The outlet centres operated by the company increased the number of visits by 11% to 30 million, in Europe.

Madrid, February 19, 2010. - NEINVER, the second largest operator in Europe, with eleven outlets centres and more than 1,000 stores, has increased the turnover of the outlet centres it operates in Italy, Germany, Spain, Poland and Portugal, by 28%, regarding the figures recorded in 2008.

The number of people that visited FACTORY and The Style Outlets centres in 2009 was increased up to 11%, meaning a total of 30 million visits, 3 more million than in 2008.

NEINVER manages in Europe around 223,000 square metres of gross leasable area (GLA), 1,082 shops and 700 of the main international brands.

NEINVER CEO, Manuel Lagares, states: "The good results registered in 2009 show that the Outlet concept continues to consolidate in Europe as one of the shopping systems that consumers like best. The last two years have meant a gradual consolidation of this concept, and NEINVER has participated actively in this process in Europe".

Notes for the Editor:

NEINVER is a leading international real estate company focusing its activity on real estate development, asset and fund management. Moreover, the company develops, runs and commercialises large industrial, business, leisure and retail complexes, specializing in centre outlets.

With more than 40 years experience, NEINVER has reinforced in the last years its position in the European market managing 11 outlets centres and 223,000 sqm GLA under “FACTORY” and “THE STYLE OUTLETS” brands. NEINVER is the second outlet operator in Europe and market leader in outlet managing in Spain and Poland. The Company introduced the outlet concept in Spain and Poland.

NEINVER manages “Irus European Retail Property Fund”, focused in the acquisition of outlets centres and other retail assets across Europe.

The company is in fully international expansion, exporting all its business lines to other European countries, offering integral services to all its clients as well as offering global retail solutions in each of the countries in which it has presence.

NEINVER, 100% Spanish, is present in Spain, Germany, Italy, France, Poland and Portugal.

For more information, please contact

Támar Salazar

Estudio de Comunicación

Tel: 91 576 52 50

tsalazar@estudiodecomunicacion.com