Find in the news:
BY COUNTRY

TIAA-CREF lands first Nordic acquisition for $190m



TIAA Henderson Real Estate, on behalf of TIAA-CREF, has made a property deal with Unibail Rodamco to the value of $190m.
This is the group’s first Nordic deal for a 19847m² shopping center, a retail park measuring 6137m² and around 1500 parking bays.

The Nova Lund Shopping Center was built during 2002 and is known as one of the top-performing centers within Sweden.  It is situated in Lund, in the southern region of the country and boasts anchors such as Lindex, KappAhl, H&M, Intersport and Stadium.

The acquisition of this center is a unique opportunity as it is a coveted asset.  It has tenants that cater for upmarket clients, within a catchment area of 140000 consumers.  The city where it is located, Lund, boasts one of the highest European purchasing powers and its population is expected to increase with time.  

After this particular acquisition, TH Real Estate’s portfolio in the Nordic region includes one office, four retail parks and four shopping centers.  

Advice was offered to TH Real Estate by PwC and Linklaters, and Unibail Rodamco obtained advice from Vinge, Catella and Cushman & Wakefield.

According to David Turner, the head of TIAA European investment, this acquisition is the first step in the decision made by TIAA-CREF to invest within the Nordic area.  They intend becoming a long-term investor in the area and will form partnerships in the future.


More about shopping malls in Sweden



YESTERDAY, United Arab Emirates:
The Middle East has emerged as a vibrant hub for fashion, showcasing a fusion of rich cultural heritage and contemporary design sensibilities.
YESTERDAY, China:
Fast-food restaurant chain Subway has announced its largest-ever master franchise agreement.
YESTERDAY, USA:
The initiative is designed to support students in repaying their education loans.
DAY BEFORE YESTERDAY, Spain:
The company's profit rose 54% to $1.2 million, beating analysts' expectations of $980 million.
DAY BEFORE YESTERDAY, USA:
The partnership began in April 2022 with the launch of cosmetics sales.
Jun 6, 2023, Japan:
Japanese fashion brands have become global forces in the industry, each leaving an indelible mark.
Friend
and Follow
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet


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