ARTICLES TAGGED WITH "RED"

A new player enters the retail property market

Sweden Sweden — Stadsbyggen takes a first step into the retail market with the acquisition of the Ingelsta shopping area, which is done together with RED. Peter Åman, CEO of Stadsbyggen, tells Nordic Property News why they are choosing to enter the retail market now, their future plans within the segment, where they see opportunities for new acquisitions and about the collaboration with RED.

RED and Stadsbyggen buy the Ingelsta shopping center from Deka

Sweden Sweden — RED (Rico Estate Development) together with Stadsbyggen (Svenska Stadsbyggen i Nacka Strand) has acquired the Ingelsta shopping center from the German real estate company Deka Immobilien. The retail area covers nearly 40,000 square meters and houses 13 retail tenants, among which Bauhaus, Willys, Jula and Rusta are represented.

Alma Property Partners and Rubik Properties acquire fourth light industrial property in Copenhagen

Denmark Denmark — Alma Property Partners and Rubik Properties have added a light industrial and warehouse property in Glostrup to their light industrial joint venture.

Costco to Open a New Location in Sweden

Sweden Sweden — American Costco is planning to establish a 15,000 sqm warehouse in Bernstorp within the Malmö area.

Patrizia Sells Mixed-Use Property in Central Copenhagen

Denmark Denmark — Patrizia AG, the global partner for pan-European real estate investment, announces the sale of Galleri K, a prime mixed-use retail, leisure and office asset.

RED Starts New Retail Project in Umeå

Sweden Sweden — RED has signed a letter of intent with the municipality of Umeå, with the joint ambition to create a new retail project in Ersboda, located in the northern part of Umeå.