Located along the E18 motorway, west of Karlstad, the centre is close to the Norwegian border attracting plenty of additional customers from that country, particularly during the summer months.
The centre again had some of the highest rental growth in the portfolio with the renewal of some of the leases occurring for the second time since the centre opened in 2003 at average uplifts of around 20%. The highest rent in the portfolio of SEK 4,750/m² was achieved during the year. Investigations continue alongside the three other co-owners, including the ICA and Coop hypermarkets, together with the municipality, to produce a significant extension of the gallery for which there is considerable tenant demand.
Visit the Bergvik website at www.bergvik.se
2010/2011 Overview and Performance
(€ million)
