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VIA Outlets appoints Otto Ambagtsheer as CEO and delivers strong H1 2019 performance

London, 2 July, 2019 – VIA Outlets, Europe's fastest growing owner-operator of premium

outlet shopping destinations, which grew its portfolio to 11 centres in its first 3 years, has

appointed Otto Ambagtsheer as Chief Executive Officer. Otto previously held the role of

Chief Operating Officer, and joined the company in September 2018.

With the purpose of transforming its centres into premium fashion outlets, VIA Outlets is

committed to its ‘3 R’s’ strategy of Remodelling, Remerchandising and Remarketing its

assets. This strategy delivered a strong performance in 2018, and the growth has

continued in the first half of 2019 with VIA Outlets reporting a 10 per cent increase in

brand sales and an 8 per cent increase in footfall.

Otto Ambagtsheer, CEO, commented: “Our half-year results once again prove the

successful execution of our strategy, as well as the resilience of the outlet market. As we

enter the second half of 2019, we are delighted to have a strengthened senior

management team in place which is vital to delivering VIA Outlets’ continued success

and ambition for the future.”

VIA Outlets was established in 2014 to acquire and manage existing outlet centres

across Europe. It grew its portfolio to 11 centres across nine European countries in

leading tourist locations, making it the fastest growing owner-operator of outlets in

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Europe. In 2018, its total portfolio brand sales amounted to 1.07 billion euros and saw

over 30 million guests visit its centres.

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