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…)
Archive | Retail parks
Bilka’s future opens in Tilst
Bilka has set the concept for the future – starting in Tilst. The store re-opening on Saturday is the new and modernized version of the hypermarket, aimed to compete with discount chains and to offer a sharper customer experience. (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…)
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 […]
Power targets Aalborg this year
Expert Denmark’s department store concept Power has set out the establishment plan all the way to City Syd in Aalborg in 2016. CEO Jesper Boysen says City Syd is the only possible location. (more…)
New hypermarket to boost Arninge retail park
ICA has been chosen to develop Arninge retail park, the northernmost of Stockholm’s major shopping areas. A new hypermarket will be built next year. (more…)
Skandia to take over Solåsen retail park in Jönköping
Skandia Real Estate acquires three properties in Solåsen retail park in Jönköping totaling 35 000 square meters of Lustgården AB. The acquisition represents a significant part of the trade area. (more…)
Ok to new west coast shopping center
Swedish westcoast city Varberg gets a brand new retail park. 24,000 square meters of retail space, and a Biltema store will complement the city retail offer. (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…)
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…)
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 […]
Politicians to take position about new shopping center north of Gothenburg
E6 between Gothenburg and the Norwegian border may get a new retail park of 30,000 square meters. On Tuesday the politicians in Stenungsund take position on the issue. (more…)
Ica’s schedule to sell off Norwegian properties
A larger part of ICA’s Norwegian property portfolio will be divested next year. During the 2015-2016 planned 15 to 20 properties to be sold. The core portfolio will be sold in 2017. (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…)
New Nordic property company to take over 22 Finnish retail properties
Swedish investment company Ratos steps into a new Nordic property company, Serena Properties, as a major shareholder together with Finnish Varma who will contribute with 22 commercial retail properties in Finland as the first platform for the company. Redito will handle the property management and have the CEO-position. ”We look forward to a long collaboration with Varma […]
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…)
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…)
Lager 157 to close down in Sågmyra
Lager 157 closes its store in Sågmyra outside Falun. ”Sågmyra has not kept pace, says Jonas Ivarsson, head of marketing at Lager 157 to Dalarna Tidningar. (more…)
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…)
Club Xprs to open first unit at new retail park in Barkarby
The new clothing chain Club Xprs, with Gina Tricot-profile Victor Appelqvist as founder, has signed its first store location. It will be in the Flottiljen retail park in Järfälla’s new neighborhood Barkarbystaden in northwestern Stockholm. The opening takes place in March next year. (more…)
Property Partner to manage Nova Lund
TH Real estate makes Property Partner responsible for the technical management regarding the shopping center Nova Lund. The contract covers 26,000 square meters. ”Nova is a very well-run management object and it will be interesting to participate in its further development,” says Marcus Gärdebrandt, CEO of Property Partners. Erik Lennhammar, senior portfolio manager at TH […]
Power tricked landlord and Elgiganten – opens four weeks early
It was supposed to be a retail highlight. Now, the new electronics chain Power from Expert breach the agreement with the new shopping center BIG in Herlev and opens the store, four weeks before the center’s official opening together with Elgiganten. ”We were simply ready to open,” says Expert CEO Jesper Boysen (more…)
Kesko to build new retail center in Tampere
Kesko launches a new retail center site to be opened in spring 2016 in Tampere at Tesoma. (more…)
Finnish top 10 shopping center sold to Sweden
One of Finland’s largest retail venues, Kaari shopping center in Kannelmäki, Helsinki, changes owner. Niam acquires the premises from HOK Elanto – who will stay as the major tenant. (more…)
Länna Retail Park sold to Standard Life Investments
The Standard Life Investments European Real Estate Club acquisition of Länna Retail Park in Stockholm, Sweden, has been completed (more…)
Gekås – now Sweden’s second largest shopping center
The largest discount store in the Nordic region, Gekås in Ullared, is now also on track to become the largest shopping center in Sweden. According to Swedish Shopping Centre Directory, only Kungens Kurva outside Stockholm beats it when it comes to turnover. (more…)
Diligentia to change name
The Swedish shopping center company Diligentia will be renamed to Skandia Fastigheter (Skandia Real Estate). (more…)
Thon properties enters Torp
Thon Property has taken over Coop Bohuslän / Älvsborgs property at Torp in Uddevalla. The property at 15 000 square meters include Coop Forum, Systembolaget, Apoteket, health store Life, Telia, and Mister Minit. “We are very positive on the purchase of the property that has good development potential and we look forward to eventually contribute to […]
Svågertorp-property sold to AP Nordic Investments
Aberdeen Asset Management acquires the commercial property Gylfe 4 Svågertorp in Malmö from Anowa Fastigheter AB for property fund AP Nordic Investments behalf. The property has recently undergone an extensive refurbishment. It has a rentable area of 7,550 sqm and is let to Jula, Rusta, Granngården and Electrolux Home. ”We are very pleased with this acquisition, […]
XXL chose Ersboda in Umeå for new store
Norwegian sports retail chain XXL makes his first establishment in the region of Västerbotten in North Sweden by establishing in the trade area Ersboda in Umeå. The building with Willys and Jula as tenants, will be expanded by more than 4,000 square meters to accommodate XXL. The opening is planned for the spring in 2016. Now […]
Citycon sells Strömpilen – completes big Norwegian deal
Citycon has completed the acquisition of Norwegian Sektor Gruppen, the biggest shopping center deal in the Nordics this year. At the same time, the shopping center Strömpilen in Umeå, Sweden, and 13 Finnish grocery store properties are sold. ”A natural step in our strategy to refine our portfolio to major Nordic cities, focusing on grocery-anchored shopping […]
44 retail properties sold by Areim
Svenska Handelsfastigheter acquires 44 commercial units from their owners Areim. The lettable area amounts to approximately 180,000 square meters and the properties are located from the very north to the very south of Sweden. (more…)
Diligientia aquires Tyresö Centre
Diligentia acquires Tyresö Centre from CBRE Global Investors. ”We see potential in the future densification of residential development on the properties,” says Bo Jansson, Property Manager, Residential and shopping centers, Diligentia. (more…)
Niam aquires Ikea property
Niam has acquired the commercial property Kalmar Alhagen 3 of IKEA Nordic Centres. The property consists of two buildings totaling 21,000 square meters and is located in the Hansa City outside Kalmar. Existing tenants are Citygross, Media Markt, Stadium and KungSängen. “This was an opportunity for Niam to acquire a commercial property with development potential in Kalmar’s […]
Stoa Vest for sale
The Stoa Vest Mall and retail park in Arendal is for sale. ”We believe we’ll have a price-accept before summer, says chief investment officer for real estate in Nordea Liv, Nils Arne Gundersen to Estatenyheter.no. (more…)
Yes to a new Ikea in Vestby
The planning committee in Vestby municipality has approved the zoning plan for the Ikea development. A new Ikea, together with an expansion of Norwegian Outlet, might open in 2018. (more…)
Kungsleden aquires Ikea-neighbour
Kungsleden is buying again – this time four retail properties located next to Ikea in Svågertorp, Malmö, at Jägersro in Malmö and Solåsen in Jönköping. (more…)
Norwegian-Swedish border shopping up 4%
Norwegians who travel across the border to shop increased their purchases in Sweden by 600 million SEK during 2014. (more…)
Ingelsta Shopping to be expanded with 20 stores
Eurocommercial is set for expansion of Ingelsta shopping with 20 new stores on 10,000 square meters. In addition, improved parking and infrastructure is planned around the mall in Norrköping. “This change means not only new retail space. It is a more comprehensive approach that is now being taken, ” says the center manager Kenneth Malmberg (more…)
Shopping center blames controversial design changes on Biltema store
The new retail park Norrtelje port in Norrtälje was marketed with an archipelago profile in the design. But instead it will be built with white big boxes. “We had the hope to build small scale but it was difficult to add red archipelago house next to the Biltema store,” says property consultant Dominika Andrae. (more…)
Kesko sets up Finnish-Swedish property company with Ilmarinen and AMF
Kesko sets up a joint real estate investment company with AMF Pensionsförsäkring and Ilmarinen. The new company Ankkurikadun Kiinteistöt immediately acquires 34 store sites and shopping centres Merituuli in Espoo, Karisma in Lahti and Veturi in Kouvola. (more…)
Arninge retail park to sell land for more retail establishments
Arninge retail park in Täby municipality expands and invites more trade operators. ”An area that has previously not been utilized optimally,” says Anna Holm, development manager in Täby municipality. (more…)
Increasing interest for Seinäjoki shopping centre project
The delayed shopping centre project Lakeuden Ankkuri in Seinäjoki is progressing. According to Kesko District Director Jari Alanen the situation looks good at the moment. ”The Seinäjoki market arouses interest, especially among clothing chain stores,” he said on Wednesday at a store opening ceremony. (more…)
“Foreign players are looking for store locations like never before”
Never before have so many brands established themselves on the Swedish market. This according to the report Destination Nordics from JLL that was released today. ”There is high pressure on the Swedish market and foreign players are looking for store locations like never before,” says Martin Lindgren, Head of Retail Agency at JLL Sweden. (more…)
First Stadium Outlet to open in Finland
A new concept is opening on the Finnish sports and outdoor market. Friday, April 24 opens the discount concept Stadium Outlet for the first time in Finland, and first up is the city of Vantaa outside Helsinki. (more…)
Stadium targets Uppsala with three new stores
Stadium is set to open a new large concept store in the trade area Boländerna in Uppsala this week. Next month a Stadium Outlet will open in the same area – and after summer a new city-store. (more…)
Niam buys retail park-properties at Ingelsta and Hyllinge
Niam has been spending some money on Swedish big box-properties. On the shopping list was a part of Ingelsta retail park, outside Norrköping, and the City Gross property in Hyllinge outside Helsingborg. (more…)
Ikano Retail Centres to be moved into Ikea’s global shopping centre company
Ikea takes another step towards an overall consolidation of its shopping center operations. The Nordic branch, Ikano Retail Centres, will be moved to the new global company Ikea Centres. (more…)