Page 35 - RLIJune2026

SPECIAL FEATURE - INTERNATIONAL OUTLETS OUTLET CENTRE DEVELOPMENTS AROUND THE WORLD

Opened in December 2024, Unico Outlet use destinations, announced last year that it space, it is the eighth country to feature
Bucaramanga spans the equivalent of four has entered into an agreement to purchase the Premium Outlet brand. Located in
Where Fashion Meets Value city blocks, with over 140 commercial spaces a large site in metro Nashville where it will Tangerang, just outside of the country's
and nearly one million visitors per month.
capital city of Jakarta, the centre features
develop a new luxury shopping and lifestyle
destination known as Nashville Premium
more than 150 global and local brands. Key
It is the eighth shopping centre of the only
outlet chain in Latin America, present in Outlets. Set to be built in Thompson's Station, premium and luxury brands include: Bally,
cities strategically chosen based on outlet Tennessee, at the intersection of Interstate BOSS, Coach, Furla, Lacoste, Longchamp,
International retail outlets have evolved into global fashion destinations, offering market dynamics. Built in just 270 days by 65 and Interstate 840, Nashville Premium Marc Jacobs, Michael Kors, Kate Spade,
consumers access to luxury brands, premium experiences and year-round value. As developer Unico and spanning a GLA of Outlets is expected to be a draw not only Kenzo, Versace, Swarovski, Tumi and The
shopping habits shift and tourism rebounds, outlets are redefining modern retail through 15,000sq m, this landmark project set a new for residents, but shoppers and tourists North Face. The centre also features key
curated environments, international expansion and accessible luxury. Here, RLI takes a standard in execution, quality and impact. from around the state and region. Simon is sporting brands, including the first adidas
Located in Bucaramanga’s most densely
collaborating on this project with Nashville-
outlet store in Indonesia, their largest outlet
look at a selection of standout outlet projects from around the world. populated area, Unico generated over 500 based Adventurous Journeys ("AJ") Capital store in Southeast Asia and Nike. Shoppers
direct jobs with this centre and offered a Partners, a visionary company known for its can also enjoy a variety of international
curated mix that responds to real consumer transformative work in hospitality and real dining options. Inspired by the Indonesian
nce viewed simply as discount shopping destinations, led concepts are helping redefine the traditional outlet model into needs. Designed for comfort, inclusion and estate development. Construction on the archipelago, the centre features thoughtfully
international outlet centres have progressed into something far more aspirational and globally relevant. effortless flow, it features native green areas, approximately 325,000sq ft mixed-use centre crafted architectural details, including
sophisticated retail environments that combine luxury Tourism remains central to the success of many international cultural plazas and open-air environments is expected to begin in 2026, with preliminary lush greenery, water elements and shaded
O fashion, tourism, dining and lifestyle experiences under outlet destinations. Strategically located near major cities, airports that reflect local identity and promote well- plans to include approximately 75 best-in- walkways to provide natural cooling and
one roof. Across Europe, the Middle East, Asia and North America, and cultural landmarks, outlet centres increasingly appeal to being. In their culture, the shopping centre is class retailers, restaurants and a hotel, with relaxation. Jakarta Premium Outlets is a
premium outlet developments are attracting a new generation of international travellers looking to combine shopping with leisure more than retail - it is a social anchor. Like the potential to add residential options, big- subsidiary of Simon Genting Pte. Ltd., itself
consumers seeking designer brands, value-driven purchasing and experiences. From Milan and Paris to Dubai and Shanghai, these the neighbourhood park, it’s a space where box retailers and more. An opening date of a joint venture between Genting Plantations
immersive retail experiences. As global shopping habits continue to destinations are contributing significantly to regional economies people meet, walk, connect and enjoy daily early next year is being targeted. Berhad and Simon Property Group.
shift, outlet centres are increasingly positioned at the intersection of while strengthening their appeal as global retail hubs. life in a safe and vibrant setting. Another project by developer Simon that Liverpool’s outlet centre Fashion Spree
fashion, travel and experiential commerce. At the same time, the sector continues to adapt to wider industry Simon, a real estate investment trust opened in March of last year was Jakarta last year rebranded to Sydney Outlet Village
Driven by changing consumer expectations and the continued challenges, including the rise of e-commerce, sustainability concerns engaged in the ownership of premier Premium Outlets, its first site in Indonesia. as it marked the grand opening of its stage-
growth of luxury accessibility, outlet centres have become an and evolving consumer behaviour. Digital integration, omni-channel shopping, dining, entertainment and mixed- Featuring more than 302,000sq ft of retail two expansion. The rebrand reflects the
essential component of the international retail landscape. Leading strategies and environmentally conscious development are now
fashion houses and premium lifestyle brands are embracing outlet shaping the future of outlet retail. As brands and developers respond
retail not only as a commercial opportunity, but also as a strategic to these changes, international outlet centres are no longer defined
extension of brand visibility and customer engagement. Carefully solely by discounted luxury - they are becoming dynamic lifestyle Unico Outlet Bucaramanga, Bucaramanga, Colombia
curated tenant mixes, elevated architectural design and hospitality- destinations that reflect the future direction of global fashion retail. Developer: Unico

Jakarta Premium Outlets, Jakarta, Indonesia
Developer: Simon Genting Pte. Ltd.

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