Eurocommercial is pleased to announce that Grand Samarkand in
Växjö has been voted Sweden's Shopping Centre of the Year
2011 by the Nordic Council of Shopping Centres.
Eurocommercial redeveloped the property from a former
hypermarket unit into a 22,000m2 gallery
anchored by H&M, KappAhl, New Yorker, Gina Tricot, Lindex,
Cassels, Intersport, Systembolaget and Stadium. The gallery
connects with an ICA Maxi hypermarket.
Grand Samarkand was praised by the judges for its unique
design featuring huge glass facades showcasing the shops
inside. The retail mix and environmental features were also
noted. The centre received high marks across the board from
both customers and the jury of industry experts.
The shopping centre was opened in phases with completion in
early 2011. Trading has been very strong with like for like
turnover up over 10% for the six months to February 2012.
Since 2006 Eurocommercial has extended five of its Swedish
centres, spending a total of €134 million producing an
average net return on cost of over 7%. One of these centres -
Ingelsta Shopping in Norrköping - won the same accolade of
Shopping Centre of the Year in 2009.
For additional information please contact:
Jeremy Lewis | Chief Executive | +44 20 7925 7860 |
Peter Mills | Director | +44 20 7925 7860 |
Martin Bjöörn | Property Director | +46 8 678 53 60 |
Kate Goode | Director Investor Relations | +44 20 7925 7860 |
Website: www.eurocommercialproperties.com
distributed by | This press release was issued by Eurocommercial Properties NV and was initially posted at http://www.eurocommercialproperties.com/files/press_releases_en/PR20120328UK.pdf . It was distributed, unedited and unaltered, by noodls on 2012-03-28 18:26:02 PM. The issuer is solely responsible for the accuracy of the information contained therein. |