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Scandinavian Properties A/S invests in well-situated properties with substantial development potential in major cities in Sweden. On the photo: Angered Centrum in Gothenburg and the new ICA MAXI store in the centre. 

An unique portfolio of well-situated properties

The company owns four properties in Gothenburg, Stockholm and Skellefteaa, respectively, and has bought the majority of the shares in Investea Stockholm Retail A/S, which owns the shopping centre "Hallunda Centrum" in the Stockholm area. The centre contains considerable development potential and is expected to contribute to future value creation of the company. 

The largest property in the portfolio is Angered Centrum, a large regional shopping centre in Gothenburg, Sweden, comprising shops and several municipal services.

Scandinavian Properties also owns two properties in the city centre of Skellefteå. The property at Haren 10 is a smaller shopping centre with shops and offices, whereas the second property includes offices and housing.

Furthermore, Scandinavian Properties owns a property situated in the retailpark Kungens Kurva in Stockholm and next to the largest IKEA store in the world. Kungen Kurva is the largest retail park in Scandinavia and the fastest growing retail park in Sweden.

Substantial development potential

All properties contain substantial development potential. For example, the municipality of Gothenburg and the region of Västra Götaland are planning to build a local hospital in the area around Angered Centrum, and the company is planning to refurbish some of the shops and offices and to add further square metres to the properties.