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.

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

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.