SPAR Norway tackles food waste with 50% off on all freshly baked bread one hour before closing time

Norway, 2017-Sep-19 — /EPR Retail News/ — SPAR Norway is aiming to reduce food waste by 270 tons a year. How does it hope to achieve this? By offering a 50 percent discount on all freshly baked bread one hour before closing time. Before officially launching the bread waste reduction scheme in August, it was […]

Citycon sells non-core retail property Lade in Trondheim, Norway to Frost Holding AS for EUR 21 million

Helsinki, Finland, 2017-Feb-28 — /EPR Retail News/ — Citycon has signed an agreement to sell the non-core retail property Lade at the outskirts of Trondheim to Frost Holding AS. The property has five tenants and covers 8,600 sq.m. of gross leasable area. The purchase price amounts to approximately EUR 21 million (NOK 183 million), which […]

Klépierre subsidiary Steen & Strøm completes sale of its stakes in two shopping centers in Norway and Sweden

Paris, 2016-Nov-09 — /EPR Retail News/ — Klépierre today (November 7, 2016) announces that Steen & Strøm, its 56.1%-controlled subsidiary, has completed the sale of its stakes in two shopping centers: 49.9% of Åsane Storsenter in Bergen, Norway (49,604 sq.m.) and 100% of Torp Köpcentrum1 in Uddevalla, Sweden (31,600 sq.m.) for a total consideration of 235 […]

Lindex expands Reuse and recycle initiative at all its stores in Sweden and Norway

Lindex expands Reuse and recycle initiative at all its stores in Sweden and Norway   Gothenburg, Sweden, 2016-Aug-22 — /EPR Retail News/ — Lindex launches the possibility for their customers to hand in used textile for recycling and reuse in all stores in Sweden and Norway. Reuse and recycle is a part of the company’s long […]

Citycon CEO KOKKEEL on 1H2016: stable financial results driven by the good performance in Sweden and Norway

HELSINKI, FINLAND, 2016-Jul-17 — /EPR Retail News/ — APRIL-JUNE 2016 – Gross rental income increased to EUR 62.2 million (Q2/2015: 46.6) mainly due to the acquisition of Norwegian shopping centre company Sektor Gruppen AS (Sektor) in July 2015. Gross rental income of Citycon’s Norwegian operations amounted to EUR 20.9 million. The acquisition also increased net […]

Klépierre further increases its leadership position in Scandinavia with the acquisition of Oslo’s leading shopping center, Oslo City

PARIS, 2016-1-4 — /EPR Retail News/ — Klépierre announces that Steen & Strøm, its 56.1% controlled subsidiary, jointly with its partner – Entra – has completed1 the acquisition of Oslo City on December 31, 2015. Steen & Strøm and Entra have started a demerger process of the holding company that owns Oslo City, following which, […]