Category Archives: Retail parks

Citycon grew with Sektor-aquisition during 2015

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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… Read more »

Strömpilen shopping centre to lose major chains to new Ikea centre

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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… Read more »

90000 square meter changes owner on Backaplan

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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… Read more »

New Nordic property company to take over 22 Finnish retail properties

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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… Read more »

Aberdeen to outsource all Nordic property management to CBRE

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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… Read more »

Finnish Keva to take over two city malls from Atrium Ljungberg

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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… Read more »

Club Xprs to open first unit at new retail park in Barkarby

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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… Read more »

Power tricked landlord and Elgiganten – opens four weeks early

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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… Read more »

Gekås – now Sweden’s second largest shopping center

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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… Read more »