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Archive | Malls

AMF to change office to Mood-block

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…)

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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…)

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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 […]

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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 […]

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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 […]

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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 […]

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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…)

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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…)

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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…)

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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 […]

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Oslo City_4239

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…)

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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…)

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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.  

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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 […]

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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 […]

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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 […]

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