Monday 06 February 2012
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Eurocommercial Properties :: sweden hälla shopping

Västerås is the fifth largest city in Sweden with a major lake harbour, making it an important city for trade. Major retailers ICA and H&M were both founded in Västerås.

The centre is part of a regional retail zone located at the entrance to the city from Stockholm on the E18 motorway and adjoins a large ICA hypermarket. IKEA recently vacated Hälla, moving to the western side of Västerås, and are planning to redevelop and let their former store for boxes that will complement the overall retail offer.

 

Visit the Hälla Shopping website at www.hallashopping.se

 

2010/2011 Overview and Performance

Total Lettable Area
20,152m²
Value (€ million)
29.54*
Retail/Gallery
8,152m²
Passing Rent
(€ million)
1.91
Hyper (ICA Maxi)
10,000m²
Rental Growth
-1.50%
Other Retail
2,000m²
Visitors 2010/2011
5.43m
ECP Ownership
10,152m²
Major Tenants
H&M, Stadium, KappAhl, Lindex, JC

*Small external unit sold during the period for €0.8 million