Find in the news:
BY COUNTRY

Acquisition of €120m Swedish shopping center for Сitycon



Citycon and NCC Property Development have signed a joint venture agreement to redevelop and let the Mölndals Galleria.
The old retail property will be demolished and the erection of a leasable area of 25000m² building is being planned. The municipality of Mölndal is co-operating on this new venture.
Mölndals Galleria

The new center will offer shoppers a range of 70 shops, service units and restaurants. Its daily necessity focus will be met with its grocery store anchor and other services for day-to-day needs. Construction is set to commence during 2015, once the zoning process has been finalized and the public opening target is planned for early 2018.

Both entities will take part in the project and NCC’s share will be acquired by Citycon on completion of the project. The total investment made by Citycon is estimated to be about €120m.

This acquisition fits into Citycon’s future plans to invest in daily needs urban shopping centers and to enhance their place and boost their share of Sweden in their portfolio. The project will also include new apartments and offices to serve the growing population in the area.

The Mölndals Galleria is the second shopping center project to benefit from the partnership of these two companies. NCC and Citycon are currently in the process of building an extension of 25000m² to the Iso Omena shopping center in Helsinki, Finland.

More about shopping malls in Sweden



DAY BEFORE YESTERDAY, USA:
Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
DAY BEFORE YESTERDAY, Estonia:
The initial value of the 55,000 sq.m. complex is €85 million.
Jul 28, 2021, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Jul 28, 2021:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Jul 27, 2021, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Friend
and Follow
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us