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Armani Confirms Plans To Join Line-Up For Zsar

Armani store to open at Zsar

Global fashion house Giorgio Armani is to join the line-up of leading brand tenants at the Zsar Outlet Village in Finland, when the centre opens next year.

Armani has agreed terms for a 5-year lease on a 461m2 (4,862 sq ft) unit in the luxury quarter of the centre where construction has recently commenced. The retailer will join other leading brands, retailers and leisure/lifestyle operators already committed to Zsar including Hugo Boss, Guess, Nike, Restamax, Le Creuset and Stayer.

Zsar Outlet Village is scheduled for opening in Q4 2018 with a 12,000m2 (129,000 sq ft) Phase 1. The centre is set to be over 20,000m2 (215,280 sq ft) when Phase 2 is completed by 2020.

Developed by East Finland Real Estate Oy and situated in Vaalimaa, the Zsar Outlet will be the first purpose built centre in Finland. It is being created in partnership with UK-based outlet industry specialist Chameleon Retail and TLC Property Asset Management.

More information:

Sami Vainiomäki, CEO, East Finland Real Estate Oy
sami.vainiomaki@efre.fi
+358 40 833 8793

Neil Chapman, Director, Chameleon Retail
neil@crc-retail.com
+44 (0)778 9200 739