investment opportunities in Germany but we are also very interested in the French and Spanish outlet market,” said fund manager David Williams. The Fund currently owns eight malls in France, Italy, Austria, the Netherlands, Belgium and Germany. It also has three UK outlets which in holds indirectly. russell.handy@estatesgazette.com