VIA Outlets, a joint venture formed by APG, Hammerson Plc, Meyer Bergman and Value Retail, has acquired four outlet centers across Europe in a deal worth €587m. The properties are situated close to major cities in Spain, Germany, Portugal and Poland. The transaction increases the value of VIA Outlets’ portfolio, comprising of 10 assets, to €1.1bn. To support the portfolio increase, the organizational structure of VIA Outlets has been improved through external hires to expand the asset management, marketing and finance teams. Hammerson owns a 47-percent stake.
