Topmenu

This is a backup version of ScandinavianRetail.com

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. 

“This sale is in line with NRF’s strategy of selling smaller properties and focus on fund’s larger properties where we see stronger growth in value and opportunity for adding value. Sales are associated with a number of other sales that we do after completion and successful development projects and is a part to streamline the portfolio, “says Martin Kjellström, Head of transactions Cornerstone Nordic Region

The fund has now ten retail properties in Sweden and Finland.

,

Ansvarig utgivare: Björn Nylund bjorn.nylund@scandinavianretail.se ScandinavianRetail.com ges ut av Scandinavian retail newsservice AB, org. nr 556935-9945 | All contacts: contacts@scandinavianretail.se Please allow 24 hrs to respond. | Tel: +46 (0) 760 541 850 (Sweden) | +47 988 29 274 (Norway) | +358 41 36 20 542 (Finland) | +45 266 49 316 (Denmark) |