Castel Guelfo Outlet Centre

Castel Guelfo Outlet City opened its doors to the public in May 2004 with 50 units, and is located along the highway between Bologna and Rimini. Since the opening of phase 1, visitor numbers and spending per visitor have increased steadily. In 2006, the latest units were leased out to top brands GF Ferre, Levi’s and Timberland, which reflects a high level of retailer confidence. In May 2007, construction started on the extension, which will comprise another 46 units, 12,080 m² GLA, and which is expected to open in September 2008. With this extension, the merchandising mix will be completed with complementary and new brands, which will further reinforce the critical mass of the centre, attracting more visitors from Bologna and its surroundings. The catchment of Bologna is considered one of the richest in Italy. The leasing event at site is being organized in October 2007. ING Real Estate Development has broad experience developing factory outlet centres in the UK, Switzerland and Italy, and works together with Pantheon Retail.