With four leases expiring in 2010 there will be an opportunity to extend income security in the retail park where there is strong tenant demand due to its prominent motorway frontage (E4) and a lack of other external retail in Södertälje.
Discussions are taking place with the municipality to improve access, utilise unused building rights of around 2,500m2 and broaden the retail use beyond its existing “bulky goods” status.
2008/2009 Overview and Performance
Total Lettable Area
19,040m²
Rental Income
(€ million)
(€ million)
2.31
ECP Ownership
19,040m²
Rental Growth
3.73%
Value (€ million)
35.07
Visitors 2008/9
1.50m
Major Tenants
OnOff, Siba, El Giganten, Rusta, Jysk, Plantagen, Intersport, Jula
