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



YESTERDAY:
What changes can we expect in shopping malls and retail shops in the near future?
YESTERDAY, Netherlands:
Multi Netherlands kicks off the major city center project in Rotterdam.
DAY BEFORE YESTERDAY, United Kingdom:
L&G has announced a £10 million increase in its investment of The Grafton Cambridge.
DAY BEFORE YESTERDAY, Russia:
Crocus Group presents Vegas Kuntsevo, the third project in a network of thematic shopping malls in Russia.
Sep 18, 2017, USA:
Toys 'R' Us has hired Kirkland & Ellis to represent them as they can start bankruptcy proceedings.
Sep 14, 2017, USA:
Simon announced the Grand Opening of a 500,000-square-foot, shopping, dining, and entertainment complex in Texas.


Shoptalk banner
Friend
and Follow
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo


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