AMF Fastigheter’s urban development strategy also contains the company itself. Now AMF moves its office into the block containing the Mood-mall and gets Regeringsgatan 59 as new adress. The office, covering 1700 square meters on two levels, is aimed to be a natural meeting place and center for employees and visitors. (more…)
Archive | Malls
Regional centre invests in spectacular playground
Gränby Centre invests in a spectacular playground ”The new playground is designed as a miniature Uppsala,” says Daniel Kvant-Suber, business developer, Atrium Ljungberg. (more…)
NRF sells four Swedish shopping centers
Cornerstone Nordic’s Nordic Retail Fund sells four shopping centers, covering 45 000 square meters, to an international joint venture. It’s Magasinet in Örnsköldsvik, Kulan in Karlskoga, Kvarnen in Mjölby and Axet in Nyköping which is divested. (more…)

Restaurants’ area fully leased at REDI
The café and restaurant premises of the REDI shopping and experience centre, which will open at Kalasatama, Helsinki in 2018, announces that the shopping centre’s 38 restaurants, cafés, bars and take-away points, have already been reserved. (more…)
Lippulaiva shopping center to expand with metro station
Lippulaiva, in Espoonlahti neighbourhood in Espoo in the Helsinki Metropolitan Area is set for its next phase as Citycon Finland Oy and Lehto Group Oyj have signed a preliminary agreement on a development project. (more…)
Walkthrough: Ikea Centres opened Avion shopping in Umeå
Ikea Centres opened their new shopping centre in Umeå on Thursday. Approximately 10000 visitors were expected to cross the red carpet entrance to Avion shopping, the first Swedish shopping centre to be branded in line with Inter Ikea’s central European malls with the name Avion. It’s a 34,000 square meters with 90 stores mall adjacent to […]
Citycon to have 75 % of all shopping centers certified
Citycon has launched an extensive project to introduce BREAAM In-Use certification for its shopping centres. So far, a total of 16 shopping centres owned by Citycon and four managed by the company have been granted the BREEAM In-Use certificate. Of these, eight are located in Norway, four in Finland, three in Sweden and one in […]
Gränbystaden expands with fashion street
Gränby, the regional center in Uppsala, expands further. A new fashion walk in the old Systembolaget is launched this spring. Here are the stores that are first to open. (more…)
Mobilia’s rooftop: A municipal pre-school
Mobilia shopping center in Malmö is letting out its rooftop for a large pre-school. (more…)
Myyrmanni to get a new S-market
The upgrade of the Myyrmanni shopping center is ready to be presented. A new S-market, a modernized restaurant and café offering and new establishments from Jysk and Seppälä are the news. (more…)
AMF recruits new Head of business development
AMF Fastigheter has recruited Annelie Gullström to a newly created role as Head of business development with the mission to drive the company’s business development. ”External requirements and expectations means that we must constantly sharpen our offer and our products. Annelie will be a key figure in putting our ideas into commercially viable service,” says […]

Iso Omena to open international restaurant complex
Espoo shopping center Iso Omena west of Helsinki introduces a new restaurant complex and café offers to go with the new Finnkino cinema. It is said to be unique among Finnish shopping centers. “Iso Omena restaurant supply will rise to international level”, says Citycon’s property development director Risto Seppo. (more…)
Citycon expands organisation with eight new employees
After the acquisition of the Norwegian Sektor in July 2015 Citycon is now announcing that it employs eight people, including three operation engineers and a property technician in order to build its own operating organization. In addition, Citycon strengthens its Swedish organization with four specialists, all based in Kista. Joel Bjerking, formerly JLL, has been appointed […]

800 million fight about additional costs on Mall of Scandinavia
The cost of building the Mall of Scandinavia got out of control due to delays and additional work. Now building entrepreneur Peab negotiates with Unibail-Rodamco on who should pay. (more…)

Citycon grew with Sektor-aquisition during 2015
Nordic shopping center giant Citycon’s revenues increased significantly during 2015 after the aquisition of Norwegian Sektor. Like-for-like, the net rental income increased by 1.1 percent. Sweden and Norway were the strongest markets. (more…)
8 % more visitors at Danica shopping centers
Customer flow and sales figures grow att DEAS managed centers. A new annual statement from the property management company showed an increase in turnover of 4 percent and the customer base of 8 percent. in 2015. The growth is in clothing and specialty goods, both of which have shown an increase of 6 percent. Groceries […]
Forum Helsinki sold to Sponda
Helsinki landmark and shopping center Forum is sold. Sponda buys all six properties including shopping center and office building. ”This acquisition is a perfect fit with our current strategy of increasing the share of shopping centres and office properties in our portfolio, while also increasingly focusing our property ownership on the prime area in Helsinki’s […]
Stockholm premium shopping district to become construction site for 7 years
Sturegallerian, with adjacent buildings, in the middle of Stockholm’s best known entertainment och premium shopping district, can be demolished. The property owner plans a giant building project – for seven years. Now traders and politicians join together for massive protests. (more…)

Nordic shopping center nomination to MIPIM awards
The international jury for the MIPIM Awards 2016 have released the list of the finalists for this prestigious competition. In the shopping center category is Mall of Scandinavia in Stockholm nominated. The finalist competitors comes from Germany, France and Shanghai. Check them out. (more…)

Construction of Seppä shopping center to start immediately
Some details have been known since summer. Now the Seppä-project next to Prisma in Jyväskylä is taking off. Skanska has signed a contract with the investor LähiTapiola Group for the construction to start immediately and be completed in September next year. (more…)

New consumer survey: Stockholm’s best shopping centers
It did not take long for the Mall of Scandinavia to gain ground in Stockholm. On Thursday, it was appointed to Stockholm’s best shopping center by 1800 consumers. (more…)
98 percent leased in Ikea’s new shopping center
Ikea’s new shopping center in Umeå is almost fully leased. Two months before opening lies the occupancy rate of 98 percent. The latest addition is the Danish chain Tiger / TGR. (more…)

Strömpilen shopping centre to lose major chains to new Ikea centre
Several major brands are leaving the shopping center Strömpilen in Umeå. The reason is that they move to Ikea’s new shopping center south of town. “Our stores in the city and Ersboda have worked well but not Strömpilen,” says KappAhl’s Establishment Director Hans Jepson to Västerbotten-kuriren. (more…)

Three million visitors first two months
Mall of Scandinavia, inaugurated in mid-November has already had over three million customers. ”2016 will be an exciting year,” says Lars-Åke Tollemark, Nordic President of Unibail-Rodamco. (more…)

90000 square meter changes owner on Backaplan
Two major retail properties totaling 90,000 square meters, including Backa 2, at Backaplan in Gothenburg changes owner as KF Fastigheter continues to sell out its properties. Skandia Fastigheter will not only run a new shopping centre – but also take a leading role in Europe’s largest development project. (more…)
12 year old boy behind IKEA shopping centre closure
Ikea-owned Erikslund shopping centre in Västerås, Sweden, closed down completely due to a bomb threat on Sunday. Now the police has traced the abuser, a 12 year old boy. (more…)

Solid 2015 ending by Olav Thon’s shopping centers
Key figures for 2015 reveals a good year for Norwegian and Swedish shopping centers in Olav Thon Group, where border trade is still considerable. Weakened Norwegian economy have little impact turnover. Olav Thon Group including its subsidiaries Amfi Drift AS owns or manages 96 shopping centers in Norway. Of these, 69 full / part-owned and managed […]
Stockholm inner city project to be revised
The Urban Escape project in downtown Stockholm has encountered a problem and must be revised. Stockholm City changes the plan of a five-storey high houses where the mall Gallerian stands today. “It will be both sleeker and a bit lower,” says city planning commissioner Roger Mogert to Dagens Nyheter. (more…)

Citycon bought out Åkersberga municipality
Citycon has bought the remaining 25 percent of shares in Åkersberga Centrum from Armada Fastighets AB, Österåker municipal housing company. (more…)

Citycon removed ad that did not reflect visitor’s diversity
Kista Galleria is known for its diversity among visitors. But in a filmed commercial was all participants white people. After a storm of criticism, Citycon has removed the advertising. (more…)

New Helsinki shopping centre set to have Finland’s largest store mix
Mall of Scandinavia in Stockholm might be outperformed by numbers of tenants in a few years. Mall of Tripla in Pasila, Helsinki, is set to have 250 tenants when opening, being a transport hub and Helsinki’s second city centre. (more…)

City of Helsinki signed agreements for REDI shopping centre
Another brick has been laid in the development of REDI shopping centre, Finlands largest construction project at Kalasatama, with the City of Helsinki. ”Leasing of the shopping centre’s premises is progressing as planned,” says Timo Nieminen, Executive Vice President. (more…)

4300 sqm entertainment centre to Haninge
Stockholm suburb center in Haninge will get an entertainment centre, Rollers n ‘Bowlers, targeting families and associations. (more…)

”The customer flow has been amazing”
Almost two weeks have passed since the Mall of Scandinavia opened. After the tumultuous opening weekend comes the reactions from the shops. “Success is the word! The customer flow to the newly opened center has been amazing. Sales have also exceeded our expectations, “said Roger Halvarsson, CEO of Hobbex. (more…)

Thon to double the size of Bergvik shopping center
Bergvik shopping center in Karlstad might be considerably extended. Norwegian Thon Group plans to build 50000 square meters of commercial area adjacent to existing retail. ”We think this is a good area to take advantage of trade, especially for capital goods and the location of two existing venues are very good,” Olav Thon tells NWT. (more…)

Kfem’s turnaround – now fully leased again
Kfem (K-five) in Vällingby west of Stockholm was known as a beautiful but troubled mall. Now a three year long turnaround plan is on the finish line as property manager Newsec announces it is fully leased – with 2000 square meters more leasable area than before the renovation. (more…)

Aberdeen to outsource all Nordic property management to CBRE
Aberdeen Asset Management is to expand its European property management business model into the Nordics. Therefore Aberdeen will select a single outsource provider of property management and property accounting services in the Nordics region (covering Denmark, Sweden, Norway and Finland). Wednesday, the Group announced it is in negotiations to outsource property management, property accounting and […]

Center Syd ready to be relaunched
Center Syd in Kävlinge in northwest Skåne county is about to go reach its goal with the 300 million investment. Next week opens the market place with a new name, Galleria Center Syd and new retail and food concepts. (more…)

Oslo City to be sold to Steen & Strøm
Updated. Oslo City, the shopping and office building next to Oslo’s bus and train central station, is about to get a new owner. Current owner DnB is about to sell all its shares to Entra and Steen & Strøm that will split the property ownership between them, in an office and a shopping section. (more…)

Videos: Success and chaos as Mall of Scandinavia opened
20,000 visitors inside, but closed doors from 9 pm, complete traffic jam and a fire alarm. The opening of Mall of Scandinavia was a messy success. We gathered the visitors’ videos from the opening ceremony. (more…)

Olav Thon disappointed – no Vinmonopolet in Sandvika Storsenter
Despite being the second largest shopping center in Norway – local politicians stop the government owned liquor store chain Vinmonopolet from establishing in Sandvika Storsenter. Therefore property billionaire Olav Thon showed up in person at the City hall to hear why the politicians denies the establishment. But he left the chairmanship courtroom disappointed. (more…)

Mall of Scandinavia walkthrough
From illustrations to reality. Retail paper Market has made a walkthrough video a few hours before opening, giving you a hint of how the largest mall in the Nordics will look like. A grand opening will take place tonight at 8 pm.

Humac grows as Apple store stays away from Denmark
There is no Apple store in Denmark. But the premium resellers are growing and taking better positions. Today Humac opened a new state of the art flagship store in central Copenhagen. (more…)

Construction chaos before the opening of Mall of Scandinavia
The bigger mall – the bigger chaos before opening. At least six stores and restaurants won’t be able to open at the inauguration of Mall of Scandinavia tonight. Among them are H&M. Now the Inditex-stores electric installation work will be reported to the police. (more…)

Citycon takes full control over three Norwegian centers
Citycon has agreed to acquire the 31 percent minority stakes in Storbyen and Sjøsiden shopping centres in the Oslo region and Oasen shopping centre in Bergen for 31 million EUR from 4 minority shareholders. Citycon already owned the 69% majority share in these shopping centres, which were part of the Sektor Gruppen acquisition in July 2015. “The portfolio […]
Finnish Keva to take over two city malls from Atrium Ljungberg
Now, Atrium Ljungberg has sold Rotebro Handel in Sollentuna and Orminge Centre in Nacka to British Revcap and a local partner. But the malls Kvarteret Igor in Västerås and Mittpunkten in Östersund has got a new buyer on the road, Finnish Keva and HEA Properties. (more…)

Täby C awarded best Swedish shopping center again
NCSC Awards 2015 took place on Thursday evening at the Grand Hôtel in Stockholm. With a total of six nominees center won Täby Centrum, owned by Unibail-Rodamco, the award Best Swedish Shopping for the second year in a row. Jury said the price was won through a high pace of development and rate of change as several […]

Citycon to drop the Sektor-brand, starting in Sarpsborg
Sektor Group changes name to its new owner Citycon. The idea is to make Citycon a strong shopping centre brand across all Nordic countries. Communciation design profile and layout in the former Sektor-centers will also be converted to the new Group’s approach. The refurbished Storbyen in Sarpsborg and Kilden in Stavanger are the first to […]

Fornebu – a success despite lower turnover than expected?
So far, Oslo’s one year old environmental state of the art mall has only reached a third of its targeted turnover. But Fornebu S has been a success, says center manager Elisabeth Selvik Hjelle, which aims to increase turnover over the next year. (more…)
Retail-domino in Jyväskylä city centre
Jyväskylä city centre will change as big retail companies change places in the coming months or no later than next spring. For example, Hennes & Mauritz and Pentik change their existing premises, reports Keskisuomalainen. (more…)